Fidelity International Value Factor ETF (FIVA) Performance
FIVA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.7% since Dec 31, 2025
- 1 year
- +23.2% total return
- 5 years
- +13.0% a year
- Since first price
- +8.4% a year since 2018
FIVA trailing returns vs SPY, QQQ, AGG
| Period | FIVA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.1% | −2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.7% | −1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.4% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +13.7% | +10.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.2% | +19.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +91.4%+24.2%/yr | +73.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +84.1%+13.0%/yr | +54.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 18, 2018 | +102.1%+8.4%/yr | +50.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FIVA vs SPY
From Jan 18, 2018: FIVA grew to $20,208, SPY to $31,089.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FIVA returns by calendar year
5 of 7 full years positive. Best 2025 (+45.9%), worst 2022 (−10.4%). 2026 is year to date.
FIVA annual returns table
| Year | FIVA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.7% | −11.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +45.9% | −14.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.5% | −9.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +20.4% | −9.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.4% | −28.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +15.9% | −7.3% | +28.7% | +27.4% | −1.8% |
| 2020 | −1.8% | −37.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.8% | −9.9% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FIVA largest drawdowns
Now 5.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 23, 2018 | −39.8% | Mar 23, 2020 | Feb 16, 2021 | 2.2 years | 3.1 years |
| Jan 14, 2022 | −28.7% | Sep 27, 2022 | Jul 18, 2023 | 8 months | 1.5 years |
| Mar 19, 2025 | −14.8% | Apr 8, 2025 | May 2, 2025 | 20 days | 44 days |
| Feb 26, 2026 | −11.7% | Mar 20, 2026 | May 21, 2026 | 22 days | 3 months |
| Sep 26, 2024 | −10.2% | Jan 13, 2025 | Feb 25, 2025 | 4 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FIVA risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +22.4% | +13.8% | +8.6% |
| Volatility (annualized) | 12.3% | 15.9% | 17.0% |
| Sharpe ratio | 1.37 | 0.67 | 0.43 |
| Sortino ratio | 2.30 | 1.06 | 0.64 |
| Best month | +7.2% | +13.2% | +17.9% |
| Worst month | −7.7% | −9.9% | −16.6% |
| Best 12 months | +48.2% | +48.2% | +48.2% |
| Worst 12 months | +2.5% | −22.7% | −22.7% |
| Positive months | 72% | 63% | 62% |
| Beta vs S&P 500 | 0.52 | 0.72 | — |
| Correlation with S&P 500 | 0.53 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FIVA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 94 | −22.7% | +11.7% | +48.2% | 67% |
| 3-year (a year) | 70 | −2.8% | +7.6% | +25.4% | 96% |
| 5-year (a year) | 46 | +1.8% | +8.4% | +16.2% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
FIVA performance overview
Fidelity International Value Factor ETF (FIVA) returned +23.2% over the past year and +13.0% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +8.4% a year, turning $10,000 into about $20,208. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.8%, from Jan 23, 2018 to Mar 23, 2020, and it took 11 months to get back to the old high. FIVA finished 5 of its 7 full calendar years with a gain; the best year was 2025 (+45.9%) and the worst 2022 (−10.4%). Volatility has been 17.0% a year.
Related: FIVA chart, FIVA holdings, FIVA dividends. See the FIVA overview for the latest quote and fund facts.
FIVA performance FAQ
What is the FIVA return over the past year?
FIVA returned +23.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.7%.
What is the average annual return of FIVA?
FIVA has returned +13.0% a year over 5 years, +8.4% a year since January 18, 2018 (total return, distributions reinvested).
How much would $10,000 invested in FIVA be worth?
$10,000 invested in FIVA at its first recorded close on January 18, 2018 would be worth about $20,208 on October 23, 2026 with distributions reinvested.
What was the worst year for FIVA?
The worst calendar year was 2022, with a total return of −10.4%. The best was 2025 at +45.9%.
What is the biggest drawdown of FIVA?
The largest peak-to-trough decline was −39.8% between January 23, 2018 and March 23, 2020. It recovered to the old high on February 16, 2021, 11 months after the bottom.
How volatile is FIVA?
Over the past 3 years FIVA had an annualized volatility of 12.3% and a Sharpe ratio of 1.37 (excess return over 1–3 month T-bills per unit of risk).