Fidelity InvestmentsLarge ValueFFLV · Cboe BZX

Fidelity Fundamental Large Cap Value ETF (FFLV)

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Price: $29.14; —12 Nov 2026
Assets: $18.8M; Total net assets
Expense ratio: 0.38%; Category 0.85%
Yield: 1.30%; Trailing distributions

1Y return: 24.6%+4.4%; Category 20.2%
3Y CAGR: —; Category 19.8%
5Y CAGR: —; Category 11.1%

$29.14—12 Nov 2026

Fund

Assets: $18.8M
Expense: 0.38%
Categ. exp: 0.85%
Yield: 1.30%

ReturnFundCateg.

1Y24.6%20.2%

3Y—19.8%

5Y—11.1%

Launch16.5%—

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Fidelity Fundamental Large Cap Value ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+3.0%	+0.2%	+9.6%	+20.6%	+24.6%	—	—	—	+16.5%
Large Value average	2.7%	0.5%	8.8%	18.4%	20.2%	19.8%	11.1%	12.4%	13.2%
Difference	+0.3%	-0.2%	+0.8%	+2.2%	+4.4%	—	—	—	+3.3%

Holdings

The 10 largest positions make up 34.1% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
AMZN	Amazon.com Inc	6.51%
AAPL	Apple Inc	5.34%
MSFT	Microsoft Corp	5.15%
XOM	ExxonMobil Holdings Corp	4.15%
WFC	Wells Fargo & Co	2.40%
MRK	Merck & Co Inc	2.40%
TRV	The Travelers Companies Inc	2.20%
BAC	Bank of America Corp	2.07%
TSM	Taiwan Semiconductor Manufacturing Co Ltd ADR	1.97%
JNJ	Johnson & Johnson	1.89%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 19.1
P/B: 3.0
P/S: 1.8
P/CF: 13.1

Sector allocation

Share of the equity the fund holds.

Technology20.1%
Financial services18.6%
Health care13.6%
Consumer discretionary12.9%
Industrials8.9%
Energy7.6%
Consumer staples5.6%
Communication services3.5%
Materials3.4%
Utilities3.1%
Real estate2.6%

Asset mix

Stocks99.5%
Cash0.4%
Other0.1%

ETF details

Issuer: Fidelity Investments
Category: Equity · Large Value
Ticker: FFLV
Exchange: Cboe BZX
Inception: 22 Feb 2024 (2.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.38% (category 0.85%)
Holdings turnover: 30% (category 57%)
Distribution yield: 1.30%
Beta, 3 years: 0.00
Total net assets: $18.8M

Prices and returns as of 12 Nov 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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