Fidelity Quality Factor ETF (FQAL)
| Assets | $1.18B |
| Expense Ratio | 0.15% |
| PE Ratio | 27.30 |
| Shares Out | 15.30M |
| Dividend (ttm) | $0.85 |
| Dividend Yield | 1.10% |
| Ex-Dividend Date | Dec 19, 2025 |
| Payout Ratio | 29.97% |
| 1-Year Return | +13.96% |
| Volume | 30,091 |
| Open | 76.79 |
| Previous Close | 77.18 |
| Day's Range | 76.72 - 77.02 |
| 52-Week Low | 56.05 |
| 52-Week High | 77.58 |
| Beta | 0.97 |
| Holdings | 130 |
| Inception Date | Sep 12, 2016 |
About FQAL
Fund Home PageThe Fidelity Quality Factor ETF (FQAL) is an exchange-traded fund that is based on the Fidelity U.S. Quality Factor index. The fund tracks an index of fundamentally- selected large and mid- cap US companies that are weighted according to a tiered scheme. FQAL was launched on Sep 12, 2016 and is issued by Fidelity.
Top 10 Holdings
36.76% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.51% |
| Apple Inc. | AAPL | 6.77% |
| Microsoft Corporation | MSFT | 5.14% |
| Alphabet Inc. | GOOGL | 5.10% |
| Broadcom Inc. | AVGO | 2.95% |
| Meta Platforms, Inc. | META | 2.39% |
| Fidelity Securities Lending Cash Central Fund | n/a | 2.02% |
| JPMorgan Chase & Co. | JPM | 1.82% |
| Eli Lilly and Company | LLY | 1.67% |
| The Home Depot, Inc. | HD | 1.39% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.219 | Dec 23, 2025 |
| Sep 19, 2025 | $0.215 | Sep 23, 2025 |
| Jun 20, 2025 | $0.211 | Jun 24, 2025 |
| Mar 21, 2025 | $0.200 | Mar 25, 2025 |
| Dec 20, 2024 | $0.242 | Dec 24, 2024 |
| Sep 20, 2024 | $0.202 | Sep 24, 2024 |
News
An Active Solution for Blue Chip Growth in 2026
A year ago, the Fidelity Blue Chip Growth ETF (FBCG) was named ETF of the Week. It may be even more relevant today, given the questionable valuations in certain large-cap growth companies.
Quality Factor ETFs: How Fidelity's FQAL Stacks Up Against The Big 3
Fidelity's FQAL is a lesser-known quality-themed fund with a 0.15% expense ratio and $1.2B in assets under management. This article explains why it deserves consideration alongside QUAL, SPHQ, and JQU...
FQAL: 2 Competitors Are More Compelling
The Fidelity Quality Factor ETF holds 128 large- and mid-cap stocks, emphasizing profitability, cash flow stability, and balance sheet quality. FQAL is close to the Russell 1000 Index in risk-adjusted...
FQAL: Strong Profitability, Track Record Remains Subdued
FQAL delivers a high-quality portfolio with strong profitability metrics, neutral sector allocation, and a focus on large-cap, mega-cap U.S. stocks. Despite solid fundamentals and lower volatility, FQ...
FQAL: Quality Does Not Necessarily Mean Growth
Fidelity Quality Factor ETF focuses on quality U.S. large-cap and mid-cap stocks but has underperformed the S&P 500 since inception. FQAL's sector allocation, concentration, and downside risks are sim...
FQAL: The Sector-Neutral Methodology May Be A Drag
Fidelity Quality Factor ETF has a portfolio of 125 stocks with quality characteristics, focused on large caps. The track record of FQAL is uncompelling: it has lagged the benchmark since its inception...
FQAL: A Quality ETF Underperforming The Market
FQAL offers exposure to high-quality companies with strong fundamentals but has consistently underperformed benchmarks and similar quality ETF. FQAL's stock selection methodology boosts profitability ...
What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha
Vanguard offers factor-based ETFs that have shown outstanding performance compared to unmanaged, index-based comparison ETFs. Factor-based ETFs have now become mainstream investments, with a market sh...
FQAL: Exemplary Quality, Some Growth Exposure, Yet Performance Is Unconvincing
FQAL is a passively managed vehicle with a strategy revolving around highly profitable U.S. bellwethers. My analysis illustrated that its portfolio has an edge over IVV when it comes to ROA, net incom...
FQAL: Value For The Quality, But Still No Bargain
Quality is a popular investment style that favors companies with strong fundamentals over longer time horizons.
FQAL: Not The Most Attractive Quality ETF
Fidelity® Quality Factor ETF holds 126 stocks with quality characteristics. The FQAL ETF focuses on higher profitability, stable cash flows, and good balance sheets, with a sector-neutral methodology....
FQAL: A Suboptimal Choice For Quality Factor Exposure
FQAL oversees a portfolio of the highly profitable U.S. market heavyweights selected from a pool of around 1,000 stocks.
Fidelity Quality Factor ETF Flies Under the Radar
When the market gets rough, you hear a lot about a "flight to quality." In the stock market, that means companies that have a lower risk profile thanks to traits such as dependable earnings, strong ba...
Fidelity Quality Factor ETF: Not Worth My Money
FQAL charges a fee double that of comparable ETFs.