Is Fidelity Quality Factor ETF (FQAL) a Strong ETF Right Now?

Core Insights - The Fidelity Quality Factor ETF (FQAL) debuted on September 12, 2016, and provides broad exposure to the Style Box - Large Cap Blend category of the market [1] Fund Overview - FQAL is managed by Fidelity and has accumulated over $1.06 billion in assets, making it one of the larger ETFs in its category [5] - The fund aims to match the performance of the Fidelity U.S. Quality Factor Index, which includes large and mid-cap U.S. companies with a higher quality profile than the broader market [5] Cost Structure - FQAL has an annual operating expense ratio of 0.16%, positioning it as one of the cheaper options in the ETF space [6] - The fund's 12-month trailing dividend yield is 1.20% [6] Sector Allocation - The Information Technology sector represents 31.9% of FQAL's portfolio, followed by Financials and Consumer Discretionary [7] - Nvidia Corp (NVDA) is the largest holding at approximately 7.55%, with Microsoft Corp (MSFT) and Apple Inc (AAPL) also among the top holdings [8] Performance Metrics - As of July 28, 2025, FQAL has gained approximately 9.64% year-to-date and 18.94% over the past year [10] - The fund has traded between $57.29 and $71.33 in the past 52 weeks, with a beta of 0.97 and a standard deviation of 16.13% over the trailing three-year period [10] Alternatives - Other ETFs in the same space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), with assets of $655.33 billion and $703.83 billion respectively [11] - SPY has an expense ratio of 0.09% while VOO charges 0.03% [11]