Build Global Value Exposure With This 2-ETF Combo

Core Insights - The article discusses the resurgence of value investing amidst high growth market valuations, suggesting a two-ETF combination for global value exposure: Fidelity Value Factor ETF (FVAL) and Fidelity International Value Factor ETF (FIVA) [1] Group 1: Fidelity Value Factor ETF (FVAL) - FVAL tracks the Fidelity U.S. Value Factor Index, providing a cost-effective way to target value investment opportunities with a net expense ratio of 15 basis points, or $15 per $10,000 invested [1] - The fund employs a proprietary index methodology that ranks stocks based on four value measures: high free-cash-flow yield, low enterprise value to EBITDA, low price to tangible book value, and low price to future earnings [1] - As of December 31, the top three holdings in FVAL are Nvidia, Apple, and Microsoft, indicating a strong tech sector allocation while also including exposure to financials, health care, and consumer discretionary [1] Group 2: Fidelity International Value Factor ETF (FIVA) - FIVA is positioned favorably as investors seek international assets, particularly due to a weaker dollar following three consecutive interest rate cuts by the U.S. Federal Reserve [1] - The methodology for FIVA mirrors that of FVAL, ranking international stocks by country and sector using the same four value measures, with adjustments to remove size bias [1] - FIVA has a low expense ratio of 19 basis points, or $19 per $10,000 invested, and can be used alongside FVAL for comprehensive global value exposure [1]