(FQAL) Fidelity Quality Factor - Ratings and Ratios

The Fidelity® Quality Factor ETF (FQAL) is designed to capture the performance of high-quality U.S. companies, focusing on large and mid-cap firms. It allocates at least 80% of its assets to securities in the Fidelity U.S. Quality Factor Index, which emphasizes companies with strong financial health, stable earnings, and lower debt levels. This ETF is structured to reflect the quality factor, a dimension of investment returns tied to a companys operational efficiency and financial stability.

FQAL tracks an index that selects companies based on specific quality metrics, such as high return on equity, low debt-to-equity ratios, and consistent earnings growth. By focusing on these criteria, the fund aims to deliver exposure to companies with durable competitive advantages and lower financial risk. Additionally, the fund engages in securities lending to generate incremental income for its shareholders.

As a large-blend ETF, FQAL is categorized under U.S. equities, offering a diversified portfolio of domestic stocks. With an AUM of $1.121 billion, it provides investors with exposure to a basket of high-quality companies. The fund trades on the NYSE ARCA under the ticker FQAL. For more details, visit http://www.institutional.fidelity.com.