Nasdaq: Should Fidelity Quality Factor ETF (FQAL) Be on Your Investing Radar?
From Nasdaq:
The Fidelity Quality Factor ETF (FQAL) is a passively managed exchange traded fund that provides broad exposure to the Large Cap Blend segment of the US equity market. It aims to match the performance of the Fidelity U.S. Quality Factor Index and has assets over $370.65 million. The fund is sponsored by Fidelity and has a low expense ratio of 0.15% and a dividend yield of 1.36%. The ETF is focused on the Information Technology sector and has top holdings in Apple Inc, Microsoft Corp, and Alphabet Inc. FQAL has performed well, with a 23.52% increase this year and a 22.06% increase over the past year. It has a beta of 0.98 and a standard deviation of 17.26% for the trailing three-year period. Overall, it is a good option for those seeking exposure to the Style Box – Large Cap Blend area of the market. The article also provides alternative ETF options and recommends looking into other ETFs in the space. The Fidelity Quality Factor ETF (FQAL) is becoming increasingly popular with both institutional and retail investors due to its low cost, transparency, flexibility, and tax efficiency. It is considered a good vehicle for long term investors. For more information and recommendations, investors are directed to the Zacks Investment Research website.
Original: Should Fidelity Quality Factor ETF (FQAL) Be on Your Investing Radar?