FQALETF

The Fidelity Quality Factor ETF (FQAL) is a smart beta ETF launched in 2016 that seeks to outperform the Large Cap Blend market segment by selecting higher-quality stocks. With $1.45 billion in assets, a low 0.15% expense ratio, and 138 holdings, FQAL returned 13.7% year-to-date as of October 2026. However, traditional market cap-weighted alternatives like VOO and IVV offer lower costs (0.03%) and may be more suitable for risk-averse investors.