Fidelity International Value ETF
FCIV.TO
Toronto Stock Exchange- -
CAD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Fidelity International Value ETF (FCIV.TO) is an exchange-traded fund that seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada International Value Index. The ETF invests primarily in equity securities of large- and mid-capitalization companies in developed markets outside Canada and the United States that exhibit attractive valuations based on factors such as low price-to-book and price-to-earnings ratios; it provides exposure to sectors including financials, materials, industrials, utilities, energy, and real estate, with top holdings such as Fresnillo plc, Daiwa House Industry Co., Ltd., Shell plc, Klépierre SA, and Rio Tinto Group. As of September 30, 2025, the fund holds approximately 106 securities, with the top ten comprising about 30.6% of assets; country allocations emphasize Japan (23.7%), the United Kingdom (19.6%), France (17.2%), Australia (6.6%), and Italy (5.2%), alongside others. The ETF distributes net income semi-annually and capital gains in mid-to-late December, trades on the Toronto Stock Exchange in Canadian dollars, and features a management expense ratio of 0.52% as of March 31, 2025. Launched on June 5, 2020 by Fidelity Investments Canada ULC and headquartered at 483 Bay Street, North Tower, Suite 300, Toronto, Ontario, the ETF is portfolio-managed by Geode Capital Management, LLC, a systematic investment manager overseeing over $1.7 trillion in assets. It targets medium- to long-term investors seeking international value equity exposure with medium volatility, complementing diversified portfolios through undervalued securities poised for potential outperformance. Assets under management reached $1.0248 billion as of September 30, 2025, reflecting steady growth. In a notable development effective December 1, 2023, the fund underwent a name change from Fidelity International Value Index ETF to Fidelity International Value ETF as part of Fidelity Investments Canada ULC's initiative to streamline nomenclature across its ETF lineup while preserving investment objectives, strategies, and ticker symbols. No further major acquisitions, partnerships, funding rounds, or strategic shifts have been reported for the ETF in the last 1-2 years; it continues to track its proprietary index provided by Fidelity Product Services LLC with semi-annual rebalancing.