Fidelity International Value Factor ETF
FIVA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Jan 25, 2018
- CIK
- 0000945908
- Website
- digital.fidelity.com
- Similar Companies
- Business
- Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that seeks to provide investment results corresponding to the Fidelity International Value Factor Index, focusing on large- and mid-capitalization value stocks from developed markets excluding the United States. The fund invests primarily in public equities across diversified sectors in the global ex-US region, with approximately 98% allocation to non-US stocks, emphasizing companies exhibiting attractive valuations based on value factors such as low price-to-book and price-to-earnings ratios; it holds around 132 securities, including top positions in Nestlé SA, UniCredit SpA, ASML Holding NV, BAE Systems plc, and SAP SE. Managed by Fidelity Management & Research Company LLC and co-managed by Geode Capital Management, LLC, FIVA offers quarterly distributions, a net expense ratio of 0.19%, and trades on the NYSE Arca exchange under the ticker FIVA (CUSIP: 316092717). Launched on January 16, 2018, by Fidelity Covington Trust, a statutory trust organized under Delaware law and domiciled in the United States, the ETF targets investors seeking exposure to international value equities with assets under management recently surpassing $300 million. Geographic operations span developed markets including Europe (e.g., Switzerland, Italy, Netherlands, UK, Germany), with no emerging markets exposure; the fund maintains full holdings transparency and employs a tiered weighting methodology based on fundamental stock selection. It serves institutional and retail investors through brokerage platforms, with no front-end or deferred loads and a minimum initial investment typically not required. Recent developments include sustained quarterly dividend declarations, such as $0.3420 per share in late 2025, alongside quarterly distributions of $0.2560, $0.1110, and $0.21 earlier in the year, reflecting stable income generation amid market volatility; assets under management have fluctuated between $233 million and $306 million in 2025, with no reported acquisitions, mergers, or strategic alliances specific to the fund. The ETF has maintained its core strategy without major reorganizations or product shifts in the last 1-2 years, though Fidelity Investments as the broader sponsor continues expanding its ETF lineup. Ongoing portfolio adjustments align with the underlying index, supporting performance in a category ranking in the 88th percentile for total cost of ownership.