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ETF NYSE Arca USD

Fidelity Quality Factor ETF FQAL

Issuer: Fidelity SEC registrant: Fidelity Covington Trust Equity · US
Watch FQAL (sign in) Add to portfolio (FQAL) Set an alert for FQAL Compare FQAL with other ETFs Position size calculator for FQAL at 84.9 USD

How position sizing works
Last price 84.90 USD Change: Up +0.47 Percent change: Up +0.56%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.15%
Prospectus 24 Nov 2025
Net assets
$1.4B
As of 31 Jul 2026
Holdings
128
As of 31 Jul 2026
12-month distribution yield
1.14%
Quarterly
Asset class
Equity
From holdings

Fidelity Quality Factor ETF (FQAL) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Fidelity. Its category is Equity · US (equity). Its last price was US$84.90 on 20 Oct 2026. Its expense ratio is 0.15% a year, from its prospectus dated 24 Nov 2025. It reported net assets of US$1.41 billion as of 31 Jul 2026. Its latest holdings report lists 128 holdings as of 31 Jul 2026. Over the last 12 months it paid distributions of US$0.97 a unit, a 12-month distribution yield of 1.14%, paid quarterly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.15%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.15%
Prospectus date
Not stated
Filed with the SEC
24 Nov 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$1,412,683,408
Total assets
$1,421,480,037
Holdings as of
31 Jul 2026
Report made public
23 Sep 2026 (54 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 128 positions, as of 31 Jul 2026. Weight is the percent of net assets the fund reported.

FQAL top holdings as of 31 Jul 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 NVIDIA CORP US67066G1040 7.69% $108.7M Equity (common) United States USD
2 APPLE INC US0378331005 7.22% $102.0M Equity (common) United States USD
3 MICROSOFT CORP US5949181045 5.62% $79.4M Equity (common) United States USD
4 ALPHABET INC ALPHABET INC CL A US02079K3059 5.58% $78.9M Equity (common) United States USD
5 BROADCOM INC US11135F1012 3.36% $47.5M Equity (common) United States USD
6 JPMORGAN CHASE and CO US46625H1005 1.97% $27.9M Equity (common) United States USD
7 META PLATFORMS INC META PLATFORMS INC CL A US30303M1027 1.90% $26.9M Equity (common) United States USD
8 ELI LILLY and CO US5324571083 1.77% $25.0M Equity (common) United States USD
9 APPLIED MATERIALS INC US0382221051 1.54% $21.7M Equity (common) United States USD
10 VISA INC VISA INC CL A US92826C8394 1.48% $21.0M Equity (common) United States USD
11 CISCO SYSTEMS INC US17275R1023 1.46% $20.6M Equity (common) United States USD
12 SEAGATE TECHNOLOGY HOLDINGS PLC IE00BKVD2N49 1.41% $20.0M Equity (common) Ireland USD
13 JOHNSON and JOHNSON US4781601046 1.37% $19.3M Equity (common) United States USD
14 LAM RESEARCH CORP US5128073062 1.31% $18.6M Equity (common) United States USD
15 FORTINET INC US34959E1091 1.27% $17.9M Equity (common) United States USD
16 MASTERCARD INC MASTERCARD INC CL A US57636Q1040 1.23% $17.4M Equity (common) United States USD
17 HOME DEPOT INC US4370761029 1.16% $16.3M Equity (common) United States USD
18 ABBVIE INC US00287Y1091 1.14% $16.1M Equity (common) United States USD
19 KLA CORP US4824801009 1.13% $16.0M Equity (common) United States USD
20 EXXONMOBIL HOLDINGS CORP US30233Q1085 1.12% $15.8M Equity (common) United States USD
21 AIRBNB INC AIRBNB INC CLASS A US0090661010 1.06% $14.9M Equity (common) United States USD
22 BOOKING HOLDINGS INC THE BOOKING HOLDINGS INC US09857L1089 1.05% $14.9M Equity (common) United States USD
23 CATERPILLAR INC US1491231015 0.97% $13.7M Equity (common) United States USD
24 GE AEROSPACE US3696043013 0.97% $13.7M Equity (common) United States USD
25 MERCK and CO INC MERCK and CO INC NEW US58933Y1055 0.94% $13.3M Equity (common) United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 31 Jul 2026

All 128 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Equity (common) 99.69%
Short-term investment vehicles (cash funds) 0.84%
Debt 0.03%
Equity derivatives <0.01%

Country

Country by weight
CountryWeightBar
United States 98.03%
Ireland 2.38%
United Kingdom 0.15%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 100.56%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Technology 41.23%
Consumer Discretionary 16.77%
Finance 9.32%
Health Care 9.22%
Industrials 8.30%
Energy 3.03%
Telecommunications 2.59%
Utilities 2.55%
Real Estate 1.95%
Consumer Staples 1.52%
Basic Materials 0.51%
Unknown 0.13%

Partial coverage: sectors are known for 97.1% of net assets (97% of the fund's equity weight), the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.9680
4 payments per unit
12-month yield
1.14%
Distributions only, not total return
Frequency
Quarterly
From the gaps between ex-dates
Latest ex-date
18 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.9680) ÷ latest price ($84.90) × 100 = 1.14%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (18 payments)
FQAL distributions per unit by ex-date
Ex-dateAmount per unit
18 Sep 2026$0.2350
18 Jun 2026$0.2520
20 Mar 2026$0.2620
19 Dec 2025$0.2190
19 Sep 2025$0.2150
20 Jun 2025$0.2110
21 Mar 2025$0.2000
20 Dec 2024$0.2420
20 Sep 2024$0.2020
21 Jun 2024$0.1800
15 Mar 2024$0.1590
15 Dec 2023$0.1770
15 Sep 2023$0.1800
16 Jun 2023$0.1800
17 Mar 2023$0.1980
16 Dec 2022$0.1310
16 Sep 2022$0.1810
18 Mar 2022$0.1830

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

Largest funds in the same category:

Up to four symbols separated by commas. ASX funds end in .AX, for example IVV.AX.

How ETF overlap is measured, with a worked example

IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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