FCUV
  • NAV $22.29 16-Oct-2025
  • -$0.08 / -0.36% Daily NAV change
  • 12.54% YTD return
  • MARKET PRICE 16-Oct-2025
  • $22.30   
  • Inception 05-Jun-2020
  • Net assets $1.769B
    16-Oct-2025
  • Units outstanding 79,350,000
    16-Oct-2025
  • Management fee 0.35%
  • MER * 0.38%
    31-Mar-2025
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Value Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Semi-Annually
  • Exchange Toronto Stock Exchange
  • CUSIP 31647E103
  • Morningstar category U.S. Equity
  • Also available through Trust CDN$, ETF US$ and ETF Currency neutral
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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The units of this ETF were subdivided after the close of business on March 3, 2021. The units started trading on a split-adjusted basis as of March 4, 2021. Please refer to the Footnotes and Disclosures section at the bottom of this page for additional details.

Why invest in this ETF?

  • Single-factor exposure to companies that exhibit attractive valuations              
  • An outcome-oriented approach that seeks to provide undervalued securities with opportunity to outperform over the long term
  • An efficient complement to a well-diversified portfolio

Calendar returns (%) 30-Sep-2025

YTD 2025 2024 2023 2022 2021
ETF (NAV) 10.06 35.60 19.58 3.24 36.50
ETF (Market price) 9.91 35.81 19.60 3.14 36.50

Standard period returns (%) 30-Sep-2025

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception†
ETF (NAV) 4.40 10.24 9.20 21.28 25.73 22.87 21.22
ETF (Market price) 4.30 10.08 9.07 21.29 25.71 22.88 21.68

Risk measures (%) 30-Sep-2025

Fund
Annualized standard deviation 14.49
Beta 1.00
R² 1.00

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

30-Sep-2025

Country mix (%)

30-Sep-2025

Sector mix (%)

30-Sep-2025
12 months ago Last month Current month
Information Technology 23.6 24.8 25.9
Financials 20.4 20.2 19.7
Health Care 5.2 15.3 15.9
Industrials 17.6 15.4 14.6
Materials 8.8 8.8 9.3
Utilities 9.1 8.6 8.3
Consumer Disc. 3.4 3.7 3.7
Communication Services 1.9 2.7 2.7
Multi Sector 0.1 0.3 0.1
Real Estate - - -
Consumer Staples - - -
Energy 9.9 - -

Top ten holdings

  1. NEWMONT CORP
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. APPLE INC
  5. ALCOA CORP
  6. PG&E CORP
  7. EDISON INTL
  8. BERKSHIRE HATHAWAY INC CL B
  9. ELI LILLY & CO
  10. BROADCOM INC
Total number of holdings 95
Top ten holdings aggregate 41.3%
  1. NVIDIA CORP
  2. NEWMONT CORP
  3. MICROSOFT CORP
  4. APPLE INC
  5. PG&E CORP
  6. EDISON INTL
  7. ALCOA CORP
  8. BERKSHIRE HATHAWAY INC CL B
  9. ELI LILLY & CO
  10. UNITEDHEALTH GROUP INC
Total number of holdings 95
Top ten holdings aggregate 40.0%
  1. NVIDIA CORP
  2. MICROSOFT CORP
  3. NEWMONT CORP
  4. APPLE INC
  5. PG&E CORP
  6. EDISON INTL
  7. ALCOA CORP
  8. BERKSHIRE HATHAWAY INC CL B
  9. ELI LILLY & CO
  10. VISA INC CL A
Total number of holdings 96
Top ten holdings aggregate 39.2%
  1. NVIDIA CORP
  2. MICROSOFT CORP
  3. VICI PPTYS INC
  4. APPLE INC
  5. EDISON INTL
  6. HOST HOTELS & RESORTS INC
  7. PG&E CORP
  8. BERKSHIRE HATHAWAY INC CL B
  9. CATERPILLAR INC
  10. VISA INC CL A
Total number of holdings 92
Top ten holdings aggregate 40.8%
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Portfolio manager

Managed by Geode - Geode Capital Management is a global systematic investment manager. With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with the benefits of a versatile investment platform – flexibility and customization. Geode is able to offer institutional investors the essential building blocks for today’s changing investment landscape.

As at June 30, 2025, Geode manages over $1.7 trillion.