Using value factor ETFs
The value factor seeks lower-cost securities that are undervalued relative to their intrinsic value. Less expensive securities that could beat expectations may offer investors more upside.
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NAV $20.21
-$0.20 / -0.98%
- Inception 01-Oct-2026
- Benchmark Fidelity Canada U.S. Value Index
- Distributions Monthly
- Morningstar category U.S. Equity
- Also available through Trust US$, ETF US$, ETF Currency neutral, ETF CDN$ and Trust T-Series
- Get Fund Facts
Calendar returns (%) 30-Sep-2026
| YTD 2026 | |
|---|---|
| Fund | - |
Standard period returns (%) 30-Sep-2026
| 1 mo | 3 mo | 6 mo | 1 yr | Inception | |
|---|---|---|---|---|---|
| Fund | - | - | - | - |
Why invest in this fund?
- Single-factor exposure to companies that exhibit attractive valuations.
- An outcome-oriented approach that seeks to identify undervalued securities with an opportunity to outperform over the long term.
- An efficient complement to a well-diversified portfolio.
Risk measures
Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.
Risk classification
- Low
- Low to medium
- Medium
- Medium to high
- High
This fund has a medium volatility rating
Allocation
Asset mix (%)
31-Aug-2026
Country mix (%)
31-Aug-2026
Sector mix (%)
31-Aug-2026
| 12 months ago | Last month | Current month | |
|---|---|---|---|
| Information Technology
|
24.8 | 27.1 | 29.8 |
| Financials
|
20.2 | 19.7 | 19.6 |
| Materials
|
8.8 | 8.1 | 11.9 |
| Energy
|
- | - | 11.7 |
| Real Estate
|
- | - | 9.2 |
| Utilities
|
8.6 | 8.4 | 7.6 |
| Industrials
|
15.4 | 15.4 | 2.9 |
| Health Care
|
15.3 | 3.3 | 2.7 |
| Communication Services
|
2.7 | 3.1 | 2.5 |
| Consumer Disc.
|
3.7 | 14.9 | 2.4 |
| Multi Sector
|
0.3 | 0.1 | 0.1 |
| Consumer Staples
|
- | - | - |
Top ten holdings
- Nvidia
- Apple
- Newmont Corporation
- AngloGold Ashanti
- Host Hotels & Resorts
- Microsoft
- ExxonMobil Holdings Corporation
- VICI Properties
- Edison International
- ConocoPhillips
| Total number of holdings | 99 |
|---|---|
| Top ten holdings aggregate | 48.9% |
- Nvidia
- Apple
- Edison International
- Amazon.com
- CF Industries Holdings
- PG&E
- Microsoft
- Newmont Corporation
- Caterpillar
- Berkshire Hathaway, Cl. B
| Total number of holdings | 95 |
|---|---|
| Top ten holdings aggregate | 39.3% |
- CF Industries Holdings
- Nvidia
- Edison International
- Apple
- PG&E
- Amazon.com
- Newmont Corporation
- Microsoft
- Berkshire Hathaway, Cl. B
- Caterpillar
| Total number of holdings | 94 |
|---|---|
| Top ten holdings aggregate | 42.9% |
- Alcoa Corporation
- Newmont Corporation
- Nvidia
- Apple
- Microsoft
- Edison International
- PG&E
- Eli Lilly and Company
- Berkshire Hathaway, Cl. B
- Johnson & Johnson
| Total number of holdings | 96 |
|---|---|
| Top ten holdings aggregate | 41.2% |
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, 2026, Geode manages over $2.2 trillion.
