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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.59% 0.06% 119.68M 11433.57
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.77% 35.00% -16.76M Upgrade

Basic Info

Investment Strategy
The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks).
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Large Value
Category Index Russell 1000 Value TR USD
Global Category Name US Equity Large Cap Value
YCharts Categorization US Large Cap Value
YCharts Benchmark Russell 1000 Value Total Return (^RLVTR)
Prospectus Objective Growth
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
Russell 1000 Value TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Anastasia Zabolotnikova 4.00 yrs
Sean Gavin 4.00 yrs

Performance Versus Category

 
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10%
5%
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
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Total Return (NAV)
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--
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--
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Category Rtn. (NAV)
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--
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% Rank in Cat (NAV)
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As of June 25, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
26.23%
-2.26%
5.46%
4.19%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
15.46%
18.16%
-7.87%
26.20%
9.97%
30.96%
-8.25%
17.18%
8.32%
18.75%
-9.49%
28.86%
-9.90%
35.30%
-5.63%
11.70%
9.00%
--
--
--
--
--
--
--
6.63%
15.09%
-9.18%
31.48%
1.55%
25.21%
-5.39%
21.75%
5.71%
As of June 25, 2024.

Asset Allocation

As of April 30, 2024.
Type % Net % Long % Short
Cash 2.34% Upgrade Upgrade
Stock 97.66% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks).
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Value
Fixed Income Style --
Broad Asset Class US Equity
Broad Category Equity
Category Name Large Value
Category Index Russell 1000 Value TR USD
Global Category Name US Equity Large Cap Value
YCharts Categorization US Large Cap Value
YCharts Benchmark Russell 1000 Value Total Return (^RLVTR)
Prospectus Objective Growth
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
Russell 1000 Value TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Anastasia Zabolotnikova 4.00 yrs
Sean Gavin 4.00 yrs

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