Fidelity® International Value Factor ETF

10-Year Study

FIVA.US · · US · ETF

Executive Summary: Fidelity® International Value Factor ETF has compounded at 8.3% annually over the last 10 years, with a maximum drawdown of 28.3% and an annualized volatility of 15.3%.

1Y CAGR
+33.0%
3Y CAGR
+22.7%
5Y CAGR
+11.9%
10Y CAGR
+8.3%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
28.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.31
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.47
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +45.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -10.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
75%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20266.64.3-8.65.6————————7.4%
20254.94.51.33.45.02.7-0.75.52.41.33.25.145.9%
2024-0.81.74.1-1.45.0-3.23.42.20.7-4.8-0.4-3.42.5%
20239.6-2.01.03.1-4.76.43.2-2.0-2.4-3.97.24.520.4%
20220.4-3.2-0.2-5.62.8-9.93.0-5.3-9.97.513.2-1.3-10.4%
20210.14.04.21.84.4-1.80.20.9-2.32.9-4.85.815.9%
2020-3.6-9.0-16.64.83.53.70.25.1-2.7-5.217.94.0-1.8%
20198.21.8-0.12.3-5.75.6-2.1-3.13.93.02.13.119.8%
2018—-3.6-1.52.6-2.9-2.63.6-3.21.1-7.90.3-5.2-18.2%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 15.3%. The dominant macroeconomic risk driver is VEA.US, accounting for 96.3% of variance. Idiosyncratic stock-specific factors contribute 2.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2018-01-0110000
2018-02-019640.020396040645
2018-03-019492.885040976065
2018-04-019738.373468325686
2018-05-019452.723765067049
2018-06-019210.6522001966
2018-07-019542.666098941825
2018-08-019233.045791213934
2018-09-019337.706917306672
2018-10-018604.658497736988
2018-11-018628.73423643637
2018-12-018177.4455536105725
2019-01-018844.15427396929
2019-02-019004.641676260166
2019-03-018996.441206310157
2019-04-019206.183995416148
2019-05-018684.928482439955
2019-06-019170.858894093035
2019-07-018978.463252958214
2019-08-018699.594707542854
2019-09-019039.073136627188
2019-10-019307.428259029717
2019-11-019499.298229013893
2019-12-019794.725415674462
2020-01-019439.634553416074
2020-02-018592.83089684755
2020-03-017167.315870537709
2020-04-017509.475222490315
2020-05-017776.043062980661
2020-06-018067.580283126483
2020-07-018086.031340514001
2020-08-018498.104955501938
2020-09-018271.96122649593
2020-10-017844.432879679131
2020-11-019248.500523042794
2020-12-019620.150026546393
2021-01-019633.344372427498
2021-02-0110020.764010450343
2021-03-0110438.409739635079
2021-04-0110624.970430997775
2021-05-0111093.606261794746
2021-06-0110889.277885540365
2021-07-0110907.150704662175
2021-08-0111010.234817302993
2021-09-0110759.752514022279
2021-10-0111071.738341928058
2021-11-0110540.284808629418
2021-12-0111150.115910488717
2022-01-0111193.90431733716
2022-02-0110839.233991999286
2022-03-0110822.622783639012
2022-04-0110212.160876398944
2022-05-0110496.496401780974
2022-06-019459.452355795263
2022-07-019743.104508681461
2022-08-019224.214515883155
2022-09-018312.332770865201
2022-10-018939.72128915593
2022-11-0110121.21976733795
2022-12-019993.6919461923
2023-01-0110952.673826307739
2023-02-0110734.572865906546
2023-03-0110840.232767185506
2023-04-0111173.087739771754
2023-05-0110644.367696456451
2023-06-0111322.58861501422
2023-07-0111680.6232357162
2023-08-0111448.539422707943
2023-09-0111175.505827064704
2023-10-0110742.98360431681
2023-11-0111511.409692324674
2023-12-0112030.247118007917
2024-01-0111936.782787423843
2024-02-0112143.529250971176
2024-03-0112644.756693107925
2024-04-0112465.187428048763
2024-05-0113088.79111405487
2024-06-0112665.941240478782
2024-07-0113090.578395967052
2024-08-0113378.01538113787
2024-09-0113465.802463295011
2024-10-0112814.233072074772
2024-11-0112765.450789295232
2024-12-0112334.873549804715
2025-01-0112941.182654954715
2025-02-0113527.095719459821
2025-03-0113704.562299916419
2025-04-0114172.514758217554
2025-05-0114877.019234307403
2025-06-0115272.271372474808
2025-07-0115168.188484647775
2025-08-0115995.857711332947
2025-09-0116373.815268644243
2025-10-0116588.4467994512
2025-11-0117116.693738730926
2025-12-0117993.72348646134
2026-01-0119181.740286911314
2026-02-0120012.30070492501
2026-03-0118298.61275383346
2026-04-0119318.414786078127
Annual Return Matrix
YearAnnual Return
20190.19777323510883105
2020-0.017823408183418543
20210.15903763244028934
2022-0.10371407558271117
20230.20378406526644688
20240.025321710253217056
20250.4587683784359684
20260.07361963190184051
Total Factor Risk
0.15326952531646498
VTI.US Exposure
-0.08885244521614928
VEA.US Exposure
0.9630447751821833
VWO.US Exposure
0.039570721074472945
QQQ.US Exposure
0.025868598779733916
VTV.US Exposure
0.14977182738568948
IJR.US Exposure
0.0024840211158121423
QUAL.US Exposure
-0.09826104895263568
SHV.US Exposure
0.005337879706193502
TLT.US Exposure
-0.011969541322802223
LQD.US Exposure
-0.029132780422208994
HYG.US Exposure
0.05059862619514878
GLD.US Exposure
-0.02005685744024582
USO.US Exposure
0.007870349990203047
VNQ.US Exposure
-0.026581499316053255
BTC-USD.CC Exposure
-0.003953969483046727
CPER.US Exposure
0.01766551835845012
VIX.INDX Exposure
-0.012573970488584559
UUP.US Exposure
0.002087463997297857
TIP.US Exposure
0.003042337612357234
Idiosyncratic Exposure
0.024039993244184207
Value Score
45.4
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
28.8
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
15.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →11.5x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.40%
Market Cap$58.6B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$161
Avg Yield on Cost
1.61%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$161.381.61%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.6%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+11.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
3.7% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.97
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Fidelity® International Value Factor ETF a high-risk investment?

Fidelity® International Value Factor ETF (FIVA.US) has an annualized volatility of 15.3% and experienced a maximum drawdown of 28.3% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of FIVA.US?

Over the past 10 years, FIVA.US has generated a Compound Annual Growth Rate (CAGR) of 8.3%. It has had a positive return in 75% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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