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Fidelity® International Multifactor ETF (FDEV)
Look-through valuation · Style & factor · Expense ratio 0.18 % · ISIN US3160925356
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Shell plc SHEL | 1.8 % | n/a | n/a |
| Roche Holding AG ROP | 1.5 % | −0.8 % | 79 |
| Endesa SA ELE | 1.5 % | −32.2 % | 68 |
| Novartis AG NOVN | 1.4 % | +12.9 % | 86 |
| AstraZeneca PLC AZN | 1.4 % | n/a | n/a |
| Engie S.A. ENGI | 1.4 % | −11.7 % | 49 |
| Canadian Natural Resources Ltd CNQ | 1.3 % | n/a | n/a |
| Equinor ASA EQNR | 1.3 % | −80.0 % | 68 |
| Suncor Energy Inc SU | 1.3 % | n/a | n/a |
| Canadian Utilities Limited CU | 1.2 % | −80.0 % | 58 |
| Royal Bank of Canada RY | 1.2 % | n/a | n/a |
| Quebecor Inc QBR-B | 1.1 % | −10.9 % | 67 |
| Italgas SpA IG | 1.1 % | −31.3 % | 48 |
| KDDI Corp. 9433 | 1.1 % | n/a | n/a |
| Novo Nordisk A/S Class B 0QIU | 1.0 % | n/a | n/a |
| Vodafone Group PLC VOD | 1.0 % | +2.6 % | 61 |
| Banco Santander S.A. SAN | 1.0 % | +4.4 % | 69 |
| Unilever PLC ULVR | 1.0 % | −11.9 % | 69 |
| ARC Resources Ltd. ARX | 1.0 % | −18.1 % | 69 |
| Imperial Oil Ltd IMO | 1.0 % | n/a | n/a |
| Centrica PLC CNA | 1.0 % | +200.0 % | 56 |
| Tokyo Gas Co. Ltd. 9531 | 1.0 % | n/a | n/a |
| Drax Group PLC DRX | 0.9 % | −48.7 % | 57 |
| Inpex Corp. 1605 | 0.9 % | n/a | n/a |
| Nippon Telegraph & Telephone Corp 9432 | 0.9 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 50 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® International Multifactor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.