FINA vs SPYV: Grades, Fees and Holdings Compared

Fidelity MSCI North American Subset Index ETF

FINABNYSE Arca

State Street SPDR Portfolio S&P 500 Value ETF

SPYVANYSE Arca

Overlap

53.2%by weight

Expense ratio

SPYV −0.05pt a year

FINA0.09%SPYV0.04%

Avg volume · 30D

SPYV 1.7×the volume

FINA1.25MSPYV2.1M

FINA vs SPYV Performance

Jul 31, 2026 – Oct 30, 2026

+1.1%FINA+3.8%SPYV

Expense ratio: FINA 0.09%; SPYV 0.04%, better
Fund size: FINA $2.14B; SPYV $39.2B
1Y total return: FINA No data; SPYV +16.6%
Yield (12M): FINA No data; SPYV 1.65%
Holdings: FINA 276; SPYV 437
Avg volume (30D): FINA 1.25M sh; SPYV 2.1M sh, better
NAV per share: FINA $25.27; SPYV $64.64
52W range

ETF.net Grade

Pillar letters and Scores for FINA, SPYV, with each pillar’s weight
Pillar	FINA	SPYV
Cost30% weight	A79	A98Higher
Mission25% weight	Not scored	A86
Risk15% weight	B66	A82Higher
Tradability15% weight	B62	A97Higher
Holdings10% weight	B57	A71Higher
Durability5% weight	C47	A86Higher

Rank among Other Major Indexes funds

How we build Categories ›

Same Category. FINA and SPYV are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds

See all 42 ›

SPYV ranks 1st and FINA 12th of 42 funds in the Other Major Indexes Category.

Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
Rank 2ASCHKSchwab 1000 Index ETFScore 86
Rank 11BSPXEProShares S&P 500 Ex-Energy ETFScore 69
Rank 12BFINAFidelity MSCI North American Subset Index ETFScore 68
Rank 12BXOEXXtrackers S&P 100 Ex Top 20 ETFScore 68

Our read on each fund

ETF.net Research

FINABFidelity MSCI North American Subset Index ETF

SPYVAState Street SPDR Portfolio S&P 500 Value ETF

In short

FINA No data

SPYV The value side of the S&P 500, tracked since 2000 for four basis points. It does one thing: hold the index names that screen cheap, and charge close to nothing for the privilege.

Stated mandate

FINA No data

SPYV The fund seeks to track, before fees and expenses, the total return of the S&P 500 Value Index.

Why people hold it

FINA No data

SPYV 0.04% a year. VOOV tracks the identical S&P 500 Value Index and charges 0.07%, so this is the same exposure at a lower fee.
Trading since 2000 and now a multi-billion-dollar fund that changes hands actively, so the plumbing is well worn.
No stock picking, no factor secret sauce: it aims to match the S&P 500 Value Index before fees, and it is one of the cleaner implementations in its peer group.ssga.com

Worth knowing

FINA No data

SPYV This is one style slice, roughly 400 value-screened names, not the whole S&P 500. It will move differently from the full index.
Value goes through long stretches in and out of favor. The fund follows the index rules either way, with no manager stepping in.
Distributions land quarterly, not monthly.

Full FINA profile⁠

Full SPYV profile⁠

FINA vs SPYV Holdings

How FINA and SPYV differ

Overlap by weight

53.2%

Shared holdings make up 75.5% of SPYV and 57.5% of FINA.

Level by level

Holdings183 in both53.2%
Countryby domicile95.2%
Asset classEquity100%

Sector

No Sector split for FINA.

Country, concentration and asset class

Country by domicile

Country weights in FINA and SPYV, widest gap first
Country	More in FINAMore in SPYV	FINA	SPYV
Canada	FINA +4.4 points	4.4%	0.0%
United States	SPYV +4.3 points	94.9%	99.2%
Other countries (6)	Same weight	0.8%	0.8%

Concentration

Weight in the 10 largest Holdings

FINA34.7%
SPYV24.4%

Securities held

FINA273
SPYV435

Asset class

FINA: Equity
SPYV: Equity

Holdings

Only in FINA90
In both183
Only in SPYV252

Only in FINA

90 securities, 42.1% of FINA by weight

NVIDIA Corp7.06%
Microsoft Corp5.38%
Alphabet Inc Class A2.62%
Broadcom Inc2.22%
Meta Platforms Inc Class A1.92%
Alphabet Inc Class C1.61%
Eli Lilly & Co1.58%
Micron Technology Inc1.54%
Advanced Micro Devices Inc1.36%
Palantir Technologies Inc0.63%
Applied Materials Inc0.56%
Lam Research Corp0.52%
Royal Bank of Canada0.49%
Caterpillar Inc0.47%
Rtx Corp0.42%
Crowdstrike Holdings Inc0.40%
Netflix Inc0.39%
Kla Corp0.38%
Toronto-Dominion Bank0.37%
Ge Vernova Inc0.37%
Linde PLC0.35%
Amphenol Corporation Class A0.34%
Shopify Inc Class A0.34%
Arista Networks Inc0.33%
Welltower Inc0.31%
Eaton Corp PLC0.30%
Accenture PLC Class A0.28%
Wheaton Precious Metals Corp0.26%
Vivmark Residential0.26%
Newmont Corp0.26%
Bank of Nova Scotia0.25%
Medtronic PLC0.25%
Bank of Montreal0.24%
Intuitive Surgical Inc0.24%
Chubb Ltd0.24%
Agnico Eagle Mines Ltd (Cana)0.24%
Snowflake Inc0.22%
Canadian Imp Bk of Commerce0.22%
Johnson Controls Internatl PLC0.21%
Enbridge Inc0.21%
The Booking Holdings Inc0.20%
Uber Technologies Inc0.20%
Slb Ltd0.19%
Manulife Financial Corp (Cana)0.19%
Cloudflare Inc0.17%
Canadian Pacific Kansas City L0.17%
Hilton Worldwide Holdings Inc0.17%
Brookfield Corp Class A0.17%
Becton Dickinson & Co0.17%
Quanta Svcs Inc0.16%

Only in SPYV

252 securities, 24.5% of SPYV by weight

Linde PLC0.76%
Eaton Corp PLC0.50%
Accenture PLC Class A0.49%
Chubb Ltd0.41%
Marathon Petroleum Corp0.40%
Medtronic PLC0.39%
Valero Energy Corp0.36%
Phillips 660.36%
Southern Co/The0.35%
Duke Energy Corp0.32%
Elevance Health Inc0.30%
Moderna Inc0.27%
United Parcel Service Class B0.26%
Slb Ltd0.26%
Illinois Tool Works0.24%
American Electric Power0.23%
Air Products & Chemicals Inc0.23%
Fedex Corp0.22%
Nxp Semiconductors NV0.22%
Targa Resources Corp0.22%
Kinder Morgan Inc0.22%
Nucor Corp0.20%
Fastenal Co0.20%
Crh PLC0.20%
Ww Grainger Inc0.19%
Dominion Energy Inc0.19%
Becton Dickinson and Co0.18%
Realty Income Corp0.18%
Metlife Inc0.18%
Public Storage0.17%
Entergy Corp0.17%
Humana Inc0.16%
Fifth Third Bancorp0.16%
Xcel Energy Inc0.16%
Delta Air Lines Inc0.16%
Wabtec Corp0.16%
State Street Corp0.16%
Waters Corp0.15%
Garmin Ltd0.15%
Republic Services Inc0.15%
Occidental Petroleum Corp0.15%
Iqvia Holdings Inc0.15%
Vivmark Residential0.14%
Roper Technologies Inc0.14%
Microchip Technology Inc0.14%
Ameriprise Financial Inc0.14%
Netapp Inc0.14%
American International Group0.14%
Block Inc0.14%
Prudential Financial Inc0.13%

Weight gaps

The 100 widest of 183 Holdings in both funds.

Holding weights in FINA and SPYV, widest gap first
Holding	More in FINAMore in SPYV	FINA	SPYV
Exxonmobil Holdings CorpXOM	SPYV +1.32 points	1.14%	2.46%
Apple IncAAPL	SPYV +0.97 points	7.33%	8.30%
Walmart IncWMT	SPYV +0.96 points	0.80%	1.76%
Intel CorpINTC	SPYV +0.90 points	0.59%	1.49%
Chevron CorpCVX	SPYV +0.83 points	0.66%	1.49%
Costco Wholesale CorpCOST	SPYV +0.80 points	0.64%	1.44%
UnitedHealth Group IncUNH	SPYV +0.65 points	0.55%	1.20%
Procter & Gamble CoPG	SPYV +0.61 points	0.61%	1.22%
Merck & Co Inc NewMRK	SPYV +0.60 points	0.58%	1.18%
Bank of America CorporationBAC	SPYV +0.55 points	0.53%	1.08%
Home Depot IncHD	SPYV +0.54 points	0.53%	1.07%
Texas Instruments IncTXN	SPYV +0.49 points	0.44%	0.93%
Wells Fargo & CoWFC	SPYV +0.45 points	0.39%	0.84%
Thermo Fisher Scientific IncTMO	SPYV +0.41 points	0.44%	0.85%
JPMorgan Chase & CoJPM	FINA +0.40 points	1.35%	0.95%
Qualcomm IncQCOM	SPYV +0.34 points	0.31%	0.65%
Citigroup IncC	SPYV +0.34 points	0.35%	0.69%
Analog Devices IncADI	SPYV +0.33 points	0.36%	0.69%
Nextera EnergyNEE	SPYV +0.32 points	0.24%	0.56%
Amazon.com IncAMZN	SPYV +0.29 points	3.37%	3.66%
Pepsico IncPEP	SPYV +0.28 points	0.31%	0.59%
Disney (Walt) CoDIS	SPYV +0.28 points	0.34%	0.62%
Union Pacific CorpUNP	SPYV +0.28 points	0.30%	0.58%
Salesforce IncCRM	SPYV +0.28 points	0.34%	0.62%
Verizon Communications IncVZ	SPYV +0.27 points	0.32%	0.59%
Mastercard Inc Class AMA	FINA +0.27 points	0.82%	0.55%
Abbott LaboratoriesABT	SPYV +0.26 points	0.33%	0.59%
BlackRock IncBLK	SPYV +0.25 points	0.30%	0.55%
Deere & CoDE	SPYV +0.24 points	0.30%	0.54%
ConocophillipsCOP	SPYV +0.24 points	0.35%	0.59%
Western Digital CorpWDC	SPYV +0.23 points	0.23%	0.46%
Danaher CorpDHR	SPYV +0.23 points	0.25%	0.48%
Pfizer IncPFE	SPYV +0.24 points	0.32%	0.56%
Schwab Charles CorpSCHW	SPYV +0.22 points	0.25%	0.47%
Tesla IncTSLA	FINA +0.22 points	1.63%	1.41%
Vertex Pharmaceuticals IncVRTX	SPYV +0.22 points	0.23%	0.45%
AT&T IncT	SPYV +0.22 points	0.25%	0.47%
Dell Technologies Inc Class CDELL	SPYV +0.20 points	0.27%	0.47%
Lowes Cos IncLOW	SPYV +0.20 points	0.18%	0.38%
Lockheed Martin CorpLMT	SPYV +0.20 points	0.23%	0.43%
Capital One Financial CorpCOF	SPYV +0.19 points	0.23%	0.42%
Starbucks CorpSBUX	SPYV +0.19 points	0.20%	0.39%
Cvs Health CorpCVS	SPYV +0.19 points	0.19%	0.38%
Altria Group IncMO	SPYV +0.18 points	0.24%	0.42%
Bristol-Myers Squibb CoBMY	SPYV +0.18 points	0.23%	0.41%
Amgen IncAMGN	FINA +0.17 points	0.43%	0.26%
Prologis Inc ReitPLD	SPYV +0.16 points	0.24%	0.40%
Johnson & JohnsonJNJ	FINA +0.15 points	1.04%	0.89%
Williams Companies IncWMB	SPYV +0.15 points	0.15%	0.30%
Mckesson CorpMCK	SPYV +0.14 points	0.23%	0.37%
Synopsys IncSNPS	SPYV +0.15 points	0.16%	0.31%
Equinix IncEQIX	SPYV +0.14 points	0.19%	0.33%
Us Bancorp DelUSB	SPYV +0.14 points	0.17%	0.31%
American Express CoAXP	FINA +0.13 points	0.31%	0.18%
Adobe IncADBE	SPYV +0.13 points	0.19%	0.32%
Waste Management IncWM	SPYV +0.14 points	0.14%	0.28%
Pnc Financial Services Grp IncPNC	SPYV +0.13 points	0.17%	0.30%
Goldman Sachs Group IncGS	FINA +0.13 points	0.44%	0.31%
Cigna Group (The)CI	SPYV +0.13 points	0.13%	0.26%
AbbVie IncABBV	SPYV +0.11 points	0.79%	0.90%
Csx CorpCSX	SPYV +0.12 points	0.20%	0.32%
Intercontinental Exchange IncICE	SPYV +0.12 points	0.18%	0.30%
Automatic Data Processing IncADP	SPYV +0.11 points	0.26%	0.37%
Blackstone IncBX	SPYV +0.11 points	0.18%	0.29%
Motorola Solutions IncMSI	SPYV +0.12 points	0.15%	0.27%
Regeneron Pharmaceuticals IncREGN	SPYV +0.11 points	0.15%	0.26%
Cintas CorpCTAS	SPYV +0.10 points	0.14%	0.24%
Nike Inc Class BNKE	SPYV +0.10 points	0.05%	0.15%
Emerson Electric CoEMR	SPYV +0.10 points	0.21%	0.31%
3M CoMMM	SPYV +0.10 points	0.20%	0.30%
Northrop Grumman CorpNOC	SPYV +0.09 points	0.15%	0.24%
Te Connectivity PLCTEL	FINA +0.09 points	0.16%	0.07%
Cummins IncCMI	FINA +0.09 points	0.17%	0.08%
Regency Centers Corp ReitREG	FINA +0.10 points	0.14%	0.04%
Honeywell Intl IncHON	SPYV +0.09 points	0.14%	0.23%
Travelers Companies IncTRV	SPYV +0.09 points	0.18%	0.27%
Sherwin Williams CoSHW	SPYV +0.09 points	0.15%	0.25%
T-Mobile Us IncTMUS	SPYV +0.09 points	0.14%	0.23%
American Tower CorpAMT	SPYV +0.09 points	0.19%	0.28%
Bank of New York Mellon CorpBNY	FINA +0.09 points	0.21%	0.12%
Morgan StanleyMS	FINA +0.08 points	0.37%	0.29%
Kimco Realty CorporationKIM	FINA +0.09 points	0.14%	0.05%
Freeport Mcmoran IncFCX	SPYV +0.09 points	0.22%	0.31%
General Motors CoGM	SPYV +0.08 points	0.16%	0.24%
Norfolk Southern CorpNSC	SPYV +0.08 points	0.17%	0.25%
Comcast Corp Class ACMCSA	SPYV +0.09 points	0.17%	0.26%
Target CorpTGT	SPYV +0.08 points	0.14%	0.22%
Mondelez International IncMDLZ	SPYV +0.08 points	0.18%	0.26%
Servicenow IncNOW	FINA +0.08 points	0.22%	0.14%
Arthur J Gallaghar and CoAJG	SPYV +0.08 points	0.14%	0.22%
Workday Inc Class AWDAY	FINA +0.08 points	0.15%	0.07%
Digital Realty Trust IncDLR	SPYV +0.08 points	0.13%	0.21%
Hewlett Packard Enterprise CoHPE	SPYV +0.08 points	0.17%	0.25%
Ppg Industries IncPPG	FINA +0.08 points	0.17%	0.09%
Dover CorpDOV	FINA +0.08 points	0.17%	0.09%
Allstate CorporationALL	SPYV +0.07 points	0.14%	0.21%
Corning IncGLW	FINA +0.08 points	0.18%	0.10%
SempraSRE	SPYV +0.07 points	0.11%	0.18%
Ebay IncEBAY	FINA +0.07 points	0.11%	0.04%
Boston Scientific CorpBSX	FINA +0.07 points	0.14%	0.07%

All FINA holdings⁠All 435 SPYV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FINA vs SPYV Cost

Overpaying FINA vs SPYV

$1,049

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FINA 0.09%
$1,898
SPYV 0.04%
$849

Amount$10,000

Years30 years

Cost over time

FINA 0.09%
SPYV 0.04%
Overpaying

Year by year

Year	FINA	SPYV	Overpaying
10	$165	$73	$92
20	$646	$288	$358
30	$1,898	$849	$1,049

Expense ratio

0.09%FINA
0.04%SPYV, cheaper

SPYV0.04%FINA0.09%

0.03%0.75%

Middle half of Other Major Indexes funds
Median 0.29%

SPYV 2nd cheapest of 42 funds

FINA 7th cheapest of 42 funds

FINA vs SPYV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FINA No data; SPYV 1.65%
Payout (12M): FINA No data; SPYV $1.06
Last payment: FINA $0.04; SPYV $0.27
Ex-dividend: FINA Sep 18, 2026; SPYV Sep 21, 2026
Paid on: FINA Sep 22, 2026; SPYV Sep 23, 2026
Frequency: FINA Irregular; SPYV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FINAIrregular · 1 paymentAll FINA payments⁠

SPYVQuarterly · 39 paymentsAll SPYV payments⁠

FINA vs SPYV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FINA No dataSPYV 11.7%
Return per unit of riskSharpe ratio, 3 years: FINA No dataSPYV 1.17
Worst fallMax drawdown, 5 years: FINA No dataSPYV −17.9%
Market sensitivityBeta, 5 years: FINA 0.00SPYV 0.83; Market = 1

FINA and SPYV in the news

All news⁠

Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026SPYV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026SPYV

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FINA vs SPYV

In short

Stated mandate

Why people hold it

Worth knowing

How FINA and SPYV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FINA

Only in SPYV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

The best value ETF depends on whose list you bought

How FINA and SPYV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FINA

Only in SPYV

Weight gaps