FIVA vs VDV: Grades, Fees and Holdings Compared

Fidelity International Value Factor ETF

FIVABNYSE Arca

Vanguard Developed Markets Ex-US Value Index ETF

VDVBCboe

Overlap

30.8%by weight

Expense ratio

VDV −0.10pt a year

FIVA0.18%VDV0.08%

Avg volume · 30D

FIVA 10.5×the volume

FIVA82.5KVDV7.89K

FIVA vs VDV Performance

Jul 31, 2026 – Oct 30, 2026

−2.1%FIVA−0.5%VDV

Expense ratio: FIVA 0.18%; VDV 0.08%, better
Fund size: FIVA $630M; VDV $46M
1Y total return: FIVA +23.6%; VDV No data
Yield (12M): FIVA 2.84%; VDV No data
Holdings: FIVA 126; VDV 753
Avg volume (30D): FIVA 82.5K sh, better; VDV 7.89K sh
NAV per share: FIVA $38.07; VDV $76.23
52W range

ETF.net Grade

Pillar letters and Scores for FIVA, VDV, with each pillar’s weight
Pillar	FIVA	VDV
Cost30% weight	A80	A97Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C54	B57Higher
Tradability15% weight	D38Higher	F11
Holdings10% weight	B64	A77Higher
Durability5% weight	C47Higher	D25

Rank among International Value Index funds

How we build Categories ›

Same Category. FIVA and VDV are both graded against the same 12 International Value Index funds, so their Grades compare head to head.

International Value Index⁠

Category · 12 funds

See all 12 ›

VDV ranks 4th and FIVA 6th of 12 funds in the International Value Index Category.

Rank 1ADFIVDimensional International Value ETFScore 75
Rank 2AEFViShares MSCI EAFE Value ETFScore 73
Rank 3BEWJViShares MSCI Japan Value ETFScore 65
Rank 4BVDVVanguard Developed Markets Ex-US Value Index ETFScore 64
Rank 5BISVLiShares International Developed Small Cap Value Factor ETFScore 63
Rank 6BFIVAFidelity International Value Factor ETFScore 61
Rank 7BDISVDimensional International Small Cap Value ETFScore 60

Our read on each fund

ETF.net Research

FIVABFidelity International Value Factor ETF

VDVBVanguard Developed Markets Ex-US Value Index ETF

In short

FIVA Value investing, passported. FIVA runs Fidelity's own rules-based value screen across international stocks and charges 0.18% a year to do it, well under what most of its peer group asks.

VDV No data

Stated mandate

FIVA The fund seeks investment returns that generally track the Fidelity International Value Factor Index before fees and expenses.

VDV No data

Why people hold it

FIVA 0.18% a year undercuts most of the international value shelf, including heavyweights like EFV and DFIV.
Exposure comes from a published rulebook, the Fidelity International Value Factor Index, not a manager's judgment call. Roughly 120 stocks, so the value tilt is a real one.fidelity.com
Rates among the stronger implementations in its international value peer group.
Live since 2018 and pays quarterly, with a full market cycle of record behind it.

VDV No data

Worth knowing

FIVA A value screen buys what looks cheap and passes on the pricey growth names, so results can wander well away from a plain international index in either direction.
Mid-sized and moderately traded rather than a giant. Spreads can widen, so limit orders earn their keep on bigger tickets.
The yardstick is Fidelity's in-house index, not a widely quoted MSCI or FTSE value benchmark, which makes apples-to-apples peer comparison a little more work.

VDV No data

Full FIVA profile⁠

Full VDV profile⁠

FIVA vs VDV Holdings

How FIVA and VDV differ

Overlap by weight

30.8%

Shared holdings make up 69.2% of FIVA and 31.8% of VDV.

Level by level

Holdings74 in both30.8%
Countryby domicile84.7%
Asset classEquity100%

Sector

No Sector split for VDV.

Country, concentration and asset class

Country by domicile

Country weights in FIVA and VDV, widest gap first
Country	More in FIVAMore in VDV	FIVA	VDV
South Korea	VDV +9.8 points	0.0%	9.8%
United Kingdom	FIVA +3.2 points	13.3%	10.1%
Germany	FIVA +2.2 points	8.4%	6.2%
Hong Kong	FIVA +1.8 points	3.5%	1.7%
Denmark	FIVA +1.7 points	2.7%	1.0%
France	FIVA +1.6 points	8.4%	6.8%
Canada	FIVA +1.4 points	13.0%	11.6%
Netherlands	FIVA +1.4 points	4.3%	2.9%
Other countries (17)	VDV +3.4 points	46.4%	49.8%

Outside the US: FIVA 98% developed, 2% emerging. VDV 89% developed, 11% emerging.

Concentration

Weight in the 10 largest Holdings

FIVA16.3%
VDV15.4%

Securities held

FIVA114
VDV739

Asset class

FIVA: Equity
VDV: Equity

Holdings

Only in FIVA40
In both74
Only in VDV665

Only in FIVA

40 securities, 30.5% of FIVA by weight

Asml Holding NV2.70%
Mitsubishi Ufj Finl Grp Inc1.73%
Cgi Inc Class A Sub Vtg1.38%
Macquarie Group Ltd1.23%
Sap SE1.20%
Natwest Group PLC1.08%
Barclays PLC Ord1.06%
Rolls-Royce Holdings PLC1.03%
Teleperformance1.00%
Kioxia Holdings Corporation0.98%
Nordea Bank Abp0.97%
Abb Ltd (Reg) (Swit)0.93%
Prosus NV0.92%
Buzzi Spa0.91%
3I Group PLC0.91%
Lufthansa AG (Regd)0.87%
Central Japan Railway Co0.85%
Kinross Gold Corp0.82%
Galaxy Ent Group Ltd0.82%
Tui AG0.80%
Unicredit Spa0.79%
Bank Leumi Le-Israel Bm0.78%
Novo-Nordisk As Class B0.76%
Eiffage SA (Form Fougerolle)0.72%
Hong Kong Exchs & Clearing Ltd0.71%
Kingfisher PLC0.67%
Onex Corp Sub-Vtg0.63%
International Cons Airlns Cdi0.59%
Infineon Technologies AG0.52%
Unibail-Rodamco-Westfield0.51%
Carrefour SA (Supermarche)0.46%
Northland Power Inc0.40%
Fresenius Medical Care AG0.37%
Rogers Comm Inc Class B Non Vtg0.30%
Ils Spot Cc0.07%
Firstservice Corp0.04%
Ust Bills 0% 11/12/260.01%
Israel Sheckel<0.01%
Danish Kronen0.00%
European Monetary Unit (Euro)0.00%

Only in VDV

665 securities, 68.1% of VDV by weight

Samsung Electronics Co Ltd4.14%
Allianz SE1.41%
British American Tobacco PLC0.93%
Samsung Electronics-Pref0.89%
Enbridge Inc0.81%
Zurich Insurance Group AG0.80%
ING Groep NV0.80%
Canadian Natural Resources Ltd0.76%
Hitachi Ltd0.61%
Brookfield Corp0.61%
Panasonic Holdings Corp0.55%
Glencore PLC0.54%
Bank of Montreal0.52%
TC Energy Corp0.47%
Siemens Energy AG0.46%
Takeda Pharmaceutical Co Ltd0.46%
Nintendo Co Ltd0.46%
Nebius Group NV0.44%
Nokia Oyj0.43%
Basf SE0.40%
Swiss Re AG0.39%
Generali0.39%
Westpac Banking Corp0.38%
Eni SpA0.38%
Murata Manufacturing Co Ltd0.38%
Mitsui & Co Ltd0.38%
Japan Tobacco Inc0.38%
Diageo PLC0.38%
Canadian Imperial Bank of Commerce0.37%
Oversea-Chinese Banking Corp Ltd0.37%
Air Liquide SA0.36%
SoftBank Corp0.34%
Sun Life Financial Inc0.34%
ANZ Group Holdings Ltd0.34%
Woodside Energy Group Ltd0.33%
ORIX Corp0.33%
Honda Motor Co Ltd0.32%
KB Financial Group Inc0.32%
Holcim AG0.31%
Japan Post Bank Co Ltd0.31%
Tesco PLC0.31%
Anglo American PLC0.29%
Repsol SA0.29%
Vinci SA0.29%
Danske Bank A/S0.28%
Nordea Bank Abp0.28%
Shinhan Financial Group Co Ltd0.27%
Hyundai Motor Co0.26%
Nutrien Ltd0.26%
Power Corp of Canada0.26%

Weight gaps

All 74 Holdings in both funds, largest gap first.

Holding weights in FIVA and VDV, widest gap first
Holding	More in FIVAMore in VDV	FIVA	VDV
Shionogi & Co Ltd	FIVA +1.20 points	1.26%	0.06%
Qbe Insurance Group Ltd	FIVA +1.11 points	1.22%	0.11%
Canadian Natl Railway Co	FIVA +1.05 points	1.26%	0.21%
Ricoh Co Ltd	FIVA +1.02 points	1.07%	0.05%
A P Moller - Maersk A/S B	FIVA +0.96 points	1.05%	0.09%
Volvo Ab Ser B	FIVA +0.95 points	1.16%	0.20%
Cenovus Energy Inc	FIVA +0.91 points	1.11%	0.20%
Kddi Corp	FIVA +0.90 points	1.34%	0.44%
Daimler Truck Holding AG	FIVA +0.86 points	0.94%	0.08%
Yara International Asa	FIVA +0.85 points	0.91%	0.06%
Itochu Corp	FIVA +0.85 points	1.26%	0.41%
Canon Inc	FIVA +0.83 points	1.02%	0.19%
Vestas Wind Systems As	FIVA +0.80 points	0.87%	0.07%
Sompo Holdings Inc	FIVA +0.80 points	0.93%	0.13%
Shin-Etsu Chemical Co Ltd	FIVA +0.79 points	1.06%	0.27%
MS&AD Insurance Grp Hldgs Inc	FIVA +0.79 points	0.99%	0.20%
Suncor Energy Inc	FIVA +0.78 points	1.40%	0.62%
Toronto-Dominion Bank	FIVA +0.77 points	1.49%	0.72%
Roche Holding AG	FIVA +0.76 points	1.71%	0.95%
Seven & I Holdings Co Ltd	FIVA +0.73 points	0.94%	0.21%
Sumitomo Corp	FIVA +0.73 points	0.96%	0.23%
Sbi Holdings Inc	FIVA +0.73 points	0.78%	0.05%
Unilever PLC OrdULVR.L	FIVA +0.71 points	1.09%	0.38%
Renesas Electronics Corp	FIVA +0.70 points	0.84%	0.14%
Agc Inc	FIVA +0.69 points	0.75%	0.06%
Fairfax Finl Hldgs Ltd Sub Vtg	FIVA +0.68 points	0.83%	0.15%
Barrick Mining Corp	FIVA +0.68 points	1.05%	0.37%
Novartis AG (Reg)	FIVA +0.67 points	1.46%	0.79%
Mercedes-Benz Group AG (Gerw)	FIVA +0.64 points	0.89%	0.25%
Israel Discount Bank Ltd Class A	FIVA +0.63 points	0.74%	0.11%
Deutsche Bank AG (Gerw)	FIVA +0.64 points	0.89%	0.25%
Marubeni Corp	FIVA +0.57 points	0.97%	0.40%
Banco Santander SA (Spain)	FIVA +0.55 points	1.19%	0.64%
Iberdrola SA	FIVA +0.54 points	1.11%	0.57%
Suzuki Motor Corp	FIVA +0.54 points	0.66%	0.12%
St Gobain Cie De	FIVA +0.54 points	0.81%	0.27%
Sony Group Corp	FIVA +0.53 points	1.15%	0.62%
Sekisui House Ltd	FIVA +0.48 points	0.58%	0.11%
Wilmar International Ltd	FIVA +0.46 points	0.52%	0.06%
Credit Agricole SA	FIVA +0.46 points	0.60%	0.14%
Imperial Brands PLCIMB.L	FIVA +0.43 points	0.63%	0.20%
Ck Hutchison Holdings Ltd	FIVA +0.44 points	0.63%	0.19%
Kansai Electric Power Co Inc	FIVA +0.44 points	0.58%	0.14%
Inpex Corp	FIVA +0.44 points	0.53%	0.09%
Shell PLCSHEL.L	FIVA +0.43 points	1.48%	1.05%
Munich Reinsurance (Reg)	FIVA +0.42 points	0.98%	0.56%
Daiwa House Industry Co Ltd	FIVA +0.42 points	0.55%	0.13%
Manulife Financial Corp (Cana)	FIVA +0.40 points	0.96%	0.56%
Gsk PLCGSK.L	FIVA +0.40 points	0.69%	0.29%
Koninklijke Ahold Delhaize NV	FIVA +0.38 points	0.63%	0.25%
Vodafone Group PLCVOD.L	FIVA +0.38 points	0.62%	0.24%
Aia Group Ltd	FIVA +0.35 points	0.91%	0.56%
Mitsubishi Corp	FIVA +0.34 points	1.22%	0.88%
Axa SA	FIVA +0.34 points	0.94%	0.60%
Nestle SA (Reg)	VDV +0.32 points	1.51%	1.83%
Rio Tinto PLC (Regd)RIO.L	FIVA +0.32 points	1.10%	0.78%
Totalenergies SE	VDV +0.32 points	1.05%	1.37%
Nice Ltd	FIVA +0.30 points	0.33%	0.03%
Astrazeneca PLC (Uk)AZN.L	FIVA +0.29 points	1.40%	1.11%
Toyota Motor Corp	VDV +0.28 points	1.42%	1.70%
Bank of Nova Scotia	FIVA +0.28 points	1.15%	0.87%
Societe Generale SA Class A	FIVA +0.26 points	0.67%	0.41%
National Grid PLCNG.L	FIVA +0.26 points	0.86%	0.60%
Sun Hung Kai Properties Ltd	FIVA +0.22 points	0.33%	0.11%
Intesa Sanpaolo Spa	FIVA +0.20 points	0.70%	0.50%
Ericsson (Lm) Tele Co Class B	FIVA +0.20 points	0.40%	0.20%
Enel Spa	FIVA +0.18 points	0.76%	0.58%
Bhp Group Limited	FIVA +0.13 points	1.07%	0.94%
Rio Tinto Ltd	FIVA +0.10 points	0.43%	0.33%
Csl Limited	FIVA +0.07 points	0.55%	0.48%
Bp PLCBP.L	VDV +0.07 points	0.83%	0.90%
Bnp Paribas (Fran)	FIVA +0.05 points	0.88%	0.83%
Sanofi	VDV +0.01 points	0.69%	0.70%
Deutsche Telekom AG (Regd)	FIVA +0.01 points	0.80%	0.79%

All 125 FIVA holdings⁠All VDV 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.

FIVA vs VDV Cost

Overpaying FIVA vs VDV

$2,060

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

FIVA 0.18%
$3,749
VDV 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

FIVA 0.18%
VDV 0.08%
Overpaying

Year by year

Year	FIVA	VDV	Overpaying
10	$328	$147	$181
20	$1,281	$575	$706
30	$3,749	$1,689	$2,060

Expense ratio

0.18%FIVA
0.08%VDV, cheaper

VDV0.08%FIVA0.18%

0.08%0.65%

Middle half of International Value Index funds
Median 0.31%

VDV cheapest of 12 funds

FIVA 3rd cheapest of 12 funds

FIVA vs VDV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FIVA 2.84%; VDV No data
Payout (12M): FIVA $1.08; VDV No data
Last payment: FIVA $0.24; VDV $0.49
Ex-dividend: FIVA Sep 18, 2026; VDV Sep 18, 2026
Paid on: FIVA Sep 22, 2026; VDV Sep 22, 2026
Frequency: FIVA Quarterly; VDV Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

FIVAQuarterly · 35 paymentsAll FIVA payments⁠

VDVQuarterly · 2 paymentsAll VDV payments⁠

FIVA vs VDV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FIVA 11.8%VDV No data
Return per unit of riskSharpe ratio, 3 years: FIVA 1.52VDV No data
Worst fallMax drawdown, 5 years: FIVA −28.7%VDV No data
Market sensitivityBeta, 5 years: FIVA 0.89VDV 0.77; Market = 1

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