FQAL vs OWN: Grades, Fees and Holdings Compared

Fidelity Quality Factor ETF

FQALANYSE Arca

Corgi Inside Ownership 100 ETF

OWNFCboe

Overlap

28.6%by weight

Expense ratio

FQAL −0.34pt a year

FQAL0.15%OWN0.49%

Avg volume · 30D

FQAL 43.7×the volume

FQAL58.6KOWN1.34K

FQAL vs OWN Performance

Jul 31, 2026 – Oct 30, 2026

+1.7%FQAL−1.1%OWN

Expense ratio: FQAL 0.15%, better; OWN 0.49%
Fund size: FQAL $1.41B; OWN $3M
1Y total return: FQAL +12.2%; OWN No data
Yield (12M): FQAL 1.16%; OWN No data
Holdings: FQAL 138; OWN 101
Avg volume (30D): FQAL 58.6K sh, better; OWN 1.34K sh
NAV per share: FQAL $83.39; OWN $23.94
52W range

ETF.net Grade

Pillar letters and Scores for FQAL, OWN, with each pillar’s weight
Pillar	FQAL	OWN
Cost30% weight	A84Higher	D26
Mission25% weight	A89	Not scored
Risk15% weight	A70Higher	C41
Tradability15% weight	C54Higher	F12
Holdings10% weight	C52Higher	F23
Durability5% weight	A76Higher	F6

Rank among US Quality Index funds

How we build Categories ›

Same Category. FQAL and OWN are both graded against the same 26 US Quality Index funds, so their Grades compare head to head.

US Quality Index⁠

Category · 26 funds

See all 26 ›

FQAL ranks 3rd and OWN 25th of 26 funds in the US Quality Index Category.

Rank 1AJQUAJPMorgan U.S. Quality Factor ETFScore 81
Rank 1AQUALiShares MSCI USA Quality Factor ETFScore 81
Rank 3AFQALFidelity Quality Factor ETFScore 75
Rank 4ASPHQInvesco S&P 500 Quality ETFScore 74
Rank 24DEMOTFirst Trust S&P 500 Economic Moat ETFScore 28
Rank 25FOWNCorgi Inside Ownership 100 ETFScore 24
Rank 26FTPFGTimothy Plan Free Cash Flow Growth ETFScore 19

Our read on each fund

ETF.net Research

FQALAFidelity Quality Factor ETF

OWNFCorgi Inside Ownership 100 ETF

In short

FQAL Fidelity's own quality screen, boxed into an ETF: roughly 130 U.S. companies picked for profitability, steady cash flow and clean balance sheets, at 0.15% a year, well under the typical fee in the quality-factor group.

OWN No data

Stated mandate

FQAL The fund prioritizes U.S. companies exhibiting higher profitability, stable cash flows, and strong balance sheets.

OWN No data

Why people hold it

FQAL Costs 0.15% a year, roughly half the typical fee among quality-factor ETFs. That puts it in the cheapest tier of the group, alongside JQUA, VFQY and QUAL.
The rulebook is Fidelity's own: the Fidelity U.S. Quality Factor Index, tracked tightly. One of the closer index implementations in its peer group.
Live since 2016 and now a multi-billion-dollar fund, so this is a settled product rather than a launch still finding its footing.
The screen is explicit about what it wants: higher profitability, stable cash flows, strong balance sheets. No vague 'quality' hand-waving.

OWN No data

Worth knowing

FQAL Roughly 130 stocks, not the whole market. A narrower bench means individual names and sector tilts carry more weight than in a total-market fund.
Trading volume is light next to the category's biggest quality funds, which can show up as wider bid-ask spreads.
Distributions come quarterly, but the screen hunts profitability and balance-sheet strength, not yield.

OWN No data

Full FQAL profile⁠

Full OWN profile⁠

FQAL vs OWN Holdings

How FQAL and OWN differ

Overlap by weight

28.6%

Shared holdings make up 48.1% of FQAL and 45.3% of OWN.

Level by level

Holdings33 in both28.6%
Sector11 Sectors78.1%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in FQAL and OWN, widest gap first
Sector	More in FQALMore in OWN	FQAL	OWN
Consumer Discretionary	OWN +10.8 points	8.4%	19.2%
Communication	OWN +9.4 points	9.2%	18.6%
Health Care	FQAL +5.0 points	9.8%	4.8%
Industrials	FQAL +4.4 points	9.1%	4.7%
Technology	FQAL +4.3 points	37.9%	33.6%
Energy	FQAL +2.2 points	3.6%	1.4%
Consumer Staples	FQAL +2.0 points	4.3%	2.3%
Utilities	FQAL +1.9 points	1.9%	0.0%
Financials	OWN +1.5 points	11.9%	13.4%
Materials	FQAL +1.3 points	2.0%	0.7%
Real Estate	FQAL +0.7 points	1.9%	1.2%

Country, concentration and asset class

Country by domicile

Country weights in FQAL and OWN, widest gap first
Country	More in FQALMore in OWN	FQAL	OWN
United States	FQAL +0.1 points	99.6%	99.5%
Switzerland	OWN +0.1 points	0.4%	0.5%

Concentration

Weight in the 10 largest Holdings

FQAL38.9%
OWN53.9%

Securities held

FQAL135
OWN101

Asset class

FQAL: Equity
OWN: Equity

Holdings

Only in FQAL102
In both33
Only in OWN68

Only in FQAL

102 securities, 48.3% of FQAL by weight

Visa Inc Class A1.55%
Mastercard Inc Class A1.35%
Johnson & Johnson1.27%
Exxonmobil Holdings Corp1.22%
Cisco Systems Inc1.16%
AbbVie Inc1.11%
Qualcomm Inc1.02%
Applied Materials Inc0.96%
Merck & Co Inc New0.89%
UnitedHealth Group Inc0.85%
Procter & Gamble Co0.80%
Progressive Corp Ohio0.79%
Cme Group Inc Class A0.79%
Home Depot Inc0.77%
Thermo Fisher Scientific Inc0.77%
Adobe Inc0.76%
Seagate Techn Holdings PLC0.75%
Philip Morris Intl Inc0.74%
Verisign Inc0.73%
Gilead Sciences Inc0.72%
Travelers Companies Inc0.70%
Ge Aerospace0.70%
Moodys Corp0.70%
Ge Vernova Inc0.61%
Mcdonalds Corp0.60%
East West Bancorp Inc0.60%
Union Pacific Corp0.58%
Kinsale Capital Group Inc0.57%
Ameriprise Financial Inc0.57%
Mckesson Corp0.56%
Cullen Frost Bankers Inc0.56%
Tjx Companies Inc New0.54%
Popular Inc0.53%
Zions Bancorp0.53%
Axos Financial Inc0.52%
Hasbro Inc0.52%
Automatic Data Processing Inc0.50%
Bristol-Myers Squibb Co0.50%
Lowes Cos Inc0.50%
Altria Group Inc0.48%
Fair Isaac Corp0.48%
Mettler-Toledo Intl Inc0.47%
Conocophillips0.45%
Yum Brands Inc0.45%
O'reilly Automotive Inc0.45%
Parker Hannifin Corp0.45%
Illinois Tool Works Inc0.44%
3M Co0.44%
Linde PLC0.43%
Fastenal Co0.43%

Only in OWN

68 securities, 54.7% of OWN by weight

Amazon.com Inc8.45%
Tesla Inc5.83%
Berkshire Hathaway Inc4.86%
Oracle Corp2.15%
Dell Technologies Inc1.43%
Danaher Corp1.16%
Blackstone Inc1.10%
First American Government Obligations Fund 12/01/20311.09%
Charles Schwab Corp/The1.06%
Salesforce Inc1.03%
Stryker Corp0.91%
Uber Technologies Inc0.84%
Regeneron Pharmaceuticals Inc0.83%
Arista Networks Inc0.81%
Royal Caribbean Cruises Ltd0.78%
KKR & Co Inc0.75%
Moderna Inc0.71%
DoorDash Inc0.70%
Kinder Morgan Inc0.66%
Datadog Inc0.66%
Blackrock Inc0.65%
Apollo Global Management Inc0.62%
Robinhood Markets Inc0.59%
Palo Alto Networks Inc0.57%
Advanced Micro Devices Inc0.56%
Veeva Systems Inc0.54%
Amphenol Corp0.54%
Intuit Inc0.52%
Carvana Co0.50%
Workday Inc0.48%
Block Inc0.48%
Carrier Global Corp0.48%
Ares Management Corp0.47%
Estee Lauder Cos Inc/The0.46%
Carnival Corp Ltd0.46%
TransDigm Group Inc0.44%
Monolithic Power Systems Inc0.43%
Everpure Inc0.42%
Old Dominion Freight Line Inc0.41%
Steel Dynamics Inc0.40%
Expedia Group Inc0.39%
Texas Instruments Inc0.37%
Copart Inc0.36%
TKO Group Holdings Inc0.36%
Axon Enterprise Inc0.36%
HCA Healthcare Inc0.35%
Dollar Tree Inc0.35%
Goldman Sachs Group Inc/The0.35%
Coinbase Global Inc0.33%
General Dynamics Corp0.33%

Weight gaps

All 33 Holdings in both funds, largest gap first.

Holding weights in FQAL and OWN, widest gap first
Holding	More in FQALMore in OWN	FQAL	OWN
Apple IncAAPL	FQAL +7.01 points	7.57%	0.56%
Microsoft CorpMSFT	FQAL +5.65 points	5.95%	0.30%
Alphabet Inc Class AGOOGL	OWN +5.61 points	3.81%	9.42%
NVIDIA CorpNVDA	OWN +3.91 points	7.54%	11.45%
Meta Platforms Inc Class AMETA	OWN +3.13 points	2.03%	5.16%
Micron Technology IncMU	FQAL +1.66 points	2.11%	0.45%
Eli Lilly & CoLLY	FQAL +1.39 points	1.86%	0.47%
JPMorgan Chase & CoJPM	FQAL +1.13 points	1.78%	0.65%
Palantir Technologies IncPLTR	OWN +0.88 points	1.43%	2.31%
Lam Research CorpLRCX	FQAL +0.71 points	0.95%	0.24%
Simon Ppty Group Inc - ReitSPG	OWN +0.46 points	0.19%	0.65%
Public StoragePSA	OWN +0.43 points	0.15%	0.58%
Caterpillar IncCAT	FQAL +0.42 points	0.64%	0.22%
Amgen IncAMGN	FQAL +0.41 points	0.74%	0.33%
Applovin CorpAPP	OWN +0.40 points	0.20%	0.60%
Airbnb Inc Class AABNB	OWN +0.35 points	0.50%	0.85%
Marriott International Inc AMAR	OWN +0.33 points	0.54%	0.87%
Msci IncMSCI	FQAL +0.31 points	0.70%	0.39%
Monster Beverage CorpMNST	OWN +0.31 points	0.36%	0.67%
Cintas CorpCTAS	OWN +0.29 points	0.48%	0.77%
Chevron CorpCVX	FQAL +0.25 points	0.78%	0.53%
Ww Grainger IncGWW	OWN +0.16 points	0.45%	0.61%
Vertiv Holdings CoVRT	FQAL +0.16 points	0.42%	0.26%
Coca Cola CoKO	FQAL +0.14 points	0.80%	0.66%
Netflix IncNFLX	OWN +0.11 points	0.48%	0.59%
Broadcom IncAVGO	OWN +0.12 points	2.71%	2.83%
Texas Pacific Land CorpTPL	OWN +0.11 points	0.18%	0.29%
Ross Stores IncROST	FQAL +0.10 points	0.44%	0.34%
Garmin LtdGRMN	OWN +0.09 points	0.41%	0.50%
Autozone IncAZO	FQAL +0.06 points	0.44%	0.38%
Hilton Worldwide Holdings IncHLT	FQAL +0.05 points	0.53%	0.48%
Reddit Inc ARDDT	OWN +0.03 points	0.17%	0.20%
Fortinet IncFTNT	Same weight	0.70%	0.70%

All 130 FQAL holdings⁠All OWN 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.

FQAL vs OWN Cost

Overpaying OWN vs FQAL

$6,655

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

FQAL 0.15%
$3,137
OWN 0.49%
$9,792

Amount$10,000

Years30 years

Cost over time

FQAL 0.15%
OWN 0.49%
Overpaying

Year by year

Year	FQAL	OWN	Overpaying
10	$274	$883	$609
20	$1,071	$3,394	$2,323
30	$3,137	$9,792	$6,655

Expense ratio

0.15%FQAL, cheaper
0.49%OWN

FQAL0.15%OWN0.49%

0.12%0.60%

Middle half of US Quality Index funds
Median 0.39%

FQAL 3rd cheapest of 26 funds

OWN 17th cheapest of 26 funds

FQAL vs OWN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FQAL 1.16%; OWN No data
Payout (12M): FQAL $0.97; OWN None
Last payment: FQAL $0.24; OWN No data
Ex-dividend: FQAL Sep 18, 2026; OWN No data
Paid on: FQAL Sep 22, 2026; OWN No data
Frequency: FQAL Quarterly; OWN No data

Distribution history

Per share, 2017 to 2026, same scale for both

FQALQuarterly · 39 paymentsAll FQAL payments⁠

OWNAll OWN payments⁠

No distribution history available.

FQAL vs OWN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FQAL 11.0%OWN No data
Return per unit of riskSharpe ratio, 3 years: FQAL 1.45OWN No data
Worst fallMax drawdown, 5 years: FQAL −25.5%OWN No data
Market sensitivityBeta, 5 years: FQAL 0.95OWN 1.46; Market = 1

FQAL and OWN in the news

All news⁠

Category Review
Cash-flow quality returned 42% while QUAL returned 17%
Updated Sep 22, 2026FQAL

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FQAL vs OWN

In short

Stated mandate

Why people hold it

Worth knowing

How FQAL and OWN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FQAL

Only in OWN

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Cash-flow quality returned 42% while QUAL returned 17%

How FQAL and OWN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FQAL

Only in OWN

Weight gaps