Fidelity Quality Factor ETF (FQAL)

quality-factor smart-beta quarterly-dividends

This ETF focuses on high-quality stocks within the U.S. equity market. It selects companies based on metrics such as free cash flow margin and return on invested capital. The fund may appeal to investors seeking exposure to potentially stable, well-managed companies. Its quality-factor approach aims to provide a degree of downside protection while capturing market upside.