
The Fidelity International Value Factor ETF (FIVA) provides investors with low-cost exposure to developed markets outside the US, focusing on large and mega-cap stocks with a European bias. Since 2018, FIVA has outperformed the ex-US benchmark IDEV, although its recent performance has lagged behind some competitors like DFIV and IVLU. This ETF suits investors seeking international diversification with a value investment style. The article also highlights ongoing analysis and portfolio updates supporting international diversification in the latter half of 2026.