FVAL vs USVM: holdings overlap, shared companies and scores

As of September 11, 2026, FVAL and USVM overlap 3.1% by weight. Fidelity Value Factor ETF (FVAL): U.S. value stocks. VictoryShares US Small Mid Cap Value Momentum ETF (USVM): U.S. small-mid value.

Updated September 11, 2026

How much do FVAL and USVM overlap?

As of September 11, 2026, FVAL and USVM overlap 3.1% by weight.

4% of FVAL is already inside USVM.

4% of USVM is already inside FVAL.

FVAL holds 134 companies and USVM holds 288; 9 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score FVAL and USVM?

As of September 11, 2026, ETF Copilot scores FVAL 5.3 out of 10 and USVM 4.3 out of 10.

They differ most on Quality: FVAL 8.4 and USVM 1.6.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

FVAL vs USVM — ETF Copilot factor scores, 0–10
Factor	FVAL	USVM
Growth	1.6	1.3
Valuation	2.1	8.4
Risk	7.4	4.8
Quality	8.4	1.6
Return	7.6	5.9

FVAL is the cheaper of the two at 0.15% a year

As of September 11, 2026, FVAL charges 0.15% a year, yields 1.34% and holds $1.4B in assets across 134 positions.

As of September 11, 2026, USVM charges 0.29% a year, yields 2.28% and holds $1.8B in assets across 288 positions.

FVAL vs USVM — cost, income and size
Measure	FVAL	USVM
Expense ratio	0.15%	0.29%
Dividend yield	1.34%	2.28%
Assets under management	$1.4B	$1.8B
Holdings	134	288

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where FVAL and USVM trade against their own history

FVAL trades at 19.1 times earnings, against its own median of 15.8, and is more expensive than 84% of its own 110 monthly readings since 2017.

USVM trades at 12.2 times earnings, against its own median of 13.8, and is cheaper than 69% of its own 105 monthly readings since 2018.

What moved FVAL and USVM this week

FVAL fell 1.4% in the week to September 11, 2026. The holdings that moved it most were Nvidia (−4.4%), Microsoft (−2.8%) and Adobe Systems (−11.7%); Meta Platforms (+6.1%) pushed the other way.

USVM fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Prestige Brands (−10.7%), Manpowergroup (−8.2%) and Sonoco Products (−9.2%); Academy Sports & Outdoors (+26.7%) pushed the other way.

What do FVAL and USVM each hold?

What's inside FVAL: Tech 42%, Magnificent 7 32%.

43% of FVAL is its ten largest holdings.

What's inside USVM: Tech 9%, Semiconductors 2%.

7% of USVM is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “FVAL vs USVM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fval-vs-usvm