FDLO

Fidelity Low Volatility Factor ETF
*Unless otherwise stated, data provided by FactSet.

FDLO Fund Description

FDLO tracks an index of large- and midcap US stocks selected for low volatility of returns and earnings.

FDLO Factset Analytics Insight

FDLO hunts among the 1,000 largest US stocks for those with low volatility of returns and earnings. Potential holdings are screened using a scoring system based on three metrics: low volatility of returns, low beta, and low earnings volatility. Factor scores are also scaled by market cap. The portfolio is weighted so that sector exposure reflects the neutral market, with holdings within sectors weighted by a combination of market cap and factor score. The fund is rebalanced twice annually.

FDLO MSCI ESG Analytics Insight

Fidelity Low Volatility Factor ETF has an MSCI ESG Fund Rating of A based on a score of 6.16 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Low Volatility Factor ETF ranks in the 52nd percentile within its peer group and in the 64th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FDLO MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 07/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDLO 4.10% 6.25% 15.40% 31.25% 16.38% -- --
FDLO (NAV) 3.94% 6.21% 15.01% 30.53% 16.56% -- --
Fidelity U.S. Low Volatility Factor Index 3.97% 6.29% 15.19% 30.89% 16.78% 15.87% 15.19%
MSCI USA Large Cap Index 3.37% 6.20% 17.87% 38.49% 19.38% 18.32% 15.69%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDLO Summary Data

Fidelity
09/12/16
Open-Ended Fund
0.29%
$509.29M
$3.12M
0.08%

FDLO Portfolio Data

$443.07B
30.13
5.70
1.16%
09/17/21
124

FDLO Index Data

Tiered
Multi-Factor
MSCI USA Large Cap Index

FDLO Portfolio Management

0.29%
-0.29%
-0.27%
-0.45%

FDLO Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FDLO Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

FDLO Factset Analytics Block Liquidity

As of 07/28/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FDLO. FDLO is rated a 5 out of 5.

FDLO Tradability

65,719
$3.12M
42,185
$1.96M
0.08%
$0.04
0.04%
0.15% / -0.18%
None
100.00%
50,000
0.84
0.02%
0.01%
17
$48.87
5

FDLO Sector/Industry Breakdown


FDLO
Segment Benchmark
29.99%
35.75%
15.36%
14.48%
13.40%
13.20%
13.34%
12.96%
12.02%
8.91%
5.18%
6.22%
3.14%
1.64%
2.71%
2.07%
2.53%
2.52%
2.33%
2.16%

FDLO Top 10 Holdings[View All]

Apple Inc. 6.30%
Adobe Inc. 1.53%
29.85%

FDLO Countries


FDLO
Segment Benchmark
100.00%
99.90%
--
0.10%

FDLO Regions


FDLO
Segment Benchmark
100.00%
100.00%

FDLO Economic Development


FDLO
Segment Benchmark
100.00%
100.00%

FDLO Performance Statistics

0.90
0.80
0.81
0.78
0.30%
MSCI USA Large Cap Index

FDLO MSCI ESG Ratings

6.16 / 10
64.38
51.71
2.79%
5.33%
127.58

FDLO Benchmark Comparison Holdings

124
291
85
48.34%

FDLO Benchmark Comparison Summary


FDLO
Segment Benchmark
124
291
$443.07B
$529.51B
30.13
32.61
5.70
4.89
1.49%
1.35%
Low
Low

FDLO Benchmark Comparison Market Cap Size


FDLO
Segment Benchmark
90.88%
100.00%
9.12%
0.00%
0.00%
0.00%
0.00%
0.00%