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 AA based on a score of 8.16 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 78th percentile within its peer group and in the 85th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 01/18/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDLO -1.44% 2.21% -4.36% 19.53% 19.56% 15.72% --
FDLO (NAV) -2.52% 0.47% -5.30% 18.43% 18.09% 15.52% --
Fidelity U.S. Low Volatility Factor Index -2.49% 0.54% -5.28% 18.77% 18.43% 15.81% 15.08%
MSCI USA Large Cap Index -1.36% 1.42% -4.28% 21.66% 22.35% 17.71% 15.88%
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%
$480.35M
$1.68M
0.10%

FDLO Portfolio Data

$424.04B
28.01
5.67
1.16%
N/A
126

FDLO Index Data

Tiered
Multi-Factor
MSCI USA Large Cap Index

FDLO Portfolio Management

0.29%
-0.35%
-0.18%
-0.42%

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 01/19/22
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

32,891
$1.68M
30,307
$1.54M
0.10%
$0.05
0.04%
0.15% / -0.21%
None
100.00%
50,000
0.61
0.02%
0.01%
142
$49.52
5

FDLO Sector/Industry Breakdown


FDLO
Segment Benchmark
29.34%
39.24%
14.51%
7.36%
14.39%
15.39%
13.33%
11.63%
13.24%
12.79%
5.27%
5.52%
2.56%
2.30%
2.52%
1.22%
2.51%
1.70%
2.34%
1.98%

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

0.88
0.81
0.83
0.78
0.29%
MSCI USA Large Cap Index

FDLO MSCI ESG Ratings

8.16 / 10
85.26
78.20
2.45%
--
133.74

FDLO Benchmark Comparison Holdings

126
296
77
40.43%

FDLO Benchmark Comparison Summary


FDLO
Segment Benchmark
126
296
$424.04B
$714.25B
28.01
27.07
5.67
5.09
1.46%
1.27%
Low
Low

FDLO Benchmark Comparison Market Cap Size


FDLO
Segment Benchmark
90.11%
99.97%
9.89%
0.03%
0.00%
0.00%
0.00%
0.00%