FLRG

Fidelity US Multifactor ETF
*Unless otherwise stated, data provided by FactSet.

FLRG Fund Description

FLRG tracks an index large-cap US stocks selected by four factors - value, quality, low volatility, and momentum.

FLRG Factset Analytics Insight

FLRG provides exposure to large US companies from all sectors. The index starts with the top 1000 US companies by market cap. A composite score using multiple measures of the four factors are used to select and rank stocks. The objective of these ratings and rankings is to select high quality stocks, exhibiting positive momentum, trading at attractive valuations, and lower volatility than the broader market. The final selection for index inclusion will be approximately 100 stocks, based on market cap within each sector. Each stock is market cap weighted to reflect the sectors in the broad universe and undergoes and equal-overweight adjustment depending on its sector. The index is rebalanced semi-annually, in February and August.

FLRG MSCI ESG Analytics Insight

Fidelity US Multifactor ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.61 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 US Multifactor ETF ranks in the 34th percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLRG 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 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLRG 3.62% 4.05% 22.66% 31.41% -- -- --
FLRG (NAV) 3.64% 3.53% 22.76% -- -- -- --
Fidelity U.S. Multifactor Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 4.38% 4.48% 21.84% 33.70% 21.03% 19.21% 16.60%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLRG Summary Data

Fidelity
09/15/20
Open-Ended Fund
0.29%
$12.93M
$98.57K
0.13%

FLRG Portfolio Data

$456.99B
17.77
4.43
2.18%
12/17/21
101

FLRG Index Data

Fidelity U.S. Multifactor Index
Tiered
Multi-Factor
MSCI USA Large Cap Index

FLRG Portfolio Management

0.29%
--
--
--

FLRG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FLRG Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
High
Daily

FLRG Factset Analytics Block Liquidity

As of 10/22/21
5
4
3
2
1

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

FLRG Tradability

3,879
$98.57K
3,046
$76.71K
0.13%
$0.03
0.01%
0.79% / -0.30%
None
99.00%
1,000,000
0.00
0.00%
0.14%
0
$25.97
5

FLRG Sector/Industry Breakdown


FLRG
Segment Benchmark
32.48%
38.43%
16.20%
14.61%
12.61%
13.41%
12.34%
11.96%
10.45%
7.84%
6.21%
5.87%
2.74%
1.78%
2.39%
2.14%
2.21%
2.04%
1.14%
1.44%

FLRG Top 10 Holdings[View All]

Apple Inc. 5.81%
26.87%

FLRG Countries


FLRG
Segment Benchmark
100.00%
99.90%
--
0.10%

FLRG Regions


FLRG
Segment Benchmark
100.00%
100.00%

FLRG Economic Development


FLRG
Segment Benchmark
100.00%
100.00%

FLRG Performance Statistics

0.93
0.90
0.89
0.86
0.22%
MSCI USA Large Cap Index

FLRG MSCI ESG Ratings

5.61 / 10
15.37
33.98
4.33%
--
146.01

FLRG Benchmark Comparison Holdings

101
291
59
37.77%

FLRG Benchmark Comparison Summary


FLRG
Segment Benchmark
101
291
$456.99B
$656.83B
17.77
29.41
4.43
5.17
1.57%
1.27%
Low
Low

FLRG Benchmark Comparison Market Cap Size


FLRG
Segment Benchmark
82.19%
100.00%
17.81%
0.00%
0.00%
0.00%
0.00%
0.00%