FLRGFidelity US Multifactor ETF
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.
FLRG Summary Data
FLRG Portfolio Data
FLRG Index Data
FLRG Portfolio Management
FLRG Tax Exposures
FLRG Fund Structure
FLRG Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FLRG Economic Development
FLRG Performance Statistics
FLRG MSCI ESG Ratings
FLRG Benchmark Comparison Summary
FLRG Benchmark Comparison Market Cap Size