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FDLO vs LOWV

Fidelity Low Volatility Factor ETF vs AB US Low Volatility Equity ETF

FDLO

Fidelity Low Volatility Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.4B

LOWV

AB US Low Volatility Equity ETF

AllianceBernstein

Annual cost

0.39%

Fund size

$199M

Key differences

  • FDLO costs 0.24% less per year.
  • FDLO is significantly larger than LOWV — larger funds tend to be more liquid and less likely to close.
  • FDLO follows a index tracking strategy; LOWV uses active selection.
  • Over the last 3 years, LOWV has delivered higher annualized returns.
  • FDLO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDLOLOWV
Annual cost (TER)0.15%0.39%
Fund size (AUM)$1.4B$199M
Since20162023
Dividend yield1.37%0.91%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+17.4%+13.7%
CAGR 3Y+14.7%+16.5%
CAGR 5Y+10.3%N/A
Sharpe 3Y0.981.03
Volatility 1Y8.91%10.56%
Max drawdown-34.35%-13.87%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FDLO and LOWV