FDLOFidelity Low Volatility Factor ETF

Grow my money9y track recordRanked #333 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity U.S. Low Volatility Factor Index.

By Fidelity Investments · Launched 2016

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$1.4B

#916 of 5,562 · large

Return (1Y)Goal

+13.1%

Track Record

9 years

#1,462 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,161+11.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Low volatility

Index tracked

Fidelity US Low Volatility Factor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 36.9% of fund✓ well diversified

APPLE INC

7.4%

ALPHABET INC

6.0%

MICROSOFT CORP

5.9%

AMAZON.COM INC

3.9%

BROADCOM INC

3.7%

META PLATFORMS INC

2.7%

ELI LILLY and CO

1.9%

BERKSHIRE HATHAWAY INC DEL

1.8%

JPMORGAN CHASE and CO

1.8%

IBM CORPORATION

1.8%

Asset allocation

Stocks

99.7%

Cash

1.4%

By sector

Technology

35.5%

Financial Services

12.1%

Communication

10.6%

Consumer Cyclical

10.1%

Healthcare

9.6%

Industrials

8.3%

Consumer Defensive

4.6%

Energy

3.2%

Other

6.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.8%Low

Year-on-year price swings

Max drawdown

-34.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.87Decent risk-adjusted returns

Sortino (3Y)

1.25Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity U.S. Low Volatility Factor Index.
Strategy: Invests primarily in securities included in the Fidelity U.S. Low Volatility Factor Index, which reflects stocks of large and mid-cap U.S. companies with lower volatility than the broader market. Stocks are weighted based on market capitalization and volatility measures.
Inception date: September 12, 2016
Fund family: Fidelity Investments