FDLOFidelity Low Volatility Factor ETF
Seeks 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%
#612 of 5,861 · low cost
Fund Size
$1.4B
#956 of 5,861 · large
Return (1Y)Goal
+14.8%
Track Record
9 years
#1,436 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,551+15.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Factor
Low volatility
Index tracked
Fidelity US Low Volatility Factor Index
What it actually holds
By weightConcentration
Top 10 holdings = 38.0% of fund✓ well diversified
APPLE INC
7.3%
ALPHABET INC
6.9%
MICROSOFT CORP
5.8%
BROADCOM INC
4.5%
AMAZON.COM INC
4.5%
Fidelity Revere Street Trust
2.0%
CISCO SYSTEMS INC
1.8%
TEXAS INSTRUMENTS INC.
1.8%
BERKSHIRE HATHAWAY INC DEL
1.7%
JPMORGAN CHASE and CO
1.7%
Asset allocation
Stocks
99.8%
Cash
2.7%
By sector
Technology
33.2%
Financial Services
13.1%
Healthcare
10.6%
Communication
10.1%
Consumer Cyclical
10.0%
Industrials
8.7%
Consumer Defensive
4.7%
Energy
3.1%
Other
6.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
9.1%Low
Year-on-year price swings
Max drawdown
-34.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.88Decent risk-adjusted returns
Sortino (3Y)
1.27Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks 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 large and mid-cap U.S. companies with lower volatility than the broader market. Stocks are selected based on a composite score of volatility measures, with sector neutral-weighting and market capitalization adjustments.
- Inception date
- September 12, 2016
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04