FLRGFidelity U.S. Multifactor ETF

Grow my money5y track recordRanked #682 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity U.S. Multifactor Index.

By Fidelity Investments · Launched 2020

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$292M

#1,961 of 5,562 · mid-size

Return (1Y)Goal

+18.3%

Track Record

5 years

#2,180 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,851+18.5%

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

Multifactor

Index tracked

Fidelity US Multifactor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 36.4% of fund✓ well diversified

NVIDIA CORP

7.4%

APPLE INC

6.3%

ALPHABET INC

5.7%

MICROSOFT CORP

5.1%

BROADCOM INC

2.6%

META PLATFORMS INC

2.5%

NEWMONT CORP

1.9%

JOHNSON and JOHNSON

1.9%

VISA INC

1.5%

ABBVIE INC

1.5%

Asset allocation

Stocks

99.9%

Cash

0.3%

By sector

Technology

38.8%

Financial Services

11.4%

Communication

9.9%

Consumer Cyclical

9.5%

Healthcare

9.1%

Industrials

7.3%

Consumer Defensive

4.5%

Energy

4.3%

Other

5.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

10.5%Moderate

Year-on-year price swings

Max drawdown

-19.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.05Strong risk-adjusted returns

Sortino (3Y)

1.53Good 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. Multifactor Index.
Strategy: Invests primarily in securities included in the Fidelity U.S. Multifactor Index, which reflects large and mid-cap U.S. companies with attractive valuations, high quality, positive momentum, and lower volatility. Stocks are weighted by market cap with an overweight adjustment.
Inception date: September 15, 2020
Fund family: Fidelity Investments