Fund Description |
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market. |
Fund Profile |
Fund Name |
Fidelity Low Volatility Factor ETF |
Fund Exchange Ticker |
FDLO |
Fund Sponsor |
Fidelity |
Fund ISIN |
US3160928244 |
Net Expense Ratio |
0.29 % |
Fund Inception Date |
12 September 2016 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Factor & Thematic |
Asset Class |
Equities (Stocks) |
Index Linked |
Passive |
Index Name |
Fidelity U.S. Low Volatility Factor Index |
Index Provider |
Fidelity |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Market Capitalization Range |
Large & Mid Cap |
Growth Value |
Core / Blend |
Continent |
North America |
Key Statistics |
Return As of Date |
21 January 2021 |
Asset Under Management |
399.08 Million (USD) |
1 Month Total Return |
1.28 % |
Year To Date Return |
0.62 % |
1 Year Total Return |
9.02 % |
3 Year Annualized Total Return |
12.41 % |
NAV |
42.9119 |
Share Outstanding |
9,300,000 |
Top 10 Holdings (20 January 2021) |
Constituent Name |
Constituent Ticker |
Constituent Type |
Weighting |
MICROSOFT CORP COMMON STOCK USD.00000625 |
MSFT |
EQUI |
0.0582337530 |
ALPHABET INC CL A COMMON STOCK USD.001 |
GOOGL |
EQUI |
0.0414929750 |
VISA INC CLASS A SHARES COMMON STOCK USD.0001 |
V |
EQUI |
0.0190891228 |
JOHNSON + JOHNSON COMMON STOCK USD1.0 |
JNJ |
EQUI |
0.0188243241 |
INTEL CORP COMMON STOCK USD.001 |
INTC |
EQUI |
0.0177184454 |
MASTERCARD INC A COMMON STOCK USD.0001 |
MA |
EQUI |
0.0174073068 |
UNITEDHEALTH GROUP INC COMMON STOCK USD.01 |
UNH |
EQUI |
0.0161731130 |
ADOBE INC COMMON STOCK USD.0001 |
ADBE |
EQUI |
0.0153725794 |
HOME DEPOT INC COMMON STOCK USD.05 |
HD |
EQUI |
0.0153465111 |
ACCENTURE PLC CL A COMMON STOCK USD.0000225 |
ACN |
EQUI |
0.0147059081 |