Key stats
About Fidelity Low Volatility Factor ETF
Home page
Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FDLO hunts among the 1,000 largest US stocks for those with low volatility of returns and earnings. Potential holdings are screened using a scoring system based on three metrics: low volatility of returns, low beta, and low earnings volatility. Factor scores are also scaled by market cap. The portfolio is weighted so that sector exposure reflects the neutral market, with holdings within sectors weighted by a combination of market cap and factor score. The fund is rebalanced twice annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.77%
Technology Services23.62%
Electronic Technology17.56%
Finance15.86%
Retail Trade8.97%
Health Technology8.20%
Consumer Non-Durables5.23%
Consumer Services3.03%
Communications3.00%
Utilities2.34%
Energy Minerals2.33%
Process Industries2.07%
Industrial Services1.96%
Producer Manufacturing1.69%
Commercial Services1.27%
Health Services0.76%
Transportation0.63%
Distribution Services0.56%
Non-Energy Minerals0.19%
Bonds, Cash & Other0.23%
Mutual fund0.69%
Futures0.02%
Government0.02%
Cash−0.50%
Stock breakdown by region
North America96.27%
Europe3.73%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDLO invests in stocks. The fund's major sectors are Technology Services, with 23.74% stocks, and Electronic Technology, with 17.65% of the basket. The assets are mostly located in the North America region.
FDLO top holdings are Microsoft Corporation and Apple Inc., occupying 7.22% and 6.28% of the portfolio correspondingly.
FDLO last dividends amounted to 0.24 USD. The quarter before, the issuer paid 0.22 USD in dividends, which shows a 9.84% increase.
FDLO assets under management is 1.18 B USD. It's risen 1.62% over the last month.
FDLO fund flows account for 24.45 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDLO pays dividends to its holders with the dividend yield of 1.42%. The last dividend (Mar 25, 2025) amounted to 0.24 USD. The dividends are paid quarterly.
FDLO shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 12, 2016, and its management style is Passive.
FDLO expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
FDLO follows the Fidelity U.S. Low Volatility Factor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDLO invests in stocks.
FDLO price has risen by 3.79% over the last month, and its yearly performance shows a 10.83% increase. See more dynamics on FDLO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.76% over the last month, showed a −1.97% decrease in three-month performance and has increased by 12.51% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.76% over the last month, showed a −1.97% decrease in three-month performance and has increased by 12.51% in a year.
FDLO trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.