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
Stocks99.78%
Technology Services22.05%
Electronic Technology16.51%
Finance15.09%
Health Technology9.21%
Retail Trade8.72%
Consumer Non-Durables5.47%
Communications3.32%
Consumer Services3.18%
Energy Minerals2.66%
Utilities2.56%
Commercial Services2.40%
Process Industries2.09%
Industrial Services1.98%
Producer Manufacturing1.65%
Health Services1.42%
Transportation0.65%
Distribution Services0.55%
Non-Energy Minerals0.17%
Bonds, Cash & Other0.22%
Mutual fund0.30%
Government0.01%
Futures−0.01%
Cash−0.08%
Stock breakdown by region
North America96.37%
Europe3.63%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history