Key stats
About Fidelity Low Volatility Factor ETF
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Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Stocks99.58%
Technology Services25.80%
Electronic Technology15.49%
Finance12.53%
Health Technology9.12%
Retail Trade9.12%
Consumer Non-Durables4.92%
Commercial Services3.60%
Communications3.09%
Utilities2.64%
Energy Minerals2.60%
Consumer Services2.36%
Process Industries2.12%
Industrial Services1.85%
Producer Manufacturing1.58%
Health Services1.27%
Transportation0.64%
Distribution Services0.48%
Non-Energy Minerals0.34%
Bonds, Cash & Other0.42%
Mutual fund0.43%
Government0.01%
Futures0.01%
Cash−0.02%
Stock breakdown by region
North America95.83%
Europe4.17%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history