Key stats
About Fidelity U.S. Multifactor ETF
Home page
Inception date
Sep 15, 2020
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
FMR Co., Inc.
Distributor
Fidelity Distributors Corp.
FLRG provides exposure to large US companies from all sectors. The index starts with the top 1000 US companies by market cap. A composite score using multiple measures of the four factors are used to select and rank stocks. The objective of these ratings and rankings is to select high quality stocks, exhibiting positive momentum, trading at attractive valuations, and lower volatility than the broader market. The final selection for index inclusion will be approximately 100 stocks, based on market cap within each sector. Each stock is market cap weighted to reflect the sectors in the broad universe and undergoes and equal-overweight adjustment depending on its sector. The index is rebalanced semi-annually, in February and August.
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
Stocks99.82%
Technology Services26.15%
Electronic Technology15.28%
Finance11.85%
Health Technology7.74%
Consumer Non-Durables5.63%
Retail Trade4.59%
Producer Manufacturing4.39%
Commercial Services3.83%
Consumer Services3.75%
Energy Minerals3.47%
Consumer Durables2.97%
Utilities2.34%
Non-Energy Minerals2.30%
Health Services1.65%
Communications1.25%
Industrial Services1.11%
Process Industries0.82%
Distribution Services0.70%
Bonds, Cash & Other0.18%
Cash0.09%
Mutual fund0.08%
Government0.01%
Futures0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history