Key stats
About FIDELITY CANADIAN LOW VOLATILITY ETF
Expense ratio
0.40%
Home page
Inception date
Jan 18, 2019
The fund provides exposure to a low volatility portfolio of large- and mid-cap Canadian stocks. Starting from a universe of the largest 300 Canadian stocks (according to market-cap), eligible securities are ranked within their respective sectors based on a composite low volatility score, subject to a size factor adjustment. The composite score is the weighted average of three low volatility metrics: 5-year standard deviation of price returns, 5-year beta, and 5-year standard deviation of EPS. The resulting portfolio of about 60-100 stocks is weighted to increase exposure to low-volatility sectors. The index is rebalanced on a semi-annual basis during 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
Finance
Transportation
Stocks99.85%
Finance33.83%
Transportation11.79%
Utilities9.47%
Industrial Services8.01%
Retail Trade7.64%
Energy Minerals5.57%
Communications4.77%
Technology Services4.62%
Non-Energy Minerals3.75%
Consumer Non-Durables3.01%
Distribution Services2.13%
Consumer Services2.10%
Process Industries1.21%
Producer Manufacturing0.97%
Commercial Services0.56%
Miscellaneous0.42%
Bonds, Cash & Other0.15%
Cash0.15%
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