Key stats
About FIDELITY INTERNATIONAL LOW VOLATILITY ETF
Expense ratio
0.51%
Home page
Inception date
Jan 18, 2019
The fund is passively managed to build a low volatility portfolio of large- and mid-cap stocks from developed markets outside US and Canada. Taken from a universe of the largest 1,000 developed ex-North America stocks, 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.
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
Health Technology
Consumer Non-Durables
Communications
Stocks99.69%
Finance22.95%
Health Technology17.77%
Consumer Non-Durables14.38%
Communications10.24%
Utilities8.10%
Distribution Services5.69%
Industrial Services3.17%
Technology Services2.95%
Producer Manufacturing2.86%
Commercial Services2.85%
Consumer Durables2.19%
Electronic Technology1.84%
Retail Trade1.63%
Consumer Services1.51%
Transportation0.77%
Non-Energy Minerals0.42%
Process Industries0.36%
Bonds, Cash & Other0.31%
Cash0.31%
Stock breakdown by region
Europe64.10%
Asia31.21%
Oceania3.98%
Middle East0.71%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history