Key stats
About FIDELITY U.S. LOW VOLATILITY CURRENCY NEUTRAL ETF
Expense ratio
0.42%
Home page
Inception date
Jan 18, 2019
The fund is passively managed to build a low volatility portfolio of large- and mid-cap US stocks. Taken from a universe of the largest 1,000 US 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
Technology Services
Electronic Technology
Finance
Consumer Non-Durables
Stocks15630.05%
Technology Services17.32%
Electronic Technology15.85%
Finance14.73%
Consumer Non-Durables11.01%
Process Industries9.48%
Utilities8.31%
Retail Trade5.60%
Commercial Services5.59%
Health Technology4.37%
Industrial Services3.48%
Transportation1.71%
Health Services0.94%
Consumer Services0.77%
Communications0.43%
Producer Manufacturing0.37%
Bonds, Cash & Other−15530.05%
Cash5.20%
Miscellaneous−15535.25%
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