FDLO

Fidelity Low Volatility Factor ETF

$66.10

+0.00%

Market closed. Last update: 11:38 PM ET

📎 Investment Objective

The Fidelity Low Volatility Factor ETF (FDLO) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Low Volatility Factor Index.

Overview

ETF tracking Fidelity Low Volatility Factor ETF

Category Volatility

Issuer Other

Inception Date 2016-09-15

Market Cap $1.4B

Average Volume N/A

Dividend Yield 1.38%

52-Week Range $54.44 - $66.69

VWAP $66.17

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Low Volatility Factor ETF (FDLO) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Low Volatility Factor Index.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. equity securities with lower historical volatility than the broader U.S. equity market. The fund's holdings are selected and weighted to maximize exposure to the low volatility factor while maintaining broad diversification.

✨ Key Features

Focuses on U.S. equities with lower historical volatility
Designed to provide exposure to the low volatility factor
Broad diversification across sectors and industries
Low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory events affecting a particular sector
Tracking error risk: The fund may not perfectly track its underlying index
Liquidity risk: The fund may have difficulty buying or selling certain holdings

👤 Best For

The Fidelity Low Volatility Factor ETF may be suitable for investors seeking exposure to U.S. equities with lower historical volatility as part of a diversified portfolio. It may be particularly appealing to more risk-averse investors or those nearing retirement who are looking to reduce portfolio volatility.