FLRG
Fidelity U.S. Multifactor ETF
📎 Investment Objective
The Fidelity U.S. Multifactor ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Multifactor Index.
Overview
ETF tracking Fidelity U.S. Multifactor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity U.S. Multifactor ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity U.S. Multifactor Index.
🎯 Investment Strategy
The ETF invests in a diversified portfolio of U.S. stocks that are selected and weighted based on multiple factors, including value, momentum, quality, and low volatility. The goal is to outperform the broad U.S. equity market over the long term.
✨ Key Features
- Seeks to track the performance of the Fidelity U.S. Multifactor Index
- Diversified portfolio of U.S. stocks selected and weighted based on multiple factors
- Aims to provide long-term capital appreciation by outperforming the broader U.S. equity market
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Sector concentration risk: The ETF may be more heavily invested in certain sectors, which could increase volatility
- Factor investing risk: The factors used to select and weight the stocks may not perform as expected
- Tracking error risk: The ETF may not perfectly track the performance of its underlying index
👤 Best For
The Fidelity U.S. Multifactor ETF may be suitable for long-term investors seeking exposure to a diversified portfolio of U.S. stocks with the potential for enhanced returns compared to the broader market. Investors should have a moderate to high risk tolerance and a long-term investment horizon.