Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Rating
Sector Rating
Recommendation *
Avoid
Neutral
Fair
Quality
Rating Breakdown
Avg.
Relative Strength
The relative strength of a dividend stock indicates whether the stock is uptrending or not. The major determining factor in this rating is whether the stock is trading close to its 52-week-high.
Overall Yield Attractiveness
If a stock’s yield is above or near the market average then it will be rated higher within this parameter. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors.
Dividend Reliability
A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future.
Dividend Uptrend
A stock’s Dividend Uptrend rating is dependent on the company’s price-to-earnings (P/E) ratio to evaluate whether or not a stock’s dividend is likely to trend upward. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock’s dividend to increase.
Earnings Growth
A stock’s Earnings Growth rating evaluates a company’s expected EPS for the current financial year and compares it to next financial year’s expected EPS. Stocks with single-digit growth estimates will have a higher rating than others, as our research has shown that well-established dividend-paying companies have modest earnings growth estimates.
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Fidelity® U.S. Multifactor ETF
ETF
FLRG
Payout Change
Pending
Price as of:
$24.08
+0.01
+0.04%
primary theme
U.S. Large-Cap Blend Equity
FLRG (ETF)
Fidelity® U.S. Multifactor ETF
Payout Change
Pending
Price as of:
$24.08
+0.01
+0.04%
primary theme
U.S. Large-Cap Blend Equity
FLRG (ETF)
Fidelity® U.S. Multifactor ETF
Payout Change
Pending
Price as of:
$24.08
+0.01
+0.04%
primary theme
U.S. Large-Cap Blend Equity
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.3%
1 yr return
-6.6%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$14.8 M
Holdings in Top 10
26.3%
52 WEEK LOW AND HIGH
$24.1
$21.80
$25.85
Expenses
OPERATING FEES
Expense Ratio 0.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLRG - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.56%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity® U.S. Multifactor ETF
-
Fund Family NameFidelity Investments
-
Inception DateSep 15, 2020
-
Shares Outstanding600000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerLouis Bottari
Fund Description
Normally investing at least 80% of assets in securities included in the Fidelity U.S. Multifactor Index℠. The Fidelity U.S. Multifactor Index℠ is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market. Lending securities to earn income for the fund.
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FLRG - Performance
Return Ranking - Trailing
| Period | FLRG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -51.8% | 22.1% | 81.47% |
| 1 Yr | -6.6% | -58.9% | 46.9% | 2.41% |
| 3 Yr | N/A* | -25.7% | 197.6% | N/A |
| 5 Yr | N/A* | -29.1% | 93.8% | N/A |
| 10 Yr | N/A* | -17.2% | 37.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FLRG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -11.0% | -69.4% | 53.7% | 8.02% |
| 2021 | 13.7% | -94.0% | 152.6% | 3.96% |
| 2020 | N/A | -13.9% | 183.6% | N/A |
| 2019 | N/A | -18.2% | 8.9% | N/A |
| 2018 | N/A | -80.2% | 35.2% | N/A |
Total Return Ranking - Trailing
| Period | FLRG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -97.2% | 22.1% | 81.47% |
| 1 Yr | -6.6% | -58.9% | 67.6% | 3.67% |
| 3 Yr | N/A* | -25.7% | 197.6% | N/A |
| 5 Yr | N/A* | -28.1% | 93.8% | N/A |
| 10 Yr | N/A* | -11.8% | 37.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FLRG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -11.0% | -69.4% | 53.7% | 8.09% |
| 2021 | 13.7% | -94.0% | 152.6% | 3.96% |
| 2020 | N/A | -13.9% | 183.6% | N/A |
| 2019 | N/A | -12.8% | 8.9% | N/A |
| 2018 | N/A | -60.0% | 35.2% | N/A |
FLRG - Holdings
Concentration Analysis
| FLRG | Category Low | Category High | FLRG % Rank | |
|---|---|---|---|---|
| Net Assets | 14.8 M | 177 K | 1.21 T | 95.44% |
| Number of Holdings | 101 | 2 | 4154 | 50.69% |
| Net Assets in Top 10 | 3.89 M | 1.74 K | 270 B | 95.02% |
| Weighting of Top 10 | 26.28% | 1.8% | 100.0% | 79.52% |
Top 10 Holdings
- Apple Inc 6.06%
- Microsoft Corp 5.39%
- Alphabet Inc Class A 3.61%
- Johnson & Johnson 1.96%
- EOG Resources Inc 1.86%
- ConocoPhillips 1.62%
- Eli Lilly and Co 1.60%
- Exelon Corp 1.52%
- National Fuel Gas Co 1.51%
- The Home Depot Inc 1.50%
Asset Allocation
| Weighting | Return Low | Return High | FLRG % Rank | |
|---|---|---|---|---|
| Stocks | 99.94% | 0.00% | 130.24% | 13.83% |
| Cash | 0.06% | -102.29% | 100.00% | 84.44% |
| Preferred Stocks | 0.00% | 0.00% | 2.23% | 26.14% |
| Other | 0.00% | -13.91% | 134.98% | 26.76% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 21.99% |
| Bonds | 0.00% | -0.04% | 95.81% | 23.51% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FLRG % Rank | |
|---|---|---|---|---|
| Technology | 22.64% | 0.00% | 48.94% | 62.46% |
| Financial Services | 14.44% | 0.00% | 55.59% | 35.29% |
| Healthcare | 14.23% | 0.00% | 60.70% | 58.47% |
| Consumer Cyclical | 11.46% | 0.00% | 50.47% | 30.53% |
| Industrials | 10.68% | 0.00% | 29.90% | 27.03% |
| Communication Services | 8.24% | 0.00% | 27.94% | 53.78% |
| Consumer Defense | 5.98% | 0.00% | 49.14% | 73.46% |
| Energy | 5.82% | 0.00% | 41.64% | 15.34% |
| Real Estate | 2.96% | 0.00% | 37.52% | 38.94% |
| Basic Materials | 2.01% | 0.00% | 26.10% | 76.33% |
| Utilities | 1.52% | 0.00% | 25.44% | 73.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FLRG % Rank | |
|---|---|---|---|---|
| US | 98.26% | 0.00% | 127.77% | 30.29% |
| Non US | 1.68% | 0.00% | 33.51% | 50.69% |
FLRG - Expenses
Operational Fees
| FLRG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.29% | 0.01% | 2.95% | 81.08% |
| Management Fee | 0.29% | 0.00% | 2.00% | 27.55% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| FLRG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FLRG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FLRG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 30.00% | 0.00% | 496.00% | 57.89% |
FLRG - Distributions
Dividend Yield Analysis
| FLRG | Category Low | Category High | FLRG % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.79% | 0.00% | 19.15% | 6.02% |
Dividend Distribution Analysis
| FLRG | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FLRG | Category Low | Category High | FLRG % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.56% | -54.00% | 6.06% | 3.99% |
Capital Gain Distribution Analysis
| FLRG | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 22, 2023 | $0.108 | OrdinaryDividend |
| Dec 21, 2022 | $0.085 | OrdinaryDividend |
| Sep 21, 2022 | $0.105 | OrdinaryDividend |
| Jun 23, 2022 | $0.109 | OrdinaryDividend |
| Mar 23, 2022 | $0.088 | OrdinaryDividend |
| Jan 04, 2022 | $0.006 | OrdinaryDividend |
| Dec 22, 2021 | $0.114 | OrdinaryDividend |
| Sep 22, 2021 | $0.084 | OrdinaryDividend |
| Jun 23, 2021 | $0.108 | OrdinaryDividend |
| Mar 24, 2021 | $0.060 | OrdinaryDividend |
| Dec 23, 2020 | $0.314 | OrdinaryDividend |
FLRG - Fund Manager Analysis
Managers
Louis Bottari
Start Date
Tenure
Tenure Rank
Sep 15, 2020
1.71
1.7%
Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.
Payal Gupta
Start Date
Tenure
Tenure Rank
Sep 15, 2020
1.71
1.7%
Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.
Peter Matthew
Start Date
Tenure
Tenure Rank
Sep 15, 2020
1.71
1.7%
Peter Matthew is a Portfolio Manager. He has been with Geode Capital Management, LLC since 2007. Prior to joining Geode in 2007, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005. Peter Matthews, PhD, is Managing Partner and Portfolio Manager. He was the trading system creator for all MINT systems and a Founding Partner of Mint Investment Management Company (MINT) in 1984 based on systems he originally created in 1981. MINT was the first CTA to exceed $1bn in AUM (in 1991). Peter was MINT’s Portfolio Manager throughout its existence from 1984-2000. MINT achieved 30% gross compound annual returns with no losing years from 1981-1993. MINT formed a 50/50 partnership with the Man Group and was the catalyst for Man’s $42.4bn (as of December 2009) business today. Peter received the Donchian Award in 1994 for his lifetime contributions to the Managed Funds Industry and was Founder/Chairman Emeritus for the Foundation for Managed Derivatives Research. MINT created the first guaranteed fund with Ord Westpac, Australia and was profiled in the book, Market Wizards. Dr. Matthews received his MA and PhD in Statistics from The American University in Washington, D.C. He was awarded the Massey Foundation Fellowship throughout his PhD program. He received his BA in Mathematics and Economics from Carleton University, Canada where he was an Ontario Scholar.
Robert Regan
Start Date
Tenure
Tenure Rank
Sep 15, 2020
1.71
1.7%
Robert Regan is a Portfolio Manager. He has been with Geode since 2016. Prior to joining Geode, Mr. Regan was a Senior Implementation Portfolio Manager at State Street Global Advisors from 2008 to 2016. Previously, Mr. Regan was employed by PanAgora Asset Management from 1997 to 2008, most recently as a Portfolio Manager. Mr. Regan began his career at Investors Bank and Trust.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.17 | 2.42 |
