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Fidelity® U.S. Multifactor ETF

etf
FLRG
Dividend policy
None
Price as of:
$20.71 -0.1 0%
primary theme
U.S. Large-Cap Blend Equity
FLRG (ETF)

Fidelity® U.S. Multifactor ETF

Dividend policy
None
Price as of:
$20.71 -0.1 0%
primary theme
U.S. Large-Cap Blend Equity
FLRG (ETF)
Fidelity® U.S. Multifactor ETF
Dividend policy
None
Price as of:
$20.71 -0.1 0%
primary theme
U.S. Large-Cap Blend Equity

FLRG - Snapshot

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.85 M
  • Holdings in Top 10 27.4%

52 WEEK LOW AND HIGH

$20.81
$19.19
$21.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Large-Cap Blend Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Large Blend

Compare FLRG to Popular U.S. Large-Cap Blend Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$123.65

-0.68%

$245.61 B

1.80%

$2.25

blocked
blocked
blocked

10.38%

0.02%

$318.01

-0.68%

$231.63 B

1.70%

$5.44

blocked
blocked
blocked

9.57%

0.04%

$48.77

-0.51%

$119.51 B

1.67%

$0.82

blocked
blocked
blocked

1.29%

0.58%

$65.49

-0.34%

$100.11 B

1.03%

$0.68

blocked
blocked
blocked

5.59%

0.61%

$42.53

-0.54%

$95.82 B

1.45%

$0.62

blocked
blocked
blocked

7.48%

0.59%

Compare FLRG to Popular U.S. Large-Cap Blend Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$183.23

-0.53%

$921.44 B

1.19%

$2.20

blocked
blocked
blocked

12.90%

0.03%

$326.49

-0.67%

$557.01 B

1.63%

$5.35

blocked
blocked
blocked

11.03%

0.03%

$355.33

-0.69%

$277.59 B

1.59%

$5.68

blocked
blocked
blocked

11.06%

0.10%

$356.63

-0.67%

$209.46 B

1.64%

$5.90

blocked
blocked
blocked

10.99%

0.04%

$136.44

-0.54%

$56.33 B

1.63%

$2.23

blocked
blocked
blocked

10.15%

0.06%

FLRG - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity® U.S. Multifactor ETF
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Sep 15, 2020
  • Shares Outstanding
    200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Louis Bottari

Fund Description

The fund normally invests at least 80% of its 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.


FLRG - Performance

Return Ranking - Trailing

Period FLRG Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -70.4% 2137.4% N/A
1 Yr N/A -21.4% 36.7% N/A
3 Yr N/A* -18.8% 14.0% N/A
5 Yr N/A* -6.8% 15.3% N/A
10 Yr N/A* -1.0% 16.4% N/A

* Annualized

Return Ranking - Calendar

Period FLRG Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -22.7% 41.1% N/A
2018 N/A -100.0% 1.4% N/A
2017 N/A -100.0% 33.2% N/A
2016 N/A -44.8% 25.0% N/A
2015 N/A -51.1% 20.5% N/A

Total Return Ranking - Trailing

Period FLRG Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -70.4% 2137.4% N/A
1 Yr N/A -21.4% 36.7% N/A
3 Yr N/A* -18.8% 14.0% N/A
5 Yr N/A* -6.8% 15.3% N/A
10 Yr N/A* -1.0% 16.4% N/A

* Annualized

Total Return Ranking - Calendar

Period FLRG Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -21.6% 41.1% N/A
2018 N/A -100.0% 1.4% N/A
2017 N/A -100.0% 33.2% N/A
2016 N/A -16.4% 26.8% N/A
2015 N/A -26.4% 106.5% N/A

FLRG - Holdings

Concentration Analysis

FLRG Category Low Category High FLRG % Rank
Net Assets 3.85 M 153 K 921 B 97.95%
Number of Holdings 101 1 3591 53.51%
Net Assets in Top 10 1.05 M -95.2 M 210 B 98.52%
Weighting of Top 10 27.36% 2.3% 100.0% 75.33%

Top 10 Holdings

  1. Apple Inc 6.34%
  2. Microsoft Corp 5.53%
  3. Alphabet Inc A 3.69%
  4. Facebook Inc A 2.55%
  5. Johnson & Johnson 1.91%
  6. The Home Depot Inc 1.80%
  7. McDonald's Corp 1.41%
  8. Public Storage 1.40%
  9. Mastercard Inc A 1.40%
  10. Visa Inc Class A 1.40%

Asset Allocation

Weighting Return Low Return High FLRG % Rank
Stocks
99.93% 0.00% 148.88% 14.71%
Cash
0.07% -110.24% 100.00% 80.84%
Preferred Stocks
0.00% 0.00% 14.67% 42.91%
Other
0.00% -7.86% 100.00% 42.51%
Convertible Bonds
0.00% 0.00% 27.81% 39.00%
Bonds
0.00% 0.00% 85.20% 43.18%

Stock Sector Breakdown

Weighting Return Low Return High FLRG % Rank
Technology
23.29% 0.00% 52.52% 58.06%
Healthcare
14.34% 0.00% 53.39% 49.11%
Financial Services
13.03% 0.00% 44.52% 41.46%
Consumer Cyclical
11.12% 0.00% 53.63% 62.84%
Communication Services
10.67% 0.00% 34.05% 46.99%
Industrials
9.04% 0.00% 29.63% 45.63%
Consumer Defense
7.22% 0.00% 46.61% 64.14%
Real Estate
3.38% 0.00% 18.16% 23.36%
Utilities
3.25% 0.00% 18.14% 23.09%
Basic Materials
2.77% 0.00% 34.89% 34.02%
Energy
1.90% 0.00% 13.74% 46.99%

Stock Geographic Breakdown

Weighting Return Low Return High FLRG % Rank
US
99.93% 0.00% 147.48% 2.63%
Non US
0.00% 0.00% 62.26% 94.80%

FLRG - Expenses

Operational Fees

FLRG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 20.53% N/A
Management Fee 0.29% 0.00% 2.00% 25.10%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

FLRG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 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 N/A 0.00% 451.00% N/A

FLRG - Distributions

Dividend Yield Analysis

FLRG Category Low Category High FLRG % Rank
Dividend Yield 0.00% 0.00% 17.94% 45.74%

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 N/A -3.04% 3.34% N/A

Capital Gain Distribution Analysis

FLRG Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FLRG - Fund Manager Analysis

Managers

Louis Bottari


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.13

0.1%

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.

Deane Gyllenhaal


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.13

0.1%

Since joining Geode in 2014, Mr. Gyllenhaal has worked as a senior portfolio manager. Prior to joining Geode, Mr. Gyllenhaal was a senior portfolio manager at Hartford Investment Management from 2006 to 2014.

Payal Gupta


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.13

0.1%

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 Matthews


Start Date

Tenure

Tenure Rank

Sep 15, 2020

0.13

0.1%

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

0.13

0.1%

Since joining Geode in 2016, Mr. Regan has worked as a portfolio manager. Prior to joining Geode, Mr. Regan was senior implementation portfolio manager at State Street Global Advisors from 2008 to 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.86 6.29 0.67