Key stats
About Fidelity U.S. Multifactor ETF
Expense ratio
0.15%
Home page
Inception date
Sep 15, 2020
FLRG provides exposure to large US companies from all sectors. The index starts with the top 1000 US companies by market cap. A composite score using multiple measures of the four factors are used to select and rank stocks. The objective of these ratings and rankings is to select high quality stocks, exhibiting positive momentum, trading at attractive valuations, and lower volatility than the broader market. The final selection for index inclusion will be approximately 100 stocks, based on market cap within each sector. Each stock is market cap weighted to reflect the sectors in the broad universe and undergoes and equal-overweight adjustment depending on its sector. The index is rebalanced semi-annually, in February and August.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region