Fidelity U.S. Multifactor ETF (FLRG)
| Assets | $178.00M |
| Expense Ratio | 0.15% |
| PE Ratio | 20.28 |
| Shares Out | 5.20M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 1.27% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 26.12% |
| 1-Year Return | +35.26% |
| Volume | 20,685 |
| Open | 34.06 |
| Previous Close | 34.26 |
| Day's Range | 33.71 - 34.06 |
| 52-Week Low | 25.57 |
| 52-Week High | 34.76 |
| Beta | 0.87 |
| Holdings | 106 |
| Inception Date | Sep 15, 2020 |
About FLRG
Fund Home PageThe Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors - value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is issued by Fidelity.
Top 10 Holdings
28.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.33% |
| NVIDIA Corporation | NVDA | 6.07% |
| Alphabet Inc. | GOOGL | 3.45% |
| Meta Platforms, Inc. | META | 2.28% |
| Eli Lilly and Company | LLY | 2.17% |
| Broadcom Inc. | AVGO | 1.84% |
| Visa Inc. | V | 1.69% |
| Mastercard Incorporated | MA | 1.62% |
| The Home Depot, Inc. | HD | 1.49% |
| The Procter & Gamble Company | PG | 1.44% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 20, 2024 | $0.130 | Sep 24, 2024 |
| Jun 21, 2024 | $0.107 | Jun 25, 2024 |
| Mar 15, 2024 | $0.104 | Mar 20, 2024 |
| Dec 15, 2023 | $0.090 | Dec 20, 2023 |
| Sep 15, 2023 | $0.092 | Sep 20, 2023 |
| Jun 16, 2023 | $0.098 | Jun 22, 2023 |
News
5 ETFs For When Market Volatility Spikes
Market volatility remains a fairly persistent aspect for investors to contend with in the back half of the year. With elevated short-term volatility risks in the fourth quarter, Fidelity offers five E...
Considering Multifactor Strategies When Investing in U.S. Equities
Several potential risks loom over markets in the second half, particularly within the U.S. For investors looking to dampen volatility, invest in quality, or seek returns through value or momentum stra...
FLRG: Impressive Risk-Adjusted Returns, Solid Factor Mix, Yet One Issue Not To Ignore
FLRG has an index-based strategy centered on the value, quality, low volatility, and momentum factors. It has outperformed IVV as well as most of its peers over the October 2020-August 2024 period. Th...
Fidelity's FLRG Okay But Not A SPY Replacement Or Alpha ETF
Fidelity U.S. Multifactor ETF (FLRG) is seen by the author as a possible alpha-generating fund to possibly complement a core ETF like SPY. Not so far though. FLRG uses four factors: attractive valuati...