FDLO - Fidelity Low Volatility Factor ETF
|Ex-Dividend Date||Mar 19, 2021|
|Trading Day||April 20|
|Day's Range||45.90 - 46.16|
|52-Week Range||32.38 - 46.28|
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index". The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index", which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market. It may lend securities to earn income for the fund.
|Asset Class |
|Inception Date |
Sep 12, 2016
|Ticker Symbol |
|Index Tracked |
Fidelity U.S. Low Volatility Factor Index
Top 10 Holdings28.64% of assets
|Johnson & Johnson||JNJ||1.60%|
|Mar 19, 2021||$0.147||Mar 24, 2021|
|Dec 18, 2020||$0.136||Dec 23, 2020|
|Sep 18, 2020||$0.142||Sep 23, 2020|
|Jun 19, 2020||$0.143||Jun 24, 2020|
|Mar 20, 2020||$0.167||Mar 25, 2020|
|Dec 20, 2019||$0.162||Dec 26, 2019|
Low-volatility ETFs tend to perform better in a low-rate environment. If coronavirus fear resurfaces, these ETFs may offer you some safety.
September is historically the worst month for the stock market. According to Dow Jones Market Data, the Dow Jones Industrial Average and the S&P 500 have witnessed average declines of 1% each since 1937.
The low volatility factor is one of the more beloved investment factors and when it comes to exchange traded funds dedicated to this school of investment thought, two in particular are, well, beloved.