Fidelity U.S. Multifactor ETF (FLRG)
| Assets | $193.69M |
| Expense Ratio | 0.16% |
| PE Ratio | 18.90 |
| Shares Out | 5.60M |
| Dividend (ttm) | $0.48 |
| Dividend Yield | 1.39% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Ratio | 26.17% |
| 1-Year Return | +24.64% |
| Volume | 33,124 |
| Open | 34.50 |
| Previous Close | 34.58 |
| Day's Range | 34.50 - 34.62 |
| 52-Week Low | 27.42 |
| 52-Week High | 35.74 |
| 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
31.42% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.90% |
| Microsoft Corporation | MSFT | 6.43% |
| Alphabet Inc. | GOOGL | 4.00% |
| Broadcom Inc. | AVGO | 2.56% |
| Meta Platforms, Inc. | META | 2.55% |
| Vistra Corp. | VST | 2.06% |
| Visa Inc. | V | 1.89% |
| Eli Lilly and Company | LLY | 1.75% |
| Mastercard Incorporated | MA | 1.73% |
| The Home Depot, Inc. | HD | 1.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.138 | n/a |
| 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 |
News
SMIDcap ETF ‘FSMD' May Benefit in Rate-Cutting Regime
The market regime may continue to shift in response to easing rates, potentially serving as a catalyst for SMIDcap and mid-cap companies. The rate cut cycle is expected to provide more relief for smal...
FLRG: A Low Volatility Fund Delivering Strong Returns
FLRG offers a balanced multifactor strategy with solid returns, moderate volatility, and reasonable valuations, making it a strong long-term portfolio option. The fund focuses on large and mid-cap U.S...
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...