Fund Evaluator:
Fidelity Low Volatility Factor ETF (FDLO)
Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Large Blend
Category
$36.421
NAV (as of Oct 07)
$0.00
Minimum Initial
0.15% B
Expense Ratio
$1,422 Mil
Assets
Open
Status
na
12b-1 Fee
1.37%
TTM Yield
0.00%
Max Load
19%
Portfolio Turnover
Best Performing in Large Blend Over the Last Year
| 49.8% | PRIMECAP Odyssey Growth (POGRX) |
| 48.6% | Vanguard PRIMECAP Core Inv (VPCCX) |
| 45.8% | Vanguard PRIMECAP Adm (VPMAX) |
| 45.7% | Vanguard PRIMECAP Inv (VPMCX) |
| 42.3% | Midas Special Opportunities (MISEX) |
Data as of 7/31/2026
5.0% A
1-Mo Return
4.2% D
3-Mo Return
8.3% D
YTD Return
15.5% D
1-Yr Return
13.7% F
3-Yr Return
9.6% D
5-Yr Return
0.76 A
Category Risk Index
0.83
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
9/12/2016
Share Class Type
Equity Investment Style
Large-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
Russell 1000 TR USD: 100%
Additional Fund Details
Fidelity Low Volatility Factor ETF Overview
FDLO Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FDLO Return (NAV) | 5.0% | 4.2% | 15.5% | 13.7% | 9.6% | na |
| FDLO Grade | A | D | D | F | D | na |
| +/- Category | 4.6% | 0.1% | -1.9% | -3.6% | -1.5% | na |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| FDLO Tax Cost Ratio | na | na | 0.5% | 0.4% | 0.4% | na |
FDLO Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FDLO Return (NAV) | 8.3% | 12.0% | 16.1% | 16.3% | -10.4% | 23.8% | 12.4% | 30.4% | 0.5% | 20.0% | na |
| FDLO Grade | D | F | F | F | A | F | F | C | A | D | na |
| +/- Category | -1.0% | -3.8% | -6.0% | -7.4% | 6.9% | -2.8% | -5.1% | 0.6% | 6.4% | -1.3% | na |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 10.2% |
| Total Risk Index: | 0.83 - Below Average |
| Category Risk Index: | 0.76 - Low |
| Category Risk Grade: | A (3% Rank) |
| Beta: | 0.67 |
| R-Squared: | 74% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.4% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | |
| Total Assets: | $1422 Mil |
| Fund Total Assets: | $1,422 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 19% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 9.9 years | |||
| Average Tenure: 8.7 years | |||
| Managers (Year): Bottari Louis (2016), Matthew Peter (2016), Regan Robert (2016), Gupta Payal (2019), Sohrabi Navid (2019) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 131 |
| % in Top 10 Holdings: | 38.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.8% |
Portfolio Allocation |
|
| Domestic Stock: | 99.0% |
| Foreign Stock: | 0.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -1.3% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 202-551-8090 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | September 12, 2016 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.15% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Fidelity Low Volatility Factor ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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