Microsoft

NVIDIA

Alphabet

Eli Lilly

Broadcom

Visa

Mastercard

Home Depot

Procter & Gamble

Fidelity U.S. Multifactor ETF

FLRG tracks an index large-cap US stocks selected by four factors - value, quality, low volatility, and momentum.

Fidelity Small-Mid Factor ETF

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 strategies, the Fidelity Multifactor ETF suite may be worth consideration. Recession concerns rose once again in August and signs of economic slowing in the U.S.

Considering Multifactor Strategies When Investing in U.S. Equities

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. The current version of its portfolio has stronger quality and value characteristics than that of IVV.

FLRG: Impressive Risk-Adjusted Returns, Solid Factor Mix, Yet One Issue Not To Ignore

Fidelity Emerging Markets Multifactor ETF

Fidelity International Multifactor ETF

Factor investing allows for targeted equity exposure for those seeking specific investment outcomes. For example, factors may be used to enhance a portfolio's risk and return profile or help generate income.

An Advisor's Guide to Fidelity's Multifactor ETF Suite

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 valuations, high quality profiles, lower volatility than the broader market, and positive momentum signals. While FLRG has composition differences compared to SPY, it currently only receives a hold rating as a SPY substitute or an alpha-generating ETF.

News for Fidelity U.S. Multifactor ETF ETF (FLRG)