Key stats
About Fidelity U.S. Multifactor ETF
Home page
Inception date
Sep 15, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
FMR Co., Inc.
Distributor
Fidelity Distributors Corp.
FLRG provides exposure to large US companies from all sectors. The index starts with the top 1000 US companies by market cap. A composite score using multiple measures of the four factors are used to select and rank stocks. The objective of these ratings and rankings is to select high quality stocks, exhibiting positive momentum, trading at attractive valuations, and lower volatility than the broader market. The final selection for index inclusion will be approximately 100 stocks, based on market cap within each sector. Each stock is market cap weighted to reflect the sectors in the broad universe and undergoes and equal-overweight adjustment depending on its sector. The index is rebalanced semi-annually, in February and August.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.81%
Technology Services24.73%
Electronic Technology18.68%
Finance15.92%
Health Technology8.37%
Consumer Non-Durables5.56%
Consumer Services4.74%
Retail Trade4.05%
Energy Minerals3.22%
Producer Manufacturing2.63%
Consumer Durables2.59%
Industrial Services2.21%
Process Industries2.19%
Health Services1.49%
Utilities1.31%
Communications1.24%
Commercial Services0.89%
Bonds, Cash & Other0.19%
Cash0.12%
Mutual fund0.06%
Government0.01%
Futures0.00%
Stock breakdown by region
North America99.49%
Europe0.51%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLRG invests in stocks. The fund's major sectors are Technology Services, with 24.73% stocks, and Electronic Technology, with 18.68% of the basket. The assets are mostly located in the North America region.
FLRG top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.96% and 6.79% of the portfolio correspondingly.
FLRG last dividends amounted to 0.11 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 16.96% decrease.
FLRG assets under management is 232.22 M USD. It's risen 5.31% over the last month.
FLRG fund flows account for 98.86 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLRG pays dividends to its holders with the dividend yield of 1.43%. The last dividend (Jun 24, 2025) amounted to 0.11 USD. The dividends are paid quarterly.
FLRG shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 15, 2020, and its management style is Passive.
FLRG expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
FLRG follows the Fidelity U.S. Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLRG invests in stocks.
FLRG price has risen by 2.06% over the last month, and its yearly performance shows a 12.75% increase. See more dynamics on FLRG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.95% over the last month, showed a 9.16% increase in three-month performance and has increased by 14.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.95% over the last month, showed a 9.16% increase in three-month performance and has increased by 14.27% in a year.
FLRG trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.