Symbols

FLRG

Fidelity US Multifactor ETF·NYSE

--(--)

Key Stats

Assets Under Management

275.52MUSD

Fund Flows (1Y)

54.97MUSD

Dividend Yield

1.40%

Discount/Premium to NAV

0.04%

Shares Outstanding

7.10M

Expense Ratio

0.16%

About Fidelity US Multifactor ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/prgw/digital/research/quote/dashboard/composition?symbol=FLRG

Inception Date

Sep 15, 2020

Structure

Open-Ended Fund

Index Tracked

Fidelity U.S. Multifactor Index

Management Style

Passive

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.