(FDLO) Fidelity Low Volatility - Ratings and Ratios

The Fidelity® Low Volatility Factor ETF (FDLO) is designed for investors seeking exposure to U.S. large and mid-capitalization stocks that exhibit lower volatility compared to the broader market. The fund typically allocates at least 80% of its assets to securities included in the Fidelity U.S. Low Volatility Factor Index, which serves as its benchmark. This index is constructed to capture the performance of companies with historically lower volatility, offering a potential hedge during market downturns.

FDLO employs a rules-based investment strategy, focusing on stocks that have demonstrated reduced volatility over time. By targeting these securities, the fund aims to deliver returns that are less susceptible to market fluctuations while still participating in overall market growth. Additionally, the fund engages in securities lending to generate incremental income, which can enhance its overall return profile.

With an AUM of approximately $1.4 billion, FDLO is a sizeable ETF in the large blend category. It is listed on the NYSE ARCA under the ticker symbol FDLO. While the fund does not report traditional valuation metrics like P/E, P/B, or P/S, its focus on volatility reduction makes it an attractive option for risk-averse investors or those looking to diversify their portfolio with a lower-volatility equity exposure. For more details, investors can visit Fidelitys institutional website at http://www.institutional.fidelity.com.