FLRG Profile
The Fidelity U.S. Multifactor ETF seeks to deliver returns by investing predominantly in securities that are part of the Fidelity U.S. Multifactor Index. Under normal market conditions, the fund allocates at least 80% of its assets to these securities. This strategic investment approach is designed to capture the performance of large- and mid-cap U.S. companies that exhibit multiple favorable investment characteristics.
The Fidelity U.S. Multifactor Index aims to identify and track stocks of U.S. companies that stand out due to their attractive valuations, high-quality financial profiles, and strong momentum signals. Additionally, the index focuses on companies with lower volatility compared to the broader market. This multifactor approach helps in selecting firms that not only have promising growth potential but also demonstrate stability and resilience against market fluctuations.
By focusing on factors such as valuation, quality, momentum, and volatility, the ETF provides investors with a diversffied exposure to U.S. equities that are well-positioned for sustained performance. The fund's methodology incorporates rigorous factor analysis to select stocks that meet its criteria for attractiveness, quality, and risk management, aiming to offer a balanced exposure that mitigates some of the risks associated with broader market investments.
The Fidelity U.S. Multifactor ETF is designed for investors seeking to enhance their U.S. equity exposure with a strategic focus on key investment factors. By concentrating on large- and mid-cap stocks with favorable multifactor attributes, the fund offers a structured approach to capturing potential market returns while emphasizing quality and lower volatility. This approach provides a comprehensive strategy for investors looking to leverage multifactor investing principles within the U.S. equity market.
|
