Fidelity U.S. Multifactor ETF
$41.52−0.35 (−0.85%)
- Expense ratio
- 0.15%
- Fund size
- $296M
- 1Y return
- +10.7%
- Yield · Last 12 months
- 1.41%
- Holdings
- 105
- Volume · 30D
- 0M sh
- NAV per share
- $41.99
- 52W range
The ETF.net FLRG Grade
Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 83Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 87Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 62Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 36Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 38Category rank
Our read on FLRG
BFidelity's multifactor screen distilled into about 100 US large caps at 0.15% a year, less than half what the typical multifactor fund charges. A cheap, rules-based tilt instead of the plain index.
The fund seeks returns that generally correspond, before fees and expenses, to the performance of the Fidelity U.S. Multifactor Index.
Why people hold it
- 0.15% a year against a 0.32% median for US multifactor funds. On price it undercuts most of the aisle.
- Roughly 100 names, not 600. The screen actually shows up in the portfolio rather than getting diluted into a closet index fund.
- Tracks the published Fidelity U.S. Multifactor Index, so the tilt follows disclosed rules rather than a manager's discretion. Pays quarterly.institutional.fidelity.com
- Cost and risk profile put it in the upper half of a crowded factor-fund field.
Worth knowing
- Thinly traded. Spreads can widen, so limit orders matter more here than with the mega-cap index giants.
- Launched in 2020, so the live record is short and covers only a handful of market moods.
- Plain-vanilla neighbors go cheaper still, with VYM and IUSG at 0.04%. The extra basis points buy the factor screen, not broad exposure.
FLRG Holdings
- Stocks
- 105
- 36%
- NVDA
Sectors
- Technology38.1%
- Financials12.2%
- Consumer Discr.10.2%
- Health Care9.9%
- Communication9.0%
- Industrials6.3%
- Energy4.7%
- Cons. Staples4.3%
- Materials2.4%
- Real Estate2.0%
- Utilities0.8%
Geography
- United States94.80%
- Bermuda2.84%
- Puerto Rico0.86%
- Ireland0.72%
- Singapore0.47%
- Netherlands0.31%
FLRG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FLRG |
|---|---|
| Year to date | +11.5% |
| 1 month | −1.2% |
| 3 months | +3.4% |
| 1 year | +10.7% |
| 3 years | +19.4% |
| 5 years | +12.4% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FLRG |
|---|---|---|
| 2026 YTD | +11.5% | |
| 2025 | +13.9% | |
| 2024 | +23.3% | |
| 2023 | +18.3% | |
| 2022 | −11.0% | |
| 2021 | +29.4% | |
| 2020 | +10.3% |
FLRG in the news
ETF.net Research hasn’t filed on FLRG yet — coverage lands here as it’s written.
FLRG Dividends
- 1.41%
- $0.59
- $0.13 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.13 |
| Jun 18, 2026 | Jun 23, 2026 | $0.13 |
| Mar 20, 2026 | Mar 24, 2026 | $0.15 |
| Dec 19, 2025 | Dec 23, 2025 | $0.19 |
| Sep 19, 2025 | Sep 23, 2025 | $0.11 |
| Jun 20, 2025 | Jun 24, 2025 | $0.11 |
| Mar 21, 2025 | Mar 25, 2025 | $0.13 |
| Dec 20, 2024 | Dec 24, 2024 | $0.14 |
| Sep 20, 2024 | Sep 24, 2024 | $0.13 |
| Jun 21, 2024 | Jun 25, 2024 | $0.11 |
| Mar 15, 2024 | Mar 20, 2024 | $0.10 |
| Dec 15, 2023 | Dec 20, 2023 | $0.09 |
FLRG Risk
- 11.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.14
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLRG Cost
- The middle half of US Multifactor funds
- Median 0.30%
12 of the 98 US Multifactor funds charge less.