Fidelity U.S. Multifactor ETF holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.
Fidelity U.S. Multifactor ETF FLRG
Morningstar’s Analysis FLRG
Will FLRG outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FLRG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FLRG’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 37.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 7.80 | 23M | Technology |
Apple Inc | 6.76 | 20M | Technology |
Alphabet Inc Class A | 5.71 | 17M | Communication Services |
Microsoft Corp | 4.73 | 14M | Technology |
Broadcom Inc | 3.09 | 9M | Technology |
Micron Technology Inc | 2.13 | 6M | Technology |
Meta Platforms Inc Class A | 2.09 | 6M | Communication Services |
Argan Inc | 1.68 | 5M | Industrials |
Exxon Mobil Corp | 1.65 | 5M | Energy |
Visa Inc Class A | 1.51 | 4M | Financial Services |