LGLV - FDLO: Low-Volatility ETF Beating Competitors
2024-05-20 14:06:47 ET
Summary
- Fidelity Low Volatility Factor ETF is invested in 125 stocks with relatively low historical volatility of prices and earnings.
- Since its inception, the FDLO ETF has lagged the S&P 500 index, but outperformed other low-volatility ETFs.
- FDLO risk-adjusted returns compared to the benchmark are unconvincing, but its track record is too short to assess its long-term potential.
FDLO strategy
Fidelity Low Volatility Factor ETF ( FDLO ) started investing operations on 09/12/2016 and tracks the Fidelity U.S. Low Volatility Factor Index. It has a portfolio of 125 stocks, a 30-day SEC yield of 1.46% and a total expense ratio of 0.15%. Distributions are paid Quarterly....
FDLO: Low-Volatility ETF Beating Competitors