SPLV - FDLO: Simplicity Cost Performance Make This ETF A Buy

2024-02-09 16:20:15 ET

Summary

• Low volatility allocation makes sense in an election year with an uncertain macro environment.
• FDLO is our top choice in the lower volatility equity style, due to its simplicity, price, and transparent investment process.
• FDLO has outperformed its peers in terms of total return and provides some downside protection during market volatility.

Risk management is a core tenet for any responsible investor. In an election year, with precarious geopolitics, and an uncertain macro environment, it would be wise for investors to consider a low volatility allocation if they have not already. Fidelity Low Volatility ETF ( FDLO ) is an ETF we like. It has a combination of simplicity, price, and sustained long-term performance that gives me confidence it can play that low volatility role nicely. We rate FDLO a buy....

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