FLRG stock icon

Fidelity US Multifactor ETF
FLRG

$33.48
0.33%

Market Cap: $127M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 1

31% more funds holding

Funds holding: 13 [Q1] → 17 (+4) [Q2]

8% more capital invested

Capital invested by funds: $32.7M [Q1] → $35.4M (+$2.69M) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

0.79% less ownership

Funds ownership: 31.51% [Q1] → 30.72% (-0.79%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FLRG.

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Financial journalist opinion

Neutral
ETF Trends
1 week ago
Considering Multifactor Strategies When Investing in U.S. Equities
Several potential risks loom over markets in the second half, particularly within the U.S. For investors looking to dampen volatility, invest in quality, or seek returns through value or momentum strategies, the Fidelity Multifactor ETF suite may be worth consideration. Recession concerns rose once again in August and signs of economic slowing in the U.S.
Considering Multifactor Strategies When Investing in U.S. Equities
Positive
Seeking Alpha
2 weeks ago
FLRG: Impressive Risk-Adjusted Returns, Solid Factor Mix, Yet One Issue Not To Ignore
FLRG has an index-based strategy centered on the value, quality, low volatility, and momentum factors. It has outperformed IVV as well as most of its peers over the October 2020-August 2024 period. The current version of its portfolio has stronger quality and value characteristics than that of IVV.
FLRG: Impressive Risk-Adjusted Returns, Solid Factor Mix, Yet One Issue Not To Ignore
Neutral
ETF Trends
3 months ago
An Advisor's Guide to Fidelity's Multifactor ETF Suite
Factor investing allows for targeted equity exposure for those seeking specific investment outcomes. For example, factors may be used to enhance a portfolio's risk and return profile or help generate income.
An Advisor's Guide to Fidelity's Multifactor ETF Suite
Neutral
Seeking Alpha
5 months ago
Fidelity's FLRG Okay But Not A SPY Replacement Or Alpha ETF
Fidelity U.S. Multifactor ETF (FLRG) is seen by the author as a possible alpha-generating fund to possibly complement a core ETF like SPY. Not so far though. FLRG uses four factors: attractive valuations, high quality profiles, lower volatility than the broader market, and positive momentum signals. While FLRG has composition differences compared to SPY, it currently only receives a hold rating as a SPY substitute or an alpha-generating ETF.
Fidelity's FLRG Okay But Not A SPY Replacement Or Alpha ETF
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