Fidelity US Multifactor ETFFLRG
FLRG
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
107% more capital invested
Capital invested by funds: $35.4M [Q2] → $73.4M (+$38M) [Q3]
13.51% more ownership
Funds ownership: 30.72% [Q2] → 44.22% (+13.51%) [Q3]
0% more funds holding
Funds holding: 17 [Q2] → 17 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for FLRG.
Financial journalist opinion
Positive
ETF Trends
1 month ago
SMIDcap ETF ‘FSMD' May Benefit in Rate-Cutting Regime
The market regime may continue to shift in response to easing rates, potentially serving as a catalyst for SMIDcap and mid-cap companies. The rate cut cycle is expected to provide more relief for smaller and more leveraged companies needing more access to capital markets than larger companies.
Positive
Seeking Alpha
1 month ago
FLRG: A Low Volatility Fund Delivering Strong Returns
FLRG offers a balanced multifactor strategy with solid returns, moderate volatility, and reasonable valuations, making it a strong long-term portfolio option. The fund focuses on large and mid-cap U.S. companies, emphasizing valuation, quality, momentum, and low volatility across 101 holdings. FLRG trades at a discount to peers, with a P/E ratio of 16.7x and higher profitability, despite a higher debt/equity ratio.
Neutral
ETF Trends
2 months ago
5 ETFs For When Market Volatility Spikes
Market volatility remains a fairly persistent aspect for investors to contend with in the back half of the year. With elevated short-term volatility risks in the fourth quarter, Fidelity offers five ETFs worth consideration, including a screen for lower volatility stocks.
Neutral
ETF Trends
3 months 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.
Positive
Seeking Alpha
3 months 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.
Neutral
ETF Trends
6 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.
Neutral
Seeking Alpha
8 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.
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