Fidelity U.S. Multifactor ETF (FLRG)
Fidelity U.S. Multifactor ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $42.75, up 0.47% on the session, giving a market capitalisation of $297.9M. Its beta of 0.86 implies it has historically moved less than the broad market.
This ETF is designed to identify and invest in American businesses that consistently demonstrate strong characteristics across multiple strategic investment dimensions. These dimensions include a focus on undervalued companies (value), financially robust operations (quality), consistent performance with minimal fluctuation (low volatility), and upward trending stock prices (momentum). Furthermore, the fund purposefully limits its emphasis on company size as a primary selection criterion.
Fidelity U.S. Multifactor ETF is most often compared with the following Financial Services names: