FLRG
Fidelity U.S. Multifactor ETF
FLRG tracks an index large-cap US stocks selected by four factors - value, quality, low volatility, and momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 288.1 M
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Inception date | Sep 15, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 8.1 % |
| APPLE INC | 7.0 % |
| ALPHABET INC. CLASS A | 5.7 % |
| MICROSOFT CORP | 4.5 % |
| BROADCOM INC. | 3.3 % |
| MICRON TECHNOLOGY INC | 2.6 % |
| META PLATFORMS INC | 2.1 % |
| ARGAN INC | 1.9 % |
| VISA INC. CLASS A | 1.7 % |
| EXXON MOBIL CORP | 1.6 % |
Constituent Breakdown
| Number of holdings | 105 |
| Herfindahl-Hirschman Index | 235 |
| Wgt avg mkt cap (mns) | $1,146,679 |
| Large cap (>$10bn) | 95.6% |
| Mid cap ($2-10bn) | 9.9% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 105.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 100.1 % |
 |
BERMUDA | 2.3 % |
 |
IRELAND | 1.3 % |
 |
PUERTO RICO | 1.0 % |
 |
SINGAPORE | 0.7 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.1% | 14.1% | 14.0% | 16.3% | 10.8% | -- | -- | 13.4% |
| Dividend Yield | 0.8% | 1.7% | 1.7% | 1.7% | 1.7% | -- | -- | 1.9% |
| Total Returns | 8.9% | 15.8% | 15.7% | 18.0% | 12.5% | -- | -- | 15.4% | Ann. Volatility | 11.7% | 10.5% | 14.8% | 13.6% | 15.2% | -- | -- | 15.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.80 | 89% |
| MSCI EAFE | 0.51 | 58% |
| MSCI Emg Mkts | 0.33 | 51% |
Liquidity Measures
| Avg. volume (000) | 21 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.15% |
Technical Indicators
| 30d moving avg. (EMA) | $40.49 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.12/0.11 |
| Bollinger Bands (Upper/Lower) | $41.27/$39.80 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FLRG |
Expenses vs. FLRG |
ALTAR Score™ vs. FLRG |
|---|---|---|---|---|
| FQAL | Fidelity Quality Factor ETF | 57.3% | 0 bp | -1.0% |
| FCPI | Fidelity Stocks for Inflation ETF | 57.1% | 0 bp | +0.4% |
| FVAL | Fidelity Value Factor ETF | 52.4% | 0 bp | -0.9% |
| VSLU | Applied Finance Valuation Large Cap ETF | 52.4% | +34 bp | -1.7% |
| HDUS | Hartford Disciplined US Equity ETF | 50.3% | +4 bp | -2.2% |
| PQUS | Pictet AI Enhanced US Equity ETF | 49.9% | +7 bp | -2.9% |
| AFLG | First Trust Active Factor Large Cap ETF | 49.2% | +40 bp | -1.1% |
| FLQL | Franklin LibertyQ U.S. Equity ETF | 48.4% | 0 bp | -1.7% |
| SFTY | Horizon Managed Risk ETF | 48.3% | +62 bp | -3.5% |
| STOX | Horizon Core Equity ETF | 48.2% | +55 bp | -3.4% |
Risk and Returns: FLRG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/4/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
7.6%
ALTAR SCORE™
86th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,395 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. FLRG's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places FLRG in the 86th percentile
among funds in the category.
Sell-Side Consensus
$46.2
PRICE TARGET
+13.0%
UPSIDE