Fidelity Low Volatility Factor ETF
The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index?, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market. It may lend securities to earn income for the fund.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +8.9% so far this year. At 0.15% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.3% |
| 1 month | +4.8% |
| 3 months | +3.4% |
| 6 months | +6.9% |
| YTD | +8.9% |
| 1 year | +12.1% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat FDLO on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ESMV iShares ESG MSCI USA Min Vol Factor ETF | 0.18% | $7904.06T | −$41K | 6427244× the assets | Head-to-head |
| USMV iShares MSCI USA Min Vol Factor ETF | 0.15% | $24.1B | −$81M | 20× the assets | Head-to-head |
| BUFR FT CBOE VEST FUND OF BUFFER ETFS | — | $5.1B | — | 4× the assets | Head-to-head |
| ACWV iShares MSCI Global Min Vol Factor ETF | 0.20% | $3.4B | +$155K | 3× the assets · +$155K in over the month | Head-to-head |
| EFAV iShares MSCI EAFE Min Vol Factor ETF | 0.22% | $5.5B | +$101M | 4× the assets · +$101M in over the month | Head-to-head |