Fidelity Low Volatility Factor ETF (FDLO)
FDLO is a passive ETF by Fidelity tracking the investment results of the Fidelity U.S. Low Volatility Factor Index. FDLO launched on Sep 12, 2016 and has a 0.29% expense ratio.
ETF Info
US3160928244
316092824
Sep 12, 2016
North America (U.S.)
1x
Fidelity U.S. Low Volatility Factor Index
Large-Cap
Growth
Expense Ratio
FDLO features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Low Volatility Factor ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Low Volatility Factor ETF had a return of 17.00% year-to-date (YTD) and 17.96% in the last 12 months.
FDLO
17.00%
-0.14%
7.56%
17.96%
11.18%
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of FDLO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.83% | 2.71% | 1.83% | -3.89% | 3.31% | 2.62% | 2.61% | 3.51% | 1.60% | -1.55% | 4.32% | 17.00% | |
| 2023 | 2.30% | -3.05% | 4.14% | 2.72% | -1.93% | 5.13% | 1.86% | -0.57% | -3.83% | -0.39% | 7.16% | 2.34% | 16.38% |
| 2022 | -6.12% | -2.22% | 4.47% | -5.96% | 0.19% | -4.93% | 6.55% | -4.00% | -7.62% | 9.24% | 5.08% | -3.82% | -10.38% |
| 2021 | -2.48% | 1.01% | 4.61% | 5.15% | -0.04% | 2.59% | 3.52% | 2.36% | -4.58% | 6.36% | -1.97% | 5.87% | 24.00% |
| 2020 | 1.32% | -8.01% | -12.98% | 10.93% | 5.37% | 0.66% | 4.89% | 5.63% | -2.04% | -3.46% | 8.96% | 2.97% | 12.19% |
| 2019 | 7.27% | 3.67% | 2.49% | 2.53% | -2.75% | 5.53% | 1.96% | 0.58% | 0.71% | 1.14% | 2.64% | 1.95% | 31.10% |
| 2018 | 4.31% | -3.70% | -1.54% | 0.23% | 2.18% | 1.06% | 4.34% | 3.67% | 0.66% | -4.64% | 2.41% | -8.38% | -0.26% |
| 2017 | 0.81% | 4.13% | -0.18% | 1.52% | 1.57% | 0.27% | 1.64% | -0.05% | 2.21% | 2.54% | 3.18% | 1.20% | 20.44% |
| 2016 | 0.68% | -2.07% | 3.41% | 1.57% | 3.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 86, FDLO is among the top 14% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Low Volatility Factor ETF (FDLO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Low Volatility Factor ETF provided a 1.39% dividend yield over the last twelve months, with an annual payout of $0.85 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.85 | $0.72 | $0.69 | $0.58 | $0.59 | $0.60 | $0.53 | $0.49 | $0.14 |
Dividend yield | 1.39% | 1.35% | 1.49% | 1.11% | 1.38% | 1.55% | 1.76% | 1.61% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low Volatility Factor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.85 |
| 2023 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.72 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.69 |
| 2021 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.58 |
| 2020 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.59 |
| 2019 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.60 |
| 2018 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.53 |
| 2017 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.49 |
| 2016 | $0.14 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Low Volatility Factor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Low Volatility Factor ETF was 34.35%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.
The current Fidelity Low Volatility Factor ETF drawdown is 2.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.35% | Feb 20, 2020 | 23 | Mar 23, 2020 | 111 | Aug 28, 2020 | 134 |
| -19.23% | Dec 30, 2021 | 190 | Sep 30, 2022 | 286 | Nov 20, 2023 | 476 |
| -15.97% | Sep 24, 2018 | 64 | Dec 24, 2018 | 53 | Mar 13, 2019 | 117 |
| -9.65% | Jan 29, 2018 | 9 | Feb 8, 2018 | 114 | Jul 24, 2018 | 123 |
| -7.33% | Sep 3, 2020 | 39 | Oct 28, 2020 | 10 | Nov 11, 2020 | 49 |
Volatility
Volatility Chart
The current Fidelity Low Volatility Factor ETF volatility is 3.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.