Fidelity Low Volatility Factor ETF (FDLO) belongs to the Volatility Hedged Equity category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FDLO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FDLO
FDLO charges 0.29% annually. There are 7 ETFs in the Volatility Hedged Equity category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR SSGA US Small Cap Low Volatility Index ETF | 0.12% | 244.95M | Feb 2013 | FDLO vs SMLV | |
| SPDR SSGA US Large Cap Low Volatility Index ETF | 0.12% | 1.11B | Feb 2013 | FDLO vs LGLV | |
| SPDR Russell 1000 Low Volatility Focus ETF | 0.20% | 385.05M | Dec 2015 | FDLO vs ONEV | |
| FlexShares US Quality Low Volatility Index Fund | 0.22% | 156.14M | Jul 2019 | FDLO vs QLV | |
| Invesco S&P International Developed Low Volatility... | 0.25% | 340.31M | Jan 2012 | FDLO vs IDLV |
Best Risk-Adjusted Alternatives to FDLO
FDLO has a PortfoliosLab risk / return rank of 41. There are 11 ETFs in the Volatility Hedged Equity category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 93 | 4.99B | Jul 2016 | FDLO vs LVHI | |
| Franklin Liberty U.S. Low Volatility ETF | 89 | 112.15M | Sep 2016 | FDLO vs FLLV | |
| VictoryShares US Multi-Factor Minimum Volatility E... | 86 | 156.24M | Jun 2017 | FDLO vs VSMV | |
| FlexShares Emerging Markets Quality Low Volatility... | 63 | 17.32M | Jul 2019 | FDLO vs QLVE | |
| Innovator Emerging Markets Power Buffer ETF Januar... | 60 | 157.08M | Jan 2020 | FDLO vs EJAN |
Top Performing FDLO Alternatives (YTD)
FDLO is at 2.30% YTD. There are 18 ETFs in the Volatility Hedged Equity category with higher YTD returns, going as high as 19.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares Emerging Markets Quality Low Volatility... | 19.51% | 17.32M | Jul 2019 | FDLO vs QLVE | |
| WEBs QQQ Defined Volatility ETF | 17.26% | 3.20M | Dec 2024 | FDLO vs DVQQ | |
| SPDR SSGA US Small Cap Low Volatility Index ETF | 16.87% | 244.95M | Feb 2013 | FDLO vs SMLV | |
| Franklin International Low Volatility High Dividen... | 12.58% | 4.99B | Jul 2016 | FDLO vs LVHI | |
| Franklin Liberty U.S. Low Volatility ETF | 11.76% | 112.15M | Sep 2016 | FDLO vs FLLV |
Lowest Volatility Alternatives to FDLO
FDLO has 8.89% 1-year volatility. There are 5 ETFs in the Volatility Hedged Equity category with lower 1-year volatility, going as low as 7.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FlexShares US Quality Low Volatility Index Fund | 7.67% | 156.14M | Jul 2019 | FDLO vs QLV | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | 7.68% | 488.90M | May 2020 | FDLO vs SIXH | |
| Innovator Emerging Markets Power Buffer ETF Januar... | 8.17% | 157.08M | Jan 2020 | FDLO vs EJAN | |
| Cambria Tail Risk ETF | 8.42% | 148.09M | Apr 2017 | FDLO vs TAIL | |
| Franklin Liberty U.S. Low Volatility ETF | 8.47% | 112.15M | Sep 2016 | FDLO vs FLLV |
Lowest Drawdown Alternatives to FDLO
FDLO has a 1-year max drawdown of -7.13%. There are 9 ETFs in the Volatility Hedged Equity category with shallower 1-year drawdowns, going as shallow as -4.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -4.36% | 488.90M | May 2020 | FDLO vs SIXH | |
| Franklin Liberty U.S. Low Volatility ETF | -4.90% | 112.15M | Sep 2016 | FDLO vs FLLV | |
| VictoryShares US Multi-Factor Minimum Volatility E... | -5.18% | 156.24M | Jun 2017 | FDLO vs VSMV | |
| Franklin International Low Volatility High Dividen... | -6.08% | 4.99B | Jul 2016 | FDLO vs LVHI | |
| FlexShares US Quality Low Volatility Index Fund | -6.19% | 156.14M | Jul 2019 | FDLO vs QLV |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 70 | 28.31% | 21.38B | Oct 2013 | FDLO vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 65 | 8.30% | 9.77B | Sep 2016 | FDLO vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 3 | -26.51% | 13.40B | Jan 2024 | FDLO vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.61% | 26.06B | Oct 2014 | FDLO vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 62 | 13.30% | 10.92B | Sep 2003 | FDLO vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 53 | 13.26% | 6.91B | Jun 2020 | FDLO vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 70 | 10.25% | 7.64B | Apr 2007 | FDLO vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.00% | 2.35B | Oct 2013 | FDLO vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -41.68% | 994.18M | Jul 2024 | FDLO vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 37 | 4.06% | 5.76B | Nov 2023 | FDLO vs FELG |
Often Compared With FDLO
Investors most often compare FDLO with FULVX, VOO, FDRR. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FDLO with Any Fund or Stock
Compare FDLO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FDLO with funds that move differently
Fidelity Low Volatility Factor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDLO.
Explore FDLO Diversifiers