Fidelity Low Volatility Factor ETF (FDLO) belongs to the Low Volatility 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 0.15% annually. There are 4 ETFs in the Low Volatility category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P 500 Minimum Variance ETF | 0.10% | 3.55M | Jul 2017 | FDLO vs SPMV | |
| SPDR SSGA US Large Cap Low Volatility Index ETF | 0.12% | 1.21B | Feb 2013 | FDLO vs LGLV | |
| SPDR SSGA US Small Cap Low Volatility Index ETF | 0.12% | 258.53M | Feb 2013 | FDLO vs SMLV | |
| Vanguard U.S. Minimum Volatility ETF | 0.13% | 418.00M | Feb 2018 | FDLO vs VFMV | |
| SEI Enhanced Low Volatility US Large Cap ETF | 0.15% | 168.13M | May 2022 | FDLO vs SELV |
Best Risk-Adjusted Alternatives to FDLO
FDLO has a PortfoliosLab risk / return rank of 72. There are 11 ETFs in the Low Volatility category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 97 | 5.48B | Jul 2016 | FDLO vs LVHI | |
| Franklin Liberty U.S. Low Volatility ETF | 96 | 112.15M | Sep 2016 | FDLO vs FLLV | |
| VictoryShares International Volatility Wtd ETF | 93 | 31.30M | Aug 2015 | FDLO vs CIL | |
| VictoryShares US Multi-Factor Minimum Volatility E... | 93 | 155.09M | Jun 2017 | FDLO vs VSMV | |
| SPDR SSGA US Small Cap Low Volatility Index ETF | 89 | 258.53M | Feb 2013 | FDLO vs SMLV |
Top Performing FDLO Alternatives (YTD)
FDLO is at 8.41% YTD. There are 28 ETFs in the Low Volatility category with higher YTD returns, going as high as 25.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS Monthly Pay 2xLeveraged US High Dividend Lo... | 25.12% | 5.73M | Oct 2019 | FDLO vs HDLB | |
| SPDR SSGA US Small Cap Low Volatility Index ETF | 23.05% | 258.53M | Feb 2013 | FDLO vs SMLV | |
| Franklin International Low Volatility High Dividen... | 18.29% | 5.48B | Jul 2016 | FDLO vs LVHI | |
| VictoryShares US EQ Income Enhanced Volatility Wtd... | 17.48% | 737.76M | Jul 2014 | FDLO vs CDC | |
| VictoryShares US Large Cap High Dividend Volatilit... | 17.17% | 400.62M | Jul 2015 | FDLO vs CDL |
Lowest Volatility Alternatives to FDLO
FDLO has 9.15% 1-year volatility. There are 6 ETFs in the Low Volatility category with lower 1-year volatility, going as low as 6.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | 6.80% | 31.30M | Aug 2015 | FDLO vs CIL | |
| FlexShares US Quality Low Volatility Index Fund | 7.88% | 163.65M | Jul 2019 | FDLO vs QLV | |
| iShares MSCI Global Min Vol Factor ETF | 8.08% | 3.32B | Oct 2011 | FDLO vs ACWV | |
| Franklin Liberty U.S. Low Volatility ETF | 8.40% | 112.15M | Sep 2016 | FDLO vs FLLV | |
| iShares MSCI USA Min Vol Factor ETF | 8.56% | 23.62B | Oct 2011 | FDLO vs USMV |
Lowest Drawdown Alternatives to FDLO
FDLO has a 1-year max drawdown of -7.13%. There are 20 ETFs in the Low Volatility category with shallower 1-year drawdowns, going as shallow as -4.60%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | -4.60% | 31.30M | Aug 2015 | FDLO vs CIL | |
| 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% | 155.09M | Jun 2017 | FDLO vs VSMV | |
| VictoryShares US Large Cap High Dividend Volatilit... | -5.66% | 400.62M | Jul 2015 | FDLO vs CDL | |
| VictoryShares US EQ Income Enhanced Volatility Wtd... | -5.67% | 737.76M | Jul 2014 | FDLO vs CDC |
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 $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 52 | 20.47% | 20.96B | Oct 2013 | FDLO vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 78 | 12.19% | 9.74B | Sep 2016 | FDLO vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 1 | -28.23% | 10.22B | Jan 2024 | FDLO vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 30 | -0.33% | 26.62B | Oct 2014 | FDLO vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 47 | 10.15% | 10.69B | Sep 2003 | FDLO vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 37 | 9.01% | 6.97B | Jun 2020 | FDLO vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 77 | 12.07% | 7.88B | Apr 2007 | FDLO vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 21 | 4.79% | 2.35B | Oct 2013 | FDLO vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 3 | -37.25% | 750.93M | Jul 2024 | FDLO vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 27 | 2.21% | 5.65B | Nov 2023 | FDLO vs FELG |
Often Compared With FDLO
Investors most often compare FDLO with FULVX, VOO, FDRR. These 20 comparison targets span 15 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