Fidelity U.S. Multifactor ETF (FLRG) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FLRG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLRG
FLRG charges 0.29% annually. There are 56 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | FLRG vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | FLRG vs ILCB | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | FLRG vs SPYG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | FLRG vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | FLRG vs SCHG |
Best Risk-Adjusted Alternatives to FLRG
FLRG has a PortfoliosLab risk / return rank of 49. There are 75 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | FLRG vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | FLRG vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | FLRG vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | FLRG vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | FLRG vs BIBL |
Top Performing FLRG Alternatives (YTD)
FLRG is at 6.95% YTD. There are 107 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | FLRG vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | FLRG vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | FLRG vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | FLRG vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | FLRG vs RPG |
Lowest Volatility Alternatives to FLRG
FLRG has 10.56% 1-year volatility. There are 9 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | FLRG vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | FLRG vs QUS | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | FLRG vs DGRO | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | FLRG vs PFM | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | FLRG vs TDVG |
Lowest Drawdown Alternatives to FLRG
FLRG has a 1-year max drawdown of -7.16%. There are 6 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | FLRG vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | FLRG vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | FLRG vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | FLRG vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | FLRG vs QUS |
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 | 60 | 23.56% | 21.38B | Oct 2013 | FLRG vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 64 | 8.39% | 9.77B | Sep 2016 | FLRG vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -28.83% | 13.40B | Jan 2024 | FLRG vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 35 | 0.72% | 26.06B | Oct 2014 | FLRG vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 54 | 10.75% | 10.92B | Sep 2003 | FLRG vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 10.08% | 6.91B | Jun 2020 | FLRG vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 61 | 8.65% | 7.64B | Apr 2007 | FLRG vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.83% | 2.35B | Oct 2013 | FLRG vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -44.11% | 994.18M | Jul 2024 | FLRG vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 2.26% | 5.76B | Nov 2023 | FLRG vs FELG |
Often Compared With FLRG
Investors most often compare FLRG with FMIL, FSMD, VOO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare FLRG with Any Fund or Stock
Compare FLRG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLRG with funds that move differently
Fidelity U.S. Multifactor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLRG.
Explore FLRG Diversifiers