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FLRG - ETF AI Analysis
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Fidelity U.S. Multifactor ETF (FLRG)
Rating:75Outperform
Price Target:―
Positive Factors
Low Expense Ratio
The fund charges relatively low fees, which helps investors keep more of their returns over time.
Broad Sector Diversification
Holdings spread across technology, financials, health care, consumer sectors, and more help reduce the impact of weakness in any single industry.
Exposure to Leading U.S. Companies
Top positions include many large, well-known U.S. companies, which can provide stability and participation in major market trends.
Negative Factors
Recent Mixed Performance
The ETF’s recent returns have been roughly flat, showing limited short-term momentum.
Heavy U.S. Concentration
With almost all assets in U.S. stocks, the fund offers little geographic diversification and is highly tied to the U.S. market.
Tech and Mega-Cap Tilt
A large weight in technology and several big-name stocks means the fund could be more sensitive to downturns in those companies or the tech sector overall.
FLRG vs. SPDR S&P 500 ETF (SPY)
AUM269.90M
RegionNorth America
Expense Ratio0.15%
Beta0.89
IssuerFidelity
Inception DateSep 15, 2020
Dividend Yield1.42%
Asset ClassEquity
Index TrackedFidelity U.S. Multifactor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume19,282
30 Day Avg. Volume21,108
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
45.25Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering98
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLRG Summary
FLRG is the Fidelity U.S. Multifactor ETF, which follows the Fidelity U.S. Multifactor Index. It invests in many large U.S. companies across different sectors, with a big focus on technology, finance, and communication services. Well-known holdings include Apple and Nvidia. The fund uses a rules-based approach to pick stocks it believes offer good value, quality, and stability, giving investors broad U.S. stock market exposure in a single investment. Someone might consider FLRG for long-term growth and diversification. A key risk is that it is heavily invested in U.S. stocks and tech, so its value can rise and fall sharply with that part of the market.
How much will it cost me?The Fidelity U.S. Multifactor ETF (FLRG) has an expense ratio of 0.16%, which means you’ll pay $1.60 per year for every $1,000 invested. This is lower than average because it’s passively managed, focusing on tracking a multifactor index rather than actively picking stocks.
What would affect this ETF?The Fidelity U.S. Multifactor ETF (FLRG) could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia, Microsoft, and Apple. However, it may face challenges if interest rates rise, potentially impacting the valuation of large-cap growth stocks, or if regulatory changes affect key industries like tech and healthcare. Broader economic conditions in the U.S., such as a potential slowdown or recession, could also influence the ETF's performance.
FLRG Top 10 Holdings
FLRG is leaning heavily into U.S. mega-cap tech, with Nvidia and Apple setting much of the tone. Nvidia remains a key engine, still rising on the AI wave, while Apple’s recent bounce is offset by a choppier few months. Alphabet looks steadier, but Microsoft has been losing steam lately and can quietly tug on returns. Beyond tech, Newmont and Lockheed Martin have been bright spots, helping balance out weaker names like Visa. Overall, this is a U.S.-only fund with a clear tilt toward Big Tech plus a few defensive and industrial anchors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.09% | $19.15M | $4.52T | 59.64% | 76 Outperform | |
| Apple | 6.14% | $16.59M | $3.83T | 18.11% | 79 Outperform | |
| Alphabet Class A | 5.11% | $13.81M | $3.73T | 87.17% | 85 Outperform | |
| Microsoft | 4.92% | $13.29M | $3.01T | 5.64% | 79 Outperform | |
| Broadcom | 2.78% | $7.50M | $1.62T | 75.86% | 76 Outperform | |
| Meta Platforms | 2.35% | $6.33M | $1.66T | 5.70% | 76 Outperform | |
| Exxon Mobil | 1.77% | $4.79M | $631.60B | 38.90% | 74 Outperform | |
| Johnson & Johnson | 1.63% | $4.41M | $585.58B | 49.21% | 78 Outperform | |
| Visa | 1.63% | $4.39M | $588.88B | -7.17% | 70 Outperform | |
| Mastercard | 1.44% | $3.89M | $449.47B | -3.93% | 75 Outperform |
FLRG Technical Analysis
Negative
―
Price Trends
38.31
Negative
38.07
Negative
37.21
Positive
Market Momentum
-0.12
Positive
43.42
Neutral
43.84
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLRG, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.21, equal to the 50-day MA of 38.31, and equal to the 200-day MA of 37.21, indicating a neutral trend. The MACD of -0.12 indicates Positive momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 43.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FLRG.
FLRG Peer Comparison
Comparison Results
Performance Comparison
FLRG
Fidelity U.S. Multifactor ETF
37.85
5.96
18.69%
ULTY
YieldMax Ultra Option Income Strategy ETF
―
―
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SYLD
Cambria Shareholder Yield ETF
―
―
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AUSF
Global X Adaptive U.S. Factor ETF
―
―
―
HLAL
Wahed FTSE USA Shariah ETF
―
―
―
PFM
Invesco Dividend Achievers ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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