FLRG - ETF AI Analysis
Top Page
Fidelity U.S. Multifactor ETF (FLRG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Overall Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum.
Leading Growth Companies in Top Holdings
Several of the largest positions, including major technology and healthcare names, have delivered strong returns, helping drive the fund’s results.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment gains can stay in investors’ pockets over time.
Negative Factors
Heavy Tilt Toward Technology
A large share of the portfolio is in the technology sector, which can make the fund more sensitive to swings in tech stocks.
Underperforming Mega-Cap Holdings
Some major positions, such as Microsoft and Meta Platforms, have recently shown weaker performance, which can drag on the fund’s returns.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the ETF offers little exposure to international markets and their potential benefits.
FLRG vs. SPDR S&P 500 ETF (SPY)
AUM291.71M
RegionNorth America
Expense Ratio0.15%
Beta0.85
IssuerFidelity
Inception DateSep 15, 2020
Dividend Yield1.35%
Asset ClassEquity
Index TrackedFidelity U.S. Multifactor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,653
30 Day Avg. Volume14,633
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
49.21Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering100
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 industries, with a big tilt toward technology and other major sectors. Well-known holdings include Apple and Nvidia. The fund uses a rules-based approach to pick stocks it views as higher quality or better priced, aiming for long-term growth and diversification in one simple investment. A key risk is that it is heavily invested in U.S. stocks, especially tech, so its value can rise and fall sharply with the overall stock market and technology sector.
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 on Big Tech and semiconductors, with Microsoft and Nvidia acting as twin engines for recent gains, thanks to strong momentum in cloud and AI. Alphabet has been more mixed, rising lately but still shaking off a softer stretch, while Apple and Broadcom feel like they’re losing a bit of steam and occasionally tugging on performance. Beyond tech, Micron’s surge adds extra fuel, and steady contributors like Exxon Mobil and Johnson & Johnson help smooth the ride. The fund is firmly U.S.-focused, with most of its story tied to America’s tech-heavy large caps.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.53% | $21.98M | $5.39T | 22.80% | 76 Outperform | |
| Apple | 6.87% | $20.04M | $4.60T | 41.97% | 79 Outperform | |
| Microsoft | 5.23% | $15.27M | $3.65T | -3.42% | 79 Outperform | |
| Alphabet Class A | 5.13% | $14.96M | $4.03T | 38.37% | 85 Outperform | |
| Broadcom | 2.57% | $7.49M | $1.73T | 0.33% | 76 Outperform | |
| Micron | 1.79% | $5.22M | $1.16T | 549.14% | 79 Outperform | |
| Exxon Mobil | 1.75% | $5.10M | $675.30B | 47.34% | 74 Outperform | |
| Visa | 1.73% | $5.06M | $685.93B | 6.90% | 70 Outperform | |
| Johnson & Johnson | 1.59% | $4.65M | $643.64B | 49.22% | 78 Outperform | |
| AbbVie | 1.34% | $3.90M | $443.39B | 15.79% | 66 Neutral |
FLRG Technical Analysis
Positive
―
Price Trends
41.89
Positive
41.11
Positive
39.47
Positive
Market Momentum
>-0.01
Positive
46.82
Neutral
12.19
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLRG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 42.41, equal to the 50-day MA of 41.89, and equal to the 200-day MA of 39.47, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.82 is Neutral, neither overbought nor oversold. The STOCH value of 12.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FLRG.
FLRG Peer Comparison
Comparison Results
Performance Comparison
FLRG
Fidelity U.S. Multifactor ETF
42.01
4.50
12.00%
HLAL
Wahed FTSE USA Shariah ETF
―
―
―
FDMO
Fidelity Momentum Factor ETF
―
―
―
AUSF
Global X Adaptive U.S. Factor ETF
―
―
―
AVTM
Avantis Total Equity Markets ETF
―
―
―
BGDV
Bahl & Gaynor Dividend ETF
―
―
―
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.
DisclaimerThis 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: ―
Table of Contents