FLRG - ETF AI Analysis
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Fidelity U.S. Multifactor ETF (FLRG)
FLRG, the Fidelity U.S. Multifactor ETF, earns a solid overall rating thanks to its heavy exposure to high-quality tech leaders like Alphabet, Microsoft, Apple, and Nvidia, which all show strong financial performance and promising growth in areas such as cloud and AI. This strength is balanced by a few holdings with more mixed profiles, like Visa and AbbVie, where high valuations and some financial or technical concerns slightly weigh on the fund. The main risk factor is the ETF’s significant concentration in large U.S. technology and semiconductor names, which could make performance more sensitive to shifts in that sector.
FLRG vs. SPDR S&P 500 ETF (SPY)
- AUM
- 294.94M
- Region
- North America
- Expense Ratio
- 0.15%
- Beta
- 0.83
- Issuer
- Fidelity
- Inception Date
- Sep 15, 2020
- Dividend Yield
- 1.41%
- Asset Class
- Equity
- Index Tracked
- Fidelity U.S. Multifactor Index
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 focus on technology, finance, and health care. Well-known holdings include Apple, Nvidia, Microsoft, and Alphabet (Google’s parent company). The fund uses a rules-based approach to pick stocks it believes offer a mix of quality, value, and steady performance, giving investors broad U.S. stock market exposure in a single investment. A key risk is that it can still rise or fall with the overall U.S. stock market, especially tech stocks.
How much will it cost me?
This ETF has an expense ratio of 0.15%, which means you’ll pay about $1.50 per year for every $1,000 you invest. That cost is slightly higher than the cheapest broad index ETFs because this fund is actively managed using a multifactor strategy rather than being a simple passive index tracker.
What would affect this ETF?
FLRG could benefit if the U.S. economy stays healthy, large technology and healthcare companies like Nvidia, Apple, and Microsoft keep growing, and interest rates stabilize or fall, which often supports big U.S. stocks. On the other hand, a slowdown in the U.S. economy, higher interest rates, or tighter rules on major tech and energy firms could hurt its performance, especially given its heavy tilt toward U.S. technology and other large-cap sectors.
FLRG Top 10 Holdings
FLRG is leaning heavily on Big Tech, with Nvidia, Apple, and Microsoft acting as the main engines of performance. Apple and Microsoft have been steadily rising, while Nvidia’s recent wobble suggests some momentum is cooling in semis. Alphabet has been lagging, putting a mild drag on the tech-heavy tilt. Outside of tech, Exxon Mobil is powering ahead on the energy side, and Johnson & Johnson plus AbbVie add a steady health care backbone. Overall, it’s a U.S.-centric, large-cap story dominated by a handful of influential tech names.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NVDA | Nvidia | 7.16% | $21.12M | $4.93T | 0.86% | 76Outperform |
 AAPL | Apple | 7.14% | $21.07M | $5.03T | 26.98% | 79Outperform |
 MSFT | Microsoft | 5.45% | $16.08M | $3.88T | -0.73% | 79Outperform |
 GOOGL | Alphabet Class A | 4.21% | $12.41M | $3.41T | -0.58% | 85Outperform |
 AVGO | Broadcom | 2.39% | $7.06M | $1.56T | -13.38% | 76Outperform |
 XOM | Exxon Mobil | 1.89% | $5.58M | $769.96B | 63.27% | 74Outperform |
 V | Visa | 1.88% | $5.56M | $782.42B | 19.87% | 70Outperform |
 MU | Micron | 1.67% | $4.93M | $1.00T | 294.96% | 79Outperform |
 JNJ | Johnson & Johnson | 1.60% | $4.72M | $657.68B | 44.51% | 78Outperform |
 ABBV | AbbVie | 1.50% | $4.42M | $521.11B | 29.22% | 66Neutral |
FLRG Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FLRG, the sentiment is Neutral. The current price of 41.69 is below the 20-day moving average (MA) of 42.00, below the 50-day MA of 41.93, and above the 200-day MA of 40.05, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 44.28 is Neutral, neither overbought nor oversold. The STOCH value of 53.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FLRG.
FLRG Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FLRG | $41.69 | $47.00(12.74% Upside) | $294.94M | 0.15% | 73Outperform |
 HLAL | $71.52 | $91.83(28.39% Upside) | $972.36M | 0.50% | 76Outperform |
 SEUS | $25.65 | $30.94(20.62% Upside) | $946.37M | 0.30% | 73Outperform |
 BGDV | $31.27 | $37.25(19.11% Upside) | $877.55M | 0.45% | 74Outperform |
 AUSF | $51.89 | $57.33(10.48% Upside) | $902.41M | 0.27% | 71Outperform |
 AAUB | $49.94 | $60.90(21.95% Upside) | $845.51M | 0.10% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FLRG | Fidelity U.S. Multifactor ETF | 41.69 | 4.41 | 11.82% | |
| HLAL | Wahed FTSE USA Shariah ETF | 71.52 | 10.37 | 16.96% | |
| SEUS | SEI QiM U.S. Equity Factor Allocation Active ETF | 25.65 | 0.39 | 1.53% | |
| BGDV | Bahl & Gaynor Dividend ETF | 31.27 | 5.03 | 19.16% | |
| AUSF | Global X Adaptive U.S. Factor ETF | 51.89 | 8.17 | 18.69% | |
| AAUB | Alpha Architect US Equity 4 ETF | 49.94 | 0.45 | 0.91% |
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.