FLRG - ETF AI Analysis
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Fidelity U.S. Multifactor ETF (FLRG)
Rating:75Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past month, showing positive recent momentum.
Leading Growth Companies in Top Holdings
Several major positions like Nvidia, Alphabet, Broadcom, Meta, Exxon Mobil, Argan, and Johnson & Johnson have shown strong year-to-date performance, helping support the fund’s returns.
Low Expense Ratio
The fund’s relatively low fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy Tilt Toward Technology
With a large share of assets in technology stocks, the ETF is more exposed to swings in that sector than a more evenly balanced fund.
Concentration in a Few Big Names
A handful of large holdings such as Nvidia, Apple, Alphabet, and Microsoft make up a significant portion of the portfolio, increasing the impact if any of these stocks struggle.
Mixed Performance Among Top Holdings
Some key positions like Apple, Microsoft, and Visa have shown weaker year-to-date performance, which can drag on overall returns if the trend continues.
FLRG vs. SPDR S&P 500 ETF (SPY)
AUM286.72M
RegionNorth America
Expense Ratio0.15%
Beta0.86
IssuerFidelity
Inception DateSep 15, 2020
Dividend Yield1.38%
Asset ClassEquity
Index TrackedFidelity U.S. Multifactor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume18,605
30 Day Avg. Volume19,947
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
48.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering98
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FLRG Summary
Fidelity U.S. Multifactor ETF (FLRG) tracks the Fidelity U.S. Multifactor Index, which focuses on large U.S. companies chosen for traits like solid finances, reasonable prices, and steadier price moves. It holds many well-known names such as Apple and Nvidia, and spreads your money across sectors like technology, finance, and health care. Someone might invest in FLRG to get broad U.S. stock market exposure with an added focus on quality and diversification in a single fund. A key risk is that it is heavily invested in U.S. stocks, especially 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 on U.S. tech and AI, with Nvidia, Apple, Alphabet, and Microsoft forming the core engine. Micron is the clear standout, surging on AI memory demand and giving the fund a strong tailwind, while Argan quietly adds steady industrial strength. On the flip side, Microsoft and Meta have been losing steam lately, acting as a mild drag, and Exxon Mobil’s recent softness isn’t helping. Overall, this is a U.S.-only fund whose story is dominated by Big Tech and semiconductors, with other sectors playing more of a supporting role.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.12% | $20.51M | $4.71T | 22.22% | 76 Outperform | |
| Apple | 6.45% | $18.61M | $4.53T | 47.93% | 79 Outperform | |
| Alphabet Class A | 5.59% | $16.12M | $4.34T | 110.50% | 85 Outperform | |
| Microsoft | 4.29% | $12.36M | $2.90T | -22.12% | 79 Outperform | |
| Broadcom | 2.75% | $7.93M | $1.71T | 36.42% | 76 Outperform | |
| Micron | 2.23% | $6.44M | $1.10T | 654.20% | 79 Outperform | |
| Meta Platforms | 2.06% | $5.94M | $1.48T | -14.58% | 76 Outperform | |
| Argan | 1.88% | $5.43M | $9.90B | 227.45% | 73 Outperform | |
| Visa | 1.68% | $4.83M | $682.30B | -0.66% | 70 Outperform | |
| Johnson & Johnson | 1.59% | $4.57M | $633.19B | 71.54% | 78 Outperform |
FLRG Technical Analysis
Positive
―
Price Trends
40.50
Positive
39.14
Positive
38.46
Positive
Market Momentum
0.16
Negative
59.13
Neutral
84.93
Negative
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 40.62, equal to the 50-day MA of 40.50, and equal to the 200-day MA of 38.46, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 59.13 is Neutral, neither overbought nor oversold. The STOCH value of 84.93 is Negative, 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
41.06
5.51
15.50%
SYLD
Cambria Shareholder Yield ETF
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FDMO
Fidelity Momentum Factor ETF
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HLAL
Wahed FTSE USA Shariah ETF
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ULTY
YieldMax Ultra Option Income Strategy ETF
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AUSF
Global X Adaptive U.S. Factor 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.
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: ―
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