Fidelity InvestmentsLarge BlendFLRG · NYSE Arca

Fidelity U.S. Multifactor ETF (FLRG)

Compare Multifactor & Other ETFs Compare with others

Price: $42.02; —11 Sept 2026
Assets: $295.8M; Total net assets
Expense ratio: 0.15%; Category 0.72%
Yield: 1.34%; Trailing distributions

1Y return: 11.6%-3.9%; Category 15.6%
3Y CAGR: 18.2%-0.9%; Category 19.2%
5Y CAGR: 12.0%+0.6%; Category 11.4%

Loading NAV history…

Fidelity U.S. Multifactor ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.7%	+3.7%	+13.6%	+11.5%	+11.6%	+18.2%	+12.0%	—	+15.4%
Large Blend average	-1.7%	2.7%	14.8%	12.0%	15.6%	19.2%	11.4%	14.1%	14.5%
Difference	0.0%	+1.1%	-1.1%	-0.5%	-3.9%	-0.9%	+0.6%	—	+1.0%

Holdings

The 9 largest positions make up 33.9% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
NVDA	NVIDIA Corp	7.51%
AAPL	Apple Inc	6.57%
MSFT	Microsoft Corp	5.32%
GOOGL	Alphabet Inc Class A	5.16%
AVGO	Broadcom Inc	2.60%
V	Visa Inc Class A	1.77%
MU	Micron Technology Inc	1.73%
XOM	ExxonMobil Holdings Corp	1.68%
JNJ	Johnson & Johnson	1.57%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 18.0
P/B: 4.0
P/S: 3.1
P/CF: 13.9

Sector allocation

Share of the equity the fund holds.

Technology38.1%
Financial services12.2%
Consumer discretionary10.2%
Health care9.9%
Communication services9.0%
Industrials6.3%
Energy4.7%
Consumer staples4.3%
Materials2.4%
Real estate2.0%
Utilities0.8%

Asset mix

Stocks98.2%
Cash1.6%
Other0.2%

Credit quality

Share of the bonds by rating.

US government0.0%

ETF details

Issuer: Fidelity Investments
Category: Equity · Large Blend
Ticker: FLRG
Exchange: NYSE Arca
Inception: 15 Sept 2020 (6.0 years)
Structure: Exchange Traded Fund
Expense ratio: 0.15% (category 0.72%)
Holdings turnover: 43% (category 95%)
Distribution yield: 1.34%
Beta, 3 years: 0.83
Total net assets: $295.8M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other large blend ETFs

Other ETFs in the Large Blend category.

Compare Multifactor & Other ETFs