ATLASFidelity Low Volatility Factor ETF (FDLO): outlook, holdings and fees
Fidelity Low Volatility Factor ETF (FDLO) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.14% and the yield is 1.38%. The ten largest holdings are 37% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDLO
| Last price | $74.96 (+0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 60% |
| Likely 1-month range (50%) | $74.23 – $76.54 |
| Normal 1-day range (±1σ) | ±0.5% |
| Distribution yield | 1.38% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDLO fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Volatility |
| Assets under management | $1.5B |
| Expense ratio | 0.14% |
| Number of holdings | 49 |
| Portfolio turnover | 46% |
| Inception | Sep 12, 2016 |
| Exchange | NYSE |
The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index", which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market. It invests in lending securities to earn income for the fund.
FDLO top holdings
| Holding | Sector | Weight |
|---|---|---|
| Apple Inc. AAPL | Technology | 8.42% |
| Microsoft Corporation MSFT | Technology | 7.01% |
| Alphabet Inc Class A GOOGL | Communication Services | 5.38% |
| Amazon.com Inc AMZN | Consumer Cyclical | 3.76% |
| Broadcom Inc AVGO | Technology | 3.38% |
| Meta Platforms Inc. META | Communication Services | 2.48% |
| Cisco Systems Inc CSCO | Technology | 1.90% |
| Accenture plc ACN | Technology | 1.75% |
| Berkshire Hathaway Inc BRK-B | Financial Services | 1.67% |
| Texas Instruments Incorporated TXN | Technology | 1.66% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDLO sector breakdown
| Sector | Weight |
|---|---|
| Technology | 38.4% |
| Financial Services | 11.8% |
| Healthcare | 10.2% |
| Communication Services | 9.5% |
| Consumer Cyclicals | 8.6% |
| Industrials | 8.0% |
| Consumer Defensive | 4.4% |
| Energy | 3.8% |
| Utilities | 2.0% |
| Real Estate | 1.7% |
| Basic Materials | 1.6% |
By region: North America 99.0%, Europe Developed 0.9%, United Kingdom 0.1%.
FDLO returns and risk
| Year to date | +10.8% |
|---|---|
| 1 year | +15.4% |
| 3 years (annualised) | +15.1% |
| 5 years (annualised) | +10.2% |
| 10 years (annualised) | +13.5% |
| Volatility (3 years) | 10.4% |
| Sharpe ratio (3 years) | 1.00 |
Past returns do not guarantee future results.
FDLO: frequently asked questions
What does FDLO invest in?
Fidelity Low Volatility Factor ETF invests in a portfolio of securities. Its largest holdings are Apple Inc. (8.4%), Microsoft Corporation (7.0%), Alphabet Inc Class A (5.4%), Amazon.com Inc (3.8%), Broadcom Inc (3.4%).
What is the FDLO expense ratio?
0.14% a year: about $14.00 for every $10,000 invested.
What is the FDLO dividend yield?
1.38%. ATLAS does not hold the exact distribution dates for ETFs.
Will FDLO go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 60%, with a likely range (50%) of $74.23 to $76.54 from $74.96 today. It is a probability, not a prediction.
How has FDLO performed?
Year to date +10.8%, one year +15.4%, three years +15.1% a year, five years +10.2% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer