Fidelity U.S. Multifactor ETF (FLRG)Large Blend | Exchange Traded Fund | NYSEArca
42.50 USD
-0.24
(-0.573%) ⇩
(Aug. 28, 2026, 3:54 p.m.
EDT)
After hours: 42.50 |
Hot Take ↕ | Aug. 22, 2026, 3:37 a.m. EDT
The multifactor strategy behind this ETF is currently stuck in a technical rut, trading flat against its 50-day moving average while the broader market likely rallies elsewhere. Despite a strong four-year price trajectory driven by massive gains in 2024 and 2025, the immediate outlook lacks the explosive momentum needed for a high-conviction entry; the statistical models even hint at a slight downward drift over the next month, suggesting caution for traders looking for quick pops. However, the long-term story remains compelling: the fund has delivered a robust 43% gain over the last four years, fueled by three consecutive years of positive annual returns, indicating that the underlying factor tilts are working effectively despite recent stagnation. On the income front, the yield sits at a modest 1.37%, which is typical for equity-focused factor funds but insufficient to drive capital allocation decisions on its own; investors here are paying for the potential of the strategy rather than relying on cash flow. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.013064 |
| MSTL | 0.015321 |
| AutoTheta | 0.015512 |
| AutoARIMA | 0.019576 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 57% |
| H-stat | 0.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.002 |
| Excess Kurtosis | 1.37 |
| Attribute | Value |
|---|---|
| Trailing P/E | 20.35 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.31% | 1.49% | 1.46% | 1.53% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-18 | 0.126 | 0.310192 |
| 2026-03-20 | 0.148 | 0.405668 |
| 2025-12-19 | 0.187 | 0.489401 |
| 2025-09-19 | 0.107 | 0.280398 |
| 2025-06-20 | 0.112 | 0.322024 |
| 2025-03-21 | 0.131 | 0.397814 |
| 2024-12-20 | 0.138 | 0.405167 |
| 2024-09-20 | 0.130 | 0.388350 |
| 2024-06-21 | 0.107 | 0.338286 |
| 2024-03-15 | 0.104 | 0.351328 |
| 2023-12-15 | 0.090 | 0.327511 |
| 2023-09-15 | 0.092 | 0.351951 |
| 2023-06-16 | 0.098 | 0.379845 |
| 2023-03-17 | 0.108 | 0.457743 |
| 2022-12-16 | 0.085 | 0.355411 |
| 2022-09-16 | 0.105 | 0.454545 |
| 2022-06-17 | 0.109 | 0.497876 |
| 2022-03-18 | 0.088 | 0.344234 |
| 2021-12-30 | 0.006 | 0.021978 |
| 2021-12-17 | 0.114 | 0.432638 |
| 2021-09-17 | 0.084 | 0.330124 |
| 2021-06-18 | 0.108 | 0.452091 |
| 2021-03-19 | 0.060 | 0.269748 |
| 2020-12-18 | 0.314 | 1.475356 |
| Attribute | Value |
|---|---|
| All Time High | 43.05 |
| All Time Low | 19.15 |
| Ask | 42.52 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 9,280 |
| Average Daily Volume3 Month | 16,198 |
| Average Volume | 16,198 |
| Average Volume10Days | 9,280 |
| Beta3 Year | 0.82 |
| Bid | 42.47 |
| Bid Size | 500 |
| Category | Large Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 42.765 |
| Day Low | 42.45 |
| Dividend Yield | 1.37 |
| Eps Trailing Twelve Months | 2.0878487 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 41.59648 |
| Fifty Day Average Change | 0.8986168 |
| Fifty Day Average Change Percent | 0.021603193 |
| Fifty Two Week Change Percent | 14.326072 |
| Fifty Two Week High | 43.05 |
| Fifty Two Week High Change | -0.5549011 |
| Fifty Two Week High Change Percent | -0.01288969 |
| Fifty Two Week Low | 35.945 |
| Fifty Two Week Low Change | 6.5500984 |
| Fifty Two Week Low Change Percent | 0.18222558 |
| Fifty Two Week Range | 35.945 - 43.05 |
| First Trade Date Milliseconds | 1,600,435,800,000 |
| Five Year Average Return | 0.1202804 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.244904 |
| Fullday Change Percent | -0.573008 |
| Fullday Price | 42.4951 |
| Fund Family | Fidelity Investments |
| Fund Inception Date | 1,600,128,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market. |
| Long Name | Fidelity U.S. Multifactor ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_657267586 |
| Nav Price | 42.70544 |
| Net Assets | 290,445,952.0 |
| Net Expense Ratio | 0.15 |
| Open | 42.72 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 42.4951 |
| Post Market Time | 1,787,959,804 |
| Previous Close | 42.74 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.244904 |
| Regular Market Change Percent | -0.573008 |
| Regular Market Day High | 42.765 |
| Regular Market Day Low | 42.45 |
| Regular Market Day Range | 42.45 - 42.765 |
| Regular Market Open | 42.72 |
| Regular Market Previous Close | 42.74 |
| Regular Market Price | 42.4951 |
| Regular Market Time | 1,787,946,871 |
| Regular Market Volume | 7,122 |
| Short Name | Fidelity U.S. Multifactor ETF |
| Source Interval | 15 |
| Symbol | FLRG |
| Three Year Average Return | 0.1958539 |
| Total Assets | 290,445,952 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 20.353533 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.55241 |
| Trailing Three Month Returns | 4.55241 |
| Triggerable | 1 |
| Two Hundred Day Average | 39.41296 |
| Two Hundred Day Average Change | 3.082138 |
| Two Hundred Day Average Change Percent | 0.07820113 |
| Type Disp | ETF |
| Volume | 7,122 |
| Yield | 0.0137 |
| Ytd Return | 10.06221 |