FDLO Performance — Fidelity Low Volatility Factor ETF
Data updated: 2026-10-13
FDLO returned +8.35% year to date and +15.55% over one year to Jul 2026. Annualised returns are +13.69% over 3 years and +9.63% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $147, against $153 for the category, and to $116 over one year, against $116. Volatility over the past three years was 10.22% a year. In the 12 months to Jul 2026 the fund took in a net $5.8M, and assets reached $1.42B.
FDLO Growth of $100
What $100 invested in Fidelity Low Volatility Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FDLO | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $116 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $158 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $219 | $226 |
FDLO Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.35% |
| 1 year | +15.55% |
| 3 years (annualised) | +13.69% |
| 5 years (annualised) | +9.63% |
FDLO Annual Returns
Calendar-year total returns of Fidelity Low Volatility Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +8.35% |
| 2025 | +11.98% |
| 2024 | +16.06% |
| 2023 | +16.29% |
| 2022 | −10.37% |
| 2021 | +23.78% |
| 2020 | +12.44% |
| 2019 (Aug–Dec) | +7.22% |
FDLO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9% | +0.5% | −5.0% | +6.9% | +1.9% | −2.6% | +5.0% | — | — | — | — | — |
| 2025 | +3.1% | +0.4% | −2.8% | −1.8% | +2.8% | +3.0% | +0.5% | +2.7% | +2.0% | −0.1% | +3.2% | −1.3% |
| 2024 | +1.9% | +2.7% | +1.9% | −4.0% | +3.4% | +2.6% | +2.6% | +3.5% | +1.6% | −1.5% | +4.4% | −3.6% |
| 2023 | +2.4% | −3.1% | +4.2% | +2.7% | −2.0% | +5.1% | +1.8% | −0.5% | −3.9% | −0.3% | +7.1% | +2.3% |
| 2022 | −6.0% | −2.2% | +4.2% | −5.9% | +0.4% | −5.0% | +6.6% | −4.2% | −7.6% | +9.2% | +5.3% | −4.0% |
| 2021 | −2.7% | +1.0% | +4.5% | +5.3% | −0.1% | +2.6% | +3.5% | +2.4% | −4.6% | +6.4% | −1.9% | +5.9% |
| 2020 | +1.1% | −8.0% | −12.8% | +11.1% | +5.3% | +0.6% | +4.8% | +5.6% | −1.9% | −3.5% | +9.1% | +3.0% |
| 2019 | — | — | — | — | — | — | — | +0.5% | +0.7% | +1.1% | +2.6% | +2.0% |
FDLO Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 10.22%
- 3-year Sharpe ratio: 0.90 (vs 4.5% risk-free rate)
- Best month: +7.14% (Nov 2023)
- Worst month: −4.97% (Mar 2026)
FDLO Fund Flows
Monthly money in and out of Fidelity Low Volatility Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $5.8M
- 12-month gross sales (incl. reinvestments): $465.3M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $17.6M | −$17.6M |
| Jun 2026 | $0 | $7.0M | −$7.0M |
| May 2026 | $15.1M | $20.7M | −$5.7M |
| Apr 2026 | $0 | $43.7M | −$43.7M |
| Mar 2026 | $13.1M | $52.1M | −$39.0M |
| Feb 2026 | $108.7M | $122.8M | −$14.1M |
| Jan 2026 | $0 | $30.2M | −$30.2M |
| Dec 2025 | $23.5M | $36.8M | −$13.3M |
| Nov 2025 | $49.2M | $0 | $49.2M |
| Oct 2025 | $42.9M | $0 | $42.9M |
| Sep 2025 | $55.5M | $0 | $55.5M |
| Aug 2025 | $157.3M | $128.7M | $28.7M |
FDLO Assets Under Management
Net assets of Fidelity Low Volatility Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.42B |
| 2026-04-30 | $1.40B |
| 2026-01-31 | $1.47B |
| 2025-10-31 | $1.42B |
| 2025-07-31 | $1.24B |
| 2025-04-30 | $1.16B |
| 2025-01-31 | $1.38B |
| 2024-10-31 | $1.25B |
| 2024-07-31 | $1.14B |
| 2024-04-30 | $1.01B |
| 2024-01-31 | $1.04B |
| 2023-10-31 | $610.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.