FLRG Performance — Fidelity U.S. Multifactor ETF
Data updated: 2026-10-13
FLRG returned +10.07% year to date and +16.39% over one year to Jul 2026. Annualised returns are +17.59% over 3 years and +11.89% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $163, against $153 for the category, and to $116 over one year, against $116. Volatility over the past three years was 11.41% a year. In the 12 months to Jul 2026 the fund took in a net $8.7M, and assets reached $290.45M.
FLRG Growth of $100
What $100 invested in Fidelity U.S. Multifactor 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 | FLRG | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $116 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $163 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $175 | $159 |
| Since data start (Sep 2020 – Jul 2026) | $231 | $198 |
FLRG Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.07% |
| 1 year | +16.39% |
| 3 years (annualised) | +17.59% |
| 5 years (annualised) | +11.89% |
FLRG Annual Returns
Calendar-year total returns of Fidelity U.S. Multifactor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.07% |
| 2025 | +13.93% |
| 2024 | +23.58% |
| 2023 | +18.08% |
| 2022 | −10.90% |
| 2021 | +29.39% |
| 2020 (Sep–Dec) | +9.50% |
FLRG 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 | +1.8% | −0.7% | −3.6% | +8.1% | +3.4% | −0.1% | +1.2% | — | — | — | — | — |
| 2025 | +3.9% | −1.3% | −4.0% | −0.7% | +5.9% | +3.4% | +0.7% | +2.8% | +3.7% | −1.4% | +0.8% | −0.2% |
| 2024 | +2.1% | +3.7% | +4.0% | −4.8% | +5.7% | +3.1% | +2.9% | +2.9% | +1.7% | −0.4% | +5.4% | −4.4% |
| 2023 | +3.8% | −2.4% | +2.6% | +2.1% | −2.1% | +6.0% | +2.1% | 0.0% | −3.9% | −1.9% | +7.0% | +4.0% |
| 2022 | −4.1% | −3.3% | +1.9% | −5.5% | +2.0% | −8.0% | +8.0% | −3.5% | −7.6% | +9.7% | +5.2% | −4.4% |
| 2021 | −0.5% | +1.5% | +5.6% | +5.3% | +0.4% | +2.7% | +3.9% | +2.4% | −5.1% | +5.3% | −1.3% | +6.4% |
| 2020 | — | — | — | — | — | — | — | — | 0.0% | −2.7% | +8.6% | +3.7% |
FLRG Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.41%
- 3-year Sharpe ratio: 1.15 (vs 4.5% risk-free rate)
- Best month: +8.13% (Apr 2026)
- Worst month: −4.75% (Apr 2024)
FLRG Fund Flows
Monthly money in and out of Fidelity U.S. Multifactor ETF, from SEC Form N-PORT.
- 12-month net flow: $8.7M
- 12-month gross sales (incl. reinvestments): $73.6M
- Sales ÷ redemptions: 1.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $2.0M | −$2.0M |
| Jun 2026 | $0 | $2.0M | −$2.0M |
| May 2026 | $2.0M | $2.0M | −$21K |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $1.9M | −$1.9M |
| Feb 2026 | $36.4M | $36.5M | −$101K |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $1.9M | $0 | $1.9M |
| Nov 2025 | $0 | $1.9M | −$1.9M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $3.8M | $0 | $3.8M |
| Aug 2025 | $29.5M | $18.5M | $11.0M |
FLRG Assets Under Management
Net assets of Fidelity U.S. Multifactor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $290.45M |
| 2026-04-30 | $282.64M |
| 2026-01-31 | $276.24M |
| 2025-10-31 | $271.19M |
| 2025-07-31 | $244.23M |
| 2025-04-30 | $205.79M |
| 2025-01-31 | $203.84M |
| 2024-10-31 | $175.22M |
| 2024-07-31 | $121.74M |
| 2024-04-30 | $101.66M |
| 2024-01-31 | $75.19M |
| 2023-10-31 | $36.33M |
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.