Key stats
About FIDELITY INTERNATIONAL LOW VOLATILITY ETF
Expense ratio
0.51%
Home page
Inception date
Jan 18, 2019
The fund is passively managed to build a low volatility portfolio of large- and mid-cap stocks from developed markets outside US and Canada. Taken from a universe of the largest 1,000 developed ex-North America stocks, eligible securities are ranked within their respective sectors based on a composite low volatility score, subject to a size factor adjustment. The composite score is the weighted average of three low volatility metrics: 5-year standard deviation of price returns, 5-year beta, and 5-year standard deviation of EPS. The resulting portfolio of about 60-100 stocks is weighted to increase exposure to low-volatility sectors. The index is rebalanced on a semi-annual basis.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Communications
Utilities
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.