FIDELITY U.S. MULTIFACTOR ETF (FLRG) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.87: the stock has moved about 13% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFIDELITY U.S. MULTIFACTOR ETF (FLRG) trades at $41.61. FIDELITY U.S. MULTIFACTOR ETF (FLRG) aims to provide investment results that correspond to the performance of U.S. equities exhibiting value, quality, low volatility, and momentum characteristics. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for FLRG: FLRG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
FIDELITY U.S. MULTIFACTOR ETF (FLRG) Financial Services Profile
FIDELITY U.S. MULTIFACTOR ETF (FLRG) offers investors exposure to U.S. equities screened for value, quality, low volatility, and momentum factors, while mitigating size-related biases. As an asset management product, FLRG competes with other factor-based ETFs, providing a diversified approach to factor investing within the financial services sector.
What Is the Investment Thesis for FLRG?
The ETF's focus on value, quality, low volatility, and momentum factors offers the potential for enhanced risk-adjusted returns. With a market capitalization of $0.28 billion and a beta of 0.87, FLRG provides a relatively stable investment profile. Key value drivers include the fund's ability to consistently capture the benefits of its targeted factors and its expense ratio compared to similar ETFs. Growth catalysts include increasing investor demand for factor-based investment strategies and the potential for outperformance during specific market cycles. Potential risks include factor performance cyclicality and the possibility of underperformance relative to broader market indexes during certain periods.
Based on FMP financials and quantitative analysis
FLRG Key Highlights
Market Cap: $0.28B indicates the fund's size and potential liquidity.
- Beta: 0.87 suggests lower volatility compared to the overall market.
- Focus on value, quality, low volatility, and momentum factors aims to enhance risk-adjusted returns.
- Constrained exposure to the size factor provides a more balanced portfolio.
- Managed by Fidelity, a reputable asset management firm.
Who Are FLRG's Competitors?
FLRG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BNKU MicroSectors U.S. Big Banks 3 Leveraged ETN | $32.31 | +0.72% | $338M | — |
| DXUV Dimensional - US Vector Equity ETF | $67.93 | +0.77% | $485M | — |
| FCPI FIDELITY STOCKS FOR INFLATION ETF | $56.62 | +0.57% | $286M | — |
| FDEM FIDELITY EMERGING MARKETS MULTIFACTOR ETF | $35.88 | +0.77% | $283M | — |
| FIVA FIDELITY INTERNATIONAL VALUE FACTOR ETF | $37.93 | +0.66% | $358M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FLRG's Key Strengths?
Exposure to multiple factors (value, quality, low volatility, momentum).
- Constrained exposure to the size factor.
- Managed by Fidelity, a reputable asset management firm.
- Relatively low beta (0.87) indicates lower volatility.
What Are FLRG's Weaknesses?
Dependence on factor performance.
- Potential for underperformance relative to broader market indexes.
- Management fees can impact returns.
- No dividend yield.
What Are the Key Risks for FLRG?
Factor performance cyclicality.
- Underperformance relative to broader market indexes during certain periods.
- Competition from other factor-based ETFs.
- Market volatility and economic downturns.
- Changes in investor sentiment and preferences.
What Are FLRG's Competitive Advantages?
- Brand recognition: Fidelity is a well-known and trusted brand in the asset management industry.
- Scale: Fidelity's size and resources provide economies of scale in managing the ETF.
- Factor expertise: Fidelity has expertise in developing and managing factor-based investment strategies.
What Does FLRG Do?
FIDELITY U.S. MULTIFACTOR ETF (FLRG) is designed to track the performance of U.S. companies that exhibit a combination of desirable investment factors, including value, quality, low volatility, and momentum. The fund aims to capture the benefits of these factors, which have historically been associated with higher risk-adjusted returns. FLRG constrains its exposure to the size factor, meaning it seeks to avoid over-concentration in either very large or very small companies. This approach is intended to provide a more balanced and diversified portfolio. The ETF operates within the asset management industry, offering investors a convenient and cost-effective way to access a multi-factor investment strategy. By focusing on factor-based investing, FLRG seeks to deliver superior long-term performance compared to traditional market-cap-weighted indexes. The fund's investment strategy involves quantitative analysis and stock selection based on the identified factors. FLRG is managed by Fidelity, a well-established and reputable asset management firm with extensive experience in developing and managing investment products. The ETF is available to investors through various brokerage platforms and financial advisors.
What Products and Services Does FLRG Offer?
- Invests in U.S. companies with exposure to value, quality, low volatility, and momentum factors.
- Seeks to track the performance of U.S. equities exhibiting these characteristics.
- Constrains exposure to the size factor to avoid over-concentration.
- Offers investors a convenient way to access a multi-factor investment strategy.
- Utilizes quantitative analysis and stock selection based on identified factors.
- Provides a diversified portfolio of U.S. equities.
How Does FLRG Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM growth is driven by investment performance and net investor inflows.
- Expenses include operating costs, marketing, and distribution fees.
What Industry Does FLRG Operate In?
FLRG operates within the asset management industry, which is characterized by intense competition and evolving investor preferences. The industry is experiencing growth in factor-based investing, as investors seek strategies to enhance returns and manage risk. FLRG competes with other factor-based ETFs, as well as traditional market-cap-weighted indexes. The competitive landscape includes firms offering similar multi-factor strategies, each with its own unique approach and factor definitions. The asset management industry is also subject to regulatory oversight and market volatility, which can impact fund performance and investor sentiment.
Who Are FLRG's Key Customers?
- Retail investors seeking factor-based exposure to the U.S. equity market.
- Financial advisors using ETFs in client portfolios.
- Institutional investors seeking to implement factor-based strategies.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -2.7%.
FLRG Financials
Bull Case vs Bear Case
Bull Case
- Exposure to multiple factors (value, quality, low volatility, momentum).
- Constrained exposure to the size factor.
- Managed by Fidelity, a reputable asset management firm.
- Relatively low beta (0.87) indicates lower volatility.
Bear Case
- Dependence on factor performance.
- Potential for underperformance relative to broader market indexes.
- Management fees can impact returns.
- No dividend yield.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FLRG Latest News
No recent news available for FLRG.
FLRG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FLRG.
Price Targets
Wall Street price target analysis for FLRG.
FLRG MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FLRG; grades run from A+ (80-100) to F (below 30).
What Investors Ask About FIDELITY U.S. MULTIFACTOR ETF (FLRG) — Financials
What does FIDELITY U.S. MULTIFACTOR ETF do?
FIDELITY U.S. MULTIFACTOR ETF (FLRG) is an exchange-traded fund that seeks to provide investment results that correspond to the performance of U.S. equities exhibiting value, quality, low volatility, and momentum characteristics. The fund invests in companies with strong exposure to these factors while constraining exposure to the size factor.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Factor performance is subject to cyclicality.