Fidelity Low Volatility Factor ETF (FDLO) is a quality and low-volatility ETF. As of October 9, 2026, ETF Copilot scores FDLO 6.4 out of 10 — highest on Risk (9.4), lowest on Value (4.3). It trades at 23.8 times earnings, against its own median of 24.0. Its ten largest holdings are 37% of the fund.
What stands out in FDLO's data
U.S. stocks screened for steady returns and lower volatility.
Trades at a richer price than most low-volatility peers — you pay more for the smoother ride.
Its trailing EBITDA multiple of 18.0x sits above the category median of 15.1x and its own history of 15.8x. Return on equity of 24.1% is strong, and the fund holds 135 names.
A stability-focused core for portfolios that want smoother equity exposure.
Why did FDLO move this week? It rose 2.1% in the week to October 9, 2026 — Microsoft and Amazon.com drove it
FDLO rose 2.1% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Deere (−9.6%) pushed the other way.
How is FDLO rated? ETF Copilot scores Fidelity Low Volatility Factor ETF (FDLO) 6.4 out of 10
As of October 9, 2026, ETF Copilot scores Fidelity Low Volatility Factor ETF (FDLO) 6.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.4 / 10
- Growth: 4.9 / 10
- Value: 4.3 / 10
- Risk: 9.4 / 10
- Quality: 9.1 / 10
- Return: 5.7 / 10
Is FDLO expensive right now? It trades at 23.8 times earnings, against its own median of 24.0
As of October 9, 2026, FDLO is cheaper than 56% of its own 111 monthly readings since 2017 — 49 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside FDLO? 42% Tech
What's inside FDLO: Size (Large 95%, Mid 5%, Small 0%); Geography (International 5%, US 95%); Tech 42.4%; Magnificent 7 26.6%; AI 15.8%; Semiconductors 6.9%; Memory 5.9%.
What are FDLO's top holdings? The ten largest are 37% of the fund
Apple, Microsoft, Alphabet, Amazon.com, Broadcom, Facebook, Cisco Systems, Texas Instruments, Analog Devices and Berkshire Hathaway are FDLO's largest holdings, in that order.
More concentrated than 73% of Quality & Low Volatility ETFs.
Half of FDLO's weight sits in its 19 largest positions, and once those weights are taken into account it behaves like 42 equally weighted holdings.
What is FDLO's expense ratio? 0.15% a year
As of October 9, 2026, FDLO charges 0.15% a year, yields 1.35% and holds $1.4B in assets across 135 positions.
| Measure | FDLO |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 1.35% |
| Assets under management | $1.4B |
| Holdings | 135 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Fidelity Low Volatility Factor ETF (FDLO) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/fdlo
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