Lower Risk in Your Portfolio with These ETFs - Nasdaq.com
This fund offers exposure to the stocks with lower volatility than the broader market by tracking the Fidelity U.S. Low Volatility Factor Index. Holding 128 stocks in its basket, it is well spread across components with none holding more than 3.04% share. From a sector look, the ETF is skewed toward the information technology sector at 21.5% while financials, healthcare, consumer discretionary and industrials round off the next four spots with a double-digit allocation each. Since its debut in September, the fund has been able to garner just $20.2 million in AUM so far and average daily volume is also low at 11,000 shares. FDLO charges 29 bps in annual fees from investors.Read full article from Lower Risk in Your Portfolio with These ETFs - Nasdaq.com
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