- What does FULVX invest in?
- The fund normally invests at least 80% of assets in U.S. equity securities. The adviser employs a strategy that combines fundamental stock selection and quantitative risk management techniques focused on reducing absolute portfolio risk in an effort to produce returns in excess of the Russell 3000® Index over a full market cycle (generally five to eight years) but with lower absolute volatility. The fund invests in either "growth" stocks or "value" stocks or both.
- What is the expense ratio of FULVX?
- Fidelity U.S. Low Volatility Equity Fund (FULVX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FULVX?
- Fidelity U.S. Low Volatility Equity Fund (FULVX) manages $34.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FULVX actively managed or an index fund?
- FULVX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FULVX's is 0.70%) because there's no security selection cost.
- When was FULVX launched?
- Fidelity U.S. Low Volatility Equity Fund (FULVX) launched in November 2019 and is managed by Fidelity.
- How has FULVX performed?
- FULVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
