Fidelity U.S. Multifactor ETF

The Fidelity U.S. Multifactor ETF is an exchange-traded fund designed to provide exposure to a portfolio of U.S. equities based on multiple investment factors. This ETF employs a strategy aimed at optimizing returns by selecting stocks through a multifactor approach, typically utilizing factors such as value, momentum, quality, and low volatility. By integrating these factors, the ETF seeks to balance the potential for growth with risk management, offering investors a diversified equity solution. This ETF encompasses a broad range of sectors including technology, healthcare, and consumer goods, enabling it to reflect a wide swath of the U.S. economy. The multifactor methodology appeals to those looking to capture specific market dynamics that single-factor strategies might overlook. The fund plays a vital role in the financial markets by providing a systematic, rules-based investment approach, giving investors a tool to enhance portfolio diversification and potentially achieve more consistent performance across varying market conditions.