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Fidelity Low Volatility Factor ETF
FDLO (Fidelity Low Volatility Factor ETF) is a factor Commodities ETF by Fidelity. With a 0.15% MER, it provides diversified exposure through 119 holdings. Quarterly distribution with a 1.47% yield.
FDLO by Fidelity is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.15% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).