Fidelity U.S. Low Volatility Equity Fund
FULVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 02109 Boston MA United States of America 02210
- IPO Date
- Nov 5, 2019
- CIK
- 0000225322
- Website
- fidelity.com
- Similar Companies
- Business
- Fidelity U.S. Low Volatility Equity Fund (FULVX) is an open-end mutual fund managed by Fidelity Investments that seeks long-term growth of capital by investing at least 80% of its assets in U.S. equity securities; the adviser employs a strategy combining fundamental stock selection and quantitative risk management techniques to reduce absolute portfolio risk and produce returns in excess of the Russell 3000 Index over a full market cycle, generally five to eight years, with lower absolute volatility; the fund invests in both growth and value stocks across large-blend categories, maintaining a portfolio of approximately 131 holdings with an 84% turnover rate. Launched on November 5, 2019, the fund is part of Fidelity Investments' lineup of factor-based strategies, including low volatility, value, yield, quality, and momentum approaches, and targets institutional and retail investors seeking reduced volatility exposure to the broad U.S. equity market; Fidelity Investments, the fund's sponsor, is headquartered in Boston, Massachusetts, and operates globally with $5.8 trillion in discretionary assets under management as of December 2024. In May 2024, Fidelity added the MSCI USA Minimum Volatility Index as a supplemental benchmark to provide additional performance comparison aligned with the fund's low-volatility focus; for the fiscal year ending April 30, 2025, the fund delivered an 11.96% return, slightly outperforming the Russell 3000 Index's 11.40% gain while demonstrating resilience during the February-April 2025 market sell-off amid U.S. tariff policy uncertainty. The fund maintains a net expense ratio of 0.70%, with total assets under management of approximately $35.2 million as of late 2025, and pays semiannual dividends, including $0.0690 in December 2024.