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FDLOvsBWVTFETF Comparison

ETF 1
FDLO

Fidelity Low Volatility Factor ETF

This fund is part of
US Low Volatility
-0.53%
Full FDLO fund page
VS
ETF 2
BWVTF

iPath CBOE S&P 500 BuyWrite Index ETN

This fund is part of
Options Strategies
-0.04%
Full BWVTF fund page

Fidelity Low Volatility Factor ETF (FDLO) belongs to the US Low Volatility segment. iPath CBOE S&P 500 BuyWrite Index ETN (BWVTF) is part of the Options Strategies segment. FDLO's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, BWVTF's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. FDLO is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.75% for BWVTF. FDLO is up 0.11% year-to-date (YTD) with -$50M in YTD flows. BWVTF performs better with 1.53% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of FDLO and BWVTF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDLO vs BWVTF performance and flow charts

Performance

-2.0-1.5-1.0-0.50.00.5%Feb 11Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

-20,000,000020,000,00040,000,00060,000,00080,000,000100,000,000Feb 11Feb 18Feb 25Mar 4Mar 11

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
FDLO
BWVTF
-2.16%-0.26%
-0.58%+2.85%
+0.11%+1.53%
+12.62%+16.11%
+55.19%+47.28%
+66.13%+51.46%
Flows
FDLO
BWVTF
-$13M-
-$67M-
-$50M-
-$49M-$715K
+$605M-$900K
+$630M-$1M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDLO
BWVTF
+7.90%+7.53%
+13.86%+15.11%
+11.22%+11.12%
+13.35%+12.21%
Max drawdown
FDLO
BWVTF
-2.53%-1.82%
-10.59%-11.76%
-13.57%-16.79%
-19.20%-19.88%
Max drawdown duration
FDLO
BWVTF
37d13d
48d91d
131d240d
688d686d
Trading data

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FDLO
BWVTF
Last sale
3/12/2026 at 1:30 PM
$66.17
Previous close
03/11/2026
$66.89
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FDLO
BWVTF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
FDLO
BWVTF
Last price
$66.17
1D performance
-1.08%
AuM$1.43 B$1.57 M
E/R0.15%0.75%
Characteristics
FDLO
BWVTF
Management strategyPassivePassive
ProviderFidelityBarclays
BenchmarkFidelity U.S. Low Volatility Factor IndexCBOE S&P 500 BuyWrite Index
N° of holdings122479
Asset classEquitiesAlternative
Trailing 12m distribution yield
Join
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Inception dateSeptember 12, 2016May 22, 2007
ESGNoNo
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Exposure

Countries

FDLO
USA
95.65%
Other
4.35%
BWVTF
USA
98.53%
Other
1.47%

Sectors

FDLO
Information Techn.
35.86%
Communication Ser.
10.68%
Financials
10.48%
Health Care
10.13%
Consumer Discreti.
10.05%
Industrials
8.35%
Other
14.45%
BWVTF
Information Techn.
35.57%
Communication Ser.
10.81%
Consumer Discreti.
10.81%
Financials
10.72%
Health Care
9.63%
Industrials
8%
Other
14.47%
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Diversification

FDLO

Total weight of top 15 holdings out of 15

45.79%
BWVTF

Total weight of top 15 holdings out of 15

44.54%

Top 15 holdings

Data as of January 31, 2026
FDLO
APPLE
7.36%
MICROSOFT-T
6.61%
ALPHABET INC-CL
6.02%
AMAZON.COM INC
4.00%
BROADCOM LIMITED
3.70%
META PLATFORMS
2.50%
LILLY
1.90%
BERKSHIRE HATHWAY
1.83%
ANALOG DEVICES
1.80%
JPMORGAN CHASE
1.78%
AMPHENOL
1.77%
CISCO-T
1.76%
INTL BUSINESS MACHINES CORP
1.70%
TEXAS INSTRUMENTS
1.61%
JOHNSON&JOHNSON
1.47%
BWVTF
NVIDIA
7.75%
APPLE
6.46%
MICROSOFT-T
5.98%
AMAZON.COM INC
3.97%
ALPHABET INC-CL
3.32%
ALPHABET INC-CL
2.65%
BROADCOM LIMITED
2.62%
META PLATFORMS
2.50%
TESLA
2.09%
BERKSHIRE HATHWAY
1.52%
LILLY
1.44%
JPMORGAN CHASE
1.40%
EXXON
0.97%
VISA INCORPORATION
0.95%
JOHNSON&JOHNSON
0.91%
Frequently asked questions about FDLO and BWVTF

How have the FDLO and BWVTF ETFs performed in 2026?

As of March 11, 2026, FDLO is up 0.11% year-to-date (YTD), while BWVTF has returned 1.53%. That puts BWVTF better performer ahead so far this year.

Which ETF is attracting more investor money: FDLO or BWVTF?

Year-to-date, the FDLO ETF saw -$50M in flows, compared to - for BWVTF.

Which ETF is more volatile: FDLO or BWVTF?

Over the past year, FDLO had a volatility of 13.86%, while BWVTF experienced 15.11%.

Which ETF is bigger: FDLO or BWVTF?

As of March 11, 2026, FDLO holds $1.43 B in assets under management (AUM), while BWVTF manages $1.57 M.

What sectors do the FDLO and BWVTF ETFs invest in?

FDLO leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, BWVTF focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the FDLO ETF and BWVTF ETF?

FDLO top holdings include APPLE, MICROSOFT-T and ALPHABET INC-CL. BWVTF holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FDLO or BWVTF?

FDLO holds 125 securities with 45.79% of its assets in the top 15. BWVTF has 503 securities and a top 15 weight of 44.54%.

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