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FDLOvsNACPETF Comparison

ETF 1
FDLO

Fidelity Low Volatility Factor ETF

This fund is part of
US Low Volatility
-0.28%
VS
ETF 2
NACP

Impact Shares NAACP Minority Empowerment ETF

Fidelity Low Volatility Factor ETF (FDLO) belongs to the US Low Volatility segment. Impact Shares NAACP Minority Empowerment ETF (NACP) is part of the segment. FDLO's top 3 sector exposures are Information Technology, Financials and Communication Services. In contrast, NACP's top sector exposures are Information Technology, Consumer Discretionary and Health Care. FDLO is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.49% for NACP. FDLO is up 2.63% year-to-date (YTD) with -$106M in YTD flows. NACP performs better with 9.35% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of FDLO and NACP 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 NACP performance and flow charts

Performance

0510%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-60,000,000-50,000,000-40,000,000-30,000,000-20,000,000-10,000,0000Mar 24Mar 31Apr 8Apr 15Apr 22

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 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
FDLO
NACP
+5.72%+10.89%
+0.69%+5.47%
+2.63%+9.35%
+18.13%+41.90%
+47.53%+96.06%
+58.85%+90.97%
Flows
FDLO
NACP
-$59M-
-$76M-
-$106M-
+$43M-$4M
+$543M-$4M
+$570M+$13M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDLO
NACP
+10.58%+17.19%
+9.27%+13.78%
+11.28%+15.58%
+13.40%+17.92%
Max drawdown
FDLO
NACP
-7.10%-9.70%
-7.10%-9.70%
-13.57%-19.85%
-19.20%-27.56%
Max drawdown duration
FDLO
NACP
73d74d
73d74d
131d132d
688d718d
Trading data

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FDLO
NACP
Last sale
4/27/2026 at 1:30 PM
$67.90
$54.23
Previous close
04/24/2026
$68.22
$54.23
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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FDLO
NACP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
FDLO
NACP
Last price
$67.90
$54.23
1D performance
-0.47%
+0.00%
AuM$1.40 B$67.76 M
E/R0.15%0.49%
Characteristics
FDLO
NACP
Management strategyPassivePassive
ProviderFidelityImpact Shares
BenchmarkFidelity U.S. Low Volatility Factor IndexMorningstar Minority Empowerment Index
N° of holdings122197
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateSeptember 12, 2016July 18, 2018
ESGNoYes
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Exposure

Countries

FDLO
USA
95.82%
Other
4.18%
NACP
USA
96.39%
Other
3.61%

Sectors

FDLO
Information Techn.
33.82%
Financials
10.72%
Communication Ser.
10.02%
Consumer Discreti.
9.77%
Health Care
9.6%
Industrials
9.46%
Other
16.6%
NACP
Information Techn.
32.35%
Consumer Discreti.
10.96%
Health Care
10.51%
Communication Ser.
9.22%
Industrials
9.17%
Financials
8.2%
Other
19.59%
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Diversification

FDLO

Total weight of top 15 holdings out of 15

40.68%
NACP

Total weight of top 15 holdings out of 15

43.3%

Top 15 holdings

Data as of March 31, 2026
FDLO
APPLE
7.26%
MICROSOFT-T
5.49%
ALPHABET INC-CL
5.39%
AMAZON.COM INC
3.72%
BROADCOM LIMITED
3.55%
BERKSHIRE HATHWAY
1.88%
CISCO-T
1.71%
JPMORGAN CHASE
1.70%
LILLY
1.55%
JOHNSON&JOHNSON
1.47%
EXXON
1.40%
ANALOG DEVICES
1.40%
MOTOROLA SOLUTIONS
1.40%
AMPHENOL
1.40%
INTL BUSINESS MACHINES CORP
1.35%
NACP
AMAZON.COM INC
4.98%
NVIDIA
4.79%
ALPHABET INC-CL
4.11%
MICROSOFT-T
3.93%
TESLA
3.81%
META PLATFORMS
3.67%
JPMORGAN CHASE
2.47%
MICRON TECHNOLOGY
2.37%
EXXON
2.24%
CISCO-T
1.96%
ADVANCED MICRO DEVICES
1.95%
JOHNSON&JOHNSON
1.86%
APPLIED MATERIAL
1.74%
US5128073062
1.72%
WALMART INC
1.70%
Frequently asked questions about FDLO and NACP

How have the FDLO and NACP ETFs performed in 2026?

As of April 24, 2026, FDLO is up 2.63% year-to-date (YTD), while NACP has returned 9.35%. That puts NACP better performer ahead so far this year.

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

Year-to-date, the FDLO ETF saw -$106M in flows, compared to - for NACP.

Which ETF is more volatile: FDLO or NACP?

Over the past year, FDLO had a volatility of 9.27%, while NACP experienced 13.78%.

Which ETF is bigger: FDLO or NACP?

As of April 24, 2026, FDLO holds $1.40 B in assets under management (AUM), while NACP manages $67.76 M.

What sectors do the FDLO and NACP ETFs invest in?

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

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

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

Which ETF is more diversified: FDLO or NACP?

FDLO holds 123 securities with 40.68% of its assets in the top 15. NACP has 201 securities and a top 15 weight of 43.3%.

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