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FIDUSQLT Fidelity U.S. Quality Factor Total Return Index

This is the total return version of FIDUSQLP. The Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market. It may lend securities to earn income for the fund. The index starts with the 1,000 largest companies by market capitalization, and then ranks companies based on a composite score using free cash flow margin, return on invested capital, and free cash flow stability. Within each sector, composite scores are adjusted based on market capitalization. Stocks with the highest composite scores within each sector are identified for inclusion in the index. The index selects around 130 stocks. Each sector is neutral-weighted relative to the broader equity market. Within each sector, each stock is weighted based on its market capitalization in the broader equity market plus an overweight adjustment that is equal for all constituents within that sector.

As of 06/21/2017

Index Information
Provider:     Fidelity
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Currency:    USD
Inception date:  08/01/2016
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Number of holdings:  130
Total return version:  FIDUSQLP

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