Peek Under The Hood: FDLO Has 12% Upside
December 19, 2024 at 06:51 AM EST
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Fidelity Low Volatility Factor ETF (FDLO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $68.26 per unit.