Fidelity U.S. Low Volatility ETF

The ETF seeks to replicate to the extent reasonably, possible and before fees and expenses the performance of the Fidelity Canada U.S. Low Volatility Index the Index. It invests primarily in equity securities of large and mid capitalization U.S. companies with lower volatility than the broader U.S. equity market. The Index is designed to reflect the performance of large and midcapitalization U.S. companies with lower volatility than the broader U.S. equity market. It invests primarily in equity securities of large and mid capitalization US companies with lower volatility than the broader US equity market.