Fidelity® Fundamental Large Cap Core ETF (FFLC)

46.90 -0.38 (-0.80%) USD  |  BATS  |  Nov 14, 16:00
46.87 -0.03 (-0.06%) After-Hours: 20:00
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FFLC Alpha (vs YCharts Benchmark) (5Y)

Alpha (vs YCharts Benchmark) (5Y) Chart

View Alpha (vs YCharts Benchmark) (5Y) for FFLC.
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Sep '18
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Historical Alpha (vs YCharts Benchmark) (5Y) Data

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Alpha Definition

Alpha measures the excess return that a security provides. Alpha can be measured by taking Risk Adjusted Security Return - Beta*(Risk Adjusted Market Return). This formula will return the outperformance that the security provides. Alpha is an important metric for active investing, where investors look for outperforming a particular benchmark.

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Alpha (vs YCharts Benchmark) (5Y) Range, Past 5 Years

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Alpha (vs YCharts Benchmark) (5Y) Benchmarks

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