Fidelity Momentum Factor ETF (FDMO)
Description
The investment seeks to track the performance of the Fidelity U.S. Momentum Factor Index. The FDMO ETF contains 129 constituents. It is focused on growth holdings in the North America region.
Price $43.23 as of 2022-10-21Cost/Risk/Yield
| Dividend yield | 1.07% |
| Expense ratio | 0.29% |
| Average spread | 0.185% |
| 1Y roundtrip cost | 0.475% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -7.0% | -2.4% | 5.1% | -10.2% | -1.0% | -7.9% | 9.8% | -2.7% | -7.4% | 5.1% | -18.6% | ||
| 2021 | 2.0% | -0.5% | 0.2% | 6.3% | -1.0% | 3.2% | 2.2% | 3.6% | -4.7% | 7.4% | -0.6% | 2.8% | 20.8% |
| 2020 | 2.9% | -8.5% | -11.9% | 14.0% | 4.4% | 1.9% | 7.1% | 6.4% | -3.3% | -3.4% | 10.1% | 3.1% | 22.9% |
| 2019 | 8.8% | 3.6% | 1.5% | 3.7% | -3.9% | 5.6% | 1.2% | -0.7% | -1.4% | 0.1% | 3.3% | 1.7% | 23.4% |
| 2018 | 6.3% | -3.1% | -1.6% | 1.2% | 3.9% | -0.9% | 2.2% | 5.2% | 0.3% | -8.6% | 0.8% | -8.7% | -2.9% |
| 2017 | 2.5% | 3.9% | 0.4% | 1.2% | 1.2% | 0.4% | 2.6% | -0.4% | 1.7% | 5.5% | 2.7% | 0.1% | 21.8% |
| 2016 | -2.5% | 1.5% | 1.7% | 0.7% | |||||||||
| 15.4% | -7.1% | -6.2% | 16.3% | 3.6% | 2.3% | 25.1% | 11.4% | -14.8% | 3.6% | 17.9% | 0.6% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.12 | 0.11 | 0.15 | 0.38 | |||||||||
| 2021 | 0.06 | 0.07 | 0.10 | 0.08 | 0.32 | ||||||||
| 2020 | 0.10 | 0.10 | 0.09 | 0.06 | 0.34 | ||||||||
| 2019 | 0.10 | 0.12 | 0.11 | 0.11 | 0.43 | ||||||||
| 2018 | 0.10 | 0.08 | 0.09 | 0.09 | 0.36 | ||||||||
| 2017 | 0.08 | 0.10 | 0.10 | 0.07 | 0.34 | ||||||||
| 2016 | 0.12 | 0.12 | |||||||||||
| 0.00 | 0.00 | 0.55 | 0.00 | 0.00 | 0.58 | 0.00 | 0.00 | 0.64 | 0.00 | 0.00 | 0.53 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Microsoft Corporation | 6.37% |
| Apple Inc. | 5.96% |
| Alphabet Inc. Class A | 4.14% |
| Amazon.com, Inc. | 3.66% |
| Tesla Inc | 2.93% |
| NVIDIA Corporation | 2.37% |
| Meta Platforms Inc. Class A | 2.10% |
| UnitedHealth Group Incorporated | 1.75% |
| Berkshire Hathaway Inc. Class B | 1.68% |
| JPMorgan Chase & Co. | 1.66% |
| Johnson & Johnson | 1.63% |
| Bank of America Corp | 1.38% |
| PayPal Holdings, Inc. | 1.23% |
| Intuit Inc. | 1.22% |
| Eli Lilly and Company | 1.12% |
| Top 15 Weights | 39.20% |
Compare with similar ETFs
| FDMO | GSLC | JMOM | MMTM | PWB | SPMO | |
|---|---|---|---|---|---|---|
| Product name | Fidelity Momentum Factor ETF | Goldman Sachs ActiveBeta International Equity ETF | JPMorgan U.S. Momentum Factor ETF | SPDR S&P 1500 Momentum Tilt ETF | PowerShares Dynamic Large Cap Growth Portfolio ETF | PowerShares S&P 500 Momentum Portfolio ETF |
| Issuer | Fidelity | Goldman Sachs | JPMorgan | SPDR | Invesco | Invesco |
| Price | $43.23 | $72.48 | $35.7722 | $159.74 | $57.8 | $53.53 |
| Expense Ratio | 0.29% |  0.09% | 0.12% | 0.12% |  0.56% | 0.13% |
| Average Spread | 0.185% | 0.028% | 0.140% | 0.075% | 0.052% | 0.205% |
| AUM | $100,377,000 | $11,181,300,000 | $165,571,000 | $75,258,500 | $610,047,000 | $90,819,400 |
| Shares | 2,321,929 | 154,267,842 | 4,628,477 | 471,131 | 10,554,441 | 1,696,607 |
| Average Daily Volume | 25,653 | 515,038 | 34,840 | 1,403 | 19,953 | 33,070 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2016-09-12 | 2015-09-21 | 2017-11-08 | 2012-10-24 | 2005-03-03 | 2015-10-09 |
| Index Tracked | Fidelity U.S. Momentum Factor Index | Goldman Sachs ActiveBeta U.S. Large Cap Equity Index | J.P. Morgan US Momentum Factor Index | S&P 1500 Positive Momentum Tilt Index | Dynamic Large Cap Growth Intellidex Index | S&P 500 Momentum Index |
| Category | Large Cap Growth Equities | Large Cap Growth Equities | Large Cap Growth Equities | Large Cap Growth Equities | Large Cap Growth Equities | Large Cap Growth Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Large Caps | Large/Mid Caps | Large Caps | Large Caps | Large Caps |
| Value or Growth | Growth | Blend | Growth | Growth | Growth | Growth |
| Region | North America | North America | North America | North America | North America | North America |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.464 | $1.188 | $0.318 | $2.583 | $0.075 | $0.771 |
| Annual Dividend Yield | 0.011% | 0.016% | 0.009% | 0.016% | 0.001% | 0.014% |
| Number of Holdings | 129 | 453 | 296 | 1430 | 56 | 98 |
| YTD Return | -18.79% | -22.96% | -25.49% | -20.24% | -28.35% | -16.03% |
| Beta | 1.02 | 0.97 | 1.02 | 0.99 | 1.04 | 1.05 |
| Upside Beta | 0.63 | 0.54 | 0.60 | 0.20 | 0.20 | 0.70 |
| Downside Beta | 0.17 | -0.02 | 0.56 | -0.28 | -0.06 | -0.03 |
| Volatility 1Y | 23.97% | 22.39% | 25.91% | 22.17% | 28.76% | 22.64% |
| Sharpe Ratio 3Y | 0.55 | 0.48 | 0.51 | 0.54 | 0.32 | 0.71 |
| Treynor Ratio 3Y | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |