Fidelity Momentum Factor ETF

FDMO

Market cap $533M

Overview Fund Activity

81.98 USD

-0.25

0.3%

At close Updated Sep 17, 4:00 PM EDT

1 day

-0.3%

5 days

0.7%

1 month

3.63%

3 months

12.58%

6 months

24.61%

Year to date

17.37%

1 year

26.61%

5 years

109.51%

10 years

225.58%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

7% more funds holding

Funds holding: 69 [Q1] → 74 (+5) [Q2]

2% more capital invested

Capital invested by funds: $355M [Q1] → $361M (+$5.79M) [Q2]

0.92% more ownership

Funds ownership: 72.26% [Q1] → 73.18% (+0.92%) [Q2]

See Fund Rankings

Financial journalist opinion

FDMO: A Momentum ETF Blending Broad-Based Approach And Controlled Volatility

FDMO provides disciplined momentum exposure with a balanced sector allocation, favoring mega-cap tech leaders and maintaining volatility in line with the Russell 1000. The fund's growth profile and historical performance nearly match the benchmark, outperforming most momentum peers, though trading liquidity is moderate. FDMO trades at a premium valuation, reflecting its high-growth holdings, but offers strong risk-adjusted returns and resilience during downturns.

FDMO: A Momentum ETF Blending Broad-Based Approach And Controlled Volatility

Ride The Inevitable Market Rebound With Fidelity Momentum Factor ETF

The Fidelity Momentum Factor ETF is recommended for its potential to capture market gains post-volatility, supported by historical VIX data indicating market rebounds. FDMO offers enhanced gains without the higher risks and fees of leveraged funds, benefiting from mid-cap stock inclusion and trading at a discount to NAV. The fund has a strong track record, low fees, and a four-star Morningstar rating, making it a compelling option for long-term investors.

Ride The Inevitable Market Rebound With Fidelity Momentum Factor ETF

Selected ETFs To Watch In 2025

Following on last week's top 10 list, this week's blog focuses on ETFs related to the stocks in the list. For this week, we then screened for ETFs that contained each stock that were also rated 5 (Strong Buy), focusing on the ETF that held the stock in the greatest percentage, then traveling down the lists of ETFs that held it until we found one rated 5. This resulted in a list of Strong Buy 5 rated ETFs that held at least one Strong Buy 5 rated stock as a major holding.

Selected ETFs To Watch In 2025

FDMO: A Short-Term Play With Long-Term Challenges

FDMO's momentum strategy can capture short-term gains but often underperforms during market trend reversals, leading to higher downside risks. The fund's high turnover ratio of 119% results in increased transaction costs, reducing long-term performance compared to the S&P 500. Despite strong returns in trending markets, FDMO's long-term returns have lagged behind the S&P 500 due to higher expenses and turnover.

FDMO: A Short-Term Play With Long-Term Challenges

FDMO: Not The Best Outlook For This Momentum ETF

The Fidelity Momentum Factor ETF focuses on large and mid-cap U.S. companies with strong momentum indicators, closely mirroring the Russell 1000 Index. FDMO's high exposure to mega caps has driven recent outperformance but may face challenges due to high valuations and if market leadership broadens to other sectors. Despite strong short-term gains, FDMO's five-year performance lags behind the Russell 1000 and peers, leading to a neutral stance on the fund.

FDMO: Not The Best Outlook For This Momentum ETF

FDMO: Low-Cost Momentum ETF With Mixed Returns

FDMO is supposed to offer exposure to U.S. stocks exhibiting strong momentum characteristics. The index it tracks has a nuanced approach to constituent selection, with returns, volatility, EPS surprises, and short interest among the parameters assessed. Most FDMO's holdings have high beta, accompanied by robust growth characteristics. At the same time, there is close to nothing to criticize about their quality.

FDMO: Low-Cost Momentum ETF With Mixed Returns

What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha

Vanguard offers factor-based ETFs that have shown outstanding performance compared to unmanaged, index-based comparison ETFs. Factor-based ETFs have now become mainstream investments, with a market share of over 20% globally. Assets under management for factor-based investments have grown significantly, leading many investors to include factor funds in their portfolios.

What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha

Whichever Direction Rates Move, Consider Looking to Fidelity ETFs

The debate around economic resilience and the direction of inflation and interest rates continues into summer. Fidelity offers an array of ETFs to reflect your portfolio's position on the path of interest rates looking ahead.

FDMO: A Sophisticated, But Not Better Momentum ETF

Fidelity Momentum Factor ETF (FDMO) implements a sector-neutral strategy based on price performance, earnings surprise and short interest. It is overweight in technology and large companies. FDMO track record is disappointing compared to another momentum ETF with a simpler methodology.

3 Key Considerations That Set Fidelity's Factor ETFs Apart

Factor investing remains one of the most popular investing strategies this decade. Fidelity offers several factor-based equity ETFs that rely on its “three S” approach.

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