Key stats
About Fidelity Momentum Factor ETF
Expense ratio
0.15%
Home page
Inception date
Sep 12, 2016
FDMO hunts among the 1,000 largest US stocks for those with positive price momentum. Potential holdings are screened using a scoring system based on four metrics: high total return, high volatility-adjusted return, high positive earnings surprises, and low average short interest. Factor scores are also scaled by market cap. The portfolio is weighted so that sector exposure reflects the neutral market, with holdings within sectors weighted by a combination of market cap and factor score. The fund is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.84%
Electronic Technology20.80%
Technology Services20.00%
Finance14.69%
Retail Trade9.45%
Health Technology8.26%
Producer Manufacturing4.83%
Consumer Non-Durables3.46%
Industrial Services3.03%
Consumer Services2.84%
Utilities2.66%
Energy Minerals1.95%
Communications1.46%
Health Services1.41%
Process Industries1.32%
Commercial Services1.29%
Non-Energy Minerals1.01%
Distribution Services0.73%
Transportation0.66%
Bonds, Cash & Other0.16%
Mutual fund0.08%
Cash0.07%
Government0.01%
Futures0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history