Fidelity Momentum Factor ETF (FDMO)

NYSEARCA: FDMO · Real-Time Price · USD
66.20
-1.50 (-2.21%)
Oct 31, 2024, 3:59 PM EDT - Market closed
-2.21%
Assets $330.33M
Expense Ratio 0.15%
PE Ratio 30.76
Shares Out 4.85M
Dividend (ttm) $0.43
Dividend Yield 0.64%
Ex-Dividend Date Sep 20, 2024
Payout Ratio 19.85%
1-Year Return +45.85%
Volume 42,393
Open 67.11
Previous Close 67.70
Day's Range 66.20 - 67.11
52-Week Low 46.81
52-Week High 68.64
Beta 0.99
Holdings 129
Inception Date Sep 12, 2016

About FDMO

Fund Home Page

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is issued by Fidelity.

Asset Class Equity
Category Large Growth
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FDMO
ETF Provider Fidelity
Index Tracked Fidelity U.S. Momentum Factor Index

Top 10 Holdings

35.08% of assets
Name Symbol Weight
NVIDIA Corporation NVDA 7.67%
Microsoft Corporation MSFT 6.91%
Amazon.com, Inc. AMZN 3.58%
Alphabet Inc. GOOGL 3.52%
Broadcom Inc. AVGO 2.73%
Meta Platforms, Inc. META 2.60%
AppLovin Corporation APP 2.54%
Eli Lilly and Company LLY 2.00%
Berkshire Hathaway Inc. BRK.B 1.92%
CrowdStrike Holdings, Inc. CRWD 1.63%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 20, 2024 $0.126 Sep 24, 2024
Jun 21, 2024 $0.100 Jun 25, 2024
Mar 15, 2024 $0.091 Mar 20, 2024
Dec 28, 2023 $0.012 Jan 3, 2024
Dec 15, 2023 $0.097 Dec 20, 2023
Sep 15, 2023 $0.089 Sep 20, 2023
Full Dividend History

News

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 rec...

16 days ago - Seeking Alpha

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 surpris...

3 months ago - Seeking Alpha

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 sh...

4 months ago - Seeking Alpha

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 trac...

6 months ago - Seeking Alpha

3 Momentum ETFs Hitting All-Time Highs

As broader benchmarks surged Tuesday, it wasn't surprising to see exchange traded funds dedicated to the momentum factor among the ETFs hitting all-time highs.

Other symbols: QMOMSPMO
5 years ago - Benzinga