Fidelity Momentum Factor ETF (FDMO)
| Assets | $440.99M |
| Expense Ratio | 0.16% |
| PE Ratio | 28.43 |
| Shares Out | 6.20M |
| Dividend (ttm) | $0.62 |
| Dividend Yield | 0.87% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Ratio | 24.66% |
| 1-Year Return | +35.17% |
| Volume | 20,917 |
| Open | 72.13 |
| Previous Close | 71.15 |
| Day's Range | 71.81 - 72.18 |
| 52-Week Low | 53.64 |
| 52-Week High | 73.43 |
| Beta | 1.00 |
| Holdings | 129 |
| Inception Date | Sep 12, 2016 |
About FDMO
Fund Home PageThe 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.
Top 10 Holdings
39.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.70% |
| NVIDIA Corporation | NVDA | 6.53% |
| Microsoft Corporation | MSFT | 6.19% |
| Amazon.com, Inc. | AMZN | 4.05% |
| Alphabet Inc. | GOOGL | 3.88% |
| Broadcom Inc. | AVGO | 2.82% |
| Tesla, Inc. | TSLA | 2.61% |
| Meta Platforms, Inc. | META | 2.55% |
| Berkshire Hathaway Inc. | BRK.B | 2.05% |
| JPMorgan Chase & Co. | JPM | 1.92% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.307 | n/a |
| 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 |
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...
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...
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...
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...
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.