Fidelity Momentum Factor ETF (FDMO)
| Assets | $520.53M |
| Expense Ratio | 0.16% |
| PE Ratio | 31.26 |
| Shares Out | 6.50M |
| Dividend (ttm) | $0.65 |
| Dividend Yield | 0.82% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 25.58% |
| Volume | 13,451 |
| Open | 80.02 |
| Previous Close | 80.14 |
| Day's Range | 79.15 - 80.05 |
| 52-Week Low | 55.41 |
| 52-Week High | 80.27 |
| Beta | 1.02 |
| Holdings | 130 |
| 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
37.52% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.32% |
| Microsoft Corporation | MSFT | 7.25% |
| Amazon.com, Inc. | AMZN | 4.01% |
| Alphabet Inc. | GOOGL | 3.97% |
| Broadcom Inc. | AVGO | 3.46% |
| Meta Platforms, Inc. | META | 2.94% |
| Tesla, Inc. | TSLA | 2.03% |
| Berkshire Hathaway Inc. | BRK.B | 1.99% |
| JPMorgan Chase & Co. | JPM | 1.84% |
| Fidelity Securities Lending Cash Central Fund | n/a | 1.70% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.119 | Jun 24, 2025 |
| Mar 21, 2025 | $0.097 | Mar 25, 2025 |
| Dec 20, 2024 | $0.307 | Dec 24, 2024 |
| Sep 20, 2024 | $0.126 | Sep 24, 2024 |
| Jun 21, 2024 | $0.100 | Jun 25, 2024 |
| Mar 15, 2024 | $0.091 | Mar 20, 2024 |
Performance
FDMO had a total return of 25.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.91%.
News
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 hi...
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 witho...
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 (Str...
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 increas...
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.