Fidelity Momentum Factor ETF (FDMO)
| Assets | $490.54M |
| Expense Ratio | 0.16% |
| PE Ratio | 29.02 |
| Shares Out | 6.50M |
| Dividend (ttm) | $0.65 |
| Dividend Yield | 0.85% |
| Ex-Dividend Date | Jun 20, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 24.72% |
| Volume | 1,913 |
| Open | 75.88 |
| Previous Close | 76.18 |
| Day's Range | 75.67 - 75.95 |
| 52-Week Low | 55.41 |
| 52-Week High | 76.26 |
| Beta | 1.02 |
| Holdings | 131 |
| 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
38.54% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.56% |
| Microsoft Corporation | MSFT | 7.02% |
| Apple Inc. | AAPL | 5.99% |
| Amazon.com, Inc. | AMZN | 4.00% |
| Meta Platforms, Inc. | META | 3.64% |
| Broadcom Inc. | AVGO | 2.97% |
| Berkshire Hathaway Inc. | BRK.B | 1.90% |
| JPMorgan Chase & Co. | JPM | 1.87% |
| Tesla, Inc. | TSLA | 1.83% |
| Netflix, Inc. | NFLX | 1.76% |
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 18.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.63%.
News
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...
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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.