Fidelity Momentum Factor ETF (FDMO)
| Assets | $319.05M |
| Expense Ratio | 0.15% |
| PE Ratio | 31.41 |
| Shares Out | 4.75M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 0.63% |
| Ex-Dividend Date | Sep 20, 2024 |
| Payout Ratio | 19.69% |
| 1-Year Return | +43.03% |
| Volume | 17,543 |
| Open | 67.23 |
| Previous Close | 67.18 |
| Day's Range | 67.23 - 67.97 |
| 52-Week Low | 44.75 |
| 52-Week High | 67.97 |
| Beta | 0.99 |
| 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
34.35% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.41% |
| Microsoft Corporation | MSFT | 6.74% |
| Amazon.com, Inc. | AMZN | 3.54% |
| Alphabet Inc. | GOOGL | 3.40% |
| Broadcom Inc. | AVGO | 2.86% |
| Meta Platforms, Inc. | META | 2.59% |
| AppLovin Corporation | APP | 2.16% |
| Eli Lilly and Company | LLY | 2.04% |
| Berkshire Hathaway Inc. | BRK.B | 1.94% |
| CrowdStrike Holdings, Inc. | CRWD | 1.67% |
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 |
News
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.