Fidelity Momentum Factor ETF (FDMO)
| Assets | $129.34M |
| Expense Ratio | 0.29% |
| PE Ratio | 17.55 |
| Shares Out | 2.90M |
| Dividend (ttm) | $0.51 |
| Dividend Yield | 1.14% |
| Ex-Dividend Date | Dec 16, 2022 |
| Payout Ratio | 20.02% |
| 1-Year Return | -10.35% |
| Volume | 8,026 |
| Open | 44.57 |
| Previous Close | 44.85 |
| Day's Range | 44.49 - 44.90 |
| 52-Week Low | 40.02 |
| 52-Week High | 52.35 |
| Beta | 0.97 |
| Holdings | 132 |
| Inception Date | Sep 12, 2016 |
About FDMO
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 managed by Fidelity.
Top 10 Holdings
31.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.07% |
| Microsoft Corporation | MSFT | 6.34% |
| Alphabet Inc. | GOOGL | 3.85% |
| Amazon.com, Inc. | AMZN | 3.36% |
| Berkshire Hathaway Inc. | BRK.B | 2.20% |
| Visa Inc. | V | 1.90% |
| Johnson & Johnson | JNJ | 1.84% |
| Tesla, Inc. | TSLA | 1.80% |
| UnitedHealth Group Incorporated | UNH | 1.79% |
| Mastercard Incorporated | MA | 1.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2022 | $0.128 | Dec 21, 2022 |
| Sep 16, 2022 | $0.155 | Sep 21, 2022 |
| Jun 17, 2022 | $0.107 | Jun 23, 2022 |
| Mar 18, 2022 | $0.118 | Mar 23, 2022 |
| Dec 17, 2021 | $0.084 | Dec 22, 2021 |
| Sep 17, 2021 | $0.105 | Sep 22, 2021 |
News
Buy High-Beta & Momentum ETFs to Follow J.P. Morgan's Vision
The chief investment officer at JPMorgan Asset Management Bob Michele does not see overvaluation in Wall Street and suggested investors to join the rally.
High Momentum ETFs to Tap Now
A few positive developments on the vaccine front, unprecedented economic help, reopening of economies and a few bullish economic datapoints should facilitate momentum ETFs ahead.
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.
Fidelity Momentum Factor ETF (FDMO) Hits a New 52-Week High
This Fidelity Momentum Factor ETF (FDMO) has hit a new 52-week high. Are more gains in store?
Market Rally Returns: High-Beta & Momentum ETFs to Buy
Renewed trade optimism and solid holiday season buying should lead to gains in high-beta and high-momentum ETFs.
Bet on These Momentum & High-Beta ETFs on Delay in Tariffs
Momentum and high-beta ETFs make very good picks right now as the market rally on delay in Trump???s new round of tariffs.
Market Rallies: High-Beta & Momentum ETFs to Buy
As the Fed gave hints to rate cuts if needed, high-beta and high-momentum ETFs should do good in the near term.