Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
Fidelity® Momentum Factor ETF (FDMO)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: FDMO (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 3.16% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 136994 | Beta 1.02 | 52 Weeks Range 55.70 - 74.42 | Updated Date 03/28/2025 |
52 Weeks Range 55.70 - 74.42 | Updated Date 03/28/2025 |
Upturn AI SWOT
Fidelity® Momentum Factor ETF
ETF Overview
Overview
Fidelity Momentum Factor ETF (FDMO) seeks to provide investment results that correspond to the performance of the Fidelity Momentum Factor Index. It focuses on large- and mid-cap stocks with high momentum characteristics, aiming for capital appreciation. The fund primarily invests in US equities.
Reputation and Reliability
Fidelity is a well-established and reputable financial services company with a long track record in the investment management industry.
Management Expertise
Fidelity has a large and experienced team of portfolio managers and analysts dedicated to managing ETFs and other investment products.
Investment Objective
Goal
To provide investment results that correspond, before fees and expenses, generally to the performance of the Fidelity Momentum Factor Index.
Investment Approach and Strategy
Strategy: The fund employs a passive management strategy, attempting to replicate the performance of its underlying index.
Composition The ETF primarily holds large and mid-cap US equities exhibiting strong momentum characteristics.
Market Position
Market Share: Data unavailable
Total Net Assets (AUM): 794600000
Competitors
Key Competitors
- MTUM
- QMOM
- IMTM
Competitive Landscape
The momentum ETF market is competitive, with several established players. FDMO benefits from Fidelity's brand recognition and distribution network. Competitors may offer slightly different methodologies for capturing momentum, potentially leading to varying performance outcomes. FDMO's lower expense ratio could be an advantage.
Financial Performance
Historical Performance: Historical performance data not readily available to provide numerical output.
Benchmark Comparison: Performance against the Fidelity Momentum Factor Index is tracked but unavailable here.
Expense Ratio: 0.0029
Liquidity
Average Trading Volume
FDMO demonstrates adequate liquidity with a reasonable average trading volume, facilitating efficient trading.
Bid-Ask Spread
The bid-ask spread is typically tight, indicating relatively low trading costs for the ETF.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and overall market sentiment significantly influence FDMO's performance. Sector rotations and investor preferences for growth stocks also play a role.
Growth Trajectory
FDMO's growth is tied to the popularity of momentum investing and overall market conditions. Changes in the index methodology or fund holdings could impact future performance.
Moat and Competitive Advantages
Competitive Edge
FDMO benefits from Fidelity's brand recognition and established distribution network. Its low expense ratio is a key differentiator in the competitive momentum ETF landscape. The ETF's focus on a specific factor (momentum) allows investors to gain targeted exposure to this investment style. This focused approach, combined with Fidelity's reputation, offers a compelling proposition for investors seeking momentum-based investments.
Risk Analysis
Volatility
Momentum stocks can exhibit higher volatility than the broader market, making FDMO potentially more volatile than a broad-based index fund.
Market Risk
FDMO is subject to market risk, as its value can fluctuate based on overall market conditions and investor sentiment towards growth stocks. Momentum strategies can underperform during periods of market correction or when value stocks are in favor.
Investor Profile
Ideal Investor Profile
Investors seeking capital appreciation through exposure to stocks with high momentum characteristics. Suitable for those comfortable with potentially higher volatility.
Market Risk
FDMO is suitable for long-term investors with a moderate to high risk tolerance who believe in the persistence of momentum as an investment factor.
Summary
Fidelity Momentum Factor ETF (FDMO) aims to track the Fidelity Momentum Factor Index, providing exposure to US stocks exhibiting strong momentum. It offers a cost-effective way to implement a momentum-based investment strategy. The ETF benefits from Fidelity's reputation and low expense ratio. However, it is subject to market risk and the inherent volatility associated with momentum investing, making it suitable for investors with a moderate to high risk tolerance.
Similar Companies
- MTUM
- QMOM
- IMTM
- SPGP
- PDP
Sources and Disclaimers
Data Sources:
- Fidelity Investments Website
- ETF.com
- Seeking Alpha
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data was unavailable.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity® Momentum Factor ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index", which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals. It invests in lending securities to earn income for the fund.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.