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AAVM vs FDMO

Alpha Architect Global Factor Equity ETF vs Fidelity Momentum Factor ETF

AAVM

Alpha Architect Global Factor Equity ETF

Alpha Architect

Annual cost

0.38%

Fund size

$24M

FDMO

Fidelity Momentum Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$842M

Key differences

  • FDMO costs 0.23% less per year.
  • FDMO is significantly larger than AAVM — larger funds tend to be more liquid and less likely to close.
  • AAVM follows a active selection strategy; FDMO uses index tracking.
  • Over the last 3 years, FDMO has delivered higher annualized returns.

Side-by-side comparison

AAVMFDMO
Annual cost (TER)0.38%0.15%
Fund size (AUM)$24M$842M
Since20172016
Dividend yield1.79%0.60%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+34.4%+33.5%
CAGR 3Y+18.6%+28.3%
CAGR 5Y+7.5%+16.5%
Sharpe 3Y0.841.26
Volatility 1Y15.23%16.48%
Max drawdown-34.71%-33.94%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AAVM and FDMO