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FDMO vs AAVM

Fidelity Momentum Factor ETF vs Alpha Architect Global Factor Equity ETF

FDMO

Fidelity Momentum Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$842M

AAVM

Alpha Architect Global Factor Equity ETF

Alpha Architect

Annual cost

0.38%

Fund size

$24M

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.
  • FDMO follows a index tracking strategy; AAVM uses active selection.
  • Over the last 3 years, FDMO has delivered higher annualized returns.

Side-by-side comparison

FDMOAAVM
Annual cost (TER)0.15%0.38%
Fund size (AUM)$842M$24M
Since20162017
Dividend yield0.60%1.79%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+33.5%+34.4%
CAGR 3Y+28.3%+18.6%
CAGR 5Y+16.5%+7.5%
Sharpe 3Y1.260.84
Volatility 1Y16.48%15.23%
Max drawdown-33.94%-34.71%

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

Similar to FDMO and AAVM