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FDMO vs FMCX

Fidelity Momentum Factor ETF vs FM Focus Equity ETF

FDMO

Fidelity Momentum Factor ETF

Annual cost

0.15%

Fund size

$903M

FMCX

FM Focus Equity ETF

Annual cost

0.71%

Fund size

$118M

Key differences

Both FDMO and FMCX are equity ETFs. FDMO charges 0.15% a year and FMCX 0.71%. The main difference: FDMO follows a index tracking strategy; FMCX uses active selection.

  • FDMO follows a index tracking strategy; FMCX uses active selection.
  • FDMO costs 0.56% less per year.
  • FDMO is much larger than FMCX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FDMO has delivered higher annualized returns.
  • FDMO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDMOFMCX
Annual cost (TER)0.15%0.71%
Fund size (AUM)$903M$118M
Since20162022
Dividend yield0.56%0.33%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+31.1%+14.1%
CAGR 3Y+28.3%+15.8%
CAGR 5Y+16.0%N/A
Sharpe 3Y1.240.86
Volatility 1Y17.46%13.13%
Max drawdown-33.94%-17.70%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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