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FDMO vs SPMO

Fidelity Momentum Factor ETF vs Invesco S&P 500 Momentum ETF

FDMO

Fidelity Momentum Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$842M

SPMO

Invesco S&P 500 Momentum ETF

Invesco

Annual cost

0.13%

Fund size

$16.0B

Key differences

  • SPMO is significantly larger than FDMO — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPMO has delivered higher annualized returns.

Side-by-side comparison

FDMOSPMO
Annual cost (TER)0.15%0.13%
Fund size (AUM)$842M$16.0B
Since20162015
Dividend yield0.60%0.76%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+33.5%+42.0%
CAGR 3Y+28.3%+39.6%
CAGR 5Y+16.5%+23.3%
Sharpe 3Y1.261.64
Volatility 1Y16.48%17.45%
Max drawdown-33.94%-30.95%

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

Similar to FDMO and SPMO