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FMCX vs FDMO

FM Focus Equity ETF vs Fidelity Momentum Factor ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

FDMO

Fidelity Momentum Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$842M

Key differences

  • FDMO costs 0.56% less per year.
  • FDMO is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; FDMO uses index tracking.
  • Over the last 3 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

FMCXFDMO
Annual cost (TER)0.71%0.15%
Fund size (AUM)$115M$842M
Since20222016
Dividend yield0.34%0.60%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+33.5%
CAGR 3Y+17.2%+28.3%
CAGR 5YN/A+16.5%
Sharpe 3Y0.951.26
Volatility 1Y12.96%16.48%
Max drawdown-17.70%-33.94%

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

Similar to FMCX and FDMO