FDMOFidelity Momentum Factor ETF
Seeks investment returns that correspond to the performance of the Fidelity U.S. Momentum Factor Index.
By Fidelity Investments · Launched 2016
Annual Cost
0.15%
#612 of 5,861 · low cost
Fund Size
$957M
#1,158 of 5,861 · large
Return (1Y)Goal
+19.5%
Track Record
9 years
#1,436 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,924+19.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
North americaCap
Multi cap
Strategy
Index tracking
Factor
Momentum
Index tracked
Fidelity US Momentum Factor Index
What it actually holds
By weightConcentration
Top 10 holdings = 40.3% of fundmoderately concentrated
NVIDIA CORP
7.3%
APPLE INC
6.1%
ALPHABET INC
5.9%
MICROSOFT CORP
4.6%
AMAZON.COM INC
4.1%
BROADCOM INC
3.5%
Fidelity Revere Street Trust
3.0%
META PLATFORMS INC
2.2%
TESLA INC
1.9%
ADVANCED MICRO DEVICES INC
1.8%
Asset allocation
Stocks
100.0%
Cash
0.0%
By sector
Technology
39.9%
Financial Services
11.6%
Healthcare
9.3%
Industrials
9.3%
Consumer Cyclical
8.9%
Communication
8.4%
Consumer Defensive
3.8%
Energy
2.9%
Other
5.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
19.2%Moderate
Year-on-year price swings
Max drawdown
-33.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
1.04Strong risk-adjusted returns
Sortino (3Y)
1.51Good downside protection
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment returns that correspond to the performance of the Fidelity U.S. Momentum Factor Index.
- Strategy
- Invests primarily in securities of large and mid-cap U.S. companies exhibiting positive momentum signals, as defined by the Fidelity U.S. Momentum Factor Index. Stocks are selected based on composite scores from multiple momentum measures and weighted by market capitalization within a sector-neutral framework.
- Inception date
- September 12, 2016
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04