FDMO - ETF AI Analysis
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Fidelity Momentum Factor ETF (FDMO)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its strategy.
Leading Growth Companies in Top Holdings
The fund’s largest positions include well-known technology and growth companies that have generally shown strong performance, helping drive returns.
Low Expense Ratio
The ETF charges relatively low fees, which helps investors keep more of the fund’s returns over time.
Negative Factors
Heavy Tilt Toward Technology
A large portion of the portfolio is in technology stocks, which can increase risk if that sector experiences a downturn.
Single-Country Concentration
Almost all of the ETF’s holdings are in U.S. companies, offering little geographic diversification if the U.S. market struggles.
Exposure to Weak-Performing Holding
One of the major positions has shown weak performance this year, which can drag on the fund’s overall results.
FDMO vs. SPDR S&P 500 ETF (SPY)
AUM873.36M
RegionNorth America
Expense Ratio0.15%
Beta1.22
IssuerFidelity
Inception DateSep 12, 2016
Dividend Yield0.62%
Asset ClassEquity
Index TrackedFidelity U.S. Momentum Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume77,510
30 Day Avg. Volume63,327
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
114.03Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering134
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDMO Summary
The Fidelity Momentum Factor ETF (FDMO) tracks the Fidelity U.S. Momentum Factor Index, which focuses on large U.S. companies whose stock prices have been rising strongly. It holds many well-known names, including Nvidia and Apple, and is heavily invested in technology, but also owns financial, health care, and consumer companies. An investor might choose this ETF to seek growth by riding trends in leading U.S. stocks while still being diversified across sectors. A key risk is that momentum stocks can fall quickly when trends reverse, and the fund can go up and down sharply with the overall stock market.
How much will it cost me?The Fidelity Momentum Factor ETF (FDMO) has an expense ratio of 0.16%, which means you’ll pay $1.60 per year for every $1,000 invested. This is lower than the average for actively managed funds, as FDMO uses a factor-based approach to track momentum stocks rather than traditional active management.
What would affect this ETF?The Fidelity Momentum Factor ETF (FDMO) could benefit from continued strength in the technology sector, which makes up a significant portion of its holdings, as well as positive economic conditions that support consumer spending and innovation. However, rising interest rates or regulatory changes affecting large-cap tech companies like Nvidia and Microsoft could negatively impact the fund's performance. Additionally, broader market volatility or economic downturns may pose risks to momentum-driven strategies.
FDMO Top 10 Holdings
FDMO is riding a powerful U.S. tech momentum wave, with Apple and Nvidia acting as twin engines for the fund as their rallies stay firmly in gear. Micron and Applied Materials add more fuel from the semiconductor side, though their recent trading has been choppier, creating a bit of turbulence. Alphabet and Amazon, once reliable growth drivers, have been more mixed lately, occasionally tapping the brakes on performance. Overall, the ETF is heavily tilted toward large-cap U.S. tech and AI themes, with financials like JPMorgan providing a steadier supporting cast.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 8.61% | $75.19M | $4.97T | 60.63% | 79 Outperform | |
| Nvidia | 7.81% | $68.19M | $4.60T | 9.65% | 76 Outperform | |
| Alphabet Class A | 5.55% | $48.43M | $4.11T | 73.87% | 85 Outperform | |
| Broadcom | 3.47% | $30.34M | $1.76T | 32.05% | 76 Outperform | |
| Amazon | 3.43% | $29.96M | $2.44T | 0.59% | 71 Outperform | |
| Micron | 2.62% | $22.84M | $834.62B | 701.41% | 79 Outperform | |
| Meta Platforms | 2.23% | $19.44M | $1.49T | -30.31% | 76 Outperform | |
| Eli Lilly & Co | 2.13% | $18.65M | $1.14T | 56.06% | 72 Outperform | |
| JPMorgan Chase | 1.89% | $16.55M | $923.65B | 18.43% | 72 Outperform | |
| Berkshire Hathaway B | 1.89% | $16.50M | $988.05B | 8.01% | 66 Neutral |
FDMO Technical Analysis
Neutral
―
Price Trends
94.84
Negative
90.49
Positive
87.26
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDMO, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 93.89, equal to the 50-day MA of 94.84, and equal to the 200-day MA of 87.26, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FDMO.
FDMO Peer Comparison
Comparison Results
Performance Comparison
FDMO
Fidelity Momentum Factor ETF
92.14
16.18
21.30%
AUSF
Global X Adaptive U.S. Factor ETF
―
―
―
HLAL
Wahed FTSE USA Shariah ETF
―
―
―
VFMF
Vanguard U.S. Multifactor ETF
―
―
―
BGDV
Bahl & Gaynor Dividend ETF
―
―
―
PFM
Invesco Dividend Achievers ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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