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FDMO - ETF AI Analysis
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Fidelity Momentum Factor ETF (FDMO)
Rating:73Outperform
Price Target:―
Positive Factors
Momentum-Focused Strategy
The ETF targets stocks with strong recent momentum, which can help it participate in ongoing market trends.
Tech-Driven Growth Exposure
A large allocation to major technology and communication services names gives investors exposure to companies that have been key drivers of market gains.
Low Expense Ratio
The fund’s relatively low fee means more of any returns stay in investors’ pockets instead of going to costs.
Negative Factors
Heavy Concentration in a Few Mega-Caps
A significant portion of the portfolio is tied up in a small group of large tech-related stocks, increasing the impact if any of them struggle.
Recent Weakness in Several Top Holdings
Some of the largest positions, including well-known technology names, have shown weak year-to-date performance, which can drag on the fund.
Limited Geographic Diversification
With almost all assets in U.S. stocks, the ETF offers little protection if the U.S. market underperforms other regions.
FDMO vs. SPDR S&P 500 ETF (SPY)
AUM667.06M
RegionNorth America
Expense Ratio0.15%
Beta1.24
IssuerFidelity
Inception DateSep 12, 2016
Dividend Yield0.6%
Asset ClassEquity
Index TrackedFidelity U.S. Momentum Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume35,381
30 Day Avg. Volume42,076
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
103.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering123
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, focusing on large U.S. companies whose stock prices have been rising strongly. It holds many well-known names such as Nvidia and Microsoft, along with other big tech and blue-chip firms across several sectors. Someone might invest in FDMO if they want growth potential by riding trends in stocks that have recently done well, while still staying mostly in large, established companies. A key risk is that momentum stocks can fall quickly when trends reverse, so the fund’s value can move up and down sharply with market swings.
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 and AI wave, with Nvidia, Micron, and Lam Research doing much of the heavy lifting as their momentum in chips and data centers keeps climbing. Meta and Alphabet are also adding fuel, with generally rising trends tied to AI and digital advertising. On the flip side, Microsoft and Amazon have been losing a bit of steam lately, and Tesla is more of a wobble than a rocket, slightly dragging on results. Overall, this is a U.S.-centric, tech-heavy momentum bet with a few big names steering the ship.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.85% | $52.86M | $4.69T | 53.88% | 76 Outperform | |
| Apple | 6.71% | $45.21M | $4.00T | 15.02% | 79 Outperform | |
| Alphabet Class A | 5.31% | $35.79M | $3.76T | 82.42% | 85 Outperform | |
| Microsoft | 5.07% | $34.14M | $2.89T | 2.34% | 79 Outperform | |
| Amazon | 3.48% | $23.47M | $2.24T | -0.39% | 71 Outperform | |
| Broadcom | 3.00% | $20.19M | $1.54T | 62.64% | 76 Outperform | |
| Meta Platforms | 2.52% | $16.96M | $1.62T | -0.19% | 76 Outperform | |
| Tesla | 2.21% | $14.87M | $1.54T | 44.91% | 73 Outperform | |
| Eli Lilly & Co | 1.83% | $12.30M | $983.12B | 12.91% | 72 Outperform | |
| Berkshire Hathaway B | 1.80% | $12.13M | $1.07T | 0.05% | 66 Neutral |
FDMO Technical Analysis
Positive
―
Price Trends
85.26
Negative
84.25
Positive
80.42
Positive
Market Momentum
-0.14
Negative
50.30
Neutral
81.36
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDMO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 84.83, equal to the 50-day MA of 85.26, and equal to the 200-day MA of 80.42, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 50.30 is Neutral, neither overbought nor oversold. The STOCH value of 81.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDMO.
FDMO Peer Comparison
Comparison Results
Performance Comparison
FDMO
Fidelity Momentum Factor ETF
84.13
16.21
23.87%
SYLD
Cambria Shareholder Yield ETF
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AUSF
Global X Adaptive U.S. Factor ETF
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ABFL
Fcf Us Quality Etf
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PFM
Invesco Dividend Achievers ETF
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BGDV
Bahl & Gaynor Dividend ETF
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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.
Disclaimer
This 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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