FDMO stock icon

Fidelity Momentum Factor ETF
FDMO

$65.97
0.26%

Market Cap: $294M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 12

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

17% more capital invested

Capital invested by funds: $115M [Q1] → $134M (+$19.3M) [Q2]

2% more funds holding

Funds holding: 48 [Q1] → 49 (+1) [Q2]

0.13% less ownership

Funds ownership: 60.57% [Q1] → 60.44% (-0.13%) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FDMO.

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Financial journalist opinion

Positive
Seeking Alpha
2 months ago
FDMO: Low-Cost Momentum ETF With Mixed Returns
FDMO is supposed to offer exposure to U.S. stocks exhibiting strong momentum characteristics. The index it tracks has a nuanced approach to constituent selection, with returns, volatility, EPS surprises, and short interest among the parameters assessed. Most FDMO's holdings have high beta, accompanied by robust growth characteristics. At the same time, there is close to nothing to criticize about their quality.
FDMO: Low-Cost Momentum ETF With Mixed Returns
Negative
Seeking Alpha
2 months ago
What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha
Vanguard offers factor-based ETFs that have shown outstanding performance compared to unmanaged, index-based comparison ETFs. Factor-based ETFs have now become mainstream investments, with a market share of over 20% globally. Assets under management for factor-based investments have grown significantly, leading many investors to include factor funds in their portfolios.
What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha
Positive
ETF Trends
3 months ago
Whichever Direction Rates Move, Consider Looking to Fidelity ETFs
The debate around economic resilience and the direction of inflation and interest rates continues into summer. Fidelity offers an array of ETFs to reflect your portfolio's position on the path of interest rates looking ahead.
Whichever Direction Rates Move, Consider Looking to Fidelity ETFs
Negative
Seeking Alpha
4 months ago
FDMO: A Sophisticated, But Not Better Momentum ETF
Fidelity Momentum Factor ETF (FDMO) implements a sector-neutral strategy based on price performance, earnings surprise and short interest. It is overweight in technology and large companies. FDMO track record is disappointing compared to another momentum ETF with a simpler methodology.
FDMO: A Sophisticated, But Not Better Momentum ETF
Positive
ETF Trends
5 months ago
3 Key Considerations That Set Fidelity's Factor ETFs Apart
Factor investing remains one of the most popular investing strategies this decade. Fidelity offers several factor-based equity ETFs that rely on its “three S” approach.
3 Key Considerations That Set Fidelity's Factor ETFs Apart
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