Key stats
About Fidelity Momentum Factor ETF
Home page
Inception date
Sep 12, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3160928160
FDMO hunts among the 1,000 largest US stocks for those with positive price momentum. Potential holdings are screened using a scoring system based on four metrics: high total return, high volatility-adjusted return, high positive earnings surprises, and low average short interest. Factor scores are also scaled by market cap. The portfolio is weighted so that sector exposure reflects the neutral market, with holdings within sectors weighted by a combination of market cap and factor score. The fund is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.77%
Technology Services31.62%
Electronic Technology17.04%
Finance15.24%
Retail Trade7.95%
Health Technology4.52%
Distribution Services2.48%
Consumer Non-Durables2.48%
Consumer Durables2.33%
Energy Minerals2.22%
Producer Manufacturing2.22%
Utilities1.82%
Consumer Services1.82%
Transportation1.65%
Industrial Services1.64%
Non-Energy Minerals1.10%
Process Industries1.09%
Health Services0.60%
Communications0.57%
Bonds, Cash & Other0.23%
Mutual fund1.62%
Government0.01%
Futures0.00%
Cash−1.41%
Stock breakdown by region
North America98.88%
Europe1.12%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDMO invests in stocks. The fund's major sectors are Technology Services, with 32.07% stocks, and Electronic Technology, with 17.28% of the basket. The assets are mostly located in the North America region.
FDMO top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 7.86% and 6.99% of the portfolio correspondingly.
FDMO last dividends amounted to 0.15 USD. The quarter before, the issuer paid 0.12 USD in dividends, which shows a 20.13% increase.
FDMO assets under management is 542.82 M USD. It's risen 6.37% over the last month.
FDMO fund flows account for 162.36 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDMO pays dividends to its holders with the dividend yield of 0.81%. The last dividend (Sep 23, 2025) amounted to 0.15 USD. The dividends are paid quarterly.
FDMO shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Sep 12, 2016, and its management style is Passive.
FDMO expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
FDMO follows the Fidelity U.S. Momentum Factor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDMO invests in stocks.
FDMO price has risen by 6.51% over the last month, and its yearly performance shows a 26.91% increase. See more dynamics on FDMO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.79% over the last month, showed a 13.26% increase in three-month performance and has increased by 27.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.79% over the last month, showed a 13.26% increase in three-month performance and has increased by 27.74% in a year.
FDMO trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.