FDMOFidelity Momentum Factor ETF
FDMO Fund Description
FDMO tracks an index large-cap US stocks selected for positive momentum signals.
FDMO Factset Analytics Insight
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.
FDMO MSCI ESG Analytics Insight
Fidelity Momentum Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.71 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Momentum Factor ETF ranks in the 68th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDMO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FDMO Summary Data
FDMO Portfolio Data
FDMO Index Data
FDMO Portfolio Management
FDMO Tax Exposures
FDMO Fund Structure
FDMO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FDMO. FDMO is rated a 5 out of 5.
FDMO Sector/Industry Breakdown
FDMO Economic Development
FDMO Performance Statistics
FDMO MSCI ESG Ratings
FDMO Benchmark Comparison Summary
FDMO Benchmark Comparison Market Cap Size