FDLO vs. FDMO ETF Comparison

Comparison of Fidelity Low Volatility Factor ETF (FDLO) to Fidelity Momentum Factor ETF (FDMO)

FDLO

Fidelity Low Volatility Factor ETF

FDLO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Low Volatility Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$60.70

Average Daily Volume

91,579

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$65.62

Average Daily Volume

43,049

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	FDLO	FDMO
30 Days	0.53%	3.94%
60 Days	5.11%	8.84%
90 Days	5.58%	1.33%
12 Months	27.01%	42.67%

42 Overlapping Holdings

Symbol	Grade	Weight in FDLO	Weight in FDMO	Overlap
ABBV	B	1.16%	1.34%	1.16%
AEP	C	0.3%	0.25%	0.25%
AMGN	D	0.81%	0.96%	0.81%
AMT	C	0.34%	0.33%	0.33%
AMZN	C	3.64%	3.6%	3.6%
AVY	D	0.16%	0.16%	0.16%
BRK.A	C	2.07%	2.0%	2.0%
CB	B	0.73%	0.68%	0.68%
CL	D	0.39%	0.39%	0.39%
DLR	C	0.24%	0.23%	0.23%
DUK	B	0.37%	0.33%	0.33%
ECL	B	0.25%	0.25%	0.25%
EQIX	C	0.3%	0.29%	0.29%
ETN	C	0.66%	0.64%	0.64%
GD	C	0.51%	0.5%	0.5%
GOOGL	B	3.93%	3.59%	3.59%
HD	A	1.17%	1.25%	1.17%
JPM	D	1.62%	1.54%	1.54%
KO	C	0.76%	0.76%	0.76%
LIN	B	0.57%	0.56%	0.56%
LLY	D	1.85%	2.03%	1.85%
MLM	F	0.18%	0.17%	0.17%
MRK	F	1.04%	1.22%	1.04%
MSFT	D	7.16%	6.99%	6.99%
PG	D	1.01%	1.0%	1.0%
PGR	C	0.83%	0.78%	0.78%
PKG	B	0.17%	0.17%	0.17%
PM	D	0.59%	0.59%	0.59%
PSA	C	0.26%	0.25%	0.25%
REGN	D	0.68%	0.85%	0.68%
RSG	C	0.45%	0.44%	0.44%
SHW	C	0.31%	0.3%	0.3%
SO	A	0.38%	0.34%	0.34%
T	A	0.96%	0.55%	0.55%
TJX	D	0.64%	0.69%	0.64%
TMUS	A	0.85%	0.44%	0.44%
V	C	1.31%	1.26%	1.26%
VZ	B	1.01%	0.6%	0.6%
WM	B	0.52%	0.5%	0.5%
WMB	A	0.27%	0.34%	0.27%
WMT	A	0.9%	0.92%	0.9%
XOM	A	1.14%	1.23%	1.14%

FDLO Overweight 83 Positions Relative to FDMO

Symbol	Grade	Weight
AAPL	C	7.37%
ORCL	C	1.85%
IBM	A	1.66%
CSCO	A	1.63%
ACN	B	1.58%
TXN	C	1.55%
UNH	B	1.52%
MSI	A	1.37%
MA	A	1.27%
JNJ	D	1.24%
ROP	C	1.23%
AKAM	D	1.19%
TYL	B	1.16%
DOX	B	1.14%
VRSN	B	1.14%
TMO	D	0.94%
CMCSA	C	0.92%
ABT	C	0.88%
MCD	A	0.84%
LOW	A	0.7%
SBUX	C	0.69%
MMC	D	0.68%
VRTX	D	0.68%
CME	A	0.67%
NKE	D	0.66%
UNP	D	0.66%
PEP	F	0.66%
HON	C	0.64%
BDX	C	0.64%
EA	D	0.64%
TRV	C	0.63%
LMT	A	0.63%
CVX	B	0.62%
ADP	A	0.6%
ERIE	B	0.6%
AJG	D	0.58%
CBOE	B	0.56%
AIZ	B	0.56%
FDS	C	0.56%
NOC	B	0.54%
ITW	B	0.54%
JKHY	A	0.52%
WRB	C	0.52%
ORLY	A	0.5%
OTIS	A	0.49%
AZO	D	0.48%
LHX	A	0.47%
TSCO	B	0.47%
PAYX	A	0.47%
FAST	C	0.47%
BAH	A	0.46%
J	F	0.44%
GRMN	D	0.43%
MDLZ	D	0.43%
FCN	C	0.4%
HII	F	0.39%
COP	D	0.38%
GIS	C	0.33%
KMB	D	0.32%
EOG	B	0.29%
XEL	B	0.28%
ED	A	0.27%
HSY	F	0.27%
APD	C	0.26%
WEC	A	0.26%
O	A	0.25%
AEE	A	0.25%
LNG	A	0.24%
KMI	A	0.24%
CMS	A	0.24%
CCI	C	0.23%
CTVA	A	0.22%
CSGP	F	0.19%
EQR	C	0.19%
MAA	D	0.18%
DTM	A	0.18%
VMC	D	0.18%
CTRA	D	0.18%
AMCR	C	0.17%
ATR	A	0.16%
ELS	D	0.16%
AMH	D	0.16%
ADC	B	0.15%

FDLO Underweight 80 Positions Relative to FDMO

Symbol	Grade	Weight
NVDA	B	-6.59%
AVGO	C	-2.64%
META	A	-2.62%
APP	A	-2.0%
CRWD	D	-1.5%
ANET	A	-1.45%
AMAT	B	-1.43%
MU	D	-1.32%
KLAC	B	-1.31%
APH	D	-1.29%
GDDY	D	-1.26%
DELL	C	-1.23%
ISRG	C	-1.04%
BSX	A	-0.98%
COST	C	-0.97%
BAC	D	-0.92%
ELV	F	-0.86%
NTRA	B	-0.85%
NFLX	B	-0.82%
WFC	F	-0.78%
CAT	A	-0.78%
GE	C	-0.77%
THC	D	-0.76%
AXP	B	-0.74%
BKNG	C	-0.73%
UBER	C	-0.72%
GS	D	-0.71%
RTX	A	-0.69%
MCK	F	-0.65%
C	C	-0.64%
KKR	C	-0.62%
CMG	C	-0.6%
TT	A	-0.58%
HLT	B	-0.58%
CVNA	A	-0.55%
ALL	C	-0.55%
TDG	B	-0.55%
VRT	B	-0.53%
HIG	B	-0.52%
WING	C	-0.51%
CTAS	C	-0.51%
DECK	B	-0.49%
HOOD	C	-0.49%
NEE	A	-0.49%
WSM	B	-0.48%
WAB	B	-0.47%
JXN	A	-0.46%
LDOS	A	-0.45%
FIX	B	-0.45%
EME	C	-0.45%
CSL	A	-0.43%
ANF	F	-0.42%
COIN	F	-0.39%
CEG	A	-0.38%
OKE	A	-0.35%
MPC	C	-0.32%
VST	B	-0.32%
TRGP	A	-0.31%
PSX	D	-0.31%
FCX	B	-0.28%
WELL	C	-0.28%
SFM	A	-0.27%
FANG	C	-0.26%
PEG	A	-0.26%
FRPT	C	-0.26%
CASY	D	-0.25%
SPG	A	-0.24%
NRG	A	-0.23%
FTI	B	-0.23%
EXR	C	-0.21%
IRM	A	-0.2%
AVB	C	-0.19%
IFF	C	-0.18%
WFRD	F	-0.18%
ELF	F	-0.16%
LAMR	C	-0.16%
STLD	B	-0.16%
ESS	D	-0.16%
CRS	C	-0.15%
SLG	C	-0.14%