FDMO vs. FDLO ETF Comparison

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

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

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

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

$61.98

Average Daily Volume

74,193

Number of Holdings ^*

125

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	FDLO
30 Days	6.00%	0.81%
60 Days	8.27%	1.49%
90 Days	10.44%	4.05%
12 Months	42.98%	21.68%

34 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in FDLO	Overlap
AAPL	C	6.8%	7.26%	6.8%
ABBV	D	1.08%	0.98%	0.98%
AEP	D	0.28%	0.28%	0.28%
AMZN	C	3.76%	3.92%	3.76%
BRK.A	B	2.14%	2.13%	2.13%
CL	D	0.33%	0.35%	0.33%
CVX	A	0.67%	0.69%	0.67%
DLR	B	0.24%	0.26%	0.24%
DTM	B	0.2%	0.23%	0.2%
DUK	C	0.35%	0.35%	0.35%
ECL	D	0.23%	0.24%	0.23%
EQR	B	0.19%	0.18%	0.18%
GOOGL	C	3.54%	4.12%	3.54%
HD	A	1.08%	1.19%	1.08%
JPM	A	1.88%	1.89%	1.88%
KMB	D	0.28%	0.3%	0.28%
KMI	A	0.28%	0.3%	0.28%
KO	D	0.61%	0.66%	0.61%
LIN	D	0.51%	0.53%	0.51%
LLY	F	1.68%	1.57%	1.57%
MSFT	F	6.21%	6.93%	6.21%
MSI	B	0.88%	1.49%	0.88%
PG	A	0.92%	0.99%	0.92%
PGR	A	0.87%	0.84%	0.84%
PKG	A	0.16%	0.19%	0.16%
PM	B	0.55%	0.62%	0.55%
PSA	D	0.24%	0.25%	0.24%
SHW	A	0.29%	0.3%	0.29%
T	A	0.52%	0.99%	0.52%
TJX	A	0.61%	0.65%	0.61%
TMUS	B	0.45%	0.97%	0.45%
WMB	A	0.3%	0.34%	0.3%
WMT	A	0.86%	0.95%	0.86%
XOM	B	1.12%	1.17%	1.12%

FDMO Overweight 88 Positions Relative to FDLO

Symbol	Grade	Weight
NVDA	C	6.97%
META	D	2.39%
AVGO	D	2.03%
TSLA	B	2.03%
PLTR	B	1.3%
APP	B	1.27%
BAC	A	1.21%
COIN	C	1.09%
ISRG	A	1.06%
GS	A	0.99%
BSX	B	0.95%
DHR	F	0.92%
COST	B	0.92%
AXP	A	0.9%
NFLX	A	0.88%
NTRA	B	0.87%
FICO	B	0.86%
HOOD	B	0.83%
ANET	C	0.82%
KKR	A	0.8%
HCA	F	0.78%
QTWO	A	0.78%
GDDY	A	0.78%
CVLT	B	0.74%
GKOS	B	0.74%
GE	D	0.74%
CAT	B	0.73%
RVMD	C	0.73%
SYF	B	0.72%
THC	D	0.72%
BK	A	0.7%
RNA	D	0.7%
UBER	D	0.67%
EVR	B	0.67%
HIG	B	0.67%
RTX	C	0.66%
BKNG	A	0.66%
FIS	C	0.65%
TT	A	0.59%
JXN	C	0.59%
MPWR	F	0.56%
CTAS	B	0.54%
HWM	A	0.52%
CARR	D	0.51%
VRT	B	0.51%
URI	B	0.5%
TDG	D	0.5%
GM	B	0.5%
RCL	A	0.48%
FIX	A	0.47%
NEE	D	0.47%
EME	C	0.47%
MLI	C	0.44%
ZETA	D	0.43%
EBAY	D	0.42%
DY	D	0.42%
TRU	D	0.4%
SN	D	0.39%
LDOS	C	0.38%
CVNA	B	0.38%
MO	A	0.37%
TTD	B	0.32%
LUMN	C	0.32%
VST	B	0.31%
OKE	A	0.3%
CEG	D	0.29%
PEG	A	0.28%
WELL	A	0.28%
TRGP	B	0.27%
SPG	B	0.25%
FRPT	B	0.24%
NRG	B	0.24%
TPL	A	0.24%
SFM	A	0.24%
CBRE	B	0.21%
NEM	D	0.2%
EXR	D	0.2%
IRM	D	0.19%
FTI	A	0.19%
ESS	B	0.18%
SW	A	0.17%
JLL	D	0.16%
CRS	A	0.16%
IFF	D	0.15%
SLG	B	0.15%
VNO	B	0.15%
LPX	B	0.15%
ATI	D	0.14%

FDMO Underweight 91 Positions Relative to FDLO

Symbol	Grade	Weight
ORCL	B	-2.01%
CSCO	B	-1.77%
ACN	C	-1.6%
UNH	C	-1.55%
IBM	C	-1.54%
TXN	C	-1.48%
V	A	-1.47%
MA	C	-1.34%
ROP	B	-1.21%
TYL	B	-1.19%
JNJ	D	-1.18%
VRSN	F	-1.08%
DOX	D	-1.08%
AKAM	D	-1.03%
CMCSA	B	-0.95%
VZ	C	-0.93%
ABT	B	-0.9%
MRK	F	-0.88%
MCD	D	-0.8%
TMO	F	-0.78%
EA	A	-0.72%
CB	C	-0.72%
ETN	A	-0.72%
LOW	D	-0.71%
AMGN	D	-0.71%
SBUX	A	-0.7%
HON	B	-0.7%
VRTX	F	-0.69%
TRV	B	-0.69%
CME	A	-0.69%
MMC	B	-0.67%
ADP	B	-0.66%
UNP	C	-0.63%
PEP	F	-0.62%
AJG	B	-0.61%
AIZ	A	-0.61%
BDX	F	-0.6%
FDS	B	-0.59%
LMT	D	-0.58%
ITW	B	-0.56%
WRB	A	-0.56%
NKE	D	-0.56%
WM	A	-0.55%
CBOE	B	-0.55%
FAST	B	-0.54%
ORLY	B	-0.53%
JKHY	D	-0.51%
PAYX	C	-0.51%
GRMN	B	-0.51%
REGN	F	-0.5%
NOC	D	-0.5%
GD	F	-0.49%
LHX	C	-0.49%
OTIS	C	-0.47%
AZO	C	-0.47%
RSG	A	-0.47%
TSCO	D	-0.46%
ERIE	D	-0.45%
BAH	F	-0.43%
COP	C	-0.41%
J	F	-0.39%
SO	D	-0.37%
MDLZ	F	-0.37%
FCN	D	-0.34%
EOG	A	-0.32%
EQIX	A	-0.31%
XEL	A	-0.3%
HII	D	-0.29%
AMT	D	-0.29%
GIS	D	-0.28%
LNG	B	-0.28%
WEC	A	-0.27%
APD	A	-0.27%
AEE	A	-0.26%
ED	D	-0.25%
CMS	C	-0.24%
HSY	F	-0.24%
O	D	-0.22%
CCI	D	-0.21%
VMC	B	-0.2%
CTVA	C	-0.2%
MLM	B	-0.19%
CTRA	B	-0.19%
CSGP	D	-0.18%
MAA	B	-0.18%
ADC	B	-0.16%
AMH	D	-0.16%
ELS	C	-0.16%
ATR	B	-0.16%
AMCR	D	-0.15%
AVY	D	-0.14%