FDMO vs. FEX ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to First Trust Large Cap Core AlphaDEX (FEX)

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

$65.71

Average Daily Volume

39,693

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$103.35

Average Daily Volume

22,857

Number of Holdings ^*

370

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	FEX
30 Days	0.23%	1.79%
60 Days	1.97%	3.47%
90 Days	0.97%	5.04%
12 Months	34.27%	23.44%

85 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in FEX	Overlap
AEP	B	0.26%	0.4%	0.26%
AMAT	D	1.4%	0.27%	0.27%
AMGN	B	1.01%	0.36%	0.36%
AMZN	C	3.7%	0.32%	0.32%
ANET	B	1.39%	0.43%	0.43%
APH	D	1.32%	0.32%	0.32%
AVB	B	0.2%	0.19%	0.19%
AVGO	C	2.7%	0.35%	0.35%
AXP	B	0.73%	0.1%	0.1%
BAC	D	0.93%	0.25%	0.25%
BKNG	B	0.72%	0.34%	0.34%
BRK.A	C	1.99%	0.47%	0.47%
BSX	B	0.99%	0.37%	0.37%
C	D	0.61%	0.23%	0.23%
CAT	C	0.7%	0.26%	0.26%
CB	B	0.68%	0.39%	0.39%
CEG	C	0.29%	0.34%	0.29%
CL	C	0.41%	0.37%	0.37%
CMG	C	0.6%	0.31%	0.31%
COST	C	1.04%	0.45%	0.45%
CRWD	F	1.44%	0.3%	0.3%
CSL	C	0.41%	0.26%	0.26%
CTAS	C	0.53%	0.3%	0.3%
DECK	C	0.5%	0.41%	0.41%
DLR	B	0.23%	0.18%	0.18%
DUK	C	0.33%	0.3%	0.3%
ECL	B	0.25%	0.27%	0.25%
ELV	C	0.95%	0.17%	0.17%
ESS	B	0.18%	0.2%	0.18%
ETN	C	0.61%	0.33%	0.33%
FANG	D	0.25%	0.37%	0.25%
FCX	D	0.24%	0.07%	0.07%
GD	B	0.51%	0.18%	0.18%
GDDY	C	1.27%	0.45%	0.45%
GE	B	0.75%	0.48%	0.48%
GOOGL	D	3.45%	0.37%	0.37%
GS	D	0.71%	0.27%	0.27%
HIG	A	0.52%	0.39%	0.39%
HLT	B	0.56%	0.34%	0.34%
IRM	B	0.2%	0.56%	0.2%
ISRG	C	1.07%	0.37%	0.37%
JPM	D	1.54%	0.43%	0.43%
KKR	B	0.6%	0.51%	0.51%
KLAC	D	1.33%	0.23%	0.23%
KO	B	0.77%	0.19%	0.19%
LIN	B	0.56%	0.09%	0.09%
LLY	C	2.16%	0.43%	0.43%
META	A	2.43%	0.45%	0.45%
MLM	D	0.17%	0.08%	0.08%
MPC	D	0.32%	0.39%	0.32%
MSFT	C	7.28%	0.16%	0.16%
NEE	B	0.5%	0.3%	0.3%
NFLX	B	0.82%	0.35%	0.35%
NVDA	D	6.83%	0.4%	0.4%
OKE	B	0.35%	0.29%	0.29%
PEG	B	0.24%	0.29%	0.24%
PG	C	1.03%	0.09%	0.09%
PGR	A	0.8%	0.1%	0.1%
PKG	B	0.17%	0.3%	0.17%
PM	C	0.62%	0.21%	0.21%
PSX	D	0.3%	0.38%	0.3%
REGN	C	0.95%	0.19%	0.19%
RSG	D	0.46%	0.27%	0.27%
RTX	C	0.67%	0.1%	0.1%
SMCI	F	0.82%	0.09%	0.09%
SO	B	0.34%	0.1%	0.1%
SPG	B	0.24%	0.09%	0.09%
STLD	D	0.14%	0.36%	0.14%
T	B	0.54%	0.49%	0.49%
TDG	B	0.54%	0.36%	0.36%
TJX	C	0.72%	0.46%	0.46%
TMUS	C	0.44%	0.3%	0.3%
TRGP	B	0.31%	0.1%	0.1%
TT	B	0.55%	0.47%	0.47%
UBER	C	0.72%	0.25%	0.25%
VRT	C	0.48%	0.42%	0.42%
VST	C	0.23%	0.44%	0.23%
VZ	B	0.6%	0.37%	0.37%
WAB	A	0.45%	0.45%	0.45%
WELL	B	0.29%	0.21%	0.21%
WFC	D	0.75%	0.31%	0.31%
WM	D	0.51%	0.25%	0.25%
WMB	B	0.34%	0.18%	0.18%
WMT	B	0.93%	0.1%	0.1%
XOM	D	1.16%	0.41%	0.41%

FDMO Overweight 38 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	1.75%
ABBV	C	1.35%
V	B	1.33%
DELL	D	1.26%
MRK	D	1.25%
MU	F	1.22%
HD	B	1.18%
NTRA	B	0.86%
THC	B	0.78%
MCK	F	0.69%
ALL	A	0.56%
HOOD	C	0.5%
WING	B	0.48%
WSM	C	0.47%
ANF	D	0.45%
CVNA	B	0.45%
JXN	B	0.44%
EME	B	0.43%
LDOS	C	0.43%
FIX	B	0.41%
COIN	F	0.39%
AMT	C	0.34%
SHW	B	0.3%
EQIX	B	0.29%
FRPT	B	0.28%
SFM	B	0.26%
PSA	B	0.26%
CASY	D	0.26%
FTI	D	0.21%
EXR	B	0.21%
WFRD	F	0.2%
NRG	C	0.2%
IFF	B	0.18%
ELF	F	0.17%
LAMR	A	0.16%
AVY	D	0.16%
CRS	B	0.14%
SLG	B	0.14%

FDMO Underweight 285 Positions Relative to FEX

Symbol	Grade	Weight
DHI	B	-0.58%
LEN	B	-0.53%
HWM	B	-0.52%
EBAY	B	-0.51%
ETR	A	-0.51%
HEI	B	-0.5%
BK	A	-0.5%
GPN	D	-0.49%
FOXA	B	-0.49%
CINF	B	-0.49%
ACGL	B	-0.48%
CTSH	C	-0.48%
FCNCA	D	-0.47%
UAL	B	-0.45%
GRMN	D	-0.45%
RCL	B	-0.45%
PWR	B	-0.45%
CF	B	-0.45%
SNA	B	-0.45%
GM	B	-0.43%
FICO	A	-0.43%
EG	B	-0.43%
BAH	B	-0.43%
AFL	B	-0.42%
CVS	D	-0.42%
APO	C	-0.42%
MKL	C	-0.42%
ADM	D	-0.42%
SYF	C	-0.42%
CMCSA	D	-0.42%
AEE	B	-0.41%
OC	C	-0.41%
EOG	D	-0.41%
XEL	A	-0.41%
TEL	D	-0.41%
LKQ	D	-0.41%
APTV	D	-0.41%
RS	D	-0.41%
WEC	B	-0.41%
STX	D	-0.41%
ED	C	-0.4%
ATO	B	-0.4%
DGX	B	-0.39%
MTB	B	-0.39%
NTAP	D	-0.39%
PCG	C	-0.39%
CAG	B	-0.39%
CE	D	-0.39%
TROW	D	-0.39%
MSI	C	-0.39%
WBD	D	-0.39%
COP	D	-0.39%
CNC	C	-0.39%
UHAL	B	-0.39%
WPC	B	-0.39%
BRO	C	-0.39%
EXC	B	-0.39%
HBAN	B	-0.38%
VTRS	C	-0.38%
RF	B	-0.38%
KR	B	-0.38%
CFG	D	-0.38%
LII	B	-0.38%
NUE	F	-0.38%
EQT	D	-0.38%
CVX	D	-0.38%
DTE	B	-0.38%
BG	D	-0.38%
KMI	A	-0.37%
ERIE	A	-0.37%
INCY	C	-0.37%
SRE	B	-0.37%
KHC	C	-0.37%
SJM	C	-0.37%
HAL	F	-0.36%
L	B	-0.36%
DE	B	-0.36%
VLO	D	-0.36%
IPG	C	-0.36%
CSCO	B	-0.36%
CTRA	F	-0.36%
PLTR	B	-0.36%
DOV	B	-0.35%
LNG	D	-0.35%
DVN	F	-0.35%
OXY	F	-0.34%
HPE	D	-0.34%
COF	C	-0.34%
PANW	D	-0.34%
JBL	D	-0.33%
FDX	C	-0.33%
AIG	D	-0.33%
LYB	F	-0.33%
MMM	B	-0.33%
ZBH	F	-0.33%
CRBG	D	-0.32%
CCL	C	-0.32%
PHM	B	-0.32%
DAL	C	-0.32%
SSNC	B	-0.31%
ORCL	B	-0.31%
SWKS	F	-0.31%
PYPL	B	-0.31%
FNF	A	-0.31%
KIM	B	-0.31%
LPLA	D	-0.31%
TYL	C	-0.3%
BBY	B	-0.3%
GIS	B	-0.3%
CMS	A	-0.3%
TRV	B	-0.3%
D	C	-0.3%
BEN	F	-0.3%
EIX	C	-0.3%
USB	B	-0.29%
NOW	A	-0.29%
CPB	B	-0.29%
ZM	C	-0.29%
JNJ	B	-0.29%
WY	C	-0.29%
URI	B	-0.29%
F	D	-0.29%
CHTR	D	-0.29%
STT	A	-0.29%
AJG	C	-0.29%
FE	C	-0.29%
FITB	B	-0.29%
PNC	B	-0.29%
EPAM	D	-0.28%
HSY	C	-0.28%
TDY	C	-0.28%
KDP	A	-0.28%
APD	B	-0.28%
EQR	B	-0.28%
JBHT	D	-0.27%
AZO	D	-0.27%
ROST	C	-0.27%
DPZ	F	-0.27%
HRL	C	-0.27%
NTRS	B	-0.27%
MPWR	C	-0.27%
TXT	D	-0.26%
PSTG	F	-0.26%
TGT	C	-0.26%
FSLR	C	-0.26%
ROL	C	-0.26%
NTNX	C	-0.26%
VRTX	D	-0.26%
XYL	D	-0.25%
GPC	D	-0.25%
LUV	C	-0.25%
IR	C	-0.25%
LRCX	F	-0.24%
DOW	D	-0.24%
MAR	C	-0.24%
BKR	D	-0.24%
CBRE	A	-0.23%
INTC	F	-0.23%
CNP	C	-0.23%
NXPI	D	-0.22%
KVUE	B	-0.22%
DDOG	D	-0.22%
PINS	F	-0.22%
AXON	B	-0.22%
MOH	C	-0.21%
LMT	C	-0.21%
HCA	B	-0.21%
SNPS	D	-0.21%
VTR	C	-0.21%
MDLZ	B	-0.2%
AWK	A	-0.2%
LOW	B	-0.2%
MAA	B	-0.2%
PH	B	-0.2%
MANH	B	-0.19%
MMC	C	-0.19%
CI	C	-0.19%
ALNY	B	-0.19%
GWW	B	-0.19%
ARES	B	-0.19%
WRB	C	-0.19%
OMC	A	-0.19%
MO	C	-0.19%
BLK	A	-0.19%
MDT	C	-0.19%
KEY	B	-0.19%
MCO	A	-0.19%
J	D	-0.18%
PFG	B	-0.18%
WSO	C	-0.18%
NKE	D	-0.18%
ARE	B	-0.18%
ORLY	B	-0.18%
BR	D	-0.18%
EXPE	C	-0.18%
TTD	B	-0.18%
LYV	B	-0.18%
CMI	C	-0.18%
JCI	B	-0.18%
SYK	C	-0.18%
INTU	D	-0.17%
RIVN	F	-0.17%
OTIS	D	-0.17%
ROP	C	-0.17%
MTD	D	-0.17%
VRSK	D	-0.17%
DKNG	D	-0.17%
PPG	C	-0.17%
CHD	C	-0.17%
AAPL	D	-0.17%
MS	D	-0.17%
LHX	D	-0.17%
PCAR	D	-0.16%
UPS	D	-0.16%
RJF	C	-0.16%
WLK	D	-0.16%
BIIB	F	-0.15%
CDNS	D	-0.15%
MGM	D	-0.14%
QCOM	D	-0.14%
HUM	F	-0.14%
OKTA	F	-0.13%
TRU	B	-0.12%
K	A	-0.12%
IBM	B	-0.11%
DG	F	-0.11%
RMD	C	-0.11%
MA	B	-0.1%
ABT	C	-0.1%
RPM	B	-0.1%
IT	B	-0.1%
CPNG	B	-0.1%
NSC	C	-0.1%
PODD	B	-0.1%
SNAP	F	-0.1%
POOL	C	-0.1%
ADP	B	-0.1%
PPL	C	-0.1%
SPGI	B	-0.1%
MKC	B	-0.1%
NOC	B	-0.1%
BAX	C	-0.1%
NVR	B	-0.1%
DD	B	-0.09%
TXN	C	-0.09%
INVH	C	-0.09%
CTVA	B	-0.09%
KMB	D	-0.09%
TSCO	C	-0.09%
MRVL	C	-0.09%
EA	D	-0.09%
DRI	C	-0.09%
SYY	D	-0.09%
ADSK	B	-0.09%
TSN	C	-0.09%
AMH	C	-0.09%
GLW	B	-0.09%
TMO	C	-0.09%
STE	C	-0.09%
GEHC	C	-0.09%
HOLX	B	-0.09%
HUBB	B	-0.09%
NBIX	F	-0.08%
ZS	F	-0.08%
CPRT	D	-0.08%
AMD	F	-0.08%
ADBE	D	-0.08%
NWSA	D	-0.08%
PTC	D	-0.08%
HON	D	-0.08%
HPQ	D	-0.08%
NET	F	-0.08%
EXPD	B	-0.08%
VMC	D	-0.08%
ADI	D	-0.08%
TTWO	D	-0.08%
STZ	C	-0.08%
CRM	D	-0.08%
BDX	F	-0.08%
PRU	C	-0.08%
EL	F	-0.07%
ENTG	D	-0.07%
HUBS	D	-0.07%
BA	F	-0.07%
EW	F	-0.06%