FDMO vs. FSST ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to Fidelity Sustainability U.S. Equity ETF (FSST)

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

$65.80

Average Daily Volume

40,141

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

FSST

Fidelity Sustainability U.S. Equity ETF

FSST Description

FSST mainly invests in US companies that the fund adviser believes to have proven or improving sustainability practices. Evaluation of the companies impact characteristics may involve corporate engagement and its alignment with the United Nations Sustainable Development Goals using qualitative analysis as well as proprietary or third-party data. Their approach to sustainable investing not only considers ESG factors but fundamental ones as well, including financial conditions, industry positions, as well as market and economic conditions. Unlike other ETFs that disclose holdings on a daily basis, FSST publishes its full portfolio holdings monthly with a 30-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio and may include holdings from recent disclosures, other liquid ETFs as well as cash and cash equivalents in order to track the funds daily performance and facilitate arbitrage opportunities.

Grade (RS Rating)

Last Trade

$26.77

Average Daily Volume

1,271

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	FSST
30 Days	1.99%	2.08%
60 Days	3.03%	2.16%
90 Days	3.51%	4.38%
12 Months	41.11%	32.81%

15 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in FSST	Overlap
AMZN	C	3.7%	4.16%	3.7%
AVY	D	0.16%	1.29%	0.16%
AXP	B	0.73%	2.09%	0.73%
BAC	D	0.93%	0.65%	0.65%
C	D	0.61%	0.76%	0.61%
GOOGL	D	3.45%	3.5%	3.45%
HLT	B	0.56%	1.1%	0.56%
LIN	B	0.56%	1.99%	0.56%
MRK	D	1.25%	2.44%	1.25%
MSFT	C	7.28%	5.99%	5.99%
NEE	C	0.5%	1.4%	0.5%
NFLX	B	0.82%	0.82%	0.82%
NVDA	D	6.83%	5.09%	5.09%
PG	C	1.03%	2.67%	1.03%
SFM	B	0.26%	0.07%	0.07%

FDMO Overweight 108 Positions Relative to FSST

Symbol	Grade	Weight
AVGO	C	2.7%
META	A	2.43%
LLY	C	2.16%
BRK.A	C	1.99%
APP	B	1.75%
JPM	D	1.54%
CRWD	D	1.44%
AMAT	D	1.4%
ANET	A	1.39%
ABBV	C	1.35%
KLAC	D	1.33%
V	C	1.33%
APH	C	1.32%
GDDY	C	1.27%
DELL	C	1.26%
MU	F	1.22%
HD	A	1.18%
XOM	D	1.16%
ISRG	C	1.07%
COST	B	1.04%
AMGN	B	1.01%
BSX	B	0.99%
ELV	C	0.95%
REGN	C	0.95%
WMT	B	0.93%
NTRA	B	0.86%
SMCI	F	0.82%
PGR	A	0.8%
THC	B	0.78%
KO	B	0.77%
WFC	D	0.75%
GE	A	0.75%
BKNG	B	0.72%
TJX	C	0.72%
UBER	C	0.72%
GS	C	0.71%
CAT	B	0.7%
MCK	F	0.69%
CB	B	0.68%
RTX	C	0.67%
PM	C	0.62%
ETN	C	0.61%
VZ	B	0.6%
KKR	A	0.6%
CMG	C	0.6%
ALL	B	0.56%
TT	A	0.55%
TDG	B	0.54%
T	C	0.54%
CTAS	C	0.53%
HIG	B	0.52%
GD	B	0.51%
WM	D	0.51%
DECK	D	0.5%
HOOD	C	0.5%
VRT	C	0.48%
WING	B	0.48%
WSM	D	0.47%
RSG	D	0.46%
WAB	A	0.45%
ANF	D	0.45%
CVNA	B	0.45%
JXN	B	0.44%
TMUS	C	0.44%
EME	A	0.43%
LDOS	B	0.43%
CSL	B	0.41%
CL	C	0.41%
FIX	A	0.41%
COIN	F	0.39%
OKE	B	0.35%
WMB	B	0.34%
AMT	C	0.34%
SO	A	0.34%
DUK	B	0.33%
MPC	D	0.32%
TRGP	B	0.31%
SHW	B	0.3%
PSX	D	0.3%
CEG	A	0.29%
EQIX	B	0.29%
WELL	C	0.29%
FRPT	B	0.28%
PSA	B	0.26%
CASY	D	0.26%
AEP	C	0.26%
ECL	A	0.25%
FANG	D	0.25%
SPG	A	0.24%
FCX	D	0.24%
PEG	A	0.24%
VST	A	0.23%
DLR	B	0.23%
FTI	D	0.21%
EXR	B	0.21%
WFRD	F	0.2%
IRM	B	0.2%
AVB	C	0.2%
NRG	A	0.2%
ESS	C	0.18%
IFF	C	0.18%
PKG	B	0.17%
MLM	D	0.17%
ELF	F	0.17%
LAMR	A	0.16%
CRS	A	0.14%
SLG	B	0.14%
STLD	D	0.14%

FDMO Underweight 51 Positions Relative to FSST

Symbol	Grade	Weight
AAPL	C	-6.87%
MCO	A	-2.5%
CI	C	-2.5%
DIS	D	-2.15%
CRM	D	-2.09%
MA	B	-1.94%
ACN	C	-1.93%
BKR	C	-1.81%
ON	F	-1.8%
LOW	A	-1.79%
KBR	D	-1.66%
BLK	B	-1.66%
PLD	C	-1.48%
DHR	C	-1.45%
AYI	A	-1.31%
GILD	B	-1.24%
VLTO	B	-1.21%
ICLR	D	-1.16%
CNC	C	-1.14%
JCI	B	-1.13%
TSLA	C	-1.03%
TMHC	B	-1.02%
CCK	A	-0.98%
CMCSA	D	-0.98%
LNG	C	-0.97%
IR	C	-0.94%
DE	B	-0.89%
UPS	F	-0.85%
INTU	C	-0.82%
RRX	C	-0.8%
TGNA	C	-0.78%
ZTS	C	-0.73%
MAN	C	-0.69%
SBUX	C	-0.69%
CDW	D	-0.67%
FSLR	C	-0.62%
GNRC	D	-0.58%
NTRS	B	-0.55%
MRNA	F	-0.54%
DFS	B	-0.53%
CWEN	B	-0.52%
VOYA	B	-0.51%
EXAS	C	-0.5%
AMD	D	-0.5%
TKR	D	-0.5%
NXPI	D	-0.49%
APTV	D	-0.48%
EL	F	-0.48%
TRV	B	-0.14%
CVS	F	-0.01%
ACI	F	-0.01%