FDMO vs. LVOL ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to American Century Low Volatility ETF (LVOL)

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

$70.64

Average Daily Volume

37,685

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$55.20

Average Daily Volume

246

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	LVOL
30 Days	3.84%	-0.53%
60 Days	7.36%	1.94%
90 Days	9.49%	4.54%
12 Months	41.93%	21.98%

23 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in LVOL	Overlap
AAPL	C	6.8%	7.05%	6.8%
ABBV	F	1.08%	0.25%	0.25%
AMZN	B	3.76%	2.9%	2.9%
BKNG	A	0.66%	0.2%	0.2%
BRK.A	B	2.14%	2.48%	2.14%
BSX	A	0.95%	1.08%	0.95%
CL	D	0.33%	0.84%	0.33%
COST	A	0.92%	1.75%	0.92%
CTAS	B	0.54%	1.79%	0.54%
ECL	D	0.23%	0.92%	0.23%
GOOGL	B	3.54%	2.35%	2.35%
HD	A	1.08%	2.43%	1.08%
HIG	B	0.67%	0.64%	0.64%
KMB	C	0.28%	0.5%	0.28%
KO	D	0.61%	0.19%	0.19%
LIN	D	0.51%	2.43%	0.51%
MSFT	D	6.21%	7.69%	6.21%
MSI	B	0.88%	0.88%	0.88%
PG	C	0.92%	2.59%	0.92%
PKG	B	0.16%	0.24%	0.16%
PSA	C	0.24%	0.56%	0.24%
SHW	C	0.29%	1.0%	0.29%
WMT	A	0.86%	0.83%	0.83%

FDMO Overweight 99 Positions Relative to LVOL

Symbol	Grade	Weight
NVDA	A	6.97%
META	C	2.39%
AVGO	C	2.03%
TSLA	A	2.03%
JPM	A	1.88%
LLY	F	1.68%
PLTR	A	1.3%
APP	A	1.27%
BAC	A	1.21%
XOM	B	1.12%
COIN	A	1.09%
ISRG	A	1.06%
GS	B	0.99%
DHR	D	0.92%
AXP	B	0.9%
NFLX	A	0.88%
NTRA	A	0.87%
PGR	B	0.87%
FICO	B	0.86%
HOOD	A	0.83%
ANET	C	0.82%
KKR	A	0.8%
HCA	F	0.78%
QTWO	B	0.78%
GDDY	A	0.78%
CVLT	B	0.74%
GKOS	A	0.74%
GE	D	0.74%
CAT	C	0.73%
RVMD	B	0.73%
SYF	B	0.72%
THC	C	0.72%
BK	B	0.7%
RNA	C	0.7%
UBER	F	0.67%
CVX	A	0.67%
EVR	B	0.67%
RTX	D	0.66%
FIS	C	0.65%
TJX	A	0.61%
TT	A	0.59%
JXN	C	0.59%
MPWR	F	0.56%
PM	A	0.55%
HWM	A	0.52%
T	A	0.52%
CARR	D	0.51%
VRT	A	0.51%
URI	B	0.5%
TDG	D	0.5%
GM	B	0.5%
RCL	A	0.48%
FIX	A	0.47%
NEE	C	0.47%
EME	A	0.47%
TMUS	B	0.45%
MLI	B	0.44%
ZETA	D	0.43%
EBAY	D	0.42%
DY	C	0.42%
TRU	D	0.4%
SN	D	0.39%
LDOS	C	0.38%
CVNA	A	0.38%
MO	A	0.37%
DUK	C	0.35%
TTD	B	0.32%
LUMN	C	0.32%
VST	A	0.31%
WMB	A	0.3%
OKE	A	0.3%
CEG	C	0.29%
KMI	A	0.28%
PEG	C	0.28%
WELL	A	0.28%
AEP	C	0.28%
TRGP	A	0.27%
SPG	A	0.25%
FRPT	A	0.24%
NRG	B	0.24%
TPL	A	0.24%
DLR	A	0.24%
SFM	A	0.24%
CBRE	B	0.21%
NEM	D	0.2%
DTM	A	0.2%
EXR	C	0.2%
IRM	C	0.19%
EQR	C	0.19%
FTI	A	0.19%
ESS	A	0.18%
SW	A	0.17%
JLL	D	0.16%
CRS	A	0.16%
IFF	D	0.15%
SLG	B	0.15%
VNO	C	0.15%
LPX	B	0.15%
ATI	C	0.14%

FDMO Underweight 75 Positions Relative to LVOL

Symbol	Grade	Weight
V	A	-3.17%
MA	B	-2.64%
CSCO	B	-2.61%
ACN	C	-2.47%
JNJ	D	-2.1%
APH	B	-1.93%
MMC	D	-1.82%
MDT	D	-1.67%
SPGI	D	-1.54%
INTU	B	-1.53%
CTSH	C	-1.49%
MRK	F	-1.45%
ABT	A	-1.33%
HON	B	-1.32%
PAYX	B	-1.32%
PTC	B	-1.26%
DOX	D	-1.23%
PEP	F	-1.03%
RSG	A	-1.01%
FI	A	-0.99%
GD	D	-0.9%
MCO	D	-0.85%
WM	B	-0.85%
ITW	B	-0.8%
DOV	B	-0.79%
ADSK	B	-0.77%
ROP	C	-0.76%
EA	A	-0.75%
GOOG	B	-0.74%
AMP	A	-0.71%
LOW	C	-0.69%
TDY	B	-0.67%
CB	C	-0.65%
BLK	B	-0.63%
SYK	A	-0.57%
NDSN	D	-0.55%
FAST	B	-0.54%
GWW	B	-0.54%
MCD	D	-0.53%
CRM	B	-0.52%
IT	C	-0.46%
VRSK	B	-0.46%
YUM	D	-0.43%
CMCSA	B	-0.41%
IBM	C	-0.4%
SNA	B	-0.4%
OTIS	C	-0.38%
NTAP	C	-0.37%
PH	B	-0.36%
NOW	B	-0.35%
IEX	B	-0.33%
ADP	B	-0.31%
BR	B	-0.3%
BMY	A	-0.27%
AVB	B	-0.24%
CMI	A	-0.24%
ZBH	C	-0.22%
HOLX	D	-0.2%
MAS	D	-0.19%
AVY	D	-0.18%
MDLZ	F	-0.18%
FDS	B	-0.18%
MNST	C	-0.18%
VRSN	F	-0.18%
MSCI	B	-0.17%
FFIV	B	-0.16%
TROW	B	-0.16%
HLT	A	-0.15%
AMGN	D	-0.14%
JKHY	D	-0.14%
CW	B	-0.12%
GGG	B	-0.08%
LSTR	D	-0.08%
DCI	B	-0.08%
CHE	F	-0.07%