FDMO vs. NXTI ETF Comparison
Comparison of Fidelity Momentum Factor ETF (FDMO) to Simplify Next Intangible Core Index ETF (NXTI)
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
$71.36
Average Daily Volume
33,158
Number of Holdings
*
122
* may have additional holdings in another (foreign) market
NXTI
Simplify Next Intangible Core Index ETF
NXTI Description
NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.Grade (RS Rating)
Last Trade
$30.57
Average Daily Volume
460
Number of Holdings
*
197
* may have additional holdings in another (foreign) market
Performance
Period | FDMO | NXTI |
---|---|---|
30 Days | 5.95% | 7.37% |
60 Days | 7.78% | 7.78% |
90 Days | 10.86% | 11.36% |
12 Months | 42.88% |
31 Overlapping Holdings
Symbol | Grade | Weight in FDMO | Weight in NXTI | Overlap | |
---|---|---|---|---|---|
APP | B | 1.27% | 0.54% | 0.54% | |
AXP | A | 0.9% | 0.77% | 0.77% | |
BKNG | B | 0.66% | 0.88% | 0.66% | |
BRK.A | B | 2.14% | 4.18% | 2.14% | |
CBRE | B | 0.21% | 0.15% | 0.15% | |
CL | D | 0.33% | 0.55% | 0.33% | |
CTAS | B | 0.54% | 0.55% | 0.54% | |
CVNA | B | 0.38% | 0.19% | 0.19% | |
EBAY | C | 0.42% | 0.33% | 0.33% | |
ECL | D | 0.23% | 0.35% | 0.23% | |
FICO | B | 0.86% | 0.57% | 0.57% | |
GDDY | B | 0.78% | 0.31% | 0.31% | |
HD | A | 1.08% | 1.6% | 1.08% | |
HIG | B | 0.67% | 0.13% | 0.13% | |
KMB | C | 0.28% | 0.31% | 0.28% | |
KO | D | 0.61% | 1.23% | 0.61% | |
META | D | 2.39% | 5.28% | 2.39% | |
MSI | C | 0.88% | 0.91% | 0.88% | |
NRG | C | 0.24% | 0.17% | 0.17% | |
NTRA | B | 0.87% | 0.45% | 0.45% | |
PGR | A | 0.87% | 0.56% | 0.56% | |
PLTR | B | 1.3% | 0.99% | 0.99% | |
PM | B | 0.55% | 0.9% | 0.55% | |
SHW | A | 0.29% | 0.36% | 0.29% | |
TRGP | B | 0.27% | 0.34% | 0.27% | |
TT | B | 0.59% | 0.52% | 0.52% | |
UBER | D | 0.67% | 1.04% | 0.67% | |
VST | B | 0.31% | 0.32% | 0.31% | |
WMB | B | 0.3% | 0.59% | 0.3% | |
WMT | B | 0.86% | 5.09% | 0.86% | |
XOM | C | 1.12% | 3.43% | 1.12% |
FDMO Overweight 91 Positions Relative to NXTI
Symbol | Grade | Weight | |
---|---|---|---|
NVDA | C | 6.97% | |
AAPL | B | 6.8% | |
MSFT | D | 6.21% | |
AMZN | C | 3.76% | |
GOOGL | C | 3.54% | |
AVGO | D | 2.03% | |
TSLA | B | 2.03% | |
JPM | B | 1.88% | |
LLY | F | 1.68% | |
BAC | A | 1.21% | |
COIN | B | 1.09% | |
ABBV | D | 1.08% | |
ISRG | C | 1.06% | |
GS | B | 0.99% | |
BSX | C | 0.95% | |
DHR | D | 0.92% | |
PG | A | 0.92% | |
COST | B | 0.92% | |
NFLX | B | 0.88% | |
HOOD | B | 0.83% | |
ANET | C | 0.82% | |
KKR | B | 0.8% | |
HCA | F | 0.78% | |
QTWO | A | 0.78% | |
CVLT | B | 0.74% | |
GKOS | B | 0.74% | |
GE | D | 0.74% | |
CAT | B | 0.73% | |
RVMD | B | 0.73% | |
SYF | A | 0.72% | |
THC | D | 0.72% | |
BK | A | 0.7% | |
RNA | D | 0.7% | |
CVX | B | 0.67% | |
EVR | B | 0.67% | |
RTX | D | 0.66% | |
FIS | D | 0.65% | |
TJX | A | 0.61% | |
JXN | B | 0.59% | |
MPWR | F | 0.56% | |
HWM | B | 0.52% | |
T | A | 0.52% | |
CARR | C | 0.51% | |
VRT | B | 0.51% | |
LIN | D | 0.51% | |
URI | B | 0.5% | |
TDG | D | 0.5% | |
GM | B | 0.5% | |
RCL | B | 0.48% | |
FIX | A | 0.47% | |
NEE | D | 0.47% | |
EME | B | 0.47% | |
TMUS | A | 0.45% | |
MLI | C | 0.44% | |
ZETA | D | 0.43% | |
DY | D | 0.42% | |
TRU | D | 0.4% | |
SN | D | 0.39% | |
LDOS | D | 0.38% | |
MO | A | 0.37% | |
DUK | C | 0.35% | |
TTD | B | 0.32% | |
LUMN | C | 0.32% | |
OKE | C | 0.3% | |
CEG | D | 0.29% | |
KMI | B | 0.28% | |
PEG | A | 0.28% | |
WELL | C | 0.28% | |
AEP | D | 0.28% | |
SPG | C | 0.25% | |
FRPT | B | 0.24% | |
TPL | B | 0.24% | |
PSA | C | 0.24% | |
DLR | A | 0.24% | |
SFM | B | 0.24% | |
NEM | F | 0.2% | |
DTM | B | 0.2% | |
EXR | C | 0.2% | |
IRM | C | 0.19% | |
EQR | B | 0.19% | |
FTI | A | 0.19% | |
ESS | B | 0.18% | |
SW | B | 0.17% | |
JLL | B | 0.16% | |
CRS | B | 0.16% | |
PKG | B | 0.16% | |
IFF | D | 0.15% | |
SLG | B | 0.15% | |
VNO | B | 0.15% | |
LPX | B | 0.15% | |
ATI | D | 0.14% |
FDMO Underweight 166 Positions Relative to NXTI
Symbol | Grade | Weight | |
---|---|---|---|
MA | B | -3.02% | |
ADBE | C | -2.94% | |
CSCO | A | -2.73% | |
NOW | B | -2.29% | |
IBM | C | -2.28% | |
UNH | B | -2.16% | |
INTU | C | -2.08% | |
PANW | C | -1.5% | |
ALNY | D | -1.07% | |
IDXX | F | -1.04% | |
DELL | C | -1.03% | |
PEP | F | -1.02% | |
SNPS | B | -0.95% | |
SPOT | B | -0.93% | |
HON | B | -0.91% | |
CDNS | B | -0.87% | |
NKE | F | -0.82% | |
WDAY | C | -0.81% | |
UPS | C | -0.79% | |
FTNT | C | -0.77% | |
BX | B | -0.77% | |
AMAT | F | -0.74% | |
ADSK | B | -0.72% | |
TGT | F | -0.67% | |
GEV | C | -0.66% | |
TEAM | B | -0.61% | |
LOW | C | -0.59% | |
ABNB | C | -0.58% | |
DDOG | A | -0.54% | |
LRCX | F | -0.53% | |
EA | C | -0.5% | |
ORLY | B | -0.49% | |
ITW | A | -0.49% | |
ALGN | D | -0.47% | |
CTSH | B | -0.47% | |
MMM | D | -0.47% | |
INCY | C | -0.46% | |
D | C | -0.46% | |
HPQ | B | -0.45% | |
FDX | B | -0.44% | |
SRPT | F | -0.43% | |
MMC | A | -0.43% | |
DASH | A | -0.42% | |
NBIX | C | -0.4% | |
INSM | C | -0.39% | |
PH | A | -0.39% | |
NET | B | -0.38% | |
KR | A | -0.37% | |
CI | D | -0.36% | |
ELV | F | -0.36% | |
HUBS | B | -0.34% | |
MPC | F | -0.33% | |
ZS | C | -0.33% | |
ED | D | -0.32% | |
PAYX | B | -0.32% | |
PEN | C | -0.32% | |
GWW | A | -0.31% | |
CMI | A | -0.3% | |
HSIC | B | -0.3% | |
CDW | F | -0.3% | |
ITCI | C | -0.29% | |
CVS | D | -0.29% | |
NTAP | C | -0.29% | |
PINS | F | -0.29% | |
EXEL | A | -0.29% | |
IOT | B | -0.28% | |
A | D | -0.26% | |
STX | D | -0.26% | |
BKR | C | -0.25% | |
AJG | A | -0.25% | |
IT | C | -0.24% | |
AFL | B | -0.24% | |
RDDT | B | -0.24% | |
MDB | C | -0.24% | |
SNAP | C | -0.23% | |
VLTO | C | -0.23% | |
VMC | B | -0.23% | |
ZBRA | A | -0.23% | |
NWS | B | -0.22% | |
AMP | B | -0.22% | |
MNST | B | -0.22% | |
TRV | B | -0.22% | |
IONS | F | -0.22% | |
NTNX | B | -0.21% | |
MDGL | B | -0.2% | |
CYTK | F | -0.2% | |
BPMC | C | -0.2% | |
AIG | B | -0.2% | |
MANH | C | -0.19% | |
DT | C | -0.19% | |
INSP | D | -0.19% | |
ALL | B | -0.19% | |
PSTG | D | -0.19% | |
SMMT | D | -0.19% | |
TOST | B | -0.19% | |
BBIO | D | -0.18% | |
FAST | B | -0.18% | |
EL | F | -0.18% | |
PRU | A | -0.18% | |
DOCU | A | -0.18% | |
DD | D | -0.18% | |
MTD | F | -0.18% | |
BBY | D | -0.18% | |
FFIV | A | -0.17% | |
KEYS | B | -0.17% | |
CACI | D | -0.16% | |
ULTA | F | -0.16% | |
OTIS | C | -0.16% | |
GWRE | B | -0.16% | |
SYY | C | -0.16% | |
JNPR | F | -0.16% | |
GIS | D | -0.16% | |
HUM | C | -0.15% | |
RARE | F | -0.15% | |
CORT | B | -0.15% | |
ILMN | C | -0.15% | |
HSY | F | -0.15% | |
ROL | B | -0.15% | |
BAH | F | -0.15% | |
LYV | A | -0.15% | |
DECK | A | -0.14% | |
ALKS | B | -0.14% | |
WAT | B | -0.14% | |
DUOL | B | -0.14% | |
WSM | B | -0.14% | |
EXPE | B | -0.14% | |
BURL | B | -0.14% | |
NI | A | -0.14% | |
AXSM | B | -0.14% | |
XYL | D | -0.14% | |
ACGL | D | -0.14% | |
CNC | F | -0.13% | |
CLX | C | -0.13% | |
DOV | A | -0.12% | |
AVY | D | -0.12% | |
EXPD | C | -0.12% | |
K | A | -0.12% | |
FOLD | F | -0.12% | |
TER | F | -0.12% | |
APLS | D | -0.12% | |
MTCH | F | -0.12% | |
PPG | D | -0.12% | |
BRO | B | -0.12% | |
TW | B | -0.11% | |
GTLB | C | -0.11% | |
TGTX | B | -0.11% | |
IOVA | F | -0.11% | |
RL | B | -0.11% | |
TSCO | C | -0.11% | |
NYT | C | -0.11% | |
LII | A | -0.11% | |
PCOR | B | -0.11% | |
DKNG | C | -0.1% | |
APPF | B | -0.1% | |
AMED | F | -0.1% | |
ACI | C | -0.1% | |
TXT | D | -0.1% | |
GPC | D | -0.1% | |
DNLI | D | -0.1% | |
APTV | F | -0.1% | |
CHWY | C | -0.09% | |
DYN | F | -0.09% | |
RS | B | -0.09% | |
WING | F | -0.08% | |
DLB | B | -0.04% | |
LNW | D | -0.04% |
FDMO: Top Represented Industries & Keywords
Industries:
Software - Application
Oil & Gas Midstream
Software - Infrastructure
Business Services
Specialty Chemicals
Asset Management
Engineering & Construction
Household & Personal Products
Internet Content & Information
Metal Fabrication
REIT - Office
Semiconductors
Specialty Industrial Machinery
Specialty Retail
Telecom Services
Utilities - Regulated Electric
Aerospace & Defense
Auto Manufacturers
Banks - Global
Biotechnology
NXTI: Top Represented Industries & Keywords
Industries:
Software - Application
Biotechnology
Diversified Industrials
Specialty Retail
Software - Infrastructure
Diagnostics & Research
Health Care Plans
Internet Content & Information
Information Technology Services
Business Services
Household & Personal Products
Insurance - Diversified
Beverages - Soft Drinks
Communication Equipment
Data Storage
Discount Stores
Insurance - Property & Casualty
Insurance Brokers
Integrated Shipping & Logistics
Internet Content & Information