FDMO vs. RAFE ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$38.20

Average Daily Volume

12,411

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	RAFE
30 Days	5.95%	3.89%
60 Days	7.78%	3.31%
90 Days	10.86%	6.05%
12 Months	42.88%	25.20%

47 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in RAFE	Overlap
AAPL	B	6.8%	6.52%	6.52%
ABBV	D	1.08%	1.53%	1.08%
ANET	C	0.82%	0.02%	0.02%
AVGO	D	2.03%	1.26%	1.26%
AXP	A	0.9%	0.63%	0.63%
BAC	A	1.21%	0.86%	0.86%
BK	A	0.7%	0.19%	0.19%
BSX	C	0.95%	0.11%	0.11%
CARR	C	0.51%	0.37%	0.37%
CBRE	B	0.21%	0.37%	0.21%
CL	D	0.33%	0.37%	0.33%
DHR	D	0.92%	0.46%	0.46%
EBAY	C	0.42%	0.41%	0.41%
ECL	D	0.23%	0.26%	0.23%
EQR	B	0.19%	0.16%	0.16%
ESS	B	0.18%	0.05%	0.05%
FIS	D	0.65%	0.36%	0.36%
GM	B	0.5%	2.16%	0.5%
GS	B	0.99%	0.98%	0.98%
HCA	F	0.78%	0.09%	0.09%
HD	A	1.08%	1.77%	1.08%
HIG	B	0.67%	0.27%	0.27%
IFF	D	0.15%	0.12%	0.12%
IRM	C	0.19%	0.19%	0.19%
ISRG	C	1.06%	0.14%	0.14%
JLL	B	0.16%	0.21%	0.16%
JPM	B	1.88%	4.09%	1.88%
KMB	C	0.28%	0.3%	0.28%
KO	D	0.61%	0.98%	0.61%
LIN	D	0.51%	1.12%	0.51%
LLY	F	1.68%	0.67%	0.67%
LUMN	C	0.32%	0.21%	0.21%
META	D	2.39%	1.2%	1.2%
MSFT	D	6.21%	5.72%	5.72%
MSI	C	0.88%	0.21%	0.21%
NEM	F	0.2%	0.46%	0.2%
NFLX	B	0.88%	0.09%	0.09%
NVDA	C	6.97%	1.12%	1.12%
PG	A	0.92%	2.84%	0.92%
PGR	A	0.87%	0.25%	0.25%
PKG	B	0.16%	0.15%	0.15%
SHW	A	0.29%	0.15%	0.15%
T	A	0.52%	2.41%	0.52%
TJX	A	0.61%	0.49%	0.49%
TMUS	A	0.45%	0.46%	0.45%
TSLA	B	2.03%	0.49%	0.49%
WELL	C	0.28%	0.33%	0.28%

FDMO Overweight 75 Positions Relative to RAFE

Symbol	Grade	Weight
AMZN	C	3.76%
GOOGL	C	3.54%
BRK.A	B	2.14%
PLTR	B	1.3%
APP	B	1.27%
XOM	C	1.12%
COIN	B	1.09%
COST	B	0.92%
NTRA	B	0.87%
WMT	B	0.86%
FICO	B	0.86%
HOOD	B	0.83%
KKR	B	0.8%
QTWO	A	0.78%
GDDY	B	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%
RNA	D	0.7%
UBER	D	0.67%
CVX	B	0.67%
EVR	B	0.67%
RTX	D	0.66%
BKNG	B	0.66%
TT	B	0.59%
JXN	B	0.59%
MPWR	F	0.56%
PM	B	0.55%
CTAS	B	0.54%
HWM	B	0.52%
VRT	B	0.51%
URI	B	0.5%
TDG	D	0.5%
RCL	B	0.48%
FIX	A	0.47%
NEE	D	0.47%
EME	B	0.47%
MLI	C	0.44%
ZETA	D	0.43%
DY	D	0.42%
TRU	D	0.4%
SN	D	0.39%
LDOS	D	0.38%
CVNA	B	0.38%
MO	A	0.37%
DUK	C	0.35%
TTD	B	0.32%
VST	B	0.31%
WMB	B	0.3%
OKE	C	0.3%
CEG	D	0.29%
KMI	B	0.28%
PEG	A	0.28%
AEP	D	0.28%
TRGP	B	0.27%
SPG	C	0.25%
FRPT	B	0.24%
NRG	C	0.24%
TPL	B	0.24%
PSA	C	0.24%
DLR	A	0.24%
SFM	B	0.24%
DTM	B	0.2%
EXR	C	0.2%
FTI	A	0.19%
SW	B	0.17%
CRS	B	0.16%
SLG	B	0.15%
VNO	B	0.15%
LPX	B	0.15%
ATI	D	0.14%

FDMO Underweight 191 Positions Relative to RAFE

Symbol	Grade	Weight
C	A	-3.25%
JNJ	D	-3.18%
CSCO	A	-2.94%
INTC	C	-2.85%
WFC	A	-2.82%
PFE	D	-2.32%
BMY	B	-1.97%
IBM	C	-1.81%
VZ	B	-1.69%
MRK	F	-1.69%
ORCL	C	-1.68%
QCOM	F	-1.6%
CMCSA	C	-1.55%
CI	D	-1.3%
DIS	B	-1.2%
TGT	F	-1.18%
ABT	B	-1.18%
LOW	C	-1.14%
F	C	-1.14%
V	A	-1.09%
AMGN	D	-1.08%
MMM	D	-1.07%
GILD	B	-0.99%
ACN	B	-0.97%
MU	D	-0.95%
ELV	F	-0.89%
TXN	D	-0.83%
AMAT	F	-0.81%
MA	B	-0.79%
HPQ	B	-0.72%
BLK	C	-0.71%
HPE	B	-0.7%
MET	A	-0.7%
ADBE	C	-0.63%
PYPL	A	-0.62%
DD	D	-0.59%
ALL	B	-0.58%
UNH	B	-0.58%
CRM	B	-0.58%
JCI	C	-0.55%
UPS	C	-0.54%
DE	B	-0.54%
PRU	A	-0.51%
BBY	D	-0.5%
LRCX	F	-0.5%
DOW	F	-0.5%
NKE	F	-0.48%
ADP	B	-0.45%
FDX	B	-0.45%
WM	A	-0.44%
IP	B	-0.43%
MCK	C	-0.43%
APD	A	-0.42%
HUM	C	-0.41%
CVS	D	-0.4%
WDC	C	-0.37%
ADI	D	-0.37%
ADM	F	-0.33%
GIS	D	-0.32%
BDX	F	-0.32%
ITW	A	-0.31%
EA	C	-0.31%
NTAP	C	-0.29%
MDLZ	F	-0.29%
CAH	B	-0.29%
MAR	A	-0.28%
PEP	F	-0.28%
FI	A	-0.28%
BIIB	F	-0.27%
GEHC	F	-0.27%
CCI	D	-0.27%
STT	A	-0.26%
WY	D	-0.26%
EIX	A	-0.25%
AMP	B	-0.25%
SYY	C	-0.24%
EQIX	A	-0.24%
VTR	D	-0.23%
OC	B	-0.22%
KLAC	F	-0.21%
WHR	B	-0.21%
CMI	A	-0.21%
PFG	C	-0.2%
PARA	C	-0.2%
KHC	D	-0.2%
PPG	D	-0.2%
LH	B	-0.19%
JNPR	F	-0.19%
FOXA	C	-0.19%
MOS	F	-0.19%
AMT	D	-0.19%
K	A	-0.18%
BAX	F	-0.18%
CTSH	B	-0.18%
VFC	C	-0.18%
DVA	B	-0.17%
GWW	A	-0.17%
TPR	A	-0.16%
CF	B	-0.16%
AVB	B	-0.16%
BALL	D	-0.16%
MCO	A	-0.16%
EW	C	-0.16%
ARW	D	-0.15%
DG	F	-0.15%
HLT	A	-0.15%
A	D	-0.15%
KDP	D	-0.14%
AWK	D	-0.14%
OMC	C	-0.14%
KSS	F	-0.14%
ZTS	D	-0.14%
FAST	B	-0.13%
CDNS	B	-0.13%
FITB	B	-0.13%
CNC	F	-0.13%
MRVL	B	-0.13%
COR	C	-0.13%
DELL	C	-0.13%
OTIS	C	-0.12%
TROW	A	-0.12%
EL	F	-0.12%
SYK	C	-0.12%
HOLX	D	-0.11%
PAYX	B	-0.11%
WAT	B	-0.11%
HST	C	-0.11%
TSCO	C	-0.11%
SWK	D	-0.11%
GAP	C	-0.11%
PVH	C	-0.11%
ON	C	-0.1%
KEYS	B	-0.1%
SPGI	C	-0.1%
LKQ	D	-0.09%
WAB	B	-0.09%
SOLV	C	-0.09%
WBA	D	-0.09%
VTRS	B	-0.09%
AVT	C	-0.09%
SJM	D	-0.09%
USFD	A	-0.09%
TER	F	-0.09%
CDW	F	-0.09%
ILMN	C	-0.08%
SNPS	B	-0.08%
GPC	D	-0.08%
PLD	D	-0.08%
LNC	B	-0.08%
DOX	D	-0.08%
LEA	F	-0.08%
DXC	B	-0.07%
DGX	B	-0.07%
KIM	A	-0.07%
NDAQ	A	-0.07%
CHD	B	-0.07%
HUN	F	-0.07%
CAG	D	-0.07%
AKAM	F	-0.07%
TSN	B	-0.07%
MAA	B	-0.07%
NTRS	A	-0.07%
NWSA	B	-0.07%
DOV	A	-0.06%
KD	B	-0.06%
HSY	F	-0.06%
HSIC	B	-0.06%
EQH	B	-0.06%
GT	C	-0.06%
MCHP	F	-0.06%
AMD	F	-0.06%
MHK	D	-0.05%
XRX	F	-0.05%
HAS	D	-0.05%
CTVA	B	-0.05%
FL	D	-0.05%
CPB	D	-0.05%
ORLY	B	-0.05%
ROK	B	-0.05%
AAP	C	-0.04%
OGN	F	-0.04%
WU	D	-0.04%
GEN	A	-0.04%
AGCO	D	-0.04%
NWL	A	-0.04%
FLEX	B	-0.04%
RSG	A	-0.04%
MAN	D	-0.03%
M	D	-0.03%
O	D	-0.02%
HRL	D	-0.01%