FDMO vs. SPHB ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

$66.49

Average Daily Volume

43,744

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$89.17

Average Daily Volume

401,273

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	SPHB
30 Days	6.57%	8.85%
60 Days	13.20%	14.28%
90 Days	2.68%	4.86%
12 Months	44.97%	31.48%

21 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in SPHB	Overlap
AMAT	C	1.43%	1.36%	1.36%
AMZN	C	3.6%	0.98%	0.98%
ANET	A	1.45%	1.35%	1.35%
APH	D	1.29%	0.76%	0.76%
AVGO	B	2.64%	1.62%	1.62%
BKNG	B	0.73%	0.84%	0.73%
CEG	A	0.38%	1.14%	0.38%
CRWD	D	1.5%	1.3%	1.3%
DECK	B	0.49%	0.81%	0.49%
ETN	B	0.64%	0.98%	0.64%
FCX	B	0.28%	0.97%	0.28%
GE	B	0.77%	0.8%	0.77%
ISRG	C	1.04%	0.8%	0.8%
KKR	A	0.62%	1.01%	0.62%
KLAC	B	1.31%	1.35%	1.31%
META	A	2.62%	1.18%	1.18%
MLM	F	0.17%	0.67%	0.17%
MU	D	1.32%	1.33%	1.32%
NVDA	B	6.59%	1.75%	1.75%
UBER	C	0.72%	1.01%	0.72%
VST	A	0.32%	1.15%	0.32%

FDMO Overweight 101 Positions Relative to SPHB

Symbol	Grade	Weight
MSFT	D	6.99%
GOOGL	B	3.59%
LLY	D	2.03%
APP	A	2.0%
BRK.A	B	2.0%
JPM	C	1.54%
ABBV	C	1.34%
GDDY	B	1.26%
V	B	1.26%
HD	A	1.25%
DELL	C	1.23%
XOM	A	1.23%
MRK	F	1.22%
PG	D	1.0%
BSX	A	0.98%
COST	C	0.97%
AMGN	D	0.96%
WMT	A	0.92%
BAC	B	0.92%
ELV	F	0.86%
REGN	D	0.85%
NTRA	A	0.85%
NFLX	A	0.82%
WFC	B	0.78%
PGR	B	0.78%
CAT	A	0.78%
KO	C	0.76%
THC	D	0.76%
AXP	A	0.74%
GS	B	0.71%
TJX	D	0.69%
RTX	A	0.69%
CB	A	0.68%
MCK	F	0.65%
C	B	0.64%
VZ	C	0.6%
CMG	C	0.6%
PM	D	0.59%
TT	A	0.58%
HLT	A	0.58%
LIN	C	0.56%
T	B	0.55%
CVNA	A	0.55%
ALL	A	0.55%
TDG	A	0.55%
VRT	B	0.53%
HIG	A	0.52%
WING	C	0.51%
CTAS	C	0.51%
GD	C	0.5%
WM	B	0.5%
HOOD	B	0.49%
NEE	C	0.49%
WSM	C	0.48%
WAB	A	0.47%
JXN	A	0.46%
LDOS	A	0.45%
FIX	A	0.45%
EME	B	0.45%
RSG	D	0.44%
TMUS	A	0.44%
CSL	A	0.43%
ANF	D	0.42%
COIN	F	0.39%
CL	D	0.39%
OKE	A	0.35%
SO	A	0.34%
WMB	A	0.34%
DUK	C	0.33%
AMT	D	0.33%
MPC	D	0.32%
TRGP	A	0.31%
PSX	D	0.31%
SHW	C	0.3%
EQIX	C	0.29%
WELL	C	0.28%
SFM	A	0.27%
FANG	D	0.26%
PEG	A	0.26%
FRPT	A	0.26%
ECL	C	0.25%
CASY	D	0.25%
PSA	C	0.25%
AEP	C	0.25%
SPG	A	0.24%
DLR	C	0.23%
NRG	A	0.23%
FTI	B	0.23%
EXR	D	0.21%
IRM	B	0.2%
AVB	C	0.19%
IFF	D	0.18%
WFRD	F	0.18%
PKG	B	0.17%
ELF	F	0.16%
AVY	D	0.16%
LAMR	C	0.16%
STLD	C	0.16%
ESS	D	0.16%
CRS	B	0.15%
SLG	C	0.14%

FDMO Underweight 77 Positions Relative to SPHB

Symbol	Grade	Weight
AMD	C	-1.82%
SMCI	F	-1.8%
MPWR	B	-1.79%
TSLA	C	-1.56%
TER	C	-1.51%
BLDR	C	-1.45%
ALB	D	-1.4%
LRCX	D	-1.37%
CZR	B	-1.31%
NCLH	C	-1.28%
CCL	C	-1.25%
ON	F	-1.25%
ENPH	F	-1.22%
URI	C	-1.18%
WDC	C	-1.15%
ALGN	D	-1.15%
MCHP	F	-1.13%
QCOM	D	-1.12%
GNRC	B	-1.11%
FSLR	C	-1.08%
JBL	C	-1.07%
NXPI	F	-1.06%
CDNS	D	-1.06%
PWR	A	-1.05%
ORCL	A	-1.04%
SNPS	F	-1.04%
BX	C	-1.03%
BXP	B	-1.01%
UAL	A	-1.01%
CARR	A	-1.01%
PYPL	A	-0.99%
ABNB	D	-0.98%
RCL	B	-0.97%
HUBB	A	-0.94%
KEYS	B	-0.94%
NOW	B	-0.94%
INTC	D	-0.94%
ADSK	B	-0.93%
PODD	C	-0.92%
ADI	B	-0.92%
ZBRA	B	-0.91%
PHM	C	-0.91%
CRM	B	-0.91%
SWKS	F	-0.9%
PH	A	-0.89%
QRVO	F	-0.88%
PANW	B	-0.88%
DAY	C	-0.88%
AES	C	-0.85%
MHK	C	-0.84%
INTU	F	-0.83%
ARE	D	-0.83%
IDXX	D	-0.82%
LEN	C	-0.81%
FICO	C	-0.81%
DHI	C	-0.81%
LW	D	-0.81%
ROK	D	-0.81%
IVZ	A	-0.8%
EFX	D	-0.8%
KEY	B	-0.79%
RMD	C	-0.79%
ANSS	D	-0.79%
GOOG	B	-0.78%
ADBE	F	-0.78%
KMX	F	-0.78%
APTV	D	-0.77%
TXN	C	-0.77%
CRL	F	-0.77%
LULU	D	-0.77%
MGM	D	-0.76%
TROW	D	-0.74%
WBD	F	-0.73%
IQV	F	-0.72%
BBWI	F	-0.72%
CPRT	B	-0.71%
EPAM	F	-0.65%