FDMO vs. XLK ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to SPDR Select Sector Fund - Technology (XLK)

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

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$225.29

Average Daily Volume

5,254,836

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	XLK
30 Days	6.57%	7.64%
60 Days	13.20%	14.04%
90 Days	2.68%	-3.09%
12 Months	44.97%	37.45%

11 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in XLK	Overlap
AMAT	C	1.43%	1.85%	1.43%
ANET	A	1.45%	1.11%	1.11%
APH	D	1.29%	0.87%	0.87%
AVGO	B	2.64%	4.46%	2.64%
CRWD	D	1.5%	0.72%	0.72%
DELL	C	1.23%	0.37%	0.37%
GDDY	B	1.26%	0.24%	0.24%
KLAC	B	1.31%	1.15%	1.15%
MSFT	D	6.99%	13.57%	6.99%
MU	D	1.32%	1.26%	1.26%
NVDA	B	6.59%	12.49%	6.59%

FDMO Overweight 111 Positions Relative to XLK

Symbol	Grade	Weight
AMZN	C	3.6%
GOOGL	B	3.59%
META	A	2.62%
LLY	D	2.03%
APP	A	2.0%
BRK.A	B	2.0%
JPM	C	1.54%
ABBV	C	1.34%
V	B	1.26%
HD	A	1.25%
XOM	A	1.23%
MRK	F	1.22%
ISRG	C	1.04%
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%
GE	B	0.77%
KO	C	0.76%
THC	D	0.76%
AXP	A	0.74%
BKNG	B	0.73%
UBER	C	0.72%
GS	B	0.71%
TJX	D	0.69%
RTX	A	0.69%
CB	A	0.68%
MCK	F	0.65%
C	B	0.64%
ETN	B	0.64%
KKR	A	0.62%
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%
DECK	B	0.49%
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%
CEG	A	0.38%
OKE	A	0.35%
SO	A	0.34%
WMB	A	0.34%
DUK	C	0.33%
AMT	D	0.33%
MPC	D	0.32%
VST	A	0.32%
TRGP	A	0.31%
PSX	D	0.31%
SHW	C	0.3%
EQIX	C	0.29%
FCX	B	0.28%
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%
MLM	F	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 56 Positions Relative to XLK

Symbol	Grade	Weight
AAPL	C	-14.93%
ORCL	A	-3.02%
CRM	B	-2.97%
AMD	C	-2.93%
ADBE	F	-2.52%
ACN	B	-2.49%
CSCO	A	-2.4%
IBM	A	-2.29%
QCOM	D	-2.09%
TXN	C	-2.08%
NOW	B	-2.02%
INTU	F	-1.92%
ADI	B	-1.26%
PANW	B	-1.21%
LRCX	D	-1.18%
INTC	D	-1.1%
SNPS	F	-0.86%
MSI	A	-0.85%
PLTR	A	-0.83%
CDNS	D	-0.82%
NXPI	F	-0.67%
ROP	D	-0.66%
ADSK	B	-0.65%
FTNT	A	-0.55%
FICO	C	-0.53%
MPWR	B	-0.49%
MCHP	F	-0.47%
IT	A	-0.44%
CTSH	B	-0.43%
GLW	C	-0.39%
HPQ	B	-0.38%
ON	F	-0.34%
CDW	D	-0.33%
KEYS	B	-0.31%
ANSS	D	-0.31%
FSLR	C	-0.29%
HPE	B	-0.29%
TYL	D	-0.28%
NTAP	D	-0.28%
STX	C	-0.26%
WDC	C	-0.25%
TER	C	-0.24%
PTC	B	-0.24%
TDY	A	-0.23%
ZBRA	B	-0.21%
VRSN	C	-0.18%
GEN	A	-0.17%
TRMB	B	-0.17%
ENPH	F	-0.17%
AKAM	D	-0.17%
SWKS	F	-0.17%
JBL	C	-0.15%
FFIV	B	-0.14%
JNPR	C	-0.14%
EPAM	F	-0.13%
QRVO	F	-0.11%