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FDMO - ETF AI Analysis
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Fidelity Momentum Factor ETF (FDMO)
Rating:74Outperform
Price Target:
$93.00
Positive Factors
Strong Top Holdings
Several top positions, including Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, driving the ETF’s returns.
Low Expense Ratio
The ETF has a very low expense ratio compared to industry averages, making it cost-effective for investors.
Sector Diversification
The fund is spread across multiple sectors, with significant exposure to Technology, Financials, and Communication Services, reducing reliance on any single industry.
Negative Factors
High Technology Exposure
Over one-third of the portfolio is concentrated in the Technology sector, increasing vulnerability to downturns in this industry.
Limited Geographic Exposure
The ETF is heavily focused on U.S. companies, with minimal international exposure, which may limit diversification benefits.
Mixed Short-Term Performance
While the fund has strong year-to-date returns, its one-month performance has been slightly negative, indicating potential short-term volatility.
FDMO vs. SPDR S&P 500 ETF (SPY)
AUM578.82M
RegionNorth America
Expense Ratio0.16%
Beta1.22
IssuerFidelity
Inception DateSep 12, 2016
Dividend Yield0.8%
Asset ClassEquity
Index TrackedFidelity U.S. Momentum Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume33,427
30 Day Avg. Volume26,188
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
96.37Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering128
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDMO Summary
The Fidelity Momentum Factor ETF (FDMO) is an investment fund that focuses on large-cap companies in the U.S. that have shown strong upward price trends, following the Fidelity U.S. Momentum Factor Index. It includes well-known companies like Nvidia and Microsoft, making it appealing for investors looking to benefit from growth in market leaders. This ETF is designed for those who want to invest in stocks that are already performing well and may continue to do so. However, it’s important to note that momentum-based strategies can be risky, as stock prices can change direction quickly, especially during market downturns.
How much will it cost me?The Fidelity Momentum Factor ETF (FDMO) has an expense ratio of 0.16%, which means you’ll pay $1.60 per year for every $1,000 invested. This is lower than the average for actively managed funds, as FDMO uses a factor-based approach to track momentum stocks rather than traditional active management.
What would affect this ETF?The Fidelity Momentum Factor ETF (FDMO) could benefit from continued strength in the technology sector, which makes up a significant portion of its holdings, as well as positive economic conditions that support consumer spending and innovation. However, rising interest rates or regulatory changes affecting large-cap tech companies like Nvidia and Microsoft could negatively impact the fund's performance. Additionally, broader market volatility or economic downturns may pose risks to momentum-driven strategies.
FDMO Top 10 Holdings
The Fidelity Momentum Factor ETF (FDMO) leans heavily into technology, with Nvidia and Microsoft leading the charge thanks to their strong performance in AI and cloud services. Alphabet and Tesla are also rising stars, bolstered by bullish momentum and strategic advancements. However, Amazon and Meta Platforms are holding the fund back, with mixed technical indicators and challenges in margins and expenses. With a clear U.S. focus and a tech-heavy tilt, this fund is riding the wave of innovation but faces headwinds from a few lagging giants.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.95% | $51.99M | $4.83T | 42.01% | 85 Outperform | |
| Microsoft | 6.90% | $40.05M | $3.82T | 25.00% | 82 Outperform | |
| Alphabet Class A | 4.99% | $28.99M | $3.35T | 63.51% | 80 Outperform | |
| Amazon | 4.12% | $23.93M | $2.67T | 24.97% | 76 Outperform | |
| Broadcom | 3.81% | $22.13M | $1.66T | 102.38% | 76 Outperform | |
| Tesla | 2.58% | $14.96M | $1.48T | 76.69% | 73 Outperform | |
| Meta Platforms | 2.34% | $13.60M | $1.58T | 9.59% | 71 Outperform | |
| Palantir Technologies | 1.91% | $11.08M | $452.50B | 273.05% | 74 Outperform | |
| Berkshire Hathaway B | 1.78% | $10.33M | $1.05T | 9.57% | 66 Neutral | |
| JPMorgan Chase | 1.78% | $10.31M | $850.36B | 39.62% | 70 Outperform |
FDMO Technical Analysis
Positive
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Price Trends
82.33
Positive
79.41
Positive
73.91
Positive
Market Momentum
0.77
Negative
51.67
Neutral
69.25
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDMO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 83.53, equal to the 50-day MA of 82.33, and equal to the 200-day MA of 73.91, indicating a bullish trend. The MACD of 0.77 indicates Negative momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 69.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDMO.
FDMO Peer Comparison
Comparison Results
Performance Comparison
FDMO
Fidelity Momentum Factor ETF
83.75
15.08
21.96%
SEIM
SEI Enhanced U.S. Large Cap Momentum Factor ETF
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VOTE
Engine No. 1 Transform 500 ETF
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AVLC
Avantis U.S. Large Cap Equity ETF
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ONEY
SPDR Russell 1000 Yield Focus ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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