ETFs › FDMO

Fidelity Momentum Factor ETF (FDMO)

factor-investing momentum large-cap quarterly-dividends

Offering another take on momentum investing, this ETF focuses on stocks exhibiting positive momentum signals. It employs a quantitative approach to identify U.S. companies with strong recent performance, potentially positioning investors to ride market trends. For those seeking exposure to momentum without the hassle of frequent trading, this fund provides a convenient vehicle.

Key Info

AUM $607.50M
Expense Ratio 0.29%
Inception Date September 12, 2016
Distribution Frequency Quarterly
Weighting Method Modified Market Cap
Number of Holdings 129
Tracking Index Fidelity U.S. Momentum Factor Index

See Also

MTUM JMOM PDP

Last updated: September 10, 2024