FDMO vs. FQAL ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to Fidelity Quality Factor ETF (FQAL)

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

$66.48

Average Daily Volume

45,105

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$64.59

Average Daily Volume

29,375

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	FQAL
30 Days	1.17%	-0.08%
60 Days	2.96%	1.45%
90 Days	10.27%	6.90%
12 Months	42.01%	31.96%

45 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in FQAL	Overlap
ABBV	A	1.25%	1.3%	1.25%
AMAT	F	1.29%	0.84%	0.84%
AMT	D	0.31%	0.31%	0.31%
AVB	C	0.19%	0.19%	0.19%
AVGO	B	2.67%	2.11%	2.11%
AVY	D	0.15%	0.15%	0.15%
BKNG	A	0.76%	1.05%	0.76%
CAT	B	0.75%	0.77%	0.75%
CEG	B	0.37%	0.43%	0.37%
CL	F	0.37%	0.38%	0.37%
COST	D	0.97%	1.0%	0.97%
CTAS	B	0.51%	0.53%	0.51%
ECL	C	0.25%	0.26%	0.25%
ESS	D	0.16%	0.16%	0.16%
EXR	D	0.19%	0.19%	0.19%
FCX	D	0.26%	0.27%	0.26%
GOOGL	A	3.41%	3.49%	3.41%
HD	B	1.18%	1.47%	1.18%
JXN	B	0.49%	0.72%	0.49%
KLAC	F	1.12%	0.69%	0.69%
KO	D	0.7%	0.73%	0.7%
LIN	C	0.54%	0.56%	0.54%
LLY	F	2.02%	2.09%	2.02%
META	B	2.49%	2.56%	2.49%
MLM	A	0.18%	0.19%	0.18%
MSFT	D	6.86%	6.47%	6.47%
NEE	D	0.48%	0.52%	0.48%
NFLX	A	0.84%	0.88%	0.84%
NRG	B	0.21%	0.25%	0.21%
NVDA	B	7.65%	7.14%	7.14%
PG	D	0.96%	0.99%	0.96%
PGR	D	0.74%	0.97%	0.74%
PM	A	0.62%	0.64%	0.62%
PSA	D	0.23%	0.23%	0.23%
SHW	D	0.28%	0.29%	0.28%
SO	C	0.35%	0.39%	0.35%
SPG	C	0.24%	0.24%	0.24%
T	A	0.54%	0.57%	0.54%
TDG	C	0.51%	0.53%	0.51%
V	A	1.26%	1.48%	1.26%
VST	B	0.32%	0.38%	0.32%
VZ	D	0.55%	0.58%	0.55%
WMB	A	0.38%	0.32%	0.32%
WSM	F	0.43%	0.66%	0.43%
XOM	C	1.2%	1.17%	1.17%

FDMO Overweight 78 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	A	3.5%
APP	B	2.37%
BRK.A	D	1.96%
JPM	A	1.61%
CRWD	C	1.58%
ANET	B	1.45%
APH	B	1.35%
MU	C	1.34%
GDDY	A	1.29%
DELL	A	1.26%
MRK	F	1.1%
ISRG	B	1.07%
BSX	C	0.99%
BAC	B	0.97%
AMGN	C	0.92%
WMT	A	0.91%
WFC	B	0.88%
SMCI	F	0.78%
NTRA	B	0.77%
UBER	C	0.76%
REGN	F	0.74%
GS	B	0.73%
AXP	A	0.73%
GE	D	0.73%
THC	C	0.72%
RTX	C	0.69%
ELV	F	0.68%
CB	C	0.67%
KKR	B	0.65%
ETN	B	0.65%
TJX	D	0.65%
MCK	C	0.64%
C	A	0.63%
CMG	B	0.61%
CVNA	A	0.6%
TT	C	0.58%
VRT	B	0.58%
HLT	A	0.57%
HOOD	B	0.57%
ALL	C	0.54%
HIG	D	0.52%
WM	A	0.5%
GD	C	0.49%
WAB	B	0.48%
DECK	B	0.46%
TMUS	B	0.46%
EME	A	0.46%
FIX	B	0.46%
LDOS	A	0.45%
ANF	F	0.45%
COIN	C	0.45%
WING	F	0.43%
CSL	C	0.43%
RSG	D	0.43%
OKE	B	0.36%
TRGP	A	0.33%
DUK	C	0.33%
PSX	F	0.3%
SFM	A	0.29%
EQIX	B	0.29%
MPC	F	0.29%
WELL	A	0.28%
PEG	B	0.25%
FRPT	D	0.25%
CASY	A	0.25%
FANG	F	0.25%
AEP	D	0.24%
DLR	A	0.23%
FTI	B	0.21%
IRM	B	0.2%
WFRD	F	0.17%
IFF	D	0.17%
PKG	A	0.17%
LAMR	B	0.16%
SLG	B	0.15%
ELF	F	0.15%
STLD	A	0.15%
CRS	B	0.14%

FDMO Underweight 79 Positions Relative to FQAL

Symbol	Grade	Weight
AAPL	C	-6.81%
JNJ	D	-1.46%
MA	B	-1.46%
MCD	C	-1.13%
ACN	C	-1.11%
LOW	B	-1.03%
GILD	A	-0.99%
BX	B	-0.97%
BMY	A	-0.96%
QCOM	D	-0.95%
SPGI	D	-0.94%
ADBE	F	-0.93%
PANW	B	-0.89%
ZTS	D	-0.88%
VRTX	D	-0.87%
AMP	B	-0.86%
VEEV	B	-0.86%
CME	B	-0.86%
FICO	B	-0.85%
ORLY	C	-0.83%
CPAY	B	-0.81%
AZO	D	-0.77%
MCO	D	-0.76%
ACGL	F	-0.75%
MSCI	C	-0.75%
ABNB	B	-0.75%
IDXX	F	-0.74%
EWBC	A	-0.73%
YUM	D	-0.73%
CFR	B	-0.7%
LRCX	F	-0.7%
DPZ	B	-0.68%
GRMN	A	-0.67%
MTD	D	-0.66%
KNSL	F	-0.65%
CVX	A	-0.64%
UNP	D	-0.63%
CBSH	A	-0.62%
ADP	A	-0.62%
MEDP	F	-0.61%
LMT	D	-0.6%
QLYS	F	-0.53%
GWW	A	-0.51%
ITW	A	-0.51%
MMM	D	-0.5%
FAST	A	-0.49%
PAYX	B	-0.49%
CSX	F	-0.47%
OTIS	B	-0.47%
AME	A	-0.45%
CPRT	D	-0.44%
VRSK	B	-0.44%
MDLZ	D	-0.42%
TTD	B	-0.41%
ODFL	A	-0.4%
MO	A	-0.39%
COP	D	-0.38%
MNST	C	-0.32%
KMB	D	-0.32%
PLD	F	-0.32%
EOG	D	-0.3%
HSY	F	-0.27%
WEC	B	-0.26%
TPL	A	-0.25%
O	D	-0.24%
LNG	A	-0.24%
NFG	C	-0.21%
VICI	D	-0.19%
UGI	D	-0.19%
SBAC	D	-0.18%
EQR	D	-0.18%
NUE	F	-0.18%
AM	C	-0.18%
CF	B	-0.17%
EXP	B	-0.16%
RGLD	B	-0.16%
WHD	B	-0.16%
GLPI	D	-0.15%
RS	C	-0.15%