FDMO vs. IEDI ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

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

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.76

Average Daily Volume

3,141

Number of Holdings ^*

200

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	IEDI
30 Days	6.57%	5.06%
60 Days	13.20%	12.47%
90 Days	2.68%	6.98%
12 Months	44.97%	38.77%

26 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in IEDI	Overlap
AMZN	C	3.6%	7.95%	3.6%
ANF	D	0.42%	0.1%	0.1%
CASY	D	0.25%	0.46%	0.25%
CL	D	0.39%	0.11%	0.11%
CMG	C	0.6%	3.38%	0.6%
COST	C	0.97%	8.74%	0.97%
CTAS	C	0.51%	0.86%	0.51%
CVNA	A	0.55%	0.29%	0.29%
DECK	B	0.49%	0.54%	0.49%
ELF	F	0.16%	0.11%	0.11%
FRPT	A	0.26%	0.12%	0.12%
GDDY	B	1.26%	0.16%	0.16%
HD	A	1.25%	12.26%	1.25%
HLT	A	0.58%	1.06%	0.58%
HOOD	B	0.49%	0.03%	0.03%
MCK	F	0.65%	0.16%	0.16%
META	A	2.62%	0.59%	0.59%
NFLX	A	0.82%	0.11%	0.11%
PG	D	1.0%	0.53%	0.53%
SFM	A	0.27%	0.36%	0.27%
TJX	D	0.69%	4.06%	0.69%
UBER	C	0.72%	1.02%	0.72%
V	B	1.26%	0.74%	0.74%
WING	C	0.51%	0.55%	0.51%
WMT	A	0.92%	7.6%	0.92%
WSM	C	0.48%	0.63%	0.48%

FDMO Overweight 96 Positions Relative to IEDI

Symbol	Grade	Weight
MSFT	D	6.99%
NVDA	B	6.59%
GOOGL	B	3.59%
AVGO	B	2.64%
LLY	D	2.03%
APP	A	2.0%
BRK.A	B	2.0%
JPM	C	1.54%
CRWD	D	1.5%
ANET	A	1.45%
AMAT	C	1.43%
ABBV	C	1.34%
MU	D	1.32%
KLAC	B	1.31%
APH	D	1.29%
DELL	C	1.23%
XOM	A	1.23%
MRK	F	1.22%
ISRG	C	1.04%
BSX	A	0.98%
AMGN	D	0.96%
BAC	B	0.92%
ELV	F	0.86%
REGN	D	0.85%
NTRA	A	0.85%
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%
GS	B	0.71%
RTX	A	0.69%
CB	A	0.68%
C	B	0.64%
ETN	B	0.64%
KKR	A	0.62%
VZ	C	0.6%
PM	D	0.59%
TT	A	0.58%
LIN	C	0.56%
T	B	0.55%
ALL	A	0.55%
TDG	A	0.55%
VRT	B	0.53%
HIG	A	0.52%
GD	C	0.5%
WM	B	0.5%
NEE	C	0.49%
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%
COIN	F	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%
FANG	D	0.26%
PEG	A	0.26%
ECL	C	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%
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 174 Positions Relative to IEDI

Symbol	Grade	Weight
LOW	C	-4.23%
ORLY	A	-2.44%
ROST	D	-2.1%
TGT	C	-2.09%
SBUX	B	-1.84%
MCD	A	-1.65%
NKE	D	-1.57%
AZO	D	-1.48%
MAR	A	-1.14%
TSCO	A	-1.01%
KR	C	-0.96%
ULTA	D	-0.87%
YUM	C	-0.81%
DASH	A	-0.77%
DRI	C	-0.75%
BURL	C	-0.69%
DG	F	-0.68%
DLTR	F	-0.54%
DKS	D	-0.54%
FERG	F	-0.53%
INTU	F	-0.49%
DPZ	D	-0.45%
TXRH	A	-0.44%
SQ	D	-0.43%
ABNB	D	-0.43%
RCL	B	-0.43%
FND	C	-0.41%
MA	A	-0.38%
PYPL	A	-0.38%
CPRT	B	-0.36%
STZ	D	-0.33%
BBY	C	-0.33%
SYY	D	-0.33%
KMX	F	-0.33%
DIS	D	-0.31%
DKNG	C	-0.29%
BJ	B	-0.28%
PLNT	B	-0.27%
CHDN	C	-0.26%
CAVA	B	-0.26%
USFD	C	-0.24%
OLLI	C	-0.24%
EXPE	B	-0.24%
BBWI	F	-0.24%
GWW	B	-0.23%
TPR	B	-0.22%
EBAY	A	-0.21%
FAST	C	-0.21%
MUSA	D	-0.21%
CROX	C	-0.2%
FIVE	D	-0.2%
LAD	C	-0.2%
PFGC	A	-0.2%
CCL	C	-0.19%
RH	C	-0.19%
GAP	F	-0.18%
WH	C	-0.18%
POOL	D	-0.18%
ASO	D	-0.17%
HRB	C	-0.17%
LUV	B	-0.17%
MGM	D	-0.17%
BOOT	B	-0.17%
LYV	A	-0.16%
UPS	D	-0.16%
MTN	D	-0.15%
HST	D	-0.15%
TOL	C	-0.15%
TOST	B	-0.15%
ACI	F	-0.15%
FDX	F	-0.14%
AN	D	-0.14%
ARMK	C	-0.14%
SKX	B	-0.14%
TPX	C	-0.14%
CZR	B	-0.14%
TSN	D	-0.14%
AAPL	C	-0.14%
MAS	C	-0.13%
NCLH	C	-0.13%
PINS	D	-0.13%
RL	B	-0.13%
KTB	C	-0.13%
ABG	D	-0.12%
SIG	C	-0.12%
CPRI	C	-0.12%
M	D	-0.12%
W	C	-0.12%
EAT	A	-0.12%
BYD	B	-0.11%
Z	C	-0.11%
GPC	D	-0.11%
SCI	D	-0.11%
AEO	C	-0.11%
SHOO	A	-0.11%
WYNN	B	-0.11%
SHAK	A	-0.11%
H	B	-0.1%
CHH	A	-0.1%
VVV	D	-0.1%
PH	A	-0.1%
BFAM	C	-0.1%
VFC	A	-0.1%
DHI	C	-0.09%
URBN	F	-0.09%
LULU	D	-0.09%
VICI	C	-0.09%
WEN	B	-0.09%
CRI	D	-0.09%
SITE	D	-0.09%
DUOL	B	-0.09%
WBA	F	-0.08%
PZZA	D	-0.08%
FCFS	F	-0.08%
RHP	B	-0.08%
JWN	D	-0.08%
FLO	D	-0.08%
IPG	D	-0.08%
LNW	F	-0.07%
RRR	D	-0.07%
TNL	B	-0.07%
FL	F	-0.07%
GME	D	-0.07%
KSS	D	-0.07%
UAL	A	-0.07%
ETSY	F	-0.07%
ALK	C	-0.07%
MSGS	A	-0.06%
GO	F	-0.06%
MTCH	B	-0.06%
COLM	B	-0.06%
AAP	F	-0.06%
LANC	F	-0.06%
CAKE	A	-0.06%
LYFT	D	-0.06%
SNAP	D	-0.06%
VAC	D	-0.05%
RHI	D	-0.05%
HGV	F	-0.05%
HON	C	-0.05%
INVH	D	-0.05%
COTY	F	-0.05%
IAC	C	-0.05%
MAT	B	-0.05%
ROL	C	-0.05%
APLE	B	-0.04%
MSM	D	-0.04%
CBRL	D	-0.04%
TKO	A	-0.04%
AAL	D	-0.04%
BLMN	F	-0.04%
IPAR	D	-0.03%
UHAL	C	-0.03%
JACK	F	-0.03%
DDS	D	-0.03%
TTWO	D	-0.03%
CHE	D	-0.03%
GIS	C	-0.03%
OMC	C	-0.03%
FOUR	A	-0.03%
PRKS	C	-0.03%
PVH	D	-0.02%
CAR	D	-0.02%
MIDD	D	-0.02%
OXM	F	-0.02%
PK	D	-0.02%
CLX	C	-0.02%
DRVN	C	-0.02%
BLD	D	-0.02%
ZTS	C	-0.02%
LOPE	D	-0.02%
MKC	C	-0.02%
VSTS	D	-0.02%
SNA	C	-0.01%