FDMO vs. INRO ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to BlackRock U.S. Industry Rotation ETF (INRO)
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

$71.42

Average Daily Volume

35,646

Number of Holdings *

122

* may have additional holdings in another (foreign) market
INRO

BlackRock U.S. Industry Rotation ETF

INRO Description INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.39

Average Daily Volume

3,548

Number of Holdings *

429

* may have additional holdings in another (foreign) market
Performance
Period FDMO INRO
30 Days 6.00% 5.09%
60 Days 8.27% 6.25%
90 Days 10.44% 7.10%
12 Months 42.98%
79 Overlapping Holdings
Symbol Grade Weight in FDMO Weight in INRO Overlap
AAPL C 6.8% 5.76% 5.76%
ABBV D 1.08% 0.39% 0.39%
AEP D 0.28% 0.32% 0.28%
AMZN C 3.76% 1.47% 1.47%
APP B 1.27% 0.1% 0.1%
AVGO D 2.03% 1.54% 1.54%
AXP A 0.9% 1.14% 0.9%
BAC A 1.21% 0.81% 0.81%
BK A 0.7% 0.11% 0.11%
BRK.A B 2.14% 0.06% 0.06%
CARR D 0.51% 0.42% 0.42%
CAT B 0.73% 0.35% 0.35%
CBRE B 0.21% 0.87% 0.21%
CEG D 0.29% 0.45% 0.29%
COIN C 1.09% 0.2% 0.2%
COST B 0.92% 0.47% 0.47%
CTAS B 0.54% 0.34% 0.34%
CVX A 0.67% 0.5% 0.5%
DHR F 0.92% 0.19% 0.19%
DLR B 0.24% 0.07% 0.07%
DUK C 0.35% 0.54% 0.35%
EBAY D 0.42% 0.02% 0.02%
ECL D 0.23% 0.0% 0.0%
EME C 0.47% 0.19% 0.19%
EQR B 0.19% 0.01% 0.01%
ESS B 0.18% 0.01% 0.01%
EXR D 0.2% 0.04% 0.04%
FICO B 0.86% 0.08% 0.08%
FIS C 0.65% 0.01% 0.01%
GDDY A 0.78% 0.01% 0.01%
GE D 0.74% 0.08% 0.08%
GM B 0.5% 0.09% 0.09%
GOOGL C 3.54% 3.13% 3.13%
GS A 0.99% 0.64% 0.64%
HD A 1.08% 1.17% 1.08%
HIG B 0.67% 0.05% 0.05%
HOOD B 0.83% 0.06% 0.06%
HWM A 0.52% 0.02% 0.02%
IRM D 0.19% 0.04% 0.04%
JPM A 1.88% 1.74% 1.74%
KKR A 0.8% 0.31% 0.31%
KMI A 0.28% 0.1% 0.1%
LDOS C 0.38% 0.05% 0.05%
LIN D 0.51% 0.03% 0.03%
LLY F 1.68% 0.57% 0.57%
META D 2.39% 3.68% 2.39%
MO A 0.37% 0.41% 0.37%
MPWR F 0.56% 0.06% 0.06%
MSFT F 6.21% 4.24% 4.24%
NEE D 0.47% 0.97% 0.47%
NEM D 0.2% 0.11% 0.11%
NRG B 0.24% 0.12% 0.12%
NVDA C 6.97% 7.62% 6.97%
OKE A 0.3% 0.12% 0.12%
PGR A 0.87% 0.23% 0.23%
PKG A 0.16% 0.1% 0.1%
PLTR B 1.3% 0.18% 0.18%
PM B 0.55% 0.87% 0.55%
PSA D 0.24% 0.07% 0.07%
RTX C 0.66% 0.06% 0.06%
SHW A 0.29% 0.01% 0.01%
SW A 0.17% 0.13% 0.13%
SYF B 0.72% 0.18% 0.18%
TDG D 0.5% 0.03% 0.03%
TJX A 0.61% 0.39% 0.39%
TMUS B 0.45% 4.56% 0.45%
TPL A 0.24% 0.05% 0.05%
TRGP B 0.27% 0.08% 0.08%
TRU D 0.4% 0.04% 0.04%
TSLA B 2.03% 1.32% 1.32%
TT A 0.59% 0.65% 0.59%
UBER D 0.67% 0.49% 0.49%
URI B 0.5% 0.47% 0.47%
VRT B 0.51% 0.16% 0.16%
VST B 0.31% 0.19% 0.19%
WELL A 0.28% 0.18% 0.18%
WMB A 0.3% 0.13% 0.13%
WMT A 0.86% 0.45% 0.45%
XOM B 1.12% 0.95% 0.95%
FDMO Overweight 43 Positions Relative to INRO
Symbol Grade Weight
ISRG A 1.06%
BSX B 0.95%
PG A 0.92%
MSI B 0.88%
NFLX A 0.88%
NTRA B 0.87%
ANET C 0.82%
HCA F 0.78%
QTWO A 0.78%
CVLT B 0.74%
GKOS B 0.74%
RVMD C 0.73%
THC D 0.72%
RNA D 0.7%
EVR B 0.67%
BKNG A 0.66%
KO D 0.61%
JXN C 0.59%
T A 0.52%
RCL A 0.48%
FIX A 0.47%
MLI C 0.44%
ZETA D 0.43%
DY D 0.42%
SN D 0.39%
CVNA B 0.38%
CL D 0.33%
TTD B 0.32%
LUMN C 0.32%
PEG A 0.28%
KMB D 0.28%
SPG B 0.25%
FRPT B 0.24%
SFM A 0.24%
DTM B 0.2%
FTI A 0.19%
JLL D 0.16%
CRS A 0.16%
IFF D 0.15%
SLG B 0.15%
VNO B 0.15%
LPX B 0.15%
ATI D 0.14%
FDMO Underweight 350 Positions Relative to INRO
Symbol Grade Weight
GOOG C -2.72%
HON B -1.6%
BXP D -1.35%
MMM D -0.76%
WFC A -0.64%
CSGP D -0.63%
SO D -0.6%
VMC B -0.59%
MLM B -0.57%
MS A -0.55%
SPGI C -0.55%
UNP C -0.54%
ETN A -0.48%
COF B -0.48%
AMD F -0.47%
BX A -0.45%
ORCL B -0.45%
CRM B -0.45%
GWW B -0.44%
LOW D -0.43%
SCHW B -0.41%
FAST B -0.4%
TXN C -0.39%
QCOM F -0.39%
JCI C -0.39%
WM A -0.37%
PWR A -0.37%
JNJ D -0.37%
C A -0.34%
ICE C -0.33%
DHI D -0.33%
ADBE C -0.32%
GEV B -0.31%
AMAT F -0.3%
CME A -0.3%
NOW A -0.3%
ADP B -0.29%
DFS B -0.29%
LEN D -0.28%
MCO B -0.28%
INTU C -0.26%
PCG A -0.26%
EXC C -0.25%
CSX B -0.25%
Z A -0.25%
MRK F -0.24%
XEL A -0.24%
EMR A -0.24%
COP C -0.24%
TMO F -0.24%
MU D -0.23%
GRMN B -0.22%
INTC D -0.22%
NSC B -0.22%
ADI D -0.22%
WCN A -0.21%
ORLY B -0.21%
PNC B -0.21%
CPRT A -0.21%
EIX B -0.21%
NVR D -0.21%
DE A -0.2%
USB A -0.2%
AMGN D -0.2%
RSG A -0.2%
ETR B -0.2%
APH A -0.19%
AMP A -0.19%
LRCX F -0.19%
PANW C -0.18%
PHM D -0.18%
TFC A -0.17%
CB C -0.17%
PH A -0.17%
KLAC D -0.17%
ODFL B -0.16%
WSO A -0.16%
MMC B -0.16%
MSCI C -0.16%
MRVL B -0.16%
EOG A -0.15%
AME A -0.15%
FE C -0.15%
AZO C -0.15%
VRTX F -0.15%
BLDR D -0.15%
ITW B -0.15%
NDAQ A -0.14%
ROST C -0.14%
ES D -0.14%
PFE D -0.14%
LII A -0.14%
CSL C -0.14%
GILD C -0.14%
RJF A -0.13%
FCX D -0.12%
MAS D -0.12%
OC A -0.12%
SNPS B -0.12%
CDNS B -0.12%
CRWD B -0.12%
NXPI D -0.12%
ARES A -0.12%
EVRG A -0.11%
REGN F -0.11%
PAYX C -0.11%
LNT A -0.11%
VLTO D -0.11%
PCAR B -0.11%
AMT D -0.11%
AON A -0.11%
ACM A -0.11%
BMY B -0.11%
AJG B -0.1%
CMI A -0.1%
PSX C -0.1%
MPC D -0.1%
ROK B -0.1%
EQIX A -0.1%
MSTR C -0.1%
NTRS A -0.1%
GLW B -0.09%
TSCO D -0.09%
IP B -0.09%
AIG B -0.09%
LNG B -0.09%
MTB A -0.09%
AFL B -0.09%
ROP B -0.09%
TRV B -0.09%
VRSK A -0.09%
SLB C -0.09%
ADSK A -0.09%
MCHP D -0.08%
BR A -0.08%
EFX F -0.08%
ZTS D -0.08%
OTIS C -0.08%
HUBB B -0.08%
LPLA A -0.08%
MET A -0.08%
IR B -0.08%
FDS B -0.08%
ALL A -0.08%
TGT F -0.08%
FITB A -0.08%
VLO C -0.08%
ALLE D -0.08%
FTNT C -0.08%
WDAY B -0.08%
BALL D -0.08%
BKR B -0.07%
DELL C -0.07%
HBAN A -0.07%
WAB B -0.07%
RF A -0.07%
MELI D -0.07%
PRU A -0.07%
AMCR D -0.07%
HES B -0.07%
AVY D -0.07%
ACN C -0.07%
CCI D -0.06%
CFG B -0.06%
JBHT C -0.06%
DDOG A -0.06%
XYL D -0.06%
VTR C -0.06%
KEYS A -0.06%
ON D -0.06%
AOS F -0.06%
OXY D -0.06%
TEAM A -0.06%
FANG D -0.06%
F C -0.06%
ROL B -0.06%
HPQ B -0.06%
FBIN D -0.06%
TW A -0.06%
IBM C -0.06%
IQV D -0.05%
KR B -0.05%
WTW B -0.05%
LMT D -0.05%
A D -0.05%
PPL B -0.05%
ANSS B -0.05%
HUBS A -0.05%
ULTA F -0.05%
ATO A -0.05%
HPE B -0.05%
CG A -0.05%
CCK C -0.05%
FTV C -0.05%
TROW B -0.05%
BURL A -0.05%
CDW F -0.05%
WSM B -0.05%
FCNCA A -0.05%
BBY D -0.05%
PINS D -0.05%
KEY B -0.05%
DOV A -0.05%
VICI C -0.05%
ACGL D -0.05%
STT A -0.05%
PNR A -0.04%
SNA A -0.04%
PTC A -0.04%
ARE D -0.04%
WDC D -0.04%
TRMB B -0.04%
UPS C -0.04%
ALNY D -0.04%
BRO B -0.04%
TYL B -0.04%
CINF A -0.04%
J F -0.04%
MKL A -0.04%
MKTX D -0.04%
HAL C -0.04%
FSLR F -0.04%
MA C -0.04%
CBOE B -0.04%
DVN F -0.04%
EQT B -0.04%
PFG D -0.04%
SYY B -0.04%
BA F -0.04%
BAH F -0.04%
ZBRA B -0.04%
NTAP C -0.04%
TDY B -0.04%
V A -0.04%
SMCI F -0.03%
SWK D -0.03%
MANH D -0.03%
MRO B -0.03%
DT C -0.03%
EG C -0.03%
WAT B -0.03%
PSTG D -0.03%
ZS C -0.03%
PAYC B -0.03%
SWKS F -0.03%
DAY B -0.03%
ILMN D -0.03%
NDSN B -0.03%
GD F -0.03%
CTRA B -0.03%
SBAC D -0.03%
WST C -0.03%
WRB A -0.03%
NOC D -0.03%
L A -0.03%
BIIB F -0.03%
DOC D -0.03%
WY D -0.03%
GGG B -0.03%
ENTG D -0.03%
SNAP C -0.03%
JBL B -0.03%
DAL C -0.03%
ZM B -0.03%
TER D -0.03%
IEX B -0.03%
AES F -0.03%
SSNC B -0.03%
BEN C -0.03%
STX D -0.03%
DKS C -0.03%
MTD D -0.03%
KMX B -0.03%
KNX B -0.03%
INCY C -0.02%
IT C -0.02%
BMRN D -0.02%
NBIX C -0.02%
LUV C -0.02%
MRNA F -0.02%
TTC D -0.02%
DINO D -0.02%
DG F -0.02%
SEIC B -0.02%
ERIE D -0.02%
ENPH F -0.02%
AXON A -0.02%
AVTR F -0.02%
AIZ A -0.02%
ALLY C -0.02%
AFG A -0.02%
RVTY F -0.02%
UHAL D -0.02%
IOT A -0.02%
UTHR C -0.02%
BBWI D -0.02%
CNH C -0.02%
LHX C -0.02%
MTCH D -0.02%
OVV B -0.02%
FDX B -0.02%
DOCU A -0.02%
GLPI C -0.02%
GEN B -0.02%
CPT B -0.01%
CTVA C -0.01%
APD A -0.01%
SUI D -0.01%
DOW F -0.01%
ACI C -0.01%
STLD B -0.01%
TXT D -0.01%
MDB C -0.01%
RS B -0.01%
VRSN F -0.01%
MAA B -0.01%
HEI B -0.01%
INVH D -0.01%
RPRX D -0.01%
PYPL B -0.01%
EPAM C -0.01%
VTRS A -0.01%
TWLO A -0.01%
BIO D -0.01%
NET B -0.01%
APO B -0.01%
CTLT B -0.01%
DD D -0.01%
UNH C -0.01%
APA D -0.01%
RIVN F -0.01%
DLTR F -0.01%
EXAS D -0.01%
NUE C -0.01%
SNOW C -0.01%
CRL C -0.01%
AVB B -0.01%
FI A -0.01%
QRVO F -0.01%
TECH D -0.01%
CHRD D -0.01%
BSY D -0.01%
CTSH B -0.01%
LYB F -0.0%
HII D -0.0%
CHRW C -0.0%
FNF B -0.0%
HEI B -0.0%
WBA F -0.0%
EXPD D -0.0%
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