MTUM vs. FDMO ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to Fidelity Momentum Factor ETF (FDMO)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.91

Average Daily Volume

840,198

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

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

Performance

Period	MTUM	FDMO
30 Days	3.53%	6.00%
60 Days	6.25%	8.27%
90 Days	8.85%	10.44%
12 Months	43.02%	42.98%

57 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in FDMO	Overlap
AEP	D	0.4%	0.28%	0.28%
ANET	C	1.17%	0.82%	0.82%
APP	B	0.74%	1.27%	0.74%
AVGO	D	4.72%	2.03%	2.03%
AXP	A	1.53%	0.9%	0.9%
BK	A	0.48%	0.7%	0.48%
BSX	B	1.25%	0.95%	0.95%
CBRE	B	0.34%	0.21%	0.21%
CEG	D	1.12%	0.29%	0.29%
CL	D	0.79%	0.33%	0.33%
COST	B	3.63%	0.92%	0.92%
CTAS	B	0.91%	0.54%	0.54%
DUK	C	0.88%	0.35%	0.35%
EBAY	D	0.25%	0.42%	0.25%
EME	C	0.38%	0.47%	0.38%
EQR	B	0.17%	0.19%	0.17%
ESS	B	0.15%	0.18%	0.15%
FICO	B	0.6%	0.86%	0.6%
GDDY	A	0.34%	0.78%	0.34%
GE	D	2.96%	0.74%	0.74%
GS	A	2.0%	0.99%	0.99%
HIG	B	0.46%	0.67%	0.46%
HOOD	B	0.15%	0.83%	0.15%
HWM	A	0.73%	0.52%	0.52%
IFF	D	0.16%	0.15%	0.15%
IRM	D	0.48%	0.19%	0.19%
ISRG	A	1.54%	1.06%	1.06%
JPM	A	5.48%	1.88%	1.88%
KKR	A	1.3%	0.8%	0.8%
KO	D	2.71%	0.61%	0.61%
LDOS	C	0.24%	0.38%	0.24%
LLY	F	3.82%	1.68%	1.68%
MO	A	1.19%	0.37%	0.37%
MPWR	F	0.24%	0.56%	0.24%
MSI	B	1.0%	0.88%	0.88%
NEE	D	2.24%	0.47%	0.47%
NEM	D	0.79%	0.2%	0.2%
NRG	B	0.27%	0.24%	0.24%
NVDA	C	5.34%	6.97%	5.34%
PEG	A	0.5%	0.28%	0.28%
PGR	A	1.88%	0.87%	0.87%
PKG	A	0.16%	0.16%	0.16%
PLTR	B	1.02%	1.3%	1.02%
PM	B	2.93%	0.55%	0.55%
RTX	C	2.19%	0.66%	0.66%
SW	A	0.22%	0.17%	0.17%
SYF	B	0.22%	0.72%	0.22%
TDG	D	0.7%	0.5%	0.5%
TJX	A	1.09%	0.61%	0.61%
TPL	A	0.33%	0.24%	0.24%
TRGP	B	0.61%	0.27%	0.27%
TT	A	1.13%	0.59%	0.59%
VRT	B	0.63%	0.51%	0.51%
VST	B	0.82%	0.31%	0.31%
WELL	A	0.84%	0.28%	0.28%
WMB	A	0.63%	0.3%	0.3%
WMT	A	4.93%	0.86%	0.86%

MTUM Overweight 67 Positions Relative to FDMO

Symbol	Grade	Weight
TXN	C	1.86%
LMT	D	1.37%
MMM	D	1.21%
SO	D	1.15%
C	A	1.08%
APH	A	0.97%
VRTX	F	0.95%
FI	A	0.9%
CB	C	0.9%
MSTR	C	0.89%
KLAC	D	0.8%
AFL	B	0.78%
ICE	C	0.72%
MCO	B	0.7%
AJG	B	0.59%
DELL	C	0.49%
PWR	A	0.43%
GRMN	B	0.42%
ALL	A	0.41%
DFS	B	0.38%
DHI	D	0.37%
RSG	A	0.36%
ACGL	D	0.35%
WAB	B	0.33%
AXON	A	0.32%
VTR	C	0.31%
NTAP	C	0.31%
VLTO	D	0.31%
PHM	D	0.31%
ALNY	D	0.3%
KDP	D	0.3%
AVB	B	0.29%
RMD	C	0.29%
K	A	0.29%
NDAQ	A	0.28%
LEN	D	0.28%
BRO	B	0.27%
EIX	B	0.26%
FITB	A	0.25%
LII	A	0.24%
TYL	B	0.23%
CSL	C	0.23%
NVR	D	0.23%
DOV	A	0.22%
HEI	B	0.16%
IP	B	0.15%
UTHR	C	0.15%
ERIE	D	0.13%
HEI	B	0.12%
MAA	B	0.12%
UHS	D	0.11%
CFG	B	0.11%
DKS	C	0.1%
DGX	A	0.09%
NI	A	0.09%
FNF	B	0.08%
AMCR	D	0.08%
DOC	D	0.08%
FOXA	B	0.07%
CPT	B	0.07%
FOX	A	0.07%
DVA	B	0.07%
CHRW	C	0.06%
ALLY	C	0.06%
UDR	B	0.05%
LNT	A	0.05%
EQH	B	0.03%

MTUM Underweight 65 Positions Relative to FDMO

Symbol	Grade	Weight
AAPL	C	-6.8%
MSFT	F	-6.21%
AMZN	C	-3.76%
GOOGL	C	-3.54%
META	D	-2.39%
BRK.A	B	-2.14%
TSLA	B	-2.03%
BAC	A	-1.21%
XOM	B	-1.12%
COIN	C	-1.09%
HD	A	-1.08%
ABBV	D	-1.08%
DHR	F	-0.92%
PG	A	-0.92%
NFLX	A	-0.88%
NTRA	B	-0.87%
HCA	F	-0.78%
QTWO	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
CAT	B	-0.73%
RVMD	C	-0.73%
THC	D	-0.72%
RNA	D	-0.7%
UBER	D	-0.67%
CVX	A	-0.67%
EVR	B	-0.67%
BKNG	A	-0.66%
FIS	C	-0.65%
JXN	C	-0.59%
T	A	-0.52%
CARR	D	-0.51%
LIN	D	-0.51%
URI	B	-0.5%
GM	B	-0.5%
RCL	A	-0.48%
FIX	A	-0.47%
TMUS	B	-0.45%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
CVNA	B	-0.38%
TTD	B	-0.32%
LUMN	C	-0.32%
OKE	A	-0.3%
SHW	A	-0.29%
KMI	A	-0.28%
KMB	D	-0.28%
SPG	B	-0.25%
FRPT	B	-0.24%
PSA	D	-0.24%
DLR	B	-0.24%
SFM	A	-0.24%
ECL	D	-0.23%
DTM	B	-0.2%
EXR	D	-0.2%
FTI	A	-0.19%
JLL	D	-0.16%
CRS	A	-0.16%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%