VFMV vs. FDMO ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to Fidelity Momentum Factor ETF (FDMO)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.10

Average Daily Volume

7,210

Number of Holdings ^*

146

* 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

$65.97

Average Daily Volume

41,989

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	FDMO
30 Days	0.83%	3.55%
60 Days	3.76%	6.04%
90 Days	6.93%	3.73%
12 Months	27.18%	41.77%

37 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in FDMO	Overlap
ABBV	B	1.34%	1.32%	1.32%
AMAT	D	0.13%	1.43%	0.13%
AMGN	D	0.64%	1.01%	0.64%
AMZN	C	0.11%	3.69%	0.11%
AVGO	C	0.71%	2.64%	0.71%
BRK.A	C	0.29%	2.01%	0.29%
CB	B	0.08%	0.67%	0.08%
CL	C	1.05%	0.39%	0.39%
DECK	C	0.19%	0.47%	0.19%
DUK	B	1.31%	0.32%	0.32%
FANG	F	0.45%	0.26%	0.26%
GD	C	1.43%	0.5%	0.5%
GOOGL	D	0.87%	3.48%	0.87%
KLAC	D	0.09%	1.34%	0.09%
KO	B	0.46%	0.75%	0.46%
LDOS	A	0.29%	0.42%	0.29%
LLY	D	0.92%	2.1%	0.92%
MCK	F	1.5%	0.66%	0.66%
META	B	0.6%	2.54%	0.6%
MRK	F	1.39%	1.24%	1.24%
MSFT	C	0.45%	7.28%	0.45%
MU	D	0.04%	1.17%	0.04%
PG	C	1.45%	0.99%	0.99%
PGR	C	1.49%	0.78%	0.78%
PSX	F	0.14%	0.31%	0.14%
REGN	D	1.27%	0.93%	0.93%
RSG	D	1.39%	0.44%	0.44%
RTX	B	0.33%	0.66%	0.33%
T	B	0.51%	0.53%	0.51%
TJX	C	1.56%	0.69%	0.69%
TMUS	B	1.56%	0.43%	0.43%
V	C	0.44%	1.3%	0.44%
VZ	A	1.2%	0.58%	0.58%
WM	D	1.46%	0.49%	0.49%
WMB	C	0.97%	0.33%	0.33%
WMT	B	1.47%	0.88%	0.88%
XOM	D	1.42%	1.19%	1.19%

VFMV Overweight 109 Positions Relative to FDMO

Symbol	Grade	Weight
CVLT	B	1.63%
NTAP	D	1.57%
TXN	B	1.54%
ROP	C	1.5%
VECO	F	1.49%
EA	D	1.48%
CSCO	B	1.46%
JNJ	C	1.46%
LMT	A	1.44%
MUSA	D	1.43%
ADI	C	1.42%
KEX	C	1.4%
IDT	C	1.35%
ORLY	B	1.33%
IBM	B	1.31%
CHD	C	1.28%
NOC	B	1.27%
MCD	B	1.24%
FCN	C	1.21%
CME	B	1.19%
IDCC	B	1.14%
CBOE	C	1.13%
DLB	D	1.06%
LRN	B	1.05%
DOX	C	1.03%
GIS	B	0.98%
HSTM	D	0.97%
MGEE	C	0.96%
GILD	B	0.89%
CRUS	D	0.86%
SAFT	D	0.86%
GPOR	C	0.85%
UNH	C	0.85%
INST	D	0.83%
NSIT	C	0.83%
CHE	C	0.81%
LAUR	C	0.79%
NABL	F	0.78%
BLKB	C	0.78%
CVX	F	0.77%
CAH	C	0.75%
WTM	F	0.75%
HPQ	C	0.72%
GOOG	D	0.7%
OSIS	C	0.7%
QCOM	D	0.69%
AAPL	C	0.64%
YELP	D	0.63%
MCS	B	0.61%
INSW	C	0.55%
MATX	B	0.54%
PBH	C	0.52%
ED	B	0.51%
NEU	D	0.49%
FLO	C	0.47%
HSY	D	0.45%
AJG	D	0.43%
TRV	C	0.43%
THFF	D	0.42%
AZO	B	0.42%
K	A	0.4%
WEC	B	0.39%
MDLZ	C	0.39%
RLI	B	0.36%
NVEC	D	0.35%
OLLI	C	0.34%
AMSF	C	0.34%
JBSS	F	0.33%
CASS	D	0.32%
BMY	C	0.31%
ROL	C	0.29%
IMMR	D	0.28%
MO	C	0.28%
MTSI	C	0.26%
LOPE	D	0.25%
KMI	C	0.24%
EBF	C	0.24%
EQC	D	0.24%
ACN	C	0.23%
EXEL	C	0.23%
JJSF	B	0.23%
OLED	D	0.19%
SPOK	C	0.19%
SPNS	D	0.17%
QNST	C	0.15%
DGICA	C	0.12%
TNK	D	0.12%
CLBK	D	0.1%
DJCO	C	0.1%
DTM	C	0.1%
CNXN	B	0.08%
LRCX	D	0.08%
KMB	C	0.07%
GLRE	C	0.06%
PEP	D	0.06%
LANC	F	0.06%
REYN	C	0.06%
UNM	B	0.06%
ATR	B	0.05%
SFL	D	0.05%
EIG	C	0.04%
DTE	A	0.04%
AKAM	D	0.04%
VRTX	D	0.04%
NBIX	F	0.04%
CNA	D	0.04%
SPOT	C	0.03%
CMS	B	0.03%
MSI	B	0.03%

VFMV Underweight 86 Positions Relative to FDMO

Symbol	Grade	Weight
NVDA	C	-6.63%
APP	C	-1.89%
JPM	D	-1.56%
CRWD	D	-1.51%
ANET	C	-1.44%
APH	C	-1.33%
GDDY	C	-1.31%
DELL	C	-1.28%
HD	B	-1.19%
ISRG	C	-1.05%
COST	C	-1.0%
BSX	B	-0.97%
BAC	D	-0.96%
ELV	D	-0.91%
NTRA	C	-0.85%
NFLX	B	-0.81%
THC	C	-0.79%
WFC	D	-0.78%
SMCI	F	-0.77%
GE	C	-0.77%
AXP	B	-0.75%
CAT	B	-0.74%
GS	B	-0.73%
UBER	C	-0.73%
BKNG	B	-0.72%
C	C	-0.65%
KKR	B	-0.64%
ETN	C	-0.64%
CMG	D	-0.61%
PM	C	-0.58%
HLT	B	-0.57%
TT	B	-0.57%
LIN	B	-0.55%
ALL	C	-0.55%
CVNA	B	-0.53%
TDG	B	-0.53%
WING	C	-0.51%
CTAS	C	-0.51%
HIG	B	-0.51%
HOOD	C	-0.5%
VRT	C	-0.5%
NEE	B	-0.48%
WSM	C	-0.48%
JXN	B	-0.47%
EME	B	-0.46%
WAB	B	-0.46%
FIX	B	-0.44%
ANF	D	-0.43%
CSL	B	-0.42%
COIN	F	-0.39%
OKE	C	-0.35%
SO	B	-0.34%
AMT	C	-0.33%
MPC	F	-0.32%
TRGP	C	-0.31%
SHW	B	-0.3%
CEG	C	-0.3%
WELL	C	-0.28%
EQIX	B	-0.28%
FRPT	C	-0.27%
SFM	B	-0.26%
ECL	B	-0.25%
FCX	C	-0.25%
PSA	C	-0.25%
AEP	C	-0.25%
SPG	B	-0.24%
PEG	B	-0.24%
VST	B	-0.24%
CASY	D	-0.24%
FTI	D	-0.22%
DLR	B	-0.22%
EXR	C	-0.21%
WFRD	F	-0.2%
NRG	B	-0.2%
IRM	C	-0.19%
AVB	C	-0.19%
IFF	A	-0.18%
MLM	D	-0.18%
PKG	B	-0.17%
ELF	F	-0.17%
ESS	C	-0.17%
LAMR	B	-0.16%
STLD	C	-0.15%
AVY	C	-0.15%
SLG	C	-0.14%
CRS	C	-0.14%