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Morningstar

Fidelity Momentum Factor ETF FDMO

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FDMO

Will FDMO outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDMO’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDMO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FDMO’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Momentum Factor ETF earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FDMO

More FDMO Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.36 15.0 Mil
Technology

NVIDIA Corp

5.75 11.7 Mil
Technology

Alphabet Inc Class A

4.06 8.3 Mil
Communication Services

Amazon.com Inc

3.81 7.8 Mil
Consumer Cyclical

Broadcom Inc

2.33 4.7 Mil
Technology

Meta Platforms Inc Class A

2.26 4.6 Mil
Communication Services

Eli Lilly and Co

2.00 4.1 Mil
Healthcare

Berkshire Hathaway Inc Class B

1.99 4.1 Mil
Financial Services

Advanced Micro Devices Inc

1.61 3.3 Mil
Technology

JPMorgan Chase & Co

1.61 3.3 Mil
Financial Services