Fidelity Momentum Factor ETF holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.
Fidelity Momentum Factor ETF FDMO
Morningstar’s Analysis FDMO
Will FDMO outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 39.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
NVIDIA Corp | 8.24 | 75M | Technology |
Apple Inc | 7.27 | 66M | Technology |
Alphabet Inc Class A | 5.62 | 51M | Communication Services |
Broadcom Inc | 3.60 | 33M | Technology |
Amazon.com Inc | 3.52 | 32M | Consumer Cyclical |
Micron Technology Inc | 3.23 | 30M | Technology |
Meta Platforms Inc Class A | 2.19 | 20M | Communication Services |
Eli Lilly and Co | 1.82 | 17M | Healthcare |
SanDisk Corp Ordinary Shares | 1.77 | 16M | Technology |
Tesla Inc | 1.76 | 16M | Consumer Cyclical |