ATLASFidelity Momentum Factor ETF (FDMO): outlook, holdings and fees
Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.15% and the yield is 0.65%. The ten largest holdings are 40% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDMO
| Last price | $90.31 (+0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $87.53 – $93.94 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 0.65% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDMO fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Factor strategies |
| Assets under management | $873M |
| Expense ratio | 0.15% |
| Number of holdings | 50 |
| Portfolio turnover | 138% |
| Inception | Sep 12, 2016 |
| Exchange | NYSE |
The fund normally invests 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. It invests in lending securities to earn income for the fund.
FDMO top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 9.09% |
| Apple Inc. AAPL | Technology | 8.28% |
| Alphabet Inc Class A GOOGL | Communication Services | 5.70% |
| Amazon.com Inc AMZN | Consumer Cyclical | 3.70% |
| Micron Technology Inc MU | Technology | 2.84% |
| Advanced Micro Devices Inc AMD | Technology | 2.65% |
| Moderna Inc MRNA | Healthcare | 2.10% |
| Intel Corporation INTC | Technology | 1.84% |
| Eli Lilly and Company LLY | Healthcare | 1.79% |
| Berkshire Hathaway Inc BRK-B | Financial Services | 1.67% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDMO sector breakdown
| Sector | Weight |
|---|---|
| Technology | 40.1% |
| Financial Services | 11.0% |
| Healthcare | 10.1% |
| Consumer Cyclicals | 8.6% |
| Industrials | 8.6% |
| Communication Services | 7.9% |
| Consumer Defensive | 4.0% |
| Energy | 3.9% |
| Basic Materials | 2.0% |
| Real Estate | 1.9% |
| Utilities | 1.8% |
By region: North America 99.4%, Europe Developed 0.6%.
FDMO returns and risk
| Year to date | +14.0% |
|---|---|
| 1 year | +17.8% |
| 3 years (annualised) | +28.7% |
| 5 years (annualised) | +15.2% |
| 10 years (annualised) | +16.1% |
| Volatility (3 years) | 16.3% |
| Sharpe ratio (3 years) | 1.37 |
Past returns do not guarantee future results.
FDMO: frequently asked questions
What does FDMO invest in?
Fidelity Momentum Factor ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (9.1%), Apple Inc. (8.3%), Alphabet Inc Class A (5.7%), Amazon.com Inc (3.7%), Micron Technology Inc (2.8%).
What is the FDMO expense ratio?
0.15% a year: about $15.00 for every $10,000 invested.
What is the FDMO dividend yield?
0.65%. ATLAS does not hold the exact distribution dates for ETFs.
Will FDMO go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $87.53 to $93.94 from $90.31 today. It is a probability, not a prediction.
How has FDMO performed?
Year to date +14.0%, one year +17.8%, three years +28.7% a year, five years +15.2% a year. Past returns do not guarantee future results.
Similar ETFs: Factor strategies
- iShares MSCI Intl Quality Factor ETF (IQLT)
- Invesco S&P MidCap Momentum ETF (XMMO)
- Invesco S&P MidCap Quality ETF (XMHQ)
- Invesco Russell 1000 Dynamic Multifactor ETF (OMFL)
- iShares MSCI Intl Momentum Factor ETF (IMTM)
- Invesco S&P SmallCap Momentum ETF (XSMO)
- Invesco S&P 100 Equal Weight ETF (EQWL)
- Fidelity Small-Mid Multifactor ETF (FSMD)
Educational information, not investment advice. Disclaimer