FDMO - FDMO: Like Surfing Trends
2025-09-25 12:33:03 ET
Introduction
If you’re interested in a simple, disciplined way to “follow the winners of the market,” the Fidelity Momentum Factor ETF ( FDMO ) is one of the most straightforward vehicles for capturing the momentum factor in U.S. equities. This is a passive replica ETF that seeks to map – before commissions – the Fidelity U.S. Momentum Factor Index, a proprietary index that selects large- and mid-cap stocks with positive momentum signals. The fund has been on the market since 2016 and currently charges a competitive fee (total expenses around 0.16% according to recent data), which places it among the options of “smart beta” of adjusted cost....
FDMO: Like Surfing Trends