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Fidelity® Momentum Factor ETF (FDMO)
Look-through valuation · Style & factor · Expense ratio 0.15 % · ISIN US3160928160
Price history (since 2016)
Monthly close since 2016. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| NVIDIA Corporation NVDA | 8.4 % | −55.8 % | 74 |
| Apple Inc. AAPL | 7.3 % | −43.0 % | 82 |
| Alphabet Inc Class A GOOGL | 5.3 % | n/a | n/a |
| Amazon.com Inc AMZN | 3.9 % | −52.2 % | 54 |
| Broadcom Inc AVGO | 3.7 % | −71.6 % | 70 |
| Micron Technology Inc MU | 2.9 % | −83.7 % | 74 |
| Meta Platforms Inc. META | 2.1 % | −7.6 % | 67 |
| Eli Lilly and Company LLY | 2.0 % | −68.1 % | 69 |
| JPMorgan Chase & Co JPM | 1.9 % | −40.3 % | 65 |
| Berkshire Hathaway Inc BRK-B | 1.8 % | −22.3 % | 56 |
| Applied Materials Inc AMAT | 1.8 % | −66.6 % | 77 |
| Lam Research Corp LRCX | 1.6 % | −71.8 % | 87 |
| Johnson & Johnson JNJ | 1.5 % | −35.2 % | 81 |
| Tesla Inc TSLA | 1.4 % | −93.2 % | 37 |
| KLA Corporation KLAC | 1.4 % | −64.2 % | 82 |
| Seagate Technology PLC STX | 1.3 % | −93.0 % | 80 |
| Sandisk Corp SNDK | 1.3 % | n/a | n/a |
| Exxon Mobil Corp XOM | 1.1 % | −44.3 % | 56 |
| Western Digital Corporation WDC | 1.1 % | −83.0 % | 71 |
| Bank of America Corp BAC | 1.1 % | −21.5 % | 59 |
| Teradyne Inc TER | 1.1 % | −83.7 % | 76 |
| Merck & Company Inc MRK | 1.1 % | −5.7 % | 70 |
| Corning Incorporated GLW | 1.0 % | −81.1 % | 69 |
| Coherent Inc COHR | 1.0 % | −97.8 % | 41 |
| General Electric Company GCP | 1.0 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +71.9 % below FV
- 2 FXI iShares China Large-Cap ETF +53.7 % below FV
- 3 CHIQ Global X MSCI China Consumer Disc ETF +48.5 % below FV
- 4 FLCH Franklin FTSE China ETF +36.0 % below FV
- 5 KWEB KraneShares CSI China Internet ETF +33.5 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.5 % below FV
- 7 MCHI iShares MSCI China ETF +28.0 % below FV
- 8 ITB iShares U.S. Home Construction ETF +13.7 % below FV
- 9 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +12.7 % below FV
- 10 TAN Invesco Solar ETF +10.8 % below FV
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® Momentum Factor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Aug 14, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.