ducovest

FDMO:NYE-Fidelity® Momentum Factor ETF (USD)

ETF | Large Growth |

Last Closing

USD 65.8

Change

0.00 (0.00)%

Market Cap

USD 0.29B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Company Website : http://www.institutional.fidelity.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-21 )

Largest Industry Peers for Large Growth

Symbol Name Price(Change) Market Cap
SCHG Schwab U.S. Large-Cap Growth E..

N/A

 USD 31.77B
VOOG Vanguard S&P 500 Growth Index ..

N/A

 USD 12.93B
IWY iShares Russell Top 200 Growth..

N/A

 USD 11.51B
SPGP Invesco S&P 500 GARP ETF

N/A

 USD 4.33B
JMOM JPMorgan U.S. Momentum Factor ..

N/A

 USD 1.11B
FQAL Fidelity® Quality Factor ETF

N/A

 USD 1.05B
QGRO American Century U.S. Quality ..

N/A

 USD 0.88B
SFY SoFi Select 500

N/A

 USD 0.86B
BIBL Northern Lights Fund Trust IV ..

N/A

 USD 0.34B
GVIP Goldman Sachs Hedge Industry V..

N/A

 USD 0.30B

ETFs Containing FDMO

N/A

Market Performance

  Market Performance vs. Industry/Classification (Large Growth) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 24.34% 67% D+ 86% B+
Dividend Return 0.60% 87% B+ 12% F
Total Return 24.94% 71% C- 85% B
Trailing 12 Months  
Capital Gain 40.27% 72% C 86% B+
Dividend Return 0.70% 50% F 8% B-
Total Return 40.97% 76% C+ 85% B
Trailing 5 Years  
Capital Gain 85.88% 40% F 83% B
Dividend Return 4.99% 58% F 15% F
Total Return 90.86% 44% F 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 13.41% 38% F 75% C
Dividend Return 14.23% 35% F 73% C
Total Return 0.81% 60% D- 18% F
Risk Return Profile  
Volatility (Standard Deviation) 18.02% 96% N/A 56% F
Risk Adjusted Return 78.94% 81% B- 89% A-
Market Capitalization 0.29B 29% F 40% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.