ducovest

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

ETF | Large Growth |

Last Closing

USD 71.18

Change

-0.10 (-0.14)%

Market Cap

USD 0.36B

Volume

0.08M

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: 2024-11-13 )

Largest Industry Peers for Large Growth

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

-0.02 (-0.07%)

 USD 33.93B
VOOG Vanguard S&P 500 Growth Index ..

+0.04 (+0.01%)

 USD 14.12B
IWY iShares Russell Top 200 Growth..

+0.05 (+0.02%)

 USD 12.09B
SPGP Invesco S&P 500 GARP ETF

+0.06 (+0.05%)

 USD 4.32B
JMOM JPMorgan U.S. Momentum Factor ..

-0.21 (-0.35%)

 USD 1.16B
FQAL Fidelity® Quality Factor ETF

-0.13 (-0.19%)

 USD 1.12B
QGRO American Century U.S. Quality ..

-0.15 (-0.15%)

 USD 1.01B
SFY SoFi Select 500

-0.12 (-0.11%)

 USD 0.98B
BIBL Northern Lights Fund Trust IV ..

-0.03 (-0.06%)

 USD 0.33B
GVIP Goldman Sachs Hedge Industry V..

+0.23 (+0.18%)

 USD 0.32B

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 34.50% 83% B 88% B+
Dividend Return 0.60% 83% B 8% B-
Total Return 35.10% 83% B 87% B+
Trailing 12 Months  
Capital Gain 43.91% 88% B+ 86% B+
Dividend Return 0.86% 68% D+ 9% A-
Total Return 44.78% 88% B+ 85% B
Trailing 5 Years  
Capital Gain 100.56% 40% F 85% B
Dividend Return 5.83% 56% F 15% F
Total Return 106.39% 40% F 84% B
Average Annual (5 Year Horizon)  
Capital Gain 14.25% 36% F 75% C
Dividend Return 15.05% 36% F 72% C
Total Return 0.80% 60% D- 19% F
Risk Return Profile  
Volatility (Standard Deviation) 18.79% 96% N/A 58% F
Risk Adjusted Return 80.09% 88% B+ 89% A-
Market Capitalization 0.36B 43% F 44% 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.