See what your fund actually adds

Fidelity Momentum Factor ETF FDMO

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

FDMO compared with its replication portfolio
MeasureFDMOReplication
Annualized growth14.6%13.3%
Annualized volatility18.4%18.8%
Sharpe ratio0.830.76
Maximum drawdown25.1%29.4%
Replication fit (R²)0.97 · Tracking error 3.3%

Replication portfolio

The published portfolio below is the investable basket used to model FDMO’s historical return behavior.

FDMO replication basket weights
TickerBuilding blockWeight
MTUMFactor · Momentum47.7%
VUGStyle · Growth27.1%
LRGFFactor · Multi-Factor19.6%
IWCMicro Cap5.6%