FDMO Performance — Fidelity Momentum Factor ETF
Data updated: 2026-10-13
FDMO returned +10.20% year to date and +19.20% over one year to Jul 2026. Annualised returns are +24.16% over 3 years and +14.13% over 5 years. The fund beat its US Large Growth category average: $100 invested three years ago grew to $191, against $166 for the category, and to $119 over one year, against $111. Volatility over the past three years was 16.46% a year. In the 12 months to Jul 2026 the fund took in a net $284.7M, and assets reached $903.67M.
FDMO Growth of $100
What $100 invested in Fidelity Momentum Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | FDMO | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $111 |
| 3 years (Aug 2023 – Jul 2026) | $191 | $166 |
| 5 years (Aug 2021 – Jul 2026) | $194 | $158 |
| Since data start (Aug 2019 – Jul 2026) | $274 | $261 |
FDMO Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.20% |
| 1 year | +19.20% |
| 3 years (annualised) | +24.16% |
| 5 years (annualised) | +14.13% |
FDMO Annual Returns
Calendar-year total returns of Fidelity Momentum Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.20% |
| 2025 | +21.37% |
| 2024 | +32.76% |
| 2023 | +24.72% |
| 2022 | −19.17% |
| 2021 | +22.28% |
| 2020 | +21.63% |
| 2019 (Aug–Dec) | +3.08% |
FDMO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.4% | −2.1% | −4.7% | +12.5% | +6.2% | +3.3% | −6.5% | — | — | — | — | — |
| 2025 | +3.9% | −3.0% | −6.9% | +1.4% | +9.1% | +5.3% | +2.6% | +1.8% | +5.0% | +2.4% | −0.9% | −0.4% |
| 2024 | +2.9% | +7.5% | +3.2% | −4.2% | +5.9% | +4.3% | −0.9% | +2.5% | +2.4% | +0.2% | +8.7% | −2.8% |
| 2023 | +3.5% | −2.0% | +3.2% | +1.9% | −0.1% | +6.5% | +2.0% | +0.1% | −5.3% | −2.1% | +10.9% | +4.8% |
| 2022 | −6.9% | −2.4% | +4.8% | −10.1% | −0.9% | −8.0% | +9.9% | −2.7% | −7.4% | +8.6% | +2.7% | −6.1% |
| 2021 | +2.0% | −0.5% | +0.4% | +6.3% | −1.1% | +3.2% | +2.3% | +3.5% | −4.8% | +7.5% | −0.6% | +2.8% |
| 2020 | +2.8% | −8.6% | −11.6% | +13.9% | +4.3% | +2.0% | +7.1% | +6.5% | −3.5% | −3.0% | +10.0% | +2.9% |
| 2019 | — | — | — | — | — | — | — | −0.6% | −1.4% | +0.2% | +3.3% | +1.6% |
FDMO Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.46%
- 3-year Sharpe ratio: 1.19 (vs 4.5% risk-free rate)
- Best month: +12.47% (Apr 2026)
- Worst month: −6.93% (Mar 2025)
FDMO Fund Flows
Monthly money in and out of Fidelity Momentum Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $284.7M
- 12-month gross sales (incl. reinvestments): $611.2M
- Sales ÷ redemptions: 1.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $23.7M | $13.4M | $10.3M |
| Jun 2026 | $24.0M | $0 | $24.0M |
| May 2026 | $84.4M | $74.7M | $9.7M |
| Apr 2026 | $37.5M | $4.4M | $33.1M |
| Mar 2026 | $80.2M | $0 | $80.2M |
| Feb 2026 | $156.6M | $114.7M | $41.9M |
| Jan 2026 | $17.4M | $0 | $17.4M |
| Dec 2025 | $25.3M | $0 | $25.3M |
| Nov 2025 | $93.4M | $79.8M | $13.6M |
| Oct 2025 | $20.9M | $0 | $20.9M |
| Sep 2025 | $4.1M | $0 | $4.1M |
| Aug 2025 | $43.6M | $39.5M | $4.1M |
FDMO Assets Under Management
Net assets of Fidelity Momentum Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $903.67M |
| 2026-04-30 | $841.75M |
| 2026-01-31 | $640.23M |
| 2025-10-31 | $578.82M |
| 2025-07-31 | $502.26M |
| 2025-04-30 | $423.21M |
| 2025-01-31 | $484.56M |
| 2024-10-31 | $321.18M |
| 2024-07-31 | $220.92M |
| 2024-04-30 | $187.67M |
| 2024-01-31 | $190.55M |
| 2023-10-31 | $139.23M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.