Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Fidelity US Momentum ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Different Benchmark Currency
FCMO.NEO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.
Returns By Period
Fidelity US Momentum ETF (FCMO.NEO) has returned -0.57% so far this year and 18.38% over the past 12 months.
Fidelity US Momentum ETF
- 1D
- 4.65%
- 1M
- -4.45%
- YTD
- -0.57%
- 6M
- -1.35%
- 1Y
- 18.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.80%
- 1M
- -3.22%
- YTD
- -3.34%
- 6M
- -2.48%
- 1Y
- 12.46%
- 3Y*
- 17.80%
- 5Y*
- 12.48%
- 10Y*
- 12.91%
Monthly Returns
Based on dividend-adjusted daily data since Apr 1, 2024, FCMO.NEO's average daily return is +0.08%, while the average monthly return is +1.61%. At this rate, your investment would double in approximately 3.6 years.
Historically, 63% of months were positive and 38% were negative. The best month was Nov 2024 with a return of +9.4%, while the worst month was Mar 2025 at -6.9%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FCMO.NEO closed higher 44% of trading days. The best single day was Apr 9, 2025 with a return of +9.7%, while the worst single day was Apr 3, 2025 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.68% | 3.36% | -4.45% | -0.57% | |||||||||
| 2025 | 6.56% | -3.44% | -6.90% | -3.77% | 7.95% | 5.29% | 3.84% | -0.98% | 6.70% | 1.08% | 2.54% | -4.27% | 14.07% |
| 2024 | 0.67% | 0.00% | 6.75% | 0.00% | 2.99% | 4.18% | 4.66% | 9.41% | -4.13% | 26.59% |
Benchmark Metrics
Fidelity US Momentum ETF has an annualized alpha of 3.51%, beta of 1.02, and R² of 0.62 versus S&P 500 Index. Calculated based on daily prices since April 02, 2024.
- This ETF captured 124.42% of S&P 500 Index gains and 111.68% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 3.51% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- With beta of 1.02 and R² of 0.62, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.51%
- Beta
- 1.02
- R²
- 0.62
- Upside Capture
- 124.42%
- Downside Capture
- 111.68%
Expense Ratio
FCMO.NEO has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FCMO.NEO ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity US Momentum ETF (FCMO.NEO) and compare them to a chosen benchmark (S&P 500 Index).
| FCMO.NEO | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 0.69 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.06 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.17 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.43 | 1.14 | +0.29 |
Martin ratioReturn relative to average drawdown | 5.02 | 4.22 | +0.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore FCMO.NEO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Fidelity US Momentum ETF provided a 0.37% dividend yield over the last twelve months, with an annual payout of CA$0.07 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | CA$0.07 | CA$0.07 | CA$0.04 |
Dividend yield | 0.37% | 0.36% | 0.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity US Momentum ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | |||||||||
| 2025 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.07 | CA$0.07 |
| 2024 | CA$0.04 | CA$0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity US Momentum ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity US Momentum ETF was 21.77%, occurring on Apr 8, 2025. Recovery took 69 trading sessions.
The current Fidelity US Momentum ETF drawdown is 6.77%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.77% | Jan 31, 2025 | 47 | Apr 8, 2025 | 69 | Jul 17, 2025 | 116 |
| -10.91% | Nov 28, 2025 | 83 | Mar 30, 2026 | — | — | — |
| -4.99% | Sep 3, 2024 | 4 | Sep 6, 2024 | 7 | Sep 17, 2024 | 11 |
| -4.99% | Dec 9, 2024 | 24 | Jan 14, 2025 | 6 | Jan 22, 2025 | 30 |
| -3.42% | Nov 13, 2025 | 7 | Nov 21, 2025 | 3 | Nov 26, 2025 | 10 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...