Fidelity Momentum Factor ETF (FDMO) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FDMO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FDMO
FDMO charges 0.29% annually. There are 10 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P 1500 Momentum Tilt ETF | 0.12% | 163.90M | Oct 2012 | FDMO vs MMTM | |
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.51B | Nov 2017 | FDMO vs JMOM | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 1.70B | Feb 2018 | FDMO vs VFMO | |
| Invesco S&P 500 Momentum ETF | 0.13% | 22.01B | Oct 2015 | FDMO vs SPMO | |
| iShares MSCI USA Momentum Factor ETF | 0.15% | 27.36B | Apr 2013 | FDMO vs MTUM |
Best Risk-Adjusted Alternatives to FDMO
FDMO has a PortfoliosLab risk / return rank of 53. There are 27 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 91 | 261.13M | Oct 2017 | FDMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | 89 | 117.88M | Jun 2011 | FDMO vs SPVM | |
| Invesco DWA Healthcare Momentum ETF | 87 | 169.34M | Oct 2006 | FDMO vs PTH | |
| Invesco DWA Emerging Markets Momentum ETF | 87 | 262.88M | Dec 2007 | FDMO vs PIE | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 83 | 1.73B | Oct 2017 | FDMO vs USVM |
Top Performing FDMO Alternatives (YTD)
FDMO is at 14.58% YTD. There are 27 ETFs in the Momentum category with higher YTD returns, going as high as 57.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 57.61% | 9.04M | Feb 2021 | FDMO vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 52.29% | 81.18M | May 2021 | FDMO vs QQQA | |
| Invesco Dorsey Wright Technology Momentum ETF | 47.90% | 752.12M | Oct 2006 | FDMO vs PTF | |
| Invesco DWA Emerging Markets Momentum ETF | 36.00% | 262.88M | Dec 2007 | FDMO vs PIE | |
| Invesco DWA Industrials Momentum ETF | 31.17% | 444.50M | Oct 2006 | FDMO vs PRN |
Lowest Volatility Alternatives to FDMO
FDMO has 18.46% 1-year volatility. There are 23 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.81% | 261.13M | Oct 2017 | FDMO vs ULVM | |
| Cambria Value and Momentum ETF | 11.16% | 106.10M | Sep 2015 | FDMO vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.46% | 117.88M | Jun 2011 | FDMO vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.67% | 72.37M | Sep 2018 | FDMO vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.52% | 43.72M | Sep 2025 | FDMO vs SMOM |
Lowest Drawdown Alternatives to FDMO
FDMO has a 1-year max drawdown of -12.22%. There are 29 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Value and Momentum ETF | -5.55% | 106.10M | Sep 2015 | FDMO vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 261.13M | Oct 2017 | FDMO vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 117.88M | Jun 2011 | FDMO vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 28.92M | Dec 2015 | FDMO vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -7.87% | 2.51B | Nov 2017 | FDMO vs JMOM |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 61 | 24.75% | 20.96B | Oct 2013 | FDMO vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 72 | 11.28% | 9.74B | Sep 2016 | FDMO vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -26.25% | 10.22B | Jan 2024 | FDMO vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 38 | 0.34% | 26.62B | Oct 2014 | FDMO vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 57 | 13.26% | 10.69B | Sep 2003 | FDMO vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 12.69% | 6.97B | Jun 2020 | FDMO vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 72 | 11.81% | 7.88B | Apr 2007 | FDMO vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 31 | 8.15% | 2.35B | Oct 2013 | FDMO vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 5 | -36.85% | 750.93M | Jul 2024 | FDMO vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 34 | 5.58% | 5.65B | Nov 2023 | FDMO vs FELG |
Often Compared With FDMO
Investors most often compare FDMO with VOO, JEPQ, FMTM. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare FDMO with Any Fund or Stock
Compare FDMO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FDMO with funds that move differently
Fidelity Momentum Factor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDMO.
Explore FDMO Diversifiers