FDMO vs. QCLR

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Momentum Factor ETF (FDMO) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR).

FDMO and QCLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDMO is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Momentum Factor Index. It was launched on Sep 12, 2016. QCLR is a passively managed fund by Global X that tracks the performance of the NASDAQ-100 Quarterly Collar 95-110 Index. It was launched on Aug 25, 2021. Both FDMO and QCLR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FDMO vs. QCLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Momentum Factor ETF (FDMO) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). The values are adjusted to include any dividend payments, if applicable.

FDMO vs. QCLR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FDMO Fidelity Momentum Factor ETF	-4.46%	21.43%	32.78%	24.79%	-19.32%	5.95%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	-6.67%	11.27%	20.27%	28.87%	-18.87%	3.02%

Returns By Period

In the year-to-date period, FDMO achieves a -4.46% return, which is significantly higher than QCLR's -6.67% return.

FDMO

• 1D: 3.97%
• 1M: -4.65%
• YTD: -4.46%
• 6M: -3.37%
• 1Y: 23.95%
• 3Y*: 22.48%
• 5Y*: 12.99%
• 10Y*: —

QCLR

• 1D: 1.60%
• 1M: -5.31%
• YTD: -6.67%
• 6M: -5.64%
• 1Y: 10.86%
• 3Y*: 12.72%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDMO vs. QCLR - Expense Ratio Comparison

FDMO has a 0.29% expense ratio, which is lower than QCLR's 0.60% expense ratio.

QCLR

Global X NASDAQ 100 Collar 95-110 ETF

FDMO

Fidelity Momentum Factor ETF

Return for Risk

FDMO vs. QCLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDMO

FDMO Risk / Return Rank: 71
FDMO Sharpe Ratio Rank: 65
FDMO Sortino Ratio Rank: 68
FDMO Omega Ratio Rank: 67
FDMO Calmar Ratio Rank: 79
FDMO Martin Ratio Rank: 75

QCLR

QCLR Risk / Return Rank: 48
QCLR Sharpe Ratio Rank: 52
QCLR Sortino Ratio Rank: 52
QCLR Omega Ratio Rank: 46
QCLR Calmar Ratio Rank: 43
QCLR Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDMO vs. QCLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Momentum Factor ETF (FDMO) and Global X NASDAQ 100 Collar 95-110 ETF (QCLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FDMO	QCLR	Difference
Sharpe ratio Return per unit of total volatility	1.08	0.91	+0.18
Sortino ratio Return per unit of downside risk	1.64	1.35	+0.28
Omega ratio Gain probability vs. loss probability	1.23	1.17	+0.06
Calmar ratio Return relative to maximum drawdown	2.03	1.06	+0.97
Martin ratio Return relative to average drawdown	7.44	4.33	+3.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDMO vs. QCLR - Sharpe Ratio Comparison

The current FDMO Sharpe Ratio is 1.08, which is comparable to the QCLR Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of FDMO and QCLR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FDMO	QCLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	0.91	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	0.53	+0.19

Correlation

The correlation between FDMO and QCLR is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FDMO vs. QCLR - Dividend Comparison

FDMO's dividend yield for the trailing twelve months is around 0.67%, less than QCLR's 15.95% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDMO Fidelity Momentum Factor ETF	0.67%	0.61%	0.90%	0.87%	1.19%	0.60%	0.77%	1.23%	1.22%	1.09%	0.45%
QCLR Global X NASDAQ 100 Collar 95-110 ETF	15.95%	14.89%	8.89%	0.47%	0.27%	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FDMO vs. QCLR - Drawdown Comparison

The maximum FDMO drawdown since its inception was -33.94%, which is greater than QCLR's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for FDMO and QCLR.

Drawdown Indicators

	FDMO	QCLR	Difference
Max Drawdown Largest peak-to-trough decline	-33.94%	-21.77%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	-12.33%	-10.22%	-2.11%
Max Drawdown (5Y) Largest decline over 5 years	-25.44%	—	—
Current Drawdown Current decline from peak	-8.73%	-8.78%	+0.05%
Average Drawdown Average peak-to-trough decline	-5.49%	-6.32%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	2.50%	+0.86%

Volatility

FDMO vs. QCLR - Volatility Comparison

Fidelity Momentum Factor ETF (FDMO) has a higher volatility of 7.54% compared to Global X NASDAQ 100 Collar 95-110 ETF (QCLR) at 3.86%. This indicates that FDMO's price experiences larger fluctuations and is considered to be riskier than QCLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDMO	QCLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.54%	3.86%	+3.68%
Volatility (6M) Calculated over the trailing 6-month period	13.62%	8.53%	+5.09%
Volatility (1Y) Calculated over the trailing 1-year period	22.23%	12.06%	+10.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.98%	12.61%	+6.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.55%	12.61%	+6.94%