Fidelity Momentum Factor ETF (FDMO): Price and Financial Metrics ETF

Fidelity Momentum Factor ETF (FDMO) ETF Bio

The investment objective of the Fidelity Momentum Factor ETF will seek to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. The Fidelity U.S. Momentum Factor Index is designed to reflect the performance of stocks of large- and mid-cap U.S. companies exhibiting positive momentum signals. The index consists of stocks of companies with historically high total and volatility-adjusted returns, high positive earnings surprises and low average short interest.