About Fidelity Momentum Factor ETF (FDMO)

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that aims to provide investors with exposure to companies exhibiting strong momentum characteristics. It seeks to track the performance of the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks with high momentum scores based on factors such as price movement and earnings momentum. By investing in this ETF, investors can gain exposure to a diversified portfolio of companies that have shown consistent positive price trends in the market.

The price history of FDMO reflects the performance of the underlying index. Investors can analyze the historical price data to assess the fund's past performance and volatility. It is important to note that past performance does not guarantee future results, and investors should consider other factors such as the fund's expense ratio and investment strategy before making investment decisions.