FCMO.U
  • NAV $11.39 17-Mar-2025
  • $0.14 / 1.21% Daily NAV change
  • -3.15% YTD return
  • MARKET PRICE 17-Mar-2025
  • $11.41   
  • Inception 05-Jun-2020
  • Net assets $509.8M
    17-Mar-2025
  • Units outstanding 31,350,000
    17-Mar-2025
  • Management fee 0.35%
  • MER 0.37%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Momentum Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Quarterly
  • Exchange Cboe CA
  • CUSIP 31649P106
  • Morningstar category U.S. Equity
  • Also available through ETF CDN$
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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The units of this ETF were subdivided after the close of business on March 3, 2021. The units started trading on a split-adjusted basis as of March 4, 2021. Please refer to the Footnotes and Disclosures section at the bottom of this page for additional details.

Why invest in this ETF?

  • Single-factor exposure to companies that exhibit positive momentum signals  
  • An outcome-oriented approach that follows market trends and sentiment which has the potential to outperform over the medium term             
  • An efficient complement to a well-diversified portfolio

Calendar returns (%) 28-Feb-2025

YTD 2025 2024 2023 2022 2021
ETF (NAV) 3.00 41.20 17.38 -18.97 17.03
ETF (Market price) 2.64 - - - -

Standard period returns (%) 28-Feb-2025

1 mo 3 mo 6 mo 1 yr 3 yr Inception†
ETF (NAV) -2.20 -3.12 10.27 28.99 15.85 15.44
ETF (Market price) -2.58 -3.75 10.09 28.58 15.73 -

Risk measures (%) 28-Feb-2025

Fund
Annualized standard deviation 15.93
Beta 1.00
R² 1.00

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

28-Feb-2025

Sector mix (%)

28-Feb-2025
12 months ago Last month Current month
Information Technology 34.8 23.3 23.4
Consumer Staples - 11.6 12.9
Energy - - 11.9
Materials - - 10.9
Real Estate 8.9 7.4 10.6
Utilities 10.1 - 8.9
Financials 6.6 21.6 8.0
Consumer Disc. 3.5 3.7 4.3
Health Care 5.1 15.3 3.9
Industrials 16.6 14.8 2.6
Communication Services 14.2 2.2 2.6
Multi Sector 0.2 0.1 0.2

Top ten holdings

  1. CARPENTER TECHNOLOGY CORP
  2. APPLE INC
  3. AIR PRODUCTS & CHEMICALS INC
  4. TALEN ENERGY CORP
  5. NVIDIA CORP
  6. MICROSOFT CORP
  7. WILLIAMS COMPANIES INC
  8. VISTRA CORP
  9. WELLTOWER INC
  10. TARGA RESOURCES CORP
Total number of holdings 105
Top ten holdings aggregate 46.6%
  1. CARPENTER TECHNOLOGY CORP
  2. APPLE INC
  3. AIR PRODUCTS & CHEMICALS INC
  4. TALEN ENERGY CORP
  5. NVIDIA CORP
  6. MICROSOFT CORP
  7. VISTRA CORP
  8. WILLIAMS COMPANIES INC
  9. TEXAS PACIFIC LAND CORP
  10. WELLTOWER INC
Total number of holdings 106
Top ten holdings aggregate 46.2%
  1. APPLE INC
  2. MICROSOFT CORP
  3. NVIDIA CORP
  4. WELLTOWER INC
  5. JONES LANG LASALLE INC
  6. BERKSHIRE HATHAWAY INC CL B
  7. JPMORGAN CHASE & CO
  8. WALMART INC
  9. COSTCO WHOLESALE CORP
  10. ELI LILLY & CO
Total number of holdings 98
Top ten holdings aggregate 31.1%
  1. APPLE INC
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. WELLTOWER INC
  5. BERKSHIRE HATHAWAY INC CL B
  6. JONES LANG LASALLE INC
  7. JPMORGAN CHASE & CO
  8. WALMART INC
  9. IRON MOUNTAIN INC
  10. COSTCO WHOLESALE CORP
Total number of holdings 98
Top ten holdings aggregate 32.3%
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Portfolio manager

Managed by Geode - Geode Capital Management is a global systematic investment manager. With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with the benefits of a versatile investment platform – flexibility and customization. Geode is able to offer institutional investors the essential building blocks for today’s changing investment landscape.

As at December 31, 2024, Geode manages over $1.5 trillion.