FCMO.U
  • NAV $7.34 05-Jun-2023
  • -$0.01 / -0.16% Daily NAV change
  • 2.63% YTD return
  • MARKET PRICE 05-Jun-2023
  • $7.34   
  • Inception 05-Jun-2020
  • Net assets $44.4M
    05-Jun-2023
  • Units outstanding 4,500,000
    05-Jun-2023
  • Management fee 0.35%
  • MER 0.39%
    30-Sep-2022
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Momentum Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Quarterly
  • Exchange Toronto Stock Exchange
  • CUSIP 31649P106
  • Morningstar category U.S. Equity
  • Also available through: ETF Currency neutral and ETF CDN$
  • Get ETF Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

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 (%) 31-May-2023

YTD 2023 2022 2021
ETF (NAV) 0.31 -18.97 17.03
ETF (Market price) - - -

Standard period returns (%) 31-May-2023

1 mo 3 mo 6 mo 1 yr Inception
ETF (NAV) -2.47 0.71 -5.83 -2.68 5.10
ETF (Market price) - - - - -

Risk measures

Risk measures cannot be calculated on funds that are less than three years old. This fund does not yet meet the required criteria.

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 (%)

30-Apr-2023

Sector mix (%)

30-Apr-2023
12 months ago Last month Current month
Health Care 6.5 21.1 21.3
Information Technology 32.8 17.5 17.2
Consumer Staples 14.0 14.5 14.9
Energy - 11.8 11.8
Real Estate 9.3 9.8 9.8
Materials 12.2 9.3 8.9
Financials 4.7 7.3 7.6
Consumer Disc. 4.7 3.8 3.7
Industrials 1.9 3.7 3.6
Communication Services 2.2 1.2 1.1
Multi Sector - 0.2 0.1
Utilities 11.5 - -

Top ten holdings

  1. APPLE INC
  2. MICROSOFT CORP
  3. AMAZON.COM INC
  4. LINDE PLC
  5. EXXON MOBIL CORP
  6. STEEL DYNAMICS INC
  7. CORTEVA INC
  8. CHEVRON CORP
  9. CONOCOPHILLIPS
  10. MARATHON PETROLEUM CORP
Total number of holdings 98
Top ten holdings aggregate 34.0%
  1. APPLE INC
  2. MICROSOFT CORP
  3. AMAZON.COM INC
  4. LINDE PLC
  5. EXXON MOBIL CORP
  6. CORTEVA INC
  7. STEEL DYNAMICS INC
  8. CHEVRON CORP
  9. CONOCOPHILLIPS
  10. MARATHON PETROLEUM CORP
Total number of holdings 98
Top ten holdings aggregate 33.7%
  1. APPLE INC
  2. MICROSOFT CORP
  3. CORTEVA INC
  4. VICI PROPERTIES INC
  5. GAMING AND LEISURE PROPERTIE
  6. AMERICAN TOWER CORP
  7. EXXON MOBIL CORP
  8. PEPSICO INC
  9. CF INDUSTRIES HOLDINGS INC
  10. STEEL DYNAMICS INC
Total number of holdings 102
Top ten holdings aggregate 34.5%
  1. APPLE INC
  2. MICROSOFT CORP
  3. CORTEVA INC
  4. GAMING AND LEISURE PROPERTIE
  5. AMERICAN TOWER CORP
  6. VICI PROPERTIES INC
  7. STEEL DYNAMICS INC
  8. EXXON MOBIL CORP
  9. CF INDUSTRIES HOLDINGS INC
  10. PEPSICO INC
Total number of holdings 102
Top ten holdings aggregate 34.2%
View all

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 of December 31, 2022, Geode manages over $866 billion.