FCMO
  • NAV $17.46 20-Jan-2025
  • -$0.19 / -1.08% Daily NAV change
  • 3.34% YTD return
  • MARKET PRICE 21-Jan-2025
  • $17.76   
  • Inception 05-Jun-2020
  • Net assets $495.2M
    21-Jan-2025
  • Units outstanding 27,900,000
    21-Jan-2025
  • Management fee 0.35%
  • MER * 0.37%
    30-Sep-2024
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Momentum Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Quarterly
  • Exchange Cboe CA
  • CUSIP 31649P106
  • Morningstar category U.S. Equity
  • Also available through ETF US$
  • 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 (%) 31-Dec-2024

YTD 2024 2023 2022 2021
ETF (NAV) 53.18 14.87 -13.26 16.30
ETF (Market price) 53.40 14.81 -13.28 16.29

Standard period returns (%) 31-Dec-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception†
ETF (NAV) -3.44 9.23 17.33 53.18 15.13 16.98
ETF (Market price) -4.12 9.29 17.23 53.40 15.16 16.89

Risk measures (%) 31-Dec-2024

Fund
Annualized standard deviation 16.61
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 (%)

31-Dec-2024

Sector mix (%)

31-Dec-2024
12 months ago Last month Current month
Information Technology 33.5 23.5 25.1
Financials 6.1 20.9 20.6
Health Care 5.8 15.4 15.0
Industrials 16.0 15.2 14.5
Consumer Staples - 11.5 11.5
Real Estate - 7.8 7.3
Consumer Disc. 16.5 3.6 3.7
Communication Services 13.2 1.9 2.1
Multi Sector 0.2 0.2 0.1
Energy 8.8 - -
Materials - - -
Utilities - - -

Top ten holdings

  1. APPLE INC
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. BERKSHIRE HATHAWAY INC CL B
  5. WELLTOWER INC
  6. JPMORGAN CHASE & CO
  7. JONES LANG LASALLE INC
  8. WALMART INC
  9. IRON MOUNTAIN INC
  10. COSTCO WHOLESALE CORP
Total number of holdings 98
Top ten holdings aggregate 31.5%
  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%
  1. APPLE INC
  2. NVIDIA CORP
  3. MICROSOFT CORP
  4. WELLTOWER INC
  5. BERKSHIRE HATHAWAY INC CL B
  6. JONES LANG LASALLE INC
  7. IRON MOUNTAIN INC
  8. JPMORGAN CHASE & CO
  9. COSTCO WHOLESALE CORP
  10. WALMART INC
Total number of holdings 99
Top ten holdings aggregate 31.5%
  1. CONSTELLATION ENERGY CORP
  2. NVIDIA CORP
  3. APPLE INC
  4. NRG ENERGY INC
  5. MICROSOFT CORP
  6. AMAZON.COM INC
  7. BERKSHIRE HATHAWAY INC CL B
  8. WALMART INC
  9. COSTCO WHOLESALE CORP
  10. JPMORGAN CHASE & CO
Total number of holdings 96
Top ten holdings aggregate 36.6%
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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 June 30, 2024, Geode manages over $1.3 trillion.