FCMO
  • NAV $17.15 20-Nov-2024
  • $0.04 / 0.24% Daily NAV change
  • 55.09% YTD return
  • MARKET PRICE 20-Nov-2024
  • $17.15   
  • Inception 05-Jun-2020
  • Net assets $421.9M
    20-Nov-2024
  • Units outstanding 24,600,000
    20-Nov-2024
  • Management fee 0.35%
  • MER * 0.37%
    31-Mar-2024
  • Investment program DRIP
  • Distributions
  • Benchmark Fidelity Canada U.S. Momentum Index
  • Index provider Fidelity Product Services LLC
  • Rebalance frequency Quarterly
  • Exchange Cboe CA
  • CUSIP 31649P106
  • Morningstar category U.S. Equity
  • Also available through ETF US$
  • 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-Oct-2024

YTD 2024 2023 2022 2021
ETF (NAV) 45.77 14.87 -13.26 16.30
ETF (Market price) 46.06 14.81 -13.28 16.29

Standard period returns (%) 31-Oct-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception†
ETF (NAV) 3.94 9.43 22.99 58.69 13.77 16.36
ETF (Market price) 4.06 9.50 22.83 58.84 13.82 16.28

Risk measures (%) 31-Oct-2024

Fund
Annualized standard deviation 15.77
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-Oct-2024

Sector mix (%)

31-Oct-2024
12 months ago Last month Current month
Information Technology 33.0 22.5 22.3
Financials 19.9 18.3 18.8
Consumer Disc. 4.1 15.4 15.8
Industrials 14.9 15.9 15.4
Consumer Staples 11.7 11.3 11.1
Utilities - 10.0 9.9
Health Care 6.4 4.9 4.7
Communication Services 1.4 1.8 1.8
Multi Sector 0.1 - 0.2
Materials 8.5 - -
Energy - - -
Real Estate - - -

Top ten holdings

  1. NVIDIA CORP
  2. APPLE INC
  3. MICROSOFT CORP
  4. WELLTOWER INC
  5. BERKSHIRE HATHAWAY INC CL B
  6. IRON MOUNTAIN INC
  7. JONES LANG LASALLE INC
  8. JPMORGAN CHASE & CO
  9. COSTCO WHOLESALE CORP
  10. PROCTER & GAMBLE CO
Total number of holdings 101
Top ten holdings aggregate 31.4%
  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%
  1. CONSTELLATION ENERGY CORP
  2. APPLE INC
  3. MICROSOFT CORP
  4. NRG ENERGY INC
  5. NVIDIA CORP
  6. AMAZON.COM INC
  7. BERKSHIRE HATHAWAY INC CL B
  8. WALMART INC
  9. COSTCO WHOLESALE CORP
  10. PROCTER & GAMBLE CO
Total number of holdings 96
Top ten holdings aggregate 37.0%
  1. APPLE INC
  2. MICROSOFT CORP
  3. NVIDIA CORP
  4. NRG ENERGY INC
  5. CONSTELLATION ENERGY CORP
  6. AMAZON.COM INC
  7. BERKSHIRE HATHAWAY INC CL B
  8. COSTCO WHOLESALE CORP
  9. JPMORGAN CHASE & CO
  10. PROCTER & GAMBLE CO
Total number of holdings 98
Top ten holdings aggregate 36.4%
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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.