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FMWQDX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    10.4625$
  • Previous Close
    10.4625$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FMWQDX.US represents the Fidelity Momentum Factor ETF. This exchange-traded fund (ETF) seeks to provide investment results that correspond to the performance of the Fidelity Momentum Factor Index. The index is designed to reflect the performance of stocks of large- and mid-capitalization U.S. companies exhibiting positive momentum signals, which are indicators of a stock's price trend over a specific period. The ETF primarily invests in U.S. equities that have demonstrated upward price movement, aiming to capture the potential benefits of momentum investing strategies.
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Factors

Expense Ratio: Higher expense ratios directly reduce returns, lowering the fund's price.

Market Performance: The overall performance of the underlying securities significantly impacts the fund's price.

Investor Demand: Increased demand can drive the price up, while selling pressure can lower it.

Fund Holdings: The specific assets held and their individual performance influence the fund's value.

Management Strategy: The effectiveness of the fund manager's investment decisions affects returns and price.

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