Fidelity Momentum Ownership
| FDMO Etf | USD 73.04 0.00 0.00% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Fidelity |
Fidelity Etf Ownership Analysis
Fidelity Momentum is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Fidelity Service Company, Inc.. The fund has 131 constituents with avarage daily trading value of 35.6 K. The fund charges 0.15 percent management fee with a total expences of 0.15 percent of total asset. The fund created five year return of 16.0%. Fidelity Momentum Factor retains 99.85% of assets under management (AUM) in equities. This fund last dividend was 0.099 per share. The fund normally invests at least 80 percent of assets in securities included in the Fidelity U.S. Fidelity Momentum is traded on NYSEARCA Exchange in the United States. To learn more about Fidelity Momentum Factor call the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Momentum , and the less return is expected.
Investment Allocations (%)
Top Etf Constituents
| ARWR | Arrowhead Pharmaceuticals | Stock | |
| JPM | JPMorgan Chase Co | Stock | |
| XOM | Exxon Mobil Corp | Stock | |
| VZ | Verizon Communications | Stock | |
| V | Visa Class A | Stock | |
| UNH | UnitedHealth Group Incorporated | Stock | |
| TSLA | Tesla Inc | Stock | |
| TMO | Thermo Fisher Scientific | Stock | |
| PYPL | PayPal Holdings | Stock | |
| PG | Procter Gamble | Stock | |
| PFE | Pfizer Inc | Stock | |
| NVDA | NVIDIA | Stock | |
| MSFT | Microsoft | Stock | |
| MRNA | Moderna | Stock | |
| MRK | Merck Company | Stock | |
| MA | Mastercard | Stock | |
| AAPL | Apple Inc | Stock | |
| JNJ | Johnson Johnson | Stock | |
| INTC | Intel | Stock | |
| GOOGL | Alphabet Inc Class A | Stock | |
| C | Citigroup | Stock | |
| BAC | Bank of America | Stock | |
| AMZN | Amazon Inc | Stock | |
| ADBE | Adobe Systems Incorporated | Stock | |
| ABT | Abbott Laboratories | Stock | |
| CSCO | Cisco Systems | Stock | |
| ABBV | AbbVie Inc | Stock |
Institutional Etf Holders for Fidelity Momentum
| NFDIX | Newfound Risk Managed | Mutual Fund |
Fidelity Momentum Outstanding Bonds
Fidelity Momentum issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fidelity Momentum Factor uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fidelity bonds can be classified according to their maturity, which is the date when Fidelity Momentum Factor has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Fidelity Momentum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity Momentum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity Momentum will appreciate offsetting losses from the drop in the long position's value.Moving together with Fidelity Etf
| 0.97 | VUG | Vanguard Growth Index | PairCorr |
| 0.97 | IWF | iShares Russell 1000 | PairCorr |
| 0.97 | IVW | iShares SP 500 | PairCorr |
| 0.97 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.97 | IUSG | iShares Core SP | PairCorr |
Moving against Fidelity Etf
The ability to find closely correlated positions to Fidelity Momentum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity Momentum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity Momentum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity Momentum Factor to buy it.
The correlation of Fidelity Momentum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity Momentum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity Momentum Factor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity Momentum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Momentum Factor. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Fidelity Momentum Factor is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Momentum's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Momentum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Momentum's market value can be influenced by many factors that don't directly affect Fidelity Momentum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Momentum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Momentum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Momentum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.