Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
FDMOvsAAEQETF Comparison
Fidelity Momentum Factor ETF (FDMO) belongs to the US Multi-Factor segment. Alpha Architect US Equity 2 ETF (AAEQ) is part of the US All Cap segment. FDMO's top 3 sector exposures are Information Technology, Consumer Discretionary and Financials. In contrast, AAEQ's top sector exposures are Information Technology, Financials and Consumer Discretionary. Both FDMO and AAEQ have the same Total Expense Ratio (TER) of 0.15%. FDMO is down -1.03% year-to-date (YTD) with +$77M in YTD flows. AAEQ performs worse with -2.04% YTD performance, and -$7M in YTD flows. Run a side-by-side ETF comparison of FDMO and AAEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FDMO vs AAEQ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDMO AAEQ | -2.42%-1.96% | -2.60%-4.09% | -1.03%-2.04% | +30.79%n/a | +100.57%n/a | +90.90%n/a |
| Flows | FDMO AAEQ | +$34M-$5M | +$98M-$6M | +$77M-$7M | +$32M- | +$390M- | +$386M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDMO AAEQ | +18.14%+12.62% | +22.15%n/a | +18.00%n/a | +19.04%n/a |
| Max drawdown | FDMO AAEQ | -7.24%-4.55% | -14.84%n/a | -21.79%n/a | -25.37%n/a |
| Max drawdown duration | FDMO AAEQ | 42d90d | 45dn/a | 125dn/a | 778dn/a |
FDMO | AAEQ | |
Last sale 3/12/2026 at 1:30 PM | $81.49 | $47.63 |
| Previous close 03/11/2026 | $83.06 | $48.31 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FDMO | AAEQ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FDMO | AAEQ | |
|---|---|---|
| Last price | $81.49 | $47.63 |
| 1D performance | -1.89% | -1.41% |
| AuM | $676.95 M | $457.72 M |
| E/R | 0.15% | 0.15% |
FDMO | AAEQ | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Fidelity | Alpha Architect |
| Benchmark | Fidelity U.S. Momentum Factor Index | - |
| N° of holdings | 115 | 401 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 12, 2016 | December 10, 2025 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FDMO and AAEQ ETFs performed in 2026?
As of March 11, 2026, FDMO is down -1.03% year-to-date (YTD), while AAEQ has lost -2.04%. That puts FDMO better performer ahead so far this year.
Which ETF is attracting more investor money: FDMO or AAEQ?
Year-to-date, the FDMO ETF saw +$77M in flows, compared to -$7M for AAEQ.
Which ETF is bigger: FDMO or AAEQ?
As of March 11, 2026, FDMO holds $676.95 M in assets under management (AUM), while AAEQ manages $457.72 M.
What sectors do the FDMO and AAEQ ETFs invest in?
FDMO leans toward sectors like Information Technology, Consumer Discretionary and Financials. Meanwhile, AAEQ focuses on Information Technology, Financials and Consumer Discretionary.
What are the top holdings of the FDMO ETF and AAEQ ETF?
FDMO top holdings include NVIDIA, MICROSOFT-T and ALPHABET INC-CL. AAEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: FDMO or AAEQ?
FDMO holds 123 securities with 46.14% of its assets in the top 15. AAEQ has 428 securities and a top 15 weight of 43.51%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
