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RVERvsFDMOETF Comparison

ETF 1

RVER

Trenchless Fund ETF

This fund is part of

US Multi-Factor

+1.99%

Full RVER fund page

VS

ETF 2

FDMO

Fidelity Momentum Factor ETF

This fund is part of

US Multi-Factor

+1.99%

Full FDMO fund page

Trenchless Fund ETF (RVER) and Fidelity Momentum Factor ETF (FDMO) belong to the same industry segment: US Multi-Factor. RVER's top 3 sector exposures are Information Technology, Industrials and Financials. In contrast, FDMO's top sector exposures are Information Technology, Financials and Consumer Discretionary. RVER is more expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.15% for FDMO. RVER is down -11.18% year-to-date (YTD) with +$20M in YTD flows. FDMO performs better with -4.48% YTD performance, and +$141M in YTD flows. Run a side-by-side ETF comparison of RVER and FDMO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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RVER vs FDMO performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 03/31/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	RVER FDMO	-6.38%-3.32%	-11.18%-4.48%	-11.18%-4.48%	+5.22%+23.57%	n/a+83.46%	n/a+86.19%
Flows	RVER FDMO	-$1M+$81M	+$20M+$141M	+$20M+$141M	+$45M+$142M	-+$454M	-+$451M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	RVER FDMO	+27.57%+20.79%	+27.47%+22.28%	n/a+18.27%	n/a+19.15%
Max drawdown	RVER FDMO	-21.10%-12.20%	-21.55%-12.52%	n/a-21.79%	n/a-25.37%
Max drawdown duration	RVER FDMO	78d62d	174d28d	n/a125d	n/a778d

Trading data

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	RVER	FDMO
Last sale 3/31/2026 at 7:55 PM	$27.42	$81.25
Previous close 03/31/2026	$26.34	$80.10
Consolidated volume 03/31/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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RVER

is actively managed and doesn’t replicate an index

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	RVER	FDMO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 3/31/2026 at 7:55 PM

Live

Closed

	RVER	FDMO
Last price	$27.42	$81.25
1D performance	+4.11%	+1.44%
AuM	$112.65 M	$716.39 M
E/R	0.66%	0.15%

Characteristics

	RVER	FDMO
Management strategy	Active	Passive
Provider	R1VER Asset Management	Fidelity
Benchmark	-	Fidelity U.S. Momentum Factor Index
N° of holdings	20	117
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	April 3, 2024	September 12, 2016
ESG	No	No

More RVER data on Trackinsight

More FDMO data on Trackinsight

Exposure

Countries

RVER

USA

99.31%

Other

0.69%

FDMO

USA

97.06%

Other

2.94%

Sectors

RVER

Information Techn.

40.11%

Industrials

13.15%

Financials

10.8%

Communication Ser.

9.55%

Consumer Discreti.

7.75%

Health Care

7.69%

Other

10.95%

FDMO

Information Techn.

31.22%

Financials

12.3%

Consumer Discreti.

10.38%

Health Care

9.64%

Communication Ser.

9.56%

Industrials

9.34%

Other

17.56%

Diversification

RVER

Total weight of top 15 holdings out of 15

83.3%

FDMO

Total weight of top 15 holdings out of 15

46.77%

Top 15 holdings

Data as of February 28, 2026

RVER

META PLATFORMS

9.55%

AMAZON.COM INC

7.75%

IMMUNITYBIO

7.69%

SERVICENOW

7.50%

ROCKET COMPANIES

7.21%

UNITED RENTALS

6.01%

GENERAC HOLDINGS

5.68%

MICROSOFT-T

5.27%

PALO ALTO NETWORKS

4.54%

US60741F1049

4.29%

CLEANSPARK INC

4.05%

BROADCOM LIMITED

3.60%

SOFI TECHNOLOGIES INC

3.59%

NVIDIA

3.47%

SNOWFLAKE INC

3.10%

FDMO

NVIDIA

7.86%

APPLE

6.72%

ALPHABET INC-CL

5.32%

MICROSOFT-T

5.08%

AMAZON.COM INC

3.49%

BROADCOM LIMITED

3.01%

META PLATFORMS

2.53%

TESLA

2.21%

LILLY

1.85%

BERKSHIRE HATHWAY

1.80%

JPMORGAN CHASE

1.68%

JOHNSON&JOHNSON

1.56%

MICRON TECHNOLOGY

1.37%

US5128073062

1.16%

EXXON

1.13%

Frequently asked questions about RVER and FDMO

How have the RVER and FDMO ETFs performed in 2026?

As of March 31, 2026, RVER is down -11.18% year-to-date (YTD), while FDMO has lost -4.48%. That puts FDMO better performer ahead so far this year.

Which ETF is attracting more investor money: RVER or FDMO?

Year-to-date, the RVER ETF saw +$20M in flows, compared to +$141M for FDMO.

Which ETF is more volatile: RVER or FDMO?

Over the past year, RVER had a volatility of 27.47%, while FDMO experienced 22.28%.

Which ETF is bigger: RVER or FDMO?

As of March 31, 2026, RVER holds $112.65 M in assets under management (AUM), while FDMO manages $716.39 M.

What sectors do the RVER and FDMO ETFs invest in?

RVER leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, FDMO focuses on Information Technology, Financials and Consumer Discretionary.

RVERvsFDMOETF Comparison

Trenchless Fund ETF

Fidelity Momentum Factor ETF

RVER vs FDMO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the RVER and FDMO ETFs performed in 2026?

As of March 31, 2026, RVER is down -11.18% year-to-date (YTD), while FDMO has lost -4.48%. That puts FDMO better performer ahead so far this year.

Which ETF is attracting more investor money: RVER or FDMO?

Year-to-date, the RVER ETF saw +$20M in flows, compared to +$141M for FDMO.

Which ETF is more volatile: RVER or FDMO?

Over the past year, RVER had a volatility of 27.47%, while FDMO experienced 22.28%.

Which ETF is bigger: RVER or FDMO?

As of March 31, 2026, RVER holds $112.65 M in assets under management (AUM), while FDMO manages $716.39 M.

What sectors do the RVER and FDMO ETFs invest in?

RVER leans toward sectors like Information Technology, Industrials and Financials. Meanwhile, FDMO focuses on Information Technology, Financials and Consumer Discretionary.

What are the top holdings of the RVER ETF and FDMO ETF?

RVER top holdings include META PLATFORMS, AMAZON.COM INC and IMMUNITYBIO. FDMO holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: RVER or FDMO?

RVER holds 21 securities with 83.3% of its assets in the top 15. FDMO has 123 securities and a top 15 weight of 46.77%.

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