FDMO vs VYM
FDMO vs VYM
Fidelity Momentum Factor ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | FDMO | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.04% | |
| AUM | $957M | $79.0B | |
| Dividend Yield | 0.58% | 2.86% | |
| Holdings | 130 | 568 | |
| YTD Return | +13.70% | +15.80% | |
| 1Y Return | +22.99% | +26.12% | |
| 3Y Return (annualized) | +26.27% | +18.25% | |
| 5Y Return (annualized) | +14.52% | +12.51% | |
| Volatility (annualized) | 16.5% | 14.6% | |
| Max Drawdown | -34.2% | -58.8% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 12, 2016 | Nov 10, 2006 |
FDMO vs VYM Performance
Fidelity Momentum Factor ETF (FDMO) is a ETF from Fidelity Investments (US) and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year FDMO returned +22.99% while VYM returned +26.12%. Year to date, FDMO is up 13.70% versus a gain of 15.80% for VYM.
Over three years, FDMO compounded at +26.27% per year against +18.25% for VYM; over five years the annualized figures are +14.52% and +12.51% respectively. Across the full 10-year window we track, FDMO has the edge at +15.00% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDMO has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.2% for FDMO and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDMO charges 0.15% per year while VYM charges 0.04%. On a $10,000 position that is $15 vs $4 annually, a gap of $11 per year that compounds over a long holding period. On income, FDMO currently yields 0.58% against 2.86% for VYM.
Holdings Overlap
FDMO and VYM share 35 holdings out of 648 unique holdings combined, representing a 20.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDMO | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 3.49% | 6.47% | 2.98% |
| JPM:US | 1.59% | 3.36% | 1.77% |
| JNJ | 1.35% | 2.62% | 1.27% |
| XOM | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| BAC | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| GS | Pro | Pro | Pro |
See all 10 holdings FDMO shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FDMO or VYM?
FDMO has an expense ratio of 0.15% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, FDMO or VYM?
Over the past year FDMO returned +22.99% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), FDMO annualized +15.00% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, FDMO or VYM?
FDMO has been the more volatile fund at 16.5% annualized versus 14.6% for VYM. Worst drawdown: FDMO -34.2% vs VYM -58.8%.
Should I hold both FDMO and VYM?
FDMO and VYM have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDMO and VYM?
FDMO and VYM share 35 common holdings with a 20.8% weight overlap. Combined, they hold 648 unique securities.
Which pays a higher dividend, FDMO or VYM?
FDMO yields 0.58% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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