FMNA vs. FXM ETF Comparison
Comparison of Fidelity Market Neutral Alternative ETF (FMNA) to First Asset Morningstar Canada Value Index ETF (FXM)
FMNA
Fidelity Market Neutral Alternative ETF
FMNA Description
Grade (RS Rating)
Last Trade
$10.15
Average Daily Volume
9,641
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
FXM
First Asset Morningstar Canada Value Index ETF
FXM Description
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar® Canada Target Value Index™ , net of expenses. The ETF invests in equity securities of the largest and most liquid Canadian issuers based on proprietary research generated by Morningstar, and is designed to provide diversified exposure to Canadian issuers which are considered to be “good value” based on characteristics like low price to earnings and low price to cash flow ratios.Grade (RS Rating)
Last Trade
$25.26
Average Daily Volume
2,122
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
Performance
Period | FMNA | FXM |
---|---|---|
30 Days | -2.12% | 1.08% |
60 Days | -1.36% | 5.34% |
90 Days | -2.59% | 9.21% |
12 Months | 24.63% |
1 Overlapping Holdings
Symbol | Grade | Weight in FMNA | Weight in FXM | Overlap | |
---|---|---|---|---|---|
FTT | D | 260.68% | 3.69% | 3.69% |
FMNA Overweight 1 Positions Relative to FXM
Symbol | Grade | Weight | |
---|---|---|---|
L | B | 276.27% |
FMNA: Top Represented Industries & Keywords
Industries:
Grocery Stores
Industrial Distribution
FXM: Top Represented Industries & Keywords