FDMO vs KORP

Comparison between FIDELITY MOMENTUM FACTOR ETF (FDMO, ETF) and AMERICAN CENTURY DIVERSIFIED CORPORATE BOND ETF (KORP, ETF).

5-Year PerformanceFDMO has outperformed KORP, delivering a return of +14.6% compared to +1.4%

FDMO vs KORP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDMO(ETF)	KORP(ETF)
Net Assets	$904M	$896M
Expense Ratio	0.15%	0.29%
Max Drawdown	34.17%	18.11%
Sharpe Ratio	0.94	-0.31
5Y Beta	1.19	0.12
P/E Ratio	28.25	N/A
Forward P/E	20.31	N/A
PEG Ratio	0.18	N/A
5Y Dividends CAGR	12.96%	8.04%
5Y EPS CAGR	28.63%	N/A
Debt to Equity	23.77%	N/A
P/S Ratio	4.36	N/A
P/B Ratio	5.88	N/A

Net Assets

Winner

FDMO

$904M

KORP

$896M

Expense Ratio

Winner

FDMO

0.15%

KORP

0.29%

Max Drawdown

FDMO

34.17%

Winner

KORP

18.11%

Sharpe Ratio

Winner

FDMO

0.94

KORP

-0.31

5Y Beta

FDMO

1.19

Winner

KORP

0.12

P/E Ratio

FDMO

28.25

KORP

N/A

Forward P/E

FDMO

20.31

KORP

N/A

PEG Ratio

FDMO

0.18

KORP

N/A

5Y Dividends CAGR

Winner

FDMO

12.96%

KORP

8.04%

5Y EPS CAGR

FDMO

28.63%

KORP

N/A

Debt to Equity

FDMO

23.77%

KORP

N/A

P/S Ratio

FDMO

4.36

KORP

N/A

P/B Ratio

FDMO

5.88

KORP

N/A

FDMO vs KORP - Historical Returns

Returns include dividend reinvestment.

Period	FDMO	KORP
1 month	-0.36%	-0.20%
3 months	+1.06%	-0.10%
6 months	+11.82%	-1.81%
1 year	+22.63%	+2.70%
5 years(CAGR)	+14.63%	+1.42%
10 years(CAGR)	+15.39%	+2.66%
Max(CAGR)	+15.39%	+2.66%

FDMO

-0.36%

Winner

KORP

-0.20%

Winner

FDMO

+1.06%

KORP

-0.10%

Winner

FDMO

+11.82%

KORP

-1.81%

Winner

FDMO

+22.63%

KORP

+2.70%

5Y(CAGR)

Winner

FDMO

+14.63%

KORP

+1.42%

10Y(CAGR)

Winner

FDMO

+15.39%

KORP

+2.66%

Max(CAGR)

Winner

FDMO

+15.39%

KORP

+2.66%

FDMO vs KORP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FDMO	KORP
2026	+12.41%	-0.08%
2025	+21.00%	+8.12%
2024	+34.43%	+4.19%
2023	+25.71%	+7.11%
2022	-19.61%	-9.75%
2021	+23.81%	-0.45%
2020	+20.80%	+6.82%
2019	+25.42%	+10.11%
2018	-4.72%	-1.21%
2017	+23.58%	N/A
2016	+1.88%	N/A

FDMO vs KORP Drawdown Comparison

The maximum drawdown for FDMO was -33.93%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for KORP was -14.90%, occurring on Oct 20, 2022. Recovery took 754 trading sessions.

The current FDMO drawdown is -3.96%. The current KORP drawdown is -1.89%.

Rank	FDMO	KORP
#1	-33.93% Feb 19, 2020 - Aug 3, 2020	-14.90% Aug 3, 2021 - Aug 2, 2024
#2	-25.44% Nov 8, 2021 - Dec 27, 2023	-12.70% Mar 4, 2020 - Jun 19, 2020
#3	-21.88% Feb 18, 2025 - Jun 24, 2025	-5.04% Oct 1, 2024 - Jun 24, 2025
#4	-21.72% Oct 1, 2018 - Jun 10, 2019	-3.22% Feb 26, 2026 - Mar 27, 2026
#5	-12.22% Jan 28, 2026 - Apr 17, 2026	-2.47% Dec 31, 2020 - Jul 2, 2021
#6	-12.15% Feb 12, 2021 - Apr 26, 2021	-2.11% Jan 16, 2018 - Jan 28, 2019
#7	-10.43% Jan 26, 2018 - Jun 4, 2018	-1.44% Oct 28, 2025 - Jan 14, 2026
#8	-10.22% Jul 16, 2024 - Sep 19, 2024	-1.42% Sep 4, 2019 - Oct 3, 2019
#9	-9.90% Sep 2, 2020 - Oct 12, 2020	-1.15% Jul 1, 2025 - Jul 29, 2025
#10	-9.53% Jun 30, 2026 - Jul 29, 2026	-1.02% Aug 2, 2024 - Aug 13, 2024
#11	-8.92% Oct 13, 2020 - Nov 30, 2020	-0.92% Aug 7, 2020 - Nov 4, 2020
#12	-7.65% Apr 27, 2021 - Jun 25, 2021	-0.86% Jan 14, 2026 - Feb 5, 2026
#13	-7.34% Oct 29, 2025 - Jan 5, 2026	-0.84% Sep 15, 2025 - Oct 14, 2025
#14	-6.89% Mar 21, 2024 - May 9, 2024	-0.77% Oct 4, 2019 - Dec 3, 2019
#15	-6.70% Jul 15, 2019 - Dec 20, 2019	-0.55% Aug 13, 2025 - Aug 22, 2025

Correlation

Correlation between FDMO and KORP is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2016 - 2026)

FDMO vs KORP dividend yield comparison.

Year	FDMO	KORP
2026	0.29%	3.02%
2025	0.61%	4.98%
2024	0.90%	5.08%
2023	0.87%	4.42%
2022	1.19%	2.89%
2021	0.60%	1.86%
2020	0.77%	3.22%
2019	1.23%	3.20%
2018	1.22%	2.97%
2017	1.09%	0.00%
2016	0.45%	0.00%