FDMO vs NRK
Comparison between FIDELITY MOMENTUM FACTOR ETF (FDMO, ETF) and Nuveen New York AMT-Free Quality Municipal Income Fund (NRK, ETF).
5-Year PerformanceFDMO has outperformed NRK, delivering a return of +15.0% compared to +0.0%
FDMO vs NRK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FDMO vs NRK - Historical Returns
Returns include dividend reinvestment.
FDMO vs NRK - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | FDMO | NRK |
|---|---|---|
| 2026 | +12.81% | +8.71% |
| 2025 | +21.00% | +4.13% |
| 2024 | +34.43% | +5.74% |
| 2023 | +25.71% | +6.59% |
| 2022 | -19.61% | -21.42% |
| 2021 | +23.81% | +6.56% |
| 2020 | +20.80% | +3.94% |
| 2019 | +25.42% | +19.69% |
| 2018 | -4.72% | -6.11% |
| 2017 | +23.58% | +6.33% |
| 2016 | +1.88% | +3.57% |
| 2015 | N/A | +6.96% |
| 2014 | N/A | +11.31% |
| 2013 | N/A | -15.66% |
| 2012 | N/A | +11.87% |
| 2011 | N/A | +11.65% |
| 2010 | N/A | +3.48% |
| 2009 | N/A | +36.66% |
| 2008 | N/A | -20.43% |
| 2007 | N/A | -0.73% |
| 2006 | N/A | +11.71% |
| 2005 | N/A | +7.22% |
| 2004 | N/A | -5.53% |
| 2003 | N/A | +10.32% |
FDMO vs NRK Drawdown Comparison
The maximum drawdown for FDMO was -33.93%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.
The maximum drawdown for NRK was -40.13%, occurring on Oct 10, 2008. Recovery took 397 trading sessions.
The current FDMO drawdown is -3.61%. The current NRK drawdown is -2.10%.
| Rank | FDMO | NRK |
|---|---|---|
| #1 | -33.93% Feb 19, 2020 - Aug 3, 2020 | -40.13% Jan 14, 2008 - Aug 11, 2009 |
| #2 | -25.44% Nov 8, 2021 - Dec 27, 2023 | -31.05% Aug 10, 2021 - Jul 1, 2026 |
| #3 | -21.88% Feb 18, 2025 - Jun 24, 2025 | -24.00% Nov 23, 2012 - Feb 11, 2016 |
| #4 | -21.72% Oct 1, 2018 - Jun 10, 2019 | -23.09% Feb 24, 2020 - Dec 30, 2020 |
| #5 | -12.22% Jan 28, 2026 - Apr 17, 2026 | -21.71% Mar 10, 2004 - Jul 18, 2005 |
| #6 | -12.15% Feb 12, 2021 - Apr 26, 2021 | -15.65% Sep 14, 2010 - Jan 18, 2012 |
| #7 | -10.43% Jan 26, 2018 - Jun 4, 2018 | -13.07% Aug 12, 2016 - May 1, 2019 |
| #8 | -10.22% Jul 16, 2024 - Sep 19, 2024 | -12.56% Jul 14, 2003 - Dec 31, 2003 |
| #9 | -9.90% Sep 2, 2020 - Oct 12, 2020 | -11.79% Jul 25, 2005 - Sep 27, 2006 |
| #10 | -8.92% Oct 13, 2020 - Nov 30, 2020 | -11.55% Mar 30, 2007 - Jan 14, 2008 |
| #11 | -7.65% Apr 27, 2021 - Jun 25, 2021 | -7.62% Mar 13, 2012 - Jul 2, 2012 |
| #12 | -7.34% Oct 29, 2025 - Jan 5, 2026 | -7.50% Oct 7, 2009 - Mar 3, 2010 |
| #13 | -6.89% Mar 21, 2024 - May 9, 2024 | -4.24% Feb 4, 2003 - Feb 27, 2003 |
| #14 | -6.70% Jul 15, 2019 - Dec 20, 2019 | -4.21% Sep 3, 2019 - Dec 23, 2019 |
| #15 | -6.02% Jun 30, 2026 - Jul 20, 2026 | -3.80% Dec 12, 2006 - Feb 6, 2007 |
Correlation
Correlation between FDMO and NRK is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2003 - 2026)
FDMO vs NRK dividend yield comparison.
| Year | FDMO | NRK |
|---|---|---|
| 2026 | 0.29% | 4.54% |
| 2025 | 0.61% | 8.21% |
| 2024 | 0.90% | 6.74% |
| 2023 | 0.87% | 4.06% |
| 2022 | 1.19% | 5.41% |
| 2021 | 0.60% | 4.18% |
| 2020 | 0.77% | 4.15% |
| 2019 | 1.23% | 3.98% |
| 2018 | 1.22% | 4.68% |
| 2017 | 1.09% | 4.85% |
| 2016 | 0.45% | 5.37% |
| 2015 | 0.00% | 5.44% |
| 2014 | 0.00% | 6.27% |
| 2013 | 0.00% | 5.86% |
| 2012 | 0.00% | 4.40% |
| 2011 | 0.00% | 4.80% |
| 2010 | 0.00% | 5.60% |
| 2009 | 0.00% | 4.98% |
| 2008 | 0.00% | 6.39% |
| 2007 | 0.00% | 4.84% |
| 2006 | 0.00% | 4.77% |
| 2005 | 0.00% | 5.73% |
| 2004 | 0.00% | 6.52% |
| 2003 | 0.00% | 5.34% |
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