Fidelity Enhanced Small Cap ETF (FESM)
The ETF invests primarily in small-cap stocks included in the Russell 2000® Index, using quantitative analysis to select a diversified group of stocks aiming for higher total returns than the index. It includes domestic and foreign issuers in its investment strategy.
ETF Info
Dec 20, 2007
1x
No Index (Active)
Small-Cap
Blend
Expense Ratio
FESM features an expense ratio of 0.28%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Enhanced Small Cap ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Enhanced Small Cap ETF had a return of 5.29% year-to-date (YTD) and 24.04% in the last 12 months.
FESM
5.29%
4.35%
8.10%
24.04%
N/A
N/A
^GSPC (Benchmark)
2.85%
2.00%
8.88%
24.72%
12.77%
11.45%
Monthly Returns
The table below presents the monthly returns of FESM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.14% | 6.15% | 3.02% | -6.89% | 4.72% | -0.52% | 10.34% | -0.35% | 0.80% | -1.13% | 12.17% | -8.89% | 16.22% |
| 2023 | -0.55% | 12.81% | 12.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FESM is 58, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Enhanced Small Cap ETF (FESM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Enhanced Small Cap ETF provided a 1.03% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $0.35 | $0.35 | $0.02 |
Dividend yield | 1.03% | 1.08% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Enhanced Small Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.35 |
| 2023 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Enhanced Small Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Enhanced Small Cap ETF was 10.56%, occurring on Jan 10, 2025. The portfolio has not yet recovered.
The current Fidelity Enhanced Small Cap ETF drawdown is 4.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.56% | Dec 3, 2024 | 26 | Jan 10, 2025 | — | — | — |
| -9.6% | Aug 1, 2024 | 3 | Aug 5, 2024 | 32 | Sep 19, 2024 | 35 |
| -8.39% | Apr 1, 2024 | 15 | Apr 19, 2024 | 56 | Jul 11, 2024 | 71 |
| -6.28% | Dec 28, 2023 | 13 | Jan 17, 2024 | 18 | Feb 12, 2024 | 31 |
| -5.09% | Nov 12, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
Volatility
Volatility Chart
The current Fidelity Enhanced Small Cap ETF volatility is 6.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.