Fidelity Fundamental Small-Mid Cap ETF (FFSM)
The ETF is actively managed and focuses on securities of small to medium market capitalization companies, both domestic and foreign.
ETF Info
Feb 2, 2021
1x
No Index (Active)
Mid-Cap
Blend
Expense Ratio
FFSM has an expense ratio of 0.43%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Fidelity Fundamental Small-Mid Cap ETF (FFSM) returned -2.25% year-to-date (YTD) and 3.89% over the past 12 months.
FFSM
-2.25%
6.22%
-9.93%
3.89%
7.72%
N/A
N/A
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of FFSM, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.06% | -4.99% | -5.76% | -2.38% | 6.45% | -2.25% | |||||||
| 2024 | -0.90% | 6.56% | 5.12% | -5.84% | 4.66% | -2.27% | 7.19% | 0.40% | 1.25% | -1.93% | 9.14% | -8.27% | 14.38% |
| 2023 | 9.21% | -1.41% | -3.95% | -1.33% | -3.62% | 9.06% | 4.43% | -2.08% | -4.96% | -5.45% | 8.98% | 9.22% | 17.31% |
| 2022 | -6.93% | -0.19% | 0.58% | -7.95% | 1.11% | -10.95% | 11.11% | -3.04% | -9.47% | 10.45% | 5.25% | -4.70% | -16.35% |
| 2021 | 3.84% | 3.22% | 4.22% | 0.29% | -0.74% | 0.66% | 3.85% | -2.97% | 5.02% | -3.66% | 4.94% | 19.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFSM is 20, meaning it’s performing worse than 80% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Fundamental Small-Mid Cap ETF (FFSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Fidelity Fundamental Small-Mid Cap ETF provided a 0.68% dividend yield over the last twelve months, with an annual payout of $0.18 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.18 | $0.17 | $0.13 | $0.12 | $0.09 |
Dividend yield | 0.68% | 0.62% | 0.56% | 0.58% | 0.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Fundamental Small-Mid 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 | $0.05 | $0.00 | $0.00 | $0.05 | |||||||
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.17 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.12 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.09 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Fundamental Small-Mid 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 Fundamental Small-Mid Cap ETF was 26.65%, occurring on Sep 26, 2022. Recovery took 354 trading sessions.
The current Fidelity Fundamental Small-Mid Cap ETF drawdown is 10.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.65% | Nov 10, 2021 | 220 | Sep 26, 2022 | 354 | Feb 23, 2024 | 574 |
| -24.78% | Nov 26, 2024 | 90 | Apr 8, 2025 | — | — | — |
| -8.36% | Aug 1, 2024 | 5 | Aug 7, 2024 | 12 | Aug 23, 2024 | 17 |
| -7.4% | Apr 1, 2024 | 14 | Apr 18, 2024 | 59 | Jul 15, 2024 | 73 |
| -6.69% | May 10, 2021 | 49 | Jul 19, 2021 | 14 | Aug 6, 2021 | 63 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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