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
| Issuer | Fidelity |
|---|---|
| Inception Date | Feb 2, 2021 |
| Category | Mid Cap Blend Equities |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Fidelity Fundamental Small-Mid Cap ETF has a high expense ratio of 0.43%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FFSM vs. FNILX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Fundamental Small-Mid 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 Fundamental Small-Mid Cap ETF had a return of 5.91% year-to-date (YTD) and 23.45% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.91% | 6.92% |
| 1 month | -4.23% | -2.83% |
| 6 months | 28.07% | 23.86% |
| 1 year | 23.45% | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.90% | 6.56% | 5.12% | |||||||||
| 2023 | -4.96% | -5.45% | 8.98% | 9.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Fidelity Fundamental Small-Mid Cap ETF(FFSM)
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.
Dividends
Dividend History
Fidelity Fundamental Small-Mid Cap ETF granted a 0.52% dividend yield in the last twelve months. The annual payout for that period amounted to $0.13 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.12 | $0.09 |
Dividend yield | 0.52% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | |||||||||
| 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 |
| 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 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 4.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.65% | Nov 10, 2021 | 220 | Sep 26, 2022 | 354 | Feb 23, 2024 | 574 |
| -7.4% | Apr 1, 2024 | 14 | Apr 18, 2024 | — | — | — |
| -6.69% | May 10, 2021 | 49 | Jul 19, 2021 | 14 | Aug 6, 2021 | 63 |
| -6.16% | Mar 16, 2021 | 7 | Mar 24, 2021 | 11 | Apr 9, 2021 | 18 |
| -4.52% | Feb 25, 2021 | 6 | Mar 4, 2021 | 4 | Mar 10, 2021 | 10 |
Volatility
Volatility Chart
The current Fidelity Fundamental Small-Mid Cap ETF volatility is 4.02%, 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.