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 |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FFSM features an expense ratio of 0.43%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FFSM vs. FFLV, FFSM vs. FFLG, FFSM vs. FCPGX, FFSM vs. FNILX, FFSM vs. VDIGX, FFSM vs. VIOG, FFSM vs. AVUV, FFSM vs. VOO, FFSM vs. FZROX, FFSM vs. FFLC
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 24.52% year-to-date (YTD) and 42.58% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.52% | 25.82% |
| 1 month | 5.98% | 3.20% |
| 6 months | 14.36% | 14.94% |
| 1 year | 42.58% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.90% | 6.56% | 5.12% | -5.84% | 4.66% | -2.27% | 7.19% | 0.40% | 1.25% | -1.93% | 24.52% | ||
| 2023 | 9.21% | -1.41% | -3.95% | -1.33% | -3.62% | 9.06% | 4.43% | -2.07% | -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% | 3.84% | -2.97% | 5.02% | -3.66% | 4.94% | 19.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFSM is 73, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.15 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.15 | $0.13 | $0.12 | $0.09 |
Dividend yield | 0.50% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | |
| 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.
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.65% | Nov 10, 2021 | 220 | Sep 26, 2022 | 354 | Feb 23, 2024 | 574 |
| -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 |
| -6.16% | Mar 16, 2021 | 7 | Mar 24, 2021 | 11 | Apr 9, 2021 | 18 |
Volatility
Volatility Chart
The current Fidelity Fundamental Small-Mid Cap ETF volatility is 5.91%, 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.