Fidelity New Millennium ETF (FMIL)
FMIL is an actively managed ETF by Fidelity. FMIL launched on Jun 3, 2020 and has a 0.59% expense ratio.
ETF Info
US3160923609
316092360
Jun 3, 2020
Developed Markets (Broad)
1x
No Index (Active)
Multi-Cap
Blend
Expense Ratio
FMIL has an expense ratio of 0.59%, 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 New Millennium ETF (FMIL) returned 0.38% year-to-date (YTD) and 10.24% over the past 12 months.
FMIL
0.38%
9.93%
-2.37%
10.24%
N/A
N/A
^GSPC (Benchmark)
0.19%
9.00%
-1.55%
12.31%
15.59%
10.78%
Monthly Returns
The table below presents the monthly returns of FMIL, 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 | 2.95% | -2.15% | -5.65% | -0.97% | 6.64% | 0.38% | |||||||
| 2024 | 2.27% | 7.78% | 4.82% | -3.45% | 5.14% | 2.84% | 0.48% | 2.66% | 2.06% | -0.50% | 4.69% | -3.30% | 27.89% |
| 2023 | 5.86% | -1.38% | 1.35% | 0.81% | 0.68% | 7.26% | 2.98% | -0.93% | -5.05% | -2.20% | 9.39% | 4.38% | 24.58% |
| 2022 | -0.75% | 1.62% | 2.26% | -5.71% | 4.26% | -10.17% | 7.70% | -1.16% | -8.42% | 12.27% | 5.21% | -4.92% | -0.28% |
| 2021 | 0.29% | 8.09% | 5.50% | 4.02% | 3.31% | -1.26% | -0.24% | 1.27% | -3.12% | 4.88% | -5.56% | 5.85% | 24.53% |
| 2020 | -4.14% | 3.15% | 3.23% | -2.87% | -0.67% | 15.59% | 3.89% | 18.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMIL is 55, 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 New Millennium ETF (FMIL) 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 New Millennium ETF provided a 0.94% dividend yield over the last twelve months, with an annual payout of $0.43 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.38 | $0.08 | $0.42 | $0.50 | $0.12 |
Dividend yield | 0.94% | 0.82% | 0.23% | 1.43% | 1.68% | 0.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity New Millennium 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 | $0.12 | $0.00 | $0.00 | $0.12 | |||||||
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.38 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.08 | $0.42 |
| 2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.23 | $0.50 |
| 2020 | $0.06 | $0.00 | $0.00 | $0.06 | $0.12 |
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 New Millennium 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 New Millennium ETF was 19.72%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Fidelity New Millennium ETF drawdown is 4.77%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.72% | Jan 24, 2025 | 52 | Apr 8, 2025 | — | — | — |
| -15.87% | Apr 21, 2022 | 110 | Sep 27, 2022 | 84 | Jan 27, 2023 | 194 |
| -11.25% | Jun 9, 2020 | 14 | Jun 26, 2020 | 92 | Nov 5, 2020 | 106 |
| -9.5% | Aug 2, 2023 | 62 | Oct 27, 2023 | 16 | Nov 20, 2023 | 78 |
| -8.94% | Jul 17, 2024 | 14 | Aug 5, 2024 | 19 | Aug 30, 2024 | 33 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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