Fidelity Small-Mid Multifactor ETF (FSMD)
FSMD is a passive ETF by Fidelity tracking the investment results of the Fidelity Small-Mid Multifactor Index. FSMD launched on Feb 26, 2019 and has a 0.29% expense ratio.
ETF Info
US3160925273
316092527
Feb 26, 2019
North America (U.S.)
1x
Fidelity Small-Mid Multifactor Index
Multi-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Small-Mid Multifactor 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 Small-Mid Multifactor ETF had a return of 22.03% year-to-date (YTD) and 33.81% in the last 12 months.
FSMD
22.03%
5.70%
16.08%
33.81%
12.62%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FSMD, 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 | -1.32% | 5.09% | 3.78% | -5.84% | 4.67% | -1.26% | 8.41% | 0.17% | 1.51% | -1.28% | 22.03% | ||
| 2023 | 7.48% | -1.23% | -2.59% | -1.18% | -2.42% | 7.88% | 3.76% | -2.08% | -4.67% | -4.46% | 8.04% | 9.12% | 17.37% |
| 2022 | -5.92% | 0.97% | 0.95% | -6.37% | 1.60% | -8.38% | 10.12% | -3.59% | -8.57% | 11.00% | 4.14% | -5.24% | -11.15% |
| 2021 | 2.65% | 5.87% | 4.68% | 3.78% | 0.95% | -0.35% | 0.18% | 2.14% | -2.98% | 4.46% | -2.98% | 5.77% | 26.40% |
| 2020 | -0.39% | -10.43% | -20.72% | 13.72% | 5.81% | 1.15% | 4.53% | 3.18% | -3.49% | 0.94% | 14.01% | 5.64% | 8.94% |
| 2019 | -1.03% | 3.31% | -6.60% | 6.22% | 1.57% | -3.27% | 1.62% | 2.09% | 3.82% | 1.35% | 8.81% |
Expense Ratio
FSMD features an expense ratio of 0.29%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSMD is 75, 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 Small-Mid Multifactor ETF (FSMD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Small-Mid Multifactor ETF provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.50 | $0.48 | $0.42 | $0.38 | $0.37 |
Dividend yield | 1.18% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Small-Mid Multifactor 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 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.40 | |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.50 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.48 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.06 | $0.42 |
| 2020 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | $0.38 |
| 2019 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.37 |
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 Small-Mid Multifactor 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 Small-Mid Multifactor ETF was 40.67%, occurring on Mar 23, 2020. Recovery took 171 trading sessions.
The current Fidelity Small-Mid Multifactor ETF drawdown is 1.40%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.67% | Feb 20, 2020 | 23 | Mar 23, 2020 | 171 | Nov 23, 2020 | 194 |
| -20.63% | Nov 17, 2021 | 146 | Jun 16, 2022 | 376 | Dec 14, 2023 | 522 |
| -7.32% | May 6, 2019 | 19 | May 31, 2019 | 37 | Jul 24, 2019 | 56 |
| -7.32% | Aug 1, 2024 | 3 | Aug 5, 2024 | 19 | Aug 30, 2024 | 22 |
| -7.15% | Apr 1, 2024 | 14 | Apr 18, 2024 | 19 | May 15, 2024 | 33 |
Volatility
Volatility Chart
The current Fidelity Small-Mid Multifactor ETF volatility is 6.12%, 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.