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Fidelity Small-Mid Multifactor ETF (FSMD)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160925273

CUSIP

316092527

Issuer

Fidelity

Inception Date

Feb 26, 2019

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Fidelity Small-Mid Multifactor Index

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

FSMD features an expense ratio of 0.29%, falling within the medium range.


Expense ratio chart for FSMD: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

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:
FSMD vs. FSOPX FSMD vs. FLRG FSMD vs. FXAIX FSMD vs. SMLF FSMD vs. RWJ FSMD vs. VTSIX FSMD vs. IJR FSMD vs. BFGFX FSMD vs. VOO FSMD vs. VWO
Popular comparisons:
FSMD vs. FSOPX FSMD vs. FLRG FSMD vs. FXAIX FSMD vs. SMLF FSMD vs. RWJ FSMD vs. VTSIX FSMD vs. IJR FSMD vs. BFGFX FSMD vs. VOO FSMD vs. VWO

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.


60.00%70.00%80.00%90.00%100.00%110.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
81.00%
113.00%
FSMD (Fidelity Small-Mid Multifactor ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Small-Mid Multifactor ETF had a return of 15.85% year-to-date (YTD) and 16.33% in the last 12 months.


FSMD

YTD

15.85%

1M

-3.36%

6M

11.15%

1Y

16.33%

5Y*

10.62%

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.32%5.09%3.78%-5.84%4.67%-1.26%8.41%0.17%1.51%-1.28%9.32%15.85%
20237.48%-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%-6.38%1.60%-8.38%10.12%-3.59%-8.57%11.00%4.14%-5.24%-11.15%
20212.65%5.87%4.68%3.78%0.95%-0.35%0.18%2.14%-2.98%4.46%-2.97%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%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FSMD is 61, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FSMD is 6161
Overall Rank
The Sharpe Ratio Rank of FSMD is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FSMD is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FSMD is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FSMD is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FSMD is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for FSMD, currently valued at 1.12, compared to the broader market0.002.004.001.122.10
The chart of Sortino ratio for FSMD, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.652.80
The chart of Omega ratio for FSMD, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.39
The chart of Calmar ratio for FSMD, currently valued at 2.23, compared to the broader market0.005.0010.0015.002.233.09
The chart of Martin ratio for FSMD, currently valued at 6.44, compared to the broader market0.0020.0040.0060.0080.00100.006.4413.49
FSMD
^GSPC

The current Fidelity Small-Mid Multifactor ETF Sharpe ratio is 1.12. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Small-Mid Multifactor ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.12
2.10
FSMD (Fidelity Small-Mid Multifactor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Small-Mid Multifactor ETF provided a 1.28% dividend yield over the last twelve months, with an annual payout of $0.53 per share. The fund has been increasing its distributions for 4 consecutive years.


1.20%1.30%1.40%1.50%$0.00$0.10$0.20$0.30$0.40$0.5020192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$0.53$0.50$0.48$0.42$0.38$0.37

Dividend yield

1.28%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.13$0.00$0.00$0.14$0.00$0.00$0.14$0.00$0.00$0.13$0.53
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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.37%
-2.62%
FSMD (Fidelity Small-Mid Multifactor ETF)
Benchmark (^GSPC)

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 7.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-40.67%Feb 20, 202023Mar 23, 2020171Nov 23, 2020194
-20.63%Nov 17, 2021146Jun 16, 2022376Dec 14, 2023522
-8.03%Nov 26, 202417Dec 19, 2024
-7.32%May 6, 201919May 31, 201937Jul 24, 201956
-7.32%Aug 1, 20243Aug 5, 202419Aug 30, 202422

Volatility

Volatility Chart

The current Fidelity Small-Mid Multifactor ETF volatility is 5.04%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.04%
3.79%
FSMD (Fidelity Small-Mid Multifactor ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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