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
ISIN | US3160925273 |
---|---|
CUSIP | 316092527 |
Issuer | Fidelity |
Inception Date | Feb 26, 2019 |
Region | North America (U.S.) |
Category | Small Cap Growth Equities |
Index Tracked | Fidelity Small-Mid Multifactor Index |
Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
FSMD has a high expense ratio of 0.29%, indicating higher-than-average management fees.
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 5.16% year-to-date (YTD) and 21.81% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 5.16% | 8.61% |
1 month | -0.16% | -0.45% |
6 months | 19.52% | 18.66% |
1 year | 21.81% | 25.25% |
5 years (annualized) | 10.25% | 12.50% |
10 years (annualized) | N/A | 10.70% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -1.32% | 5.09% | 3.78% | -5.84% | ||||||||
2023 | -4.46% | 8.04% | 9.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSMD is 71, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Fidelity Small-Mid Multifactor ETF(FSMD)
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 granted a 1.28% dividend yield in the last twelve months. The annual payout for that period amounted to $0.49 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
Dividend | $0.49 | $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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.13 | $0.00 | ||||||||
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 |
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 |
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 |
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 |
2019 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 |
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 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 2.29%.
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 |
-7.33% | May 6, 2019 | 19 | May 31, 2019 | 37 | Jul 24, 2019 | 56 |
-7.15% | Apr 1, 2024 | 14 | Apr 18, 2024 | — | — | — |
-6.03% | Jul 29, 2019 | 20 | Aug 23, 2019 | 45 | Oct 28, 2019 | 65 |
Volatility
Volatility Chart
The current Fidelity Small-Mid Multifactor ETF volatility is 4.64%, 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.