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Fidelity Sustainability U.S. Equity ETF (FSST)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS3160922791
CUSIP316092279
IssuerFidelity
Inception DateJun 15, 2021
RegionNorth America (U.S.)
CategorySustainable
Index TrackedRussell 3000
Home Pagescreener.fidelity.com
Asset ClassEquity

Expense Ratio

The Fidelity Sustainability U.S. Equity ETF has a high expense ratio of 0.59%, indicating higher-than-average management fees.


Expense ratio chart for FSST: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

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.


Fidelity Sustainability U.S. Equity ETF

Popular comparisons: FSST vs. VGT, FSST vs. VOO, FSST vs. SPY, FSST vs. SCHD, FSST vs. FTEC, FSST vs. FDSVX, FSST vs. FDVV

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Sustainability U.S. Equity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%10.00%20.00%30.00%NovemberDecember2024FebruaryMarchApril
24.87%
21.14%
FSST (Fidelity Sustainability U.S. Equity ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity Sustainability U.S. Equity ETF had a return of 7.41% year-to-date (YTD) and 27.71% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date7.41%6.33%
1 month-3.27%-2.81%
6 months24.87%21.13%
1 year27.71%24.56%
5 years (annualized)N/A11.55%
10 years (annualized)N/A10.55%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.68%6.41%3.68%
2023-5.36%-2.91%9.21%5.96%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FSST is 81, placing it in the top 19% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of FSST is 8181
Fidelity Sustainability U.S. Equity ETF(FSST)
The Sharpe Ratio Rank of FSST is 8484Sharpe Ratio Rank
The Sortino Ratio Rank of FSST is 8484Sortino Ratio Rank
The Omega Ratio Rank of FSST is 8282Omega Ratio Rank
The Calmar Ratio Rank of FSST is 8181Calmar Ratio Rank
The Martin Ratio Rank of FSST is 7575Martin 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 Sustainability U.S. Equity ETF (FSST) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FSST
Sharpe ratio
The chart of Sharpe ratio for FSST, currently valued at 1.98, compared to the broader market-1.000.001.002.003.004.001.98
Sortino ratio
The chart of Sortino ratio for FSST, currently valued at 2.88, compared to the broader market-2.000.002.004.006.008.002.88
Omega ratio
The chart of Omega ratio for FSST, currently valued at 1.34, compared to the broader market1.001.502.001.34
Calmar ratio
The chart of Calmar ratio for FSST, currently valued at 1.65, compared to the broader market0.002.004.006.008.0010.001.65
Martin ratio
The chart of Martin ratio for FSST, currently valued at 6.90, compared to the broader market0.0010.0020.0030.0040.0050.006.90
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.91, compared to the broader market-1.000.001.002.003.004.001.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.002.77
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.46, compared to the broader market0.002.004.006.008.0010.001.46
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.61, compared to the broader market0.0010.0020.0030.0040.0050.007.61

Sharpe Ratio

The current Fidelity Sustainability U.S. Equity ETF Sharpe ratio is 1.98. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.98
1.91
FSST (Fidelity Sustainability U.S. Equity ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Sustainability U.S. Equity ETF granted a 0.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.15 per share.


PeriodTTM202320222021
Dividend$0.15$0.15$0.18$0.08

Dividend yield

0.62%0.68%1.00%0.34%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Sustainability U.S. Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.03
2023$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.04
2022$0.00$0.00$0.02$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.09
2021$0.02$0.00$0.00$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-4.25%
-3.48%
FSST (Fidelity Sustainability U.S. Equity ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Sustainability U.S. Equity 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 Sustainability U.S. Equity ETF was 26.30%, occurring on Sep 30, 2022. Recovery took 304 trading sessions.

The current Fidelity Sustainability U.S. Equity ETF drawdown is 4.25%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.3%Nov 17, 2021219Sep 30, 2022304Dec 15, 2023523
-6.3%Apr 1, 202415Apr 19, 2024
-4.82%Sep 3, 202121Oct 4, 202111Oct 19, 202132
-3.14%Jul 13, 20215Jul 19, 20214Jul 23, 20219
-2.32%Dec 29, 20234Jan 4, 202410Jan 19, 202414

Volatility

Volatility Chart

The current Fidelity Sustainability U.S. Equity ETF volatility is 3.61%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
3.61%
3.59%
FSST (Fidelity Sustainability U.S. Equity ETF)
Benchmark (^GSPC)