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ISIN
US3160922791
CUSIP
316092279
Delisting Date
Nov 14, 2025
Issuer
Fidelity
Inception Date
Jun 15, 2021
Region
North America (U.S.)
Category
Sustainable
Leveraged
1x (No leverage)
Index Tracked
Russell 3000
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$13M

Share Price Chart


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Performance

FSST Performance Chart


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S&P 500 Index

Returns By Period


Fidelity Sustainability U.S. Equity ETF

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FSST Monthly Returns History


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.69%-4.81%-7.29%0.85%6.71%8.09%2.20%0.81%3.09%3.22%-0.15%15.40%
20241.68%6.41%3.69%-4.48%4.13%1.84%2.42%1.17%2.54%-1.83%6.24%-3.61%21.40%
20238.35%-2.16%2.22%-0.30%1.57%6.44%3.02%-1.92%-5.35%-2.92%9.21%5.96%25.49%
2022-6.05%-3.32%3.24%-8.64%-0.22%-8.03%9.57%-4.27%-9.52%8.57%7.09%-5.82%-18.30%
20211.63%2.60%3.57%-4.52%8.43%-3.06%3.81%12.52%

Benchmark Metrics

Fidelity Sustainability U.S. Equity ETF has an annualized alpha of 0.19%, beta of 1.02, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since June 17, 2021.

  • This ETF captured 109.23% of S&P 500 Index gains and 107.48% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • With beta of 1.02 and R2 of 0.94, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.19%
Beta
1.02
0.94
Upside Capture
109.23%
Downside Capture
107.48%

Expense Ratio

FSST has an expense ratio of 0.59%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Sustainability U.S. Equity ETF (FSST) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FSSTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.37

Calmar ratioReturn relative to maximum drawdown

2.78

Martin ratioReturn relative to average drawdown

12.44

Dividends

Dividend History

Fidelity Sustainability U.S. Equity ETF provided a 0.10% dividend yield over the last twelve months, with an annual payout of $0.03 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.502021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021
Dividend$0.03$0.54$0.15$0.18$0.08

Dividend yield

0.10%2.01%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.03$0.00$0.00$0.06
2024$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.00$0.42$0.54
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$0.15
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$0.18
2021$0.02$0.00$0.00$0.06$0.08

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 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.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-26.30%Sep 2022
10mo 17d1y 2mo
2y 28dNov 2021 - Dec 2023
2025 selloff2025
-22.35%Apr 2025
4mo 4d2mo 20d
6mo 24dDec 2024 - Jun 2025
2024 pullback2024
-8.15%Aug 2024
19d1mo 15d
2mo 4dJul 2024 - Sep 2024
2024 pullback2024
-6.30%Apr 2024
18d26d
1mo 14dApr 2024 - May 2024
2021 pullback2021
-4.82%Oct 2021
1mo 1d15d
1mo 16dSep 2021 - Oct 2021

Drawdown Indicators


FSSTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-56.78%

Max Drawdown (1Y)

Largest decline over 1 year

-9.10%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.80%

Average Drawdown

Average peak-to-trough decline

-10.71%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.03%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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