Fund Evaluator:
Fidelity Enhanced Small Cap Core ETF (FESM)
Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Small Blend
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.28% B
Expense Ratio
$5,784 Mil
Assets
Open
Status
na
12b-1 Fee
0.71%
TTM Yield
0.00%
Max Load
73%
Portfolio Turnover
Best Performing in Small Blend Over the Last Year
| 67.2% | Royce Micro-Cap Invmt (RYOTX) |
| 54.3% | River Oak Discovery (RIVSX) |
| 48.4% | North Star Small Cap Value Investor (WSCVX) |
| 46.5% | Paradigm Value (PVFAX) |
| 46.0% | Nuveen Quant Small Cap Equity I (TSCHX) |
Data as of 6/30/2026
6.2% C
1-Mo Return
27.2% A
3-Mo Return
28.4% A
YTD Return
52.2% A
1-Yr Return
24.6% A
3-Yr Return
11.7% A
5-Yr Return
1.12 F
Category Risk Index
1.69
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
12/20/2007
Share Class Type
Equity Investment Style
Small-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Russell 3000 TR USD: 100%
Additional Fund Details
Fidelity Enhanced Small Cap Core ETF Overview
FESM Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FESM Return (NAV) | 6.2% | 27.2% | 52.2% | 24.6% | 11.7% | 13.3% |
| FESM Grade | C | A | A | A | A | A |
| +/- Category | 0.3% | 7.4% | 18.3% | 8.2% | 3.8% | 2.1% |
| Small Blend Avg | 5.9% | 19.8% | 33.9% | 16.4% | 7.9% | 11.2% |
| FESM Tax Cost Ratio | na | na | 0.3% | 0.4% | 1.4% | 1.4% |
FESM Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FESM Return (NAV) | 28.4% | 17.7% | 16.5% | 21.0% | -18.3% | 20.5% | 18.5% | 23.6% | -13.0% | 7.2% | 22.8% |
| FESM Grade | A | A | A | A | D | D | B | D | F | F | B |
| +/- Category | 6.7% | 9.8% | 4.9% | 4.6% | -1.8% | -2.7% | 4.2% | -1.8% | -1.2% | -6.8% | 2.6% |
| Small Blend Avg | 21.7% | 7.9% | 11.6% | 16.5% | -16.5% | 23.2% | 14.4% | 25.5% | -11.8% | 14.1% | 20.2% |
| Risk Measures | |
| Standard Deviation: | 20.5% |
| Total Risk Index: | 1.69 - Above Average |
| Category Risk Index: | 1.12 - High |
| Category Risk Grade: | F (93% Rank) |
| Beta: | 1.28 |
| R-Squared: | 66% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.7% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $5784 Mil |
| Fund Total Assets: | $5,785 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 73% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 11.8 years | |||
| Average Tenure: 7.1 years | |||
| Managers (Year): Naik Shashi (2014), Mitelman-Lester Anna (2019), Liu George (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 789 |
| % in Top 10 Holdings: | 13.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.5% |
Portfolio Allocation |
|
| Domestic Stock: | 96.7% |
| Foreign Stock: | 1.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -5.0% |
| Cash: | 6.7% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 800-225-5288 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | December 20, 2007 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.28% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | Fidelity Enhanced Small Cap Core ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.