Fund Evaluator:
Fidelity Small-Mid Multifactor ETF (FSMD)
Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Small Blend
Category
$24.694
NAV (as of Oct 07)
$0.00
Minimum Initial
0.15% A
Expense Ratio
$2,503 Mil
Assets
Open
Status
na
12b-1 Fee
1.25%
TTM Yield
0.00%
Max Load
38%
Portfolio Turnover
Best Performing in Small Blend Over the Last Year
| 50.4% | Royce Micro-Cap Invmt (RYOTX) |
| 46.4% | River Oak Discovery (RIVSX) |
| 39.7% | Goldman Sachs Small Cap Eq Insghts Inv (GDSTX) |
| 39.3% | Vanguard Strategic Small-Cap Equity Inv (VSTCX) |
| 38.0% | North Star Small Cap Value Investor (WSCVX) |
Data as of 7/31/2026
-4.2% F
1-Mo Return
3.9% F
3-Mo Return
15.8% D
YTD Return
22.8% F
1-Yr Return
15.0% B
3-Yr Return
9.9% A
5-Yr Return
0.88 A
Category Risk Index
1.31
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
2/26/2019
Share Class Type
Equity Investment Style
Small-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
DJ US Total Stock Market TR USD: 100%
Additional Fund Details
Fidelity Small-Mid Multifactor ETF Overview
FSMD Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FSMD Return (NAV) | -4.2% | 3.9% | 22.8% | 15.0% | 9.9% | na |
| FSMD Grade | F | F | F | B | A | na |
| +/- Category | -1.4% | -1.2% | -5.5% | 1.6% | 2.3% | na |
| Small Blend Avg | -2.8% | 5.2% | 28.3% | 13.5% | 7.6% | 10.3% |
| FSMD Tax Cost Ratio | na | na | 0.5% | 0.4% | 0.5% | na |
FSMD Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FSMD Return (NAV) | 15.8% | 8.7% | 15.3% | 17.3% | -11.1% | 26.0% | 8.9% | na | na | na | na |
| FSMD Grade | D | C | A | C | A | C | D | na | na | na | na |
| +/- Category | -2.4% | 0.8% | 3.8% | 0.8% | 5.4% | 2.8% | -5.4% | na | na | na | na |
| Small Blend Avg | 18.2% | 7.9% | 11.6% | 16.5% | -16.5% | 23.2% | 14.4% | 25.5% | -11.8% | 14.1% | 20.2% |
| Risk Measures | |
| Standard Deviation: | 16.1% |
| Total Risk Index: | 1.31 - Above Average |
| Category Risk Index: | 0.88 - Low |
| Category Risk Grade: | A (15% Rank) |
| Beta: | 0.96 |
| R-Squared: | 61% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.3% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | |
| Total Assets: | $2503 Mil |
| Fund Total Assets: | $2,504 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 38% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 7.4 years | |||
| Average Tenure: 7.3 years | |||
| Managers (Year): Bottari Louis (2019), Matthew Peter (2019), Regan Robert (2019), Gupta Payal (2019), Sohrabi Navid (2019) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 596 |
| % in Top 10 Holdings: | 8.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.2% |
Portfolio Allocation |
|
| Domestic Stock: | 97.7% |
| Foreign Stock: | 2.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.9% |
| Cash: | 1.0% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 800-343-3548 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | February 26, 2019 |
| 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 (%): | 0.15% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | Fidelity Small-Mid Multifactor ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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