FSMDFidelity Small-Mid Multifactor ETF

Grow my money7y track recordRanked #284 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity Small-Mid Multifactor Index.

By Fidelity Investments · Launched 2019

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$2.4B

#655 of 5,562 · large

Return (1Y)Goal

+29.8%

Track Record

7 years

#1,870 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,768+27.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Smid

Strategy

Index tracking

Factor

Multifactor

Index tracked

Fidelity Small-Mid Multifactor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 5.9% of fund✓ well diversified

Fidelity Revere Street Trust

0.8%

ANGLOGOLD ASHANTI PLC

0.7%

CIENA CORP

0.7%

COMFORT SYSTEMS USA INC

0.7%

EMCOR GROUP INC

0.6%

TAPESTRY INC

0.5%

TECHNIPFMC PLC

0.5%

UNITED THERAPEUTICS CORP DEL

0.5%

FLEX LTD

0.5%

CURTISS-WRIGHT CORP

0.5%

Asset allocation

Stocks

99.9%

Cash

1.2%

By sector

Technology

20.5%

Industrials

20.1%

Financial Services

14.8%

Healthcare

11.7%

Consumer Cyclical

10.6%

Real Estate

6.2%

Energy

4.1%

Basic Materials

4.0%

Other

8.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.7%Moderate

Year-on-year price swings

Max drawdown

-40.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.81Decent risk-adjusted returns

Sortino (3Y)

1.21Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity Small-Mid Multifactor Index.
Strategy: Invests primarily in securities included in the Fidelity Small-Mid Multifactor Index, which reflects small- and mid-cap U.S. stocks with attractive valuations, high quality, positive momentum, and lower volatility than the broader market. Uses a proprietary methodology.
Inception date: February 26, 2019
Fund family: Fidelity Investments