Key stats
Fund info
Home page
Inception date
Feb 26, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3160925273
CUSIP
316092527
FIGI
BBG00NFRNBR4
Identifiers
ISIN US3160925273
FSMD tracks an index of small- and mid-cap US market stocks selected and weighted using a wide variety of valuation metrics. The fund looks for a combination of attractive valuations, high quality profiles, positive momentum signals, lower volatility than the emerging equities market at large, and lower correlation to the U.S. equity market. This index is a subset of the Fidelity U.S. Total Investable Market Index, but excludes the 500 largest companies included in the broader index. Prior to December 1, 2020, the fund was previously called the Fidelity Small-Mid Factor ETF and tracked the Fidelity Small-Mid Factor Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks100.01%
Finance23.97%
Health Technology11.02%
Producer Manufacturing9.56%
Electronic Technology9.08%
Technology Services8.21%
Consumer Services6.25%
Energy Minerals3.47%
Health Services3.12%
Process Industries3.11%
Retail Trade2.90%
Industrial Services2.80%
Consumer Non-Durables2.75%
Commercial Services2.73%
Consumer Durables2.52%
Utilities2.24%
Transportation2.11%
Distribution Services1.93%
Non-Energy Minerals1.21%
Communications0.52%
Bonds, Cash & Other−0.01%
Mutual fund0.49%
Government0.01%
Futures−0.00%
Cash−0.50%
Breakdown by region
North America98.00%
Europe2.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FSMD invests in stocks. The fund's major sectors are Finance, with 24.08% stocks, and Health Technology, with 11.07% of the basket. The assets are mostly located in the North America region.
FSMD last dividends amounted to 0.17 USD. The quarter before, the issuer paid 0.17 USD in dividends, which shows a 1.19% decrease.
FSMD assets under management is 2.53 B USD. It's fallen 1.75% over the last month.
FSMD fund flows account for 490.34 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FSMD pays dividends to its holders with the dividend yield of 1.24%. The last dividend (Jun 23, 2026) amounted to 0.17 USD. The dividends are paid quarterly.
FSMD shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 26, 2019, and its management style is Passive.
FSMD expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
FSMD follows the Fidelity Small-Mid Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FSMD invests in stocks.
FSMD price has fallen by −2.13% over the last month, and its yearly performance shows a 15.15% increase. See more dynamics on FSMD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.81% over the last month, have fallen by −0.81% over the last month, showed a 3.85% increase in three-month performance and has increased by 18.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.81% over the last month, have fallen by −0.81% over the last month, showed a 3.85% increase in three-month performance and has increased by 18.07% in a year.
FSMD trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.