FSMDFidelity Small-Mid Multifactor ETF
FSMD Fund Description
FSMD tracks a multi-factored index of US companies.
FSMD Factset Analytics Insight
FSMD tracks an index of small- and midcap U.S. 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.
FSMD MSCI ESG Analytics Insight
Fidelity Small-Mid Multifactor ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.32 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Small-Mid Multifactor ETF ranks in the 31st percentile within its peer group and in the 44th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FSMD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FSMD Summary Data
FSMD Portfolio Data
FSMD Index Data
FSMD Portfolio Management
FSMD Tax Exposures
FSMD Fund Structure
FSMD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FSMD. FSMD is rated a 5 out of 5.
FSMD Sector/Industry Breakdown
FSMD Economic Development
FSMD Performance Statistics
FSMD MSCI ESG Ratings
FSMD Benchmark Comparison Summary
FSMD Benchmark Comparison Market Cap Size