FSMD

Fidelity Small-Mid Multifactor ETF
*Unless otherwise stated, data provided by FactSet.

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.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FSMD -0.28% 0.04% 19.72% 44.13% -- -- --
FSMD (NAV) -0.59% 0.40% 19.00% 42.98% -- -- --
MSCI USA SMID Cap Index 0.92% 1.94% 18.83% 45.74% 14.53% 16.19% 14.98%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FSMD Summary Data

Fidelity
02/26/19
Open-Ended Fund
0.29%
$57.99M
$341.98K
0.26%

FSMD Portfolio Data

$6.91B
19.57
2.58
1.23%
09/17/21
582

FSMD Index Data

Fidelity Small-Mid Multifactor Index
Proprietary
Proprietary
MSCI USA SMID Cap Index

FSMD Portfolio Management

0.29%
-0.26%
-0.22%
-0.27%

FSMD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FSMD Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Medium
Daily

FSMD Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

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 Tradability

10,081
$341.98K
6,466
$224.43K
0.26%
$0.09
0.05%
1.80% / -0.34%
None
99.00%
100,000
0.06
0.03%
0.03%
0
$34.02
5

FSMD Sector/Industry Breakdown


FSMD
Segment Benchmark
23.47%
21.34%
16.54%
15.17%
16.00%
13.64%
13.50%
18.93%
12.42%
11.98%
5.00%
5.26%
4.97%
3.30%
3.13%
3.31%
2.50%
3.77%
0.59%
0.38%

FSMD Top 10 Holdings[View All]

0.50%
Textron Inc. 0.33%
3.63%

FSMD Countries


FSMD
Segment Benchmark
99.91%
100.00%
0.09%
--

FSMD Regions


FSMD
Segment Benchmark
99.91%
100.00%
0.09%
--

FSMD Economic Development


FSMD
Segment Benchmark
100.00%
100.00%

FSMD Performance Statistics

0.95
0.95
0.97
0.89
0.22%
MSCI USA SMID Cap Index

FSMD MSCI ESG Ratings

5.32 / 10
43.69
31.43
4.45%
6.02%
152.49

FSMD Benchmark Comparison Holdings

582
2183
565
27.16%

FSMD Benchmark Comparison Summary


FSMD
Segment Benchmark
582
2183
$6.91B
$14.14B
19.57
48.72
2.58
3.11
1.30%
1.07%
Low
Low

FSMD Benchmark Comparison Market Cap Size


FSMD
Segment Benchmark
10.38%
47.25%
69.90%
41.76%
17.69%
10.50%
2.03%
0.49%