Key stats
About Fidelity Fundamental Small-Mid Cap ETF
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Inception date
Feb 2, 2021
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
US3160922957
FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.
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
Stocks100.00%
Finance22.90%
Industrial Services9.96%
Producer Manufacturing9.07%
Electronic Technology7.49%
Technology Services6.75%
Health Technology6.24%
Retail Trade6.00%
Distribution Services4.62%
Consumer Durables4.43%
Non-Energy Minerals3.80%
Transportation2.89%
Commercial Services2.72%
Consumer Services2.63%
Process Industries2.54%
Health Services2.51%
Consumer Non-Durables2.21%
Utilities1.67%
Energy Minerals1.56%
Bonds, Cash & Other0.00%
Stock breakdown by region
North America96.39%
Europe1.33%
Latin America1.03%
Middle East0.87%
Asia0.38%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FFSM invests in stocks. The fund's major sectors are Finance, with 22.90% stocks, and Industrial Services, with 9.96% of the basket. The assets are mostly located in the North America region.
FFSM top holdings are Somnigroup International Inc. and TechnipFMC plc, occupying 1.79% and 1.68% of the portfolio correspondingly.
FFSM last dividends amounted to 0.05 USD. The quarter before, the issuer paid 0.05 USD in dividends,
FFSM assets under management is 754.26 M USD. It's risen 3.90% over the last month.
FFSM fund flows account for 634.79 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, FFSM pays dividends to its holders with the dividend yield of 0.56%. The last dividend (Jun 24, 2025) amounted to 0.05 USD. The dividends are paid quarterly.
FFSM shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 2, 2021, and its management style is Active.
FFSM expense ratio is 0.43% meaning you'd have to pay 0.43% of your investment to help manage the fund.
FFSM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FFSM invests in stocks.
FFSM price has risen by 6.67% over the last month, and its yearly performance shows a 12.96% increase. See more dynamics on FFSM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.17% over the last month, showed a 10.97% increase in three-month performance and has increased by 15.90% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.17% over the last month, showed a 10.97% increase in three-month performance and has increased by 15.90% in a year.
FFSM trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.