Symbols

FSMD

·NYSE

--(--)

Key Stats

Assets Under Management

1.93BUSD

Fund Flows (1Y)

1.11BUSD

Dividend Yield

1.61%

Discount/Premium to NAV

0.10%

Shares Outstanding

42.80M

Expense Ratio

0.16%

About Fidelity Small-Mid Multifactor ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/app/fund/etf/snapshot/FIIS_ETF_FSMD.html

Inception Date

Feb 26, 2019

Structure

Open-Ended Fund

Index Tracked

Fidelity Small-Mid Multifactor Index

Management Style

Passive

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.

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

Asset Class

Equity

	1-Month	3-Month	YTD	1-Year	3-Year	5-Year
Price Performance	+5.66%	+1.84%	+7.87%	+7.02%	+43.27%	+54.27%
NAV Total Return	+2.78%	+0.89%	+10.45%	+4.03%	+45.59%	+71.17%

No data is currently available

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Holdings Analysis

Sector

Industrials

19.16%

Financial Services

16.82%

Technology

14.70%

Consumer Cyclical

13.23%

Healthcare

12.01%

Real Estate

7.04%

Consumer Defensive

4.07%

Energy

3.81%

Basic Materials

3.78%

Asset

Region

97.36%

1.07%

0.65%

0.62%

0.31%

Investment Style

Mega

Large

Medium

Multi

Small

Value

Blend

Growth

Multi-Cap Blend

Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.

See more ETFs with the same investment style

Top 10 Holdings

Symbol

Ratio

Fidelity Securities Lending Cash Central Fund

1.49%

Net Other Assets

1.41%

Anglogold Ashanti PLC

0.70%

Ciena Corp

0.61%

Comfort Systems USA Inc

0.61%

Pure Storage Inc Class A

0.54%

EMCOR Group Inc

0.48%

United Therapeutics Corp

0.48%

Reddit Inc Class A Shares

0.47%

Flex Ltd

0.44%

Top 10 Weight 7.23%

597 Total Holdings

Dividends

Dividend Payout History

Declaration Date	Record Date	Payment Date	Amount
2025-09-19	2025-09-19	2025-09-23	0.171
2025-06-20	2025-06-20	2025-06-24	0.143
2025-03-21	2025-03-21	2025-03-25	0.148
2024-12-20	2024-12-20	2024-12-24	0.133
2024-09-20	2024-09-20	2024-09-24	0.137
2024-06-21	2024-06-21	2024-06-25	0.135
2024-03-15	2024-03-18	2024-03-20	0.126

Premium/Discount Chart

Premium/Discount to NAV

Price

Assets Under Management

Fund Flows

Inflows

Outflows