Fidelity Small-Mid Cap Opportunities ETF
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.0%
1 yr return
15.8%
3 Yr Avg Return
5.1%
5 Yr Avg Return
N/A
Net Assets
$34.7 M
Holdings in Top 10
14.7%
52 WEEK LOW AND HIGH
$26.5
$24.28
$26.98
Expenses
OPERATING FEES
Expense Ratio 0.43%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FFSM - Profile
Distributions
- YTD Total Return 10.0%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Small-Mid Cap Opportunities ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 04, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a "Tracking Basket," which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The Tracking Basket is comprised of: (1) select recently disclosed portfolio holdings and/or select securities from the universe from which the fund's investments are selected (Strategy Components); (2) liquid ETFs that convey information about the types of instruments (that are not otherwise fully represented by the Strategy Components) in which the fund invests (Representative ETFs); and (3) cash and cash equivalents. For additional information regarding the Tracking Basket, see "Additional Information about each Fund - Tracking Basket Structure" in the prospectus.The fund also publishes each business day on its website the "Tracking Basket Weight Overlap," which is the percentage weight overlap between the holdings of the prior business day's Tracking Basket compared to the holdings of the fund that formed the basis for the fund's calculation of net asset value per share (NAV) at the end of the prior business day. The Tracking Basket Weight Overlap is designed to provide investors with an understanding of how similar the Tracking Basket is to the fund's actual portfolio in percentage terms.Normally investing primarily in equity securities.Normally investing at least 80% of assets in securities of companies with small to medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 2500TM Index).Investing in domestic and foreign issuers.Investing in either "growth" stocks or "value" stocks or both.Using an investment process that starts with fundamental analyst research and security recommendations, and reference portfolios managed by Fidelity Management & Research Company LLC (FMR) (the Adviser) that are based on fundamental analysis, and then applying a quantitative portfolio construction process designed to emphasize securities in which the Adviser has high conviction subject to appropriate security and portfolio-level risk, liquidity, and trading characteristics.
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FFSM - Performance
Return Ranking - Trailing
Period | FFSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | N/A | N/A | N/A |
1 Yr | 15.8% | N/A | N/A | N/A |
3 Yr | 5.1%* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FFSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.6% | N/A | N/A | N/A |
2022 | -16.8% | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | FFSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | N/A | N/A | N/A |
1 Yr | 15.8% | N/A | N/A | N/A |
3 Yr | 5.1%* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FFSM Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.0% | N/A | N/A | N/A |
2022 | -16.8% | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
FFSM - Holdings
Concentration Analysis
FFSM | Category Low | Category High | FFSM % Rank | |
---|---|---|---|---|
Net Assets | 34.7 M | N/A | N/A | N/A |
Number of Holdings | 170 | N/A | N/A | N/A |
Net Assets in Top 10 | 9.25 M | N/A | N/A | N/A |
Weighting of Top 10 | 14.70% | N/A | N/A | N/A |
Top 10 Holdings
- VERTIV HOLDINGS CO 1.71%
- TECHNIPFMC PLC 1.68%
- EMCOR GROUP INC 1.65%
- ANTERO RES CORP 1.58%
- TEMPUR SEALY INTERNATIONAL INC 1.49%
- AUTOZONE INC 1.47%
- ARCH CAPITAL GROUP LTD 1.33%
- TFI INTERNATIONAL INC 1.27%
- MURPHY USA INC 1.27%
- UNIVERSAL HEALTH SVCS INC CL B 1.23%
Asset Allocation
Weighting | Return Low | Return High | FFSM % Rank | |
---|---|---|---|---|
Stocks | 98.95% | N/A | N/A | N/A |
Cash | 1.05% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFSM % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFSM % Rank | |
---|---|---|---|---|
US | 98.95% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
FFSM - Expenses
Operational Fees
FFSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.43% | N/A | N/A | N/A |
Management Fee | 0.43% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
FFSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
FFSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FFSM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
FFSM - Distributions
Dividend Yield Analysis
FFSM | Category Low | Category High | FFSM % Rank | |
---|---|---|---|---|
Dividend Yield | 0.56% | N/A | N/A | N/A |
Dividend Distribution Analysis
FFSM | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly |
Net Income Ratio Analysis
FFSM | Category Low | Category High | FFSM % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
FFSM | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 21, 2024 | $0.036 | OrdinaryDividend |
Mar 15, 2024 | $0.032 | OrdinaryDividend |
Dec 15, 2023 | $0.040 | OrdinaryDividend |
Sep 15, 2023 | $0.030 | OrdinaryDividend |