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Sunday, August 23, 2026The Morning Brief →Sign in

Fidelity Small-Mid Factor ETF

$52.03+0.44% today
425352-WK

The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Multifactor Index?, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index?.

Price & daily flows
50.947.644.452.03DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +17.0% so far this year. At 0.15% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$446Massets under management
0.15%expense ratio · $15 per $10,000 a year
net flow, trailing month
96Kavg daily volume, 30 days
597holdings · US-domiciled
2019listed February 27, 2019 · beta 0.97
Performance
1 week-2.2%
1 month+2.0%
3 months+4.7%
6 months+10.0%
YTD+17.0%
1 year+18.6%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
15%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-8.8%deepest fall from a peak, 1 year
-2.5%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
75Kshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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