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FSMD · Fidelity Small-Mid Multifactor ETF

Equity fundTracks an index0.15% fee$2.5bnSince Feb 28, 2019SEC filings ↗
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FSMD tracks an index and returned +15.5% over the past year.

+15.5%
Total return, 1 year
0.15%
Expense ratio
587
Holdings
−5.6%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−2.5%+3.6%−6.1 pts−7.8 pts
6M Apr 2 – Oct 2, 2026+11.3%+17.9%−6.7 pts−17.1 pts
1Y Oct 2, 2025 – Oct 2, 2026+15.5%+16.2%−0.7 pts−8.8 pts
3Y Oct 3, 2023 – Oct 2, 2026+66.3%+89.3%−23.0 pts−48.5 pts
Since listing Feb 28, 2019 – Oct 2, 2026+124.9%+209.7%−84.7 pts−229.4 pts

FSMD over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

FSMD top ten by weight, 8.2% of its 587 equity positions, from the holdings filed for Jul 31, 2026. An index fund holds what the index holds, so this is the index. Source: the fund’s SEC filing.

SANDISK CORP/DE 2.33%
COMFORT SYSTEMS USA INC 0.88%
CIENA CORP 0.78%
LUMENTUM HOLDINGS INC 0.75%
FLEX LTD 0.66%
COHERENT CORP 0.61%
REVOLUTION MEDICINES INC 0.59%
CASEY'S GENERAL STORES INC 0.55%
EMCOR GROUP INC 0.53%
TAPESTRY INC 0.50%
Fund filings on SEC EDGAR ↗
Head to head
Funds near this one
ACWIACWXAIRRAORAVDVAVEM

In plain words

FSMD tracks an index. Over the year to Oct 2, 2026 it returned +15.5% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 15% of the fund by weight is stocks the S&P 500 also holds, across 587 positions, with the top ten at 8.2%. It sat 5.6% below its high of Aug 17, 2026 on Oct 2, 2026.
What it tracksnot read by ETFIQ
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. mid-cap blend
Expense ratio (485BPOS XBRL, Nov 24, 2025)0.15%
Price$50.17
Listed sinceFeb 28, 2019
Net assets (the issuer’s own figure for this ETF, month end, as of Aug 31, 2026)$2.5bn
Below its high (ETFIQ)−5.6%
Holdings587
Top ten weight8.2%
Holdings as of (SEC N-PORT)Jul 31, 2026
Already in the S&P 500, by weight (ETFIQ)14.6%
Active share vs the S&P 500 (ETFIQ)98.2%
Already in the Nasdaq-100, by weight (ETFIQ)3.1%
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about FSMD

How has FSMD performed?
Over the year to Oct 2, 2026, FSMD returned +15.5% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +66.3%.
What does FSMD cost?
The prospectus expense ratio is 0.15% a year.
What does FSMD hold?
587 positions as filed for Jul 31, 2026, with the top ten at 8.2% of the fund. 15% of its weight is in stocks the S&P 500 also holds.
How far is FSMD below its high?
5.6% below its high of Aug 17, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, FSMD and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.15%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $2.5bnThe issuer’s own figure for this ETF, month end · Aug 31, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
IssuerFidelity website ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceFidelity’s own site ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, FSMD, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/fsmd

Free to use with attribution; the underlying files are at Open data.

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