Fidelity Small-Mid Multifactor ETF (FSMD)

NYSEARCA: FSMD · Real-Time Price · USD
43.94
+0.31 (0.71%)
Oct 8, 2025, 4:00 PM EDT - Market closed
0.71%
Assets$1.81B
Expense Ratio0.16%
PE Ratio17.09
Shares Out41.20M
Dividend (ttm)$0.60
Dividend Yield1.35%
Ex-Dividend DateSep 19, 2025
Payout FrequencyQuarterly
Payout Ratio23.14%
Volume99,332
Open43.71
Previous Close43.63
Day's Range43.50 - 43.99
52-Week Low33.95
52-Week High45.16
Beta0.98
Holdings604
Inception DateFeb 26, 2019

About FSMD

Fund Home Page

The Fidelity Small-Mid Multifactor ETF (FSMD) is an exchange-traded fund that is based on the Fidelity Small-Mid Multifactor index. The fund tracks a multi-factored index of US companies. FSMD was launched on Feb 26, 2019 and is issued by Fidelity.

Asset Class Equity
Category Small Blend
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FSMD
ETF Provider Fidelity
Index Tracked Fidelity Small-Mid Multifactor Index

Top 10 Holdings

5.65% of assets
NameSymbolWeight
Fidelity Securities Lending Cash Central Fundn/a1.30%
AngloGold Ashanti plcAU0.59%
Pure Storage, Inc.PSTG0.52%
EMCOR Group, Inc.EME0.51%
Comfort Systems USA, Inc.FIX0.51%
Ciena CorporationCIEN0.45%
Tapestry, Inc.TPR0.45%
United Therapeutics CorporationUTHR0.45%
Reddit, Inc.RDDT0.45%
Flex Ltd.FLEX0.41%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Sep 19, 2025$0.171Sep 23, 2025
Jun 20, 2025$0.143Jun 24, 2025
Mar 21, 2025$0.148Mar 25, 2025
Dec 20, 2024$0.133Dec 24, 2024
Sep 20, 2024$0.137Sep 24, 2024
Jun 21, 2024$0.135Jun 25, 2024
Full Dividend History

Performance

FSMD had a total return of 9.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.57%.

News

FSMD: A Small- And Mid-Cap ETF With Attractive Valuation, Well-Positioned In The Current Market

FSMD offers diversified small- and mid-cap exposure with a multi-factor approach, emphasizing valuation, quality, momentum, and low volatility. The fund trades at an attractive discount to benchmarks ...

7 weeks ago - Seeking Alpha

FSMD: One Of The Best Small-Cap Multi-Factor ETFs

Fidelity Small-Mid Multifactor ETF invests in small and mid-cap U.S. stocks with value, quality, momentum, and low volatility. FSMD is highly diversified across nearly 600 stocks, with a focus on indu...

8 months ago - Seeking Alpha

End Of 2024 Trending Exchange-Traded Funds

I updated my universe of exchange-traded funds to track based on superior long-term performance. Nearly 450 ETFs are ranked based on short-term monthly returns, exponential moving average, and money f...

10 months ago - Seeking Alpha

FSMD: Outperforming Small And Mid-Cap Benchmarks With Lower Volatility

Lower interest rates are expected to improve the outlook for small and mid-cap stocks, making FSMD a suitable investment in this environment. FSMD's multifactor approach has delivered superior returns...

1 year ago - Seeking Alpha

What You Don't Know About These Vanguard And Fidelity ETFs Can Hurt Your Alpha

Vanguard offers factor-based ETFs that have shown outstanding performance compared to unmanaged, index-based comparison ETFs. Factor-based ETFs have now become mainstream investments, with a market sh...

1 year ago - Seeking Alpha

FSMD: Nicely Balanced Multifactor Approach, Yet Incapable Of Outcompeting The Market

Passively managed FSMD applies a multifactor approach to small- and mid-cap stocks. The factors amalgamated are value, quality, low volatility, and momentum. The current iteration of the FSMD portfoli...

1 year ago - Seeking Alpha

FSMD: It Works For SMMD

Fidelity Small-Mid Multifactor ETF offers a twist on market-cap weighted indexing with a multifactor, rules-based approach. The FSMD fund is well-diversified with nearly 600 holdings and attractive va...

1 year ago - Seeking Alpha

FSMD: Strategic Beta Beats Market-Cap-Weighted, But It's Not Perfect

The Fidelity Small-Mid Multifactor ETF is a strategic beta ETF that focuses on investing in small- and mid-cap U.S. companies. FSMD has outperformed passive SMID-cap indices over the last three years ...

1 year ago - Seeking Alpha