Fidelity Small-Mid Factor ETF
Ticker
FSMD
ISIN
US316092527
Price
USD 43.27
Change Today
-0.30 / -0.689 %
Price 1 year ago
33.96 / 27.427 %
Morningstar
4
52 Week Low
34.76
52 Week High
44.85
200 Day Moving Average 39.49
39.49
50-day Moving Average
42.73
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.23 |
| Sortino Ratio | -0.13 |
| Maximum Drawdown | -3.47% |
| Maximum Drawdown Date | 2024-01-03 |
| Calmar Ratio | -4.13 |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | 0.29 |
| Volatility | 4.534% |
| Alpha | +9.39 |
| Beta | -- |
| R Squared | +93.38 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 13.3% |
| Average Annual Volatility | 22.014% |
| Sharpe Ratio | 0.60 |
| Sortino Ratio | 0.62 |
| Maximum Drawdown | -41.0% |
| Maximum Drawdown Date | 2020-03-23 |
| Calmar Ratio | -0.34 |
Company information
Summary
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Multifactor Index℠. 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℠.
Market
US
Category
Small Blend
Expense Ratio
0.29%
Fund family
Fidelity Investments
Morningstar
4
Yield
0.011
Exchange
PCX
| Sector | Weight |
|---|---|
| Financial services | 16.11% |
| Industrials | 15.75% |
| Technology | 14.62% |
| Healthcare | 13.28% |
| Consumer cyclical | 12.17% |
| Realestate | 8.32% |
| Consumer defensive | 4.64% |
| Energy | 4.39% |
| Basic materials | 3.99% |
| Communication services | 3.15% |
| Utilities | 2.64% |
| Country | Ratio |
|---|---|
| United States | 98.33 |
| United Kingdom | 0.48 |
| India | 0.23 |
| Sweden | 0.23 |
| China | 0.13 |
| Canada | 0.05 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| DVN | Devon Energy Corp | 0.39% |
| BBWI | Bath & Body Works Inc | 0.37% |
| MOH | Molina Healthcare Inc | 0.34% |
| TXT | Textron Inc | 0.34% |
| RGEN | Repligen Corp | 0.33% |
| CCK | Crown Holdings Inc | 0.32% |
| FNF | Fidelity National Financial Inc | 0.32% |
| LKQ | LKQ Corp | 0.32% |
| UDR | UDR Inc | 0.32% |
| WSM | Williams-Sonoma Inc | 0.32% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| APDJX | Artisan International Small-Mid Fund Advisor Shares | US04314H485 | NAS | 5 | |||
| IQLT | iShares MSCI Intl Quality Factor ETF | IE00BP3QZ601 | PCX | 0.30% | 5 | +3.86 | |
| IWQU.L | iShares Edge MSCI World Quality Factor UCITS ETF | IE00BP3QZ60 | LSE | 0.30% | 5 | ||
| JQUA | JPMorgan U.S. Quality Factor ETF | US46641Q7613 | PCX | 0.12% | 5 | +4.23 | |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | US46138J619 | BTS | 0.29% | 5 | +8.87 | |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | US78463X434 | PCX | 0.30% | 5 | +2.04 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.