Fidelity ETFs
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Portfolio Composition:  FSMD


18.8436   -0.1839 (-0.97%)

AS OF 8:00:00pm ET 03/31/2020 Quotes delayed at least 15 minutes.

ETP's Prospectus Stated Objectives

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index. Normally investing at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index, which is designed to reflect the performance of stocks of smalland 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.

Asset Classification Equity
Geography Objective US
Capitalization / Style Objective Broad/Multi Cap / Core or Blend
Investment Philosophy Enhanced Strategy

ETP Portfolio Characteristics

as of 03/31/2020

Independent third-party analytics of the daily basket holdings shown below can help you compare the ETP's Prospectus Stated Objectives to the characteristics of its underlying holdings. Their use of standardized calculations enable consistent comparison. It is important to note that they may not reflect ETF Managers' methodology to determine portfolio characteristics in buying and selling securities for the fund. Learn more about the ETF Managers' investment approach and performance in their Prospectus & Reports.

Basket Holdings

Total: 599 (Long: 598 | Short: 0)
 Top 10 4.47%
 Other 95.53%

Top 10

CASH Cash† 0.75%
TDOC Teladoc Health Inc 0.55%
MOH Molina Healthcare Inc 0.44%
COG Cabot Oil & Gas Corp 0.44%
MASI Masimo Corp 0.41%
CY Cypress Semiconductor Corp 0.39%
CHRW C.H. Robinson Worldwide Inc 0.38%
CTLT Catalent Inc 0.37%
CPB Campbell Soup Co 0.37%
NBIX Neurocrine Biosciences Inc 0.37%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information. View all Basket Holdings by Weight
Equity Real Estate Investment Trusts (REITs) 8.69%
Banks 5.00%
Machinery 4.49%
Insurance 4.15%
Health Care Equipment & Supplies 3.90%
Semiconductors & Semiconductor Equipment 3.88%
Health Care Providers & Services 3.66%
IT Services 3.60%
Software 3.39%
Electronic Equipment, Instruments & Components 3.36%
Hotels Restaurants & Leisure 2.80%
Oil, Gas & Consumable Fuels 2.48%
Chemicals 2.45%
Media 2.39%
Biotechnology 2.27%
Life Sciences Tools & Services 2.27%
Commercial Services & Supplies 1.93%
Household Durables 1.92%
Capital Markets 1.91%
Building Products 1.87%
Electric Utilities 1.85%
Specialty Retail 1.81%
Pharmaceuticals 1.77%
Food Products 1.72%
Diversified Consumer Services 1.64%
Containers & Packaging 1.38%
Professional Services 1.38%
Health Care Technology 1.35%
Thrifts & Mortgage Finance 1.34%
Trading Companies & Distributors 1.18%
Auto Components 1.17%
Electrical Equipment 1.12%
Communications Equipment 1.10%
Metals & Mining 1.08%
Construction & Engineering 0.98%
Aerospace & Defense 0.84%
Textiles, Apparel & Luxury Goods 0.84%
Multi-Utilities 0.84%
Consumer Finance 0.77%
Food & Staples Retailing 0.71%
Road & Rail 0.68%
Diversified Financial Services 0.63%
Beverages 0.55%
Entertainment 0.53%
Diversified Telecommunication Services 0.50%
Air Freight & Logistics 0.37%
Distributors 0.36%
Energy Equipment & Services 0.33%
Airlines 0.32%
Independent Power and Renewable Electricity... 0.31%
Industrial Conglomerates 0.30%
Personal Products 0.29%
Technology Hardware, Storage & Peripherals 0.29%
Automobiles 0.24%
Gas Utilities 0.22%
Household Products 0.21%
Real Estate Management & Development 0.21%
Paper & Forest Products 0.20%
Interactive Media & Services 0.20%
Water Utilities 0.18%
Construction Materials 0.14%
Multiline Retail 0.12%
Tobacco 0.12%
View full listing
Regional Exposure
North America 95.47%
Europe 2.89%
Latin America 0.53%
Middle East 0.22%
Asia 0.15%
Country Exposure
United States 95.47%
United Kingdom 2.23%
Switzerland 0.32%
Puerto Rico 0.23%
Israel 0.22%
Mexico 0.19%
Sweden 0.18%
Thailand 0.15%
Brazil 0.12%
Ireland 0.10%
Netherlands 0.06%
Market Capitalization
Small 54.05%
Micro 28.85%
Mid 15.77%
Other 0.73%
Large 0.60%


as of 04/01/2020   More information
Value Blend Growth
Current HistoricalCurrent Fund Assets Coverage: 100%
Data provided by .

Currency Exposure More information

United States Dollar 97.30%
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ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


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