Fidelity Enhanced Small Cap ETF
FESM

$32.55

2.17%

Market Cap: $928M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

259% more capital invested

Capital invested by funds: $26.5M [Q1] → $95M (+$68.6M) [Q2]

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

111% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 9

17% more funds holding

Funds holding: 35 [Q1] → 41 (+6) [Q2]

11.51% more ownership

Funds ownership: 5.06% [Q1] → 16.56% (+11.51%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for FESM.

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Financial journalist opinion

Fidelity Offers Core Equity Exposure with Active Benefits

Many funds exist for equity investors, but few combine the benefits of core exposures alongside active management. The Fidelity Enhanced ETF suite seeks to outperform its benchmarks through its active strategy.

Fidelity Offers Core Equity Exposure with Active Benefits

FESM: Not Impressed With This Enhanced Small Cap Blend ETF

FESM recently reorganized into an ETF with a 0.28% expense ratio, but this enhanced small-cap fund has an extensive track record dating back to December 2007. This analysis reveals returns that were better than Russell 2000 Index ETFs like IWM but worse than S&P SmallCap 600 Index ETFs like SPSM. The strategy supposedly improves the quality of the Russell 2000 Index, but I found the improvements negligible. However, its value and growth features are impressive, albeit could be temporary.

FESM: Not Impressed With This Enhanced Small Cap Blend ETF

3 Funds for Bullish SMID Investors

Small cap stocks experienced a flux of inflows in mid-July as investor rate cut hopes soared. Fidelity offers three actively managed ETFs for investors looking for opportunity in the SMID (small and mid cap) space.

3 Funds for Bullish SMID Investors

Whichever Direction Rates Move, Consider Looking to Fidelity ETFs

The debate around economic resilience and the direction of inflation and interest rates continues into summer. Fidelity offers an array of ETFs to reflect your portfolio's position on the path of interest rates looking ahead.

Whichever Direction Rates Move, Consider Looking to Fidelity ETFs

The Potential Benefits of Fidelity's Enhanced ETF Core Equity Suite

A plethora of strategies exist for investors looking for core equity exposure, but investors may want to consider the Fidelity Enhanced ETF equity suite. These ETFs, converted from mutual funds last November, carried over 15 years of trading for the strategies while seeking to outperform their various benchmarks.

The Potential Benefits of Fidelity's Enhanced ETF Core Equity Suite

ETF 360: Fidelity Enters the Ring With Enhanced ETFs

The latest ETF 360 features Fidelity's Mike Hagopian in conversation with VettaFi's Head of Research Todd Rosenbluth about the new Fidelity Enhanced ETF suite. These ETFs are designed to give investors core equity exposure.

ETF 360: Fidelity Enters the Ring With Enhanced ETFs

Fidelity Launches Six Active Equity ETF Conversions

Fidelity Investments has completed six mutual-fund-to-ETF conversions, bringing its total ETF roster to 64 total ETFs.

Fidelity Launches Six Active Equity ETF Conversions

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