Fidelity Enhanced Small Cap ETFFESM
FESM
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,250% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 2
300% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 6
58% more funds holding
Funds holding: 40 [Q3] → 63 (+23) [Q4]
55% more capital invested
Capital invested by funds: $365M [Q3] → $567M (+$202M) [Q4]
14.62% more ownership
Funds ownership: 38.95% [Q3] → 53.58% (+14.62%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for FESM.
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
FESM: High-Beta SMID Portfolio With Worrisome Quality, Some Caution Is Needed
FESM is an actively managed ETF offering exposure to financials- and industrials-heavy basket of SMID stocks. There is minor exposure to large caps as well. Since the conversion to an ETF in November 2023, FESM has been on a tear for quite some time, so it even beat IVV over December 2023 to January 2025. Still, it has been remarkably sensitive to the recent market softness as it trailed IVV and peers like IJR and IWM in February.
Positive
ETF Trends
2 months ago
ETF Flowdown: Off to the Races in 2025
One month into 2025, and ETFs are already off to the races, hauling in over $100 billion in net inflows in January. Hefty gains across the board reflect continued bullish sentiment on the stock market overall.
Neutral
ETF Trends
2 months ago
Bet on Rekindled Growth, But Diversification Taking Hold
Investor appetite for growth really is something to behold. Coming into the week of the U.S. presidential inauguration, we had been talking about the importance of diversification in the face of so much uncertainty, geopolitical risk, and lofty equity valuations following massive market gains in recent years.
Positive
ETF Trends
3 months ago
Don't Ignore Standout Small Caps in Active Small-Cap ETF FESM
2024 offered significant returns for investors, with the S&P 500 up 23.5% over the last year per YCharts data. Figuring out the right approach to 2025, then, looms as a key task for investors.
Positive
ETF Trends
6 months ago
6 ETFs to Enhance Your Equity Portfolio
While some debate the merits of active versus passive investment, advisors and investors no longer have to choose one over the other. The Fidelity Enhanced ETFs offer the best of both worlds by providing exposures similar to core equity benchmarks but with the benefits of active management.
Positive
ETF Trends
6 months ago
Rate Cuts Benefit These 2 Equity Categories
Interest rate cuts historically benefit equities, resulting in outperformance for the next year after the initial rate cut. Pockets of more pronounced opportunity may exist within stocks for investors in a declining rate environment.
Positive
ETF Trends
6 months ago
3 ETFs to Harness Small-Cap Rebound Potential in Falling Rates
As the Federal Reserve turned its eye from inflation to protecting the labor market at August's Jackson Hole meeting, markets rose in hopes of rate cuts beginning at the end of the third quarter. A falling rate environment may prove particularly supportive for small-cap stocks.
Positive
ETF Trends
7 months ago
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.
Neutral
Seeking Alpha
7 months ago
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.
Positive
ETF Trends
8 months ago
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.
Charts implemented using Lightweight Charts™