Fidelity Small-Mid Multifactor ETFFSMD
FSMD
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
40% more capital invested
Capital invested by funds: $213M [Q2] → $297M (+$84.5M) [Q3]
17% more funds holding
Funds holding: 54 [Q2] → 63 (+9) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2.6% less ownership
Funds ownership: 62.91% [Q2] → 60.31% (-2.6%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for FSMD.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
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 flows into funds. With valuations and concentrations high, I select twenty trending ETFs Lipper Categories with less risk of correction in 2025 for further analysis.
Positive
ETF Trends
2 weeks ago
Why SMID Cap ETFs Make Sense in a Falling-Rate Environment
Small- and mid-cap (SMID cap) ETFs have seen strong flows recently, making it important that investors fully understand why moving down the cap spectrum can make sense in a falling rate environment. In short, small-and mid-cap stocks, or SMID caps, are more sensitive to interest rates and economic conditions than larger companies.
Positive
ETF Trends
1 month ago
SMIDcap ETF ‘FSMD' May Benefit in Rate-Cutting Regime
The market regime may continue to shift in response to easing rates, potentially serving as a catalyst for SMIDcap and mid-cap companies. The rate cut cycle is expected to provide more relief for smaller and more leveraged companies needing more access to capital markets than larger companies.
Neutral
ETF Trends
2 months ago
5 ETFs For When Market Volatility Spikes
Market volatility remains a fairly persistent aspect for investors to contend with in the back half of the year. With elevated short-term volatility risks in the fourth quarter, Fidelity offers five ETFs worth consideration, including a screen for lower volatility stocks.
Positive
ETF Trends
2 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.
Neutral
Seeking Alpha
2 months ago
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 and lower volatility compared to benchmarks like the S&P MidCap 400 and Russell 2000 indices. FSMD's diversified allocation and reasonable valuation, with a P/E ratio of 16.0x, position it favorably among small and mid-cap ETFs.
Positive
ETF Trends
2 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.
Neutral
ETF Trends
3 months ago
Considering Multifactor Strategies When Investing in U.S. Equities
Several potential risks loom over markets in the second half, particularly within the U.S. For investors looking to dampen volatility, invest in quality, or seek returns through value or momentum strategies, the Fidelity Multifactor ETF suite may be worth consideration. Recession concerns rose once again in August and signs of economic slowing in the U.S.
Negative
Seeking Alpha
5 months ago
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 share of over 20% globally. Assets under management for factor-based investments have grown significantly, leading many investors to include factor funds in their portfolios.
Neutral
ETF Trends
6 months ago
An Advisor's Guide to Fidelity's Multifactor ETF Suite
Factor investing allows for targeted equity exposure for those seeking specific investment outcomes. For example, factors may be used to enhance a portfolio's risk and return profile or help generate income.
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