FSMD — Fidelity Small-Mid Multifactor ETF
Data updated: 2026-06-26
FSMD — Fidelity Small-Mid Multifactor ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Mid Cap Blend / Core Equity · $2.37B AUM · 0.15% expense ratio · 29.4% 1-yr return. From SEC regulatory filings.
FSMD Fund Overview
FSMD — Fidelity Small-Mid Multifactor ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Covington Trust
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $2.37B
- 1-year return: 29.4%
- Ticker: FSMD
- SEC CIK: 0000945908
- SEC series ID: S000064786
- Share class ID: C000209803
FSMD Holdings
Top 10 holdings of Fidelity Small-Mid Multifactor ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Sandisk Corp/de | 2.15% |
| Ciena Corp. | 1.12% |
| Lumentum Holdings, Inc. | 0.97% |
| Comfort Systems USA, Inc. | 0.95% |
| Fidelity Revere Street Trust | 0.82% |
| Coherent Corp. | 0.76% |
| Emcor Group, Inc. | 0.60% |
| Anglogold Ashanti PLC | 0.59% |
| Flex Ltd. | 0.54% |
| Casey's General Stores, Inc. | 0.53% |
FSMD Portfolio Allocation
Asset-class allocation of Fidelity Small-Mid Multifactor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.9% |
FSMD Performance
Total returns for FSMD (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.4% |
| 1 year | 29.4% |
| 3 years (annualised) | 17.0% |
| 5 years (annualised) | 9.3% |
FSMD Risk Information
Risk metrics for FSMD, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.7%
FSMD Costs and Fees
FSMD costs about $15 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.15%
- Gross expense ratio: 0.15%
- Portfolio turnover: 38%
- Brokerage commissions: 1.37 bps of average net assets (SEC N-CEN)
FSMD Cashflows
Over the 12 months to 2026-04, Fidelity Small-Mid Multifactor ETF had net inflows of $469.73M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $23.22M |
| 2026-03 | $49.27M |
| 2026-02 | $100.82M |
| 2026-01 | $54.75M |
| 2025-12 | $53.67M |
| 2025-11 | $25.89M |
FSMD Debt Constituents
Largest debt holdings of Fidelity Small-Mid Multifactor ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.01% |
FSMD Prospectus and SEC Filings
Official Fidelity Small-Mid Multifactor ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.