FESM vs. FFSM ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)
FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.92

Average Daily Volume

123,580

Number of Holdings *

567

* may have additional holdings in another (foreign) market
FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$28.93

Average Daily Volume

28,347

Number of Holdings *

171

* may have additional holdings in another (foreign) market
Performance
Period FESM FFSM
30 Days 7.42% 5.05%
60 Days 7.32% 4.89%
90 Days 8.30% 5.78%
12 Months 39.28% 33.64%
37 Overlapping Holdings
Symbol Grade Weight in FESM Weight in FFSM Overlap
ACLX C 0.09% 0.19% 0.09%
AIT B 0.48% 0.88% 0.48%
ARVN F 0.06% 0.04% 0.04%
AXSM B 0.07% 0.11% 0.07%
BCO F 0.24% 0.56% 0.24%
BECN B 0.04% 0.61% 0.04%
BOOT C 0.06% 0.9% 0.06%
CADE B 0.18% 0.59% 0.18%
CLDX F 0.03% 0.1% 0.03%
CMC B 0.13% 0.6% 0.13%
COGT D 0.05% 0.11% 0.05%
COMP B 0.57% 0.4% 0.4%
CRNX C 0.12% 0.19% 0.12%
CTRE C 0.2% 0.49% 0.2%
CYTK F 0.16% 0.18% 0.16%
DIOD D 0.09% 0.27% 0.09%
EAT A 0.12% 0.47% 0.12%
EME A 0.56% 1.81% 0.56%
EWTX C 0.14% 0.0% 0.0%
FBP C 0.28% 0.29% 0.28%
FN C 0.7% 1.22% 0.7%
FSS B 0.09% 0.6% 0.09%
KBH D 0.21% 0.64% 0.21%
MDGL B 0.14% 0.16% 0.14%
MEDP D 0.07% 0.57% 0.07%
NUVL C 0.04% 0.16% 0.04%
PBH A 0.22% 0.06% 0.06%
PCVX D 0.33% 0.32% 0.32%
RUSHA C 0.08% 0.35% 0.08%
SF B 0.33% 0.75% 0.33%
TCBK C 0.02% 0.08% 0.02%
TENB C 0.43% 0.45% 0.43%
TEX F 0.35% 0.42% 0.35%
UPBD B 0.51% 0.3% 0.3%
VCEL B 0.03% 0.12% 0.03%
WFRD D 0.04% 0.33% 0.04%
ZNTL F 0.04% 0.0% 0.0%
FESM Overweight 530 Positions Relative to FFSM
Symbol Grade Weight
SFM A 0.99%
CRS B 0.86%
ANF F 0.8%
CVLT B 0.79%
QTWO A 0.73%
SPSC D 0.71%
SKYW C 0.7%
PAYO A 0.69%
LUMN C 0.69%
BGC C 0.67%
ENS F 0.62%
MWA B 0.61%
MHO D 0.61%
JXN C 0.61%
CRGY B 0.61%
IBP D 0.6%
AEO F 0.6%
CSGS B 0.6%
MTX B 0.59%
NWBI B 0.59%
WT A 0.58%
YELP C 0.57%
FIX A 0.57%
PRG C 0.56%
OUT A 0.56%
CVNA B 0.55%
UCTT D 0.54%
FUL F 0.54%
QLYS B 0.54%
HWKN B 0.54%
LKFN C 0.53%
EXLS B 0.53%
FHI B 0.52%
VMEO B 0.5%
AIR B 0.5%
TMHC C 0.49%
LANC C 0.47%
ITRI C 0.47%
CODI B 0.46%
MXL C 0.45%
SIGI C 0.44%
BANF B 0.43%
INSM C 0.42%
MMSI A 0.42%
LMND B 0.41%
WTS B 0.41%
MTDR B 0.41%
REZI A 0.4%
GT C 0.4%
BMI B 0.4%
AROC A 0.4%
BHE C 0.4%
MATX C 0.39%
ACA A 0.39%
SANM B 0.39%
CECO B 0.38%
APOG C 0.38%
CBU B 0.38%
ESRT C 0.37%
ABCB B 0.37%
AAT B 0.37%
KNF B 0.37%
GH B 0.36%
TPH D 0.36%
FFIN B 0.36%
CMPR D 0.36%
PECO A 0.36%
CNMD C 0.35%
VREX B 0.35%
BAND B 0.35%
GNW A 0.35%
FLR B 0.35%
UMBF B 0.34%
GFF A 0.34%
NMIH C 0.34%
ATI C 0.33%
CRDO B 0.33%
SXT C 0.33%
BBSI B 0.33%
VICR C 0.33%
COKE C 0.33%
NJR A 0.32%
PFS B 0.32%
KAR B 0.32%
SWX B 0.32%
STEP C 0.32%
ABM B 0.32%
IGT F 0.32%
MTH D 0.31%
YOU D 0.31%
KTOS B 0.3%
YEXT B 0.29%
AX B 0.29%
EGHT B 0.29%
SXC A 0.29%
WK B 0.29%
BDC C 0.29%
CNO B 0.28%
WOOF D 0.28%
SNEX B 0.27%
PHR F 0.27%
TRN B 0.27%
MRTN D 0.26%
CEIX A 0.26%
WSBC B 0.26%
MOG.A B 0.26%
PRGS A 0.26%
LNW F 0.26%
EZPW B 0.25%
RVMD C 0.25%
IRTC C 0.25%
HQY A 0.25%
HLX B 0.24%
CPF B 0.24%
BUSE B 0.24%
WKC C 0.24%
CDP C 0.24%
HP C 0.24%
TRNO F 0.24%
FRME B 0.23%
EPAC C 0.23%
TILE B 0.23%
CALM A 0.23%
PLXS B 0.23%
MAC B 0.23%
PDFS C 0.23%
NBR C 0.23%
HWC B 0.22%
SJW F 0.22%
CORT B 0.22%
CRC A 0.22%
RNST B 0.22%
DCO C 0.22%
HL D 0.21%
OPCH D 0.21%
HURN C 0.21%
ROCK C 0.21%
AXGN C 0.21%
TDS B 0.21%
WABC B 0.21%
SHAK C 0.21%
ZUO B 0.21%
CRAI C 0.21%
ALKS C 0.21%
AXL C 0.21%
PLAB C 0.21%
OI C 0.21%
PSN D 0.21%
COMM D 0.2%
HNI B 0.2%
BL B 0.2%
HY D 0.2%
UBSI B 0.2%
FULT A 0.2%
HSTM B 0.2%
MUR D 0.2%
CNXN C 0.19%
PBI B 0.19%
SMTC B 0.19%
RNA C 0.19%
SBH C 0.19%
RMBS B 0.19%
AVNS F 0.18%
PRO C 0.18%
AORT B 0.18%
TRTX C 0.18%
BVS D 0.18%
XRX F 0.18%
PJT A 0.18%
SFBS C 0.18%
ALRM C 0.17%
ARLO C 0.17%
BCC B 0.17%
AWR B 0.17%
DBRG F 0.17%
CSWI B 0.17%
PRK B 0.17%
PD C 0.17%
TNC D 0.17%
FLNC D 0.17%
INTA B 0.17%
OFG B 0.16%
SAH C 0.16%
HALO F 0.16%
PTCT B 0.16%
STNG F 0.16%
DY D 0.16%
BPMC B 0.16%
BOH B 0.16%
PLPC B 0.16%
DXPE C 0.16%
DOMO B 0.15%
FLXS B 0.15%
VRTS B 0.15%
ETD C 0.15%
VCYT B 0.15%
CNK C 0.15%
NFBK C 0.15%
RYTM C 0.15%
UCB A 0.15%
TVTX C 0.15%
CWT C 0.15%
AMSF B 0.15%
AMAL B 0.15%
GEO B 0.14%
CPS C 0.14%
LMB B 0.14%
TWST F 0.14%
VRE B 0.14%
FBK C 0.14%
FOLD F 0.14%
HAE C 0.14%
SLG B 0.14%
GHC B 0.14%
OSCR D 0.14%
EXPI D 0.14%
EXTR C 0.13%
ATRC C 0.13%
SRRK C 0.13%
WS C 0.13%
CPRX C 0.13%
WSR A 0.13%
REPX A 0.13%
SRCE B 0.13%
OTTR C 0.12%
AMRX C 0.12%
NRIX C 0.12%
USLM A 0.12%
BSIG A 0.12%
TRUP B 0.12%
ZEUS C 0.12%
KREF C 0.12%
DK C 0.12%
AUB B 0.11%
HCAT D 0.11%
TREE F 0.11%
ACAD C 0.11%
CDNA D 0.11%
VTOL B 0.11%
CHX C 0.11%
HCI C 0.11%
ALTR B 0.11%
AMSC B 0.11%
BRC D 0.11%
INSW F 0.11%
AUR C 0.11%
LYTS B 0.11%
SKT A 0.11%
DYN F 0.11%
KURA F 0.1%
RKLB A 0.1%
SFL D 0.1%
BCPC B 0.1%
SLVM B 0.1%
AGS A 0.1%
BCRX D 0.1%
ODP F 0.1%
ALE A 0.1%
GKOS B 0.1%
ADMA B 0.1%
NGVC A 0.1%
ADUS D 0.1%
INDB B 0.1%
KRYS C 0.1%
LADR B 0.1%
GMRE F 0.1%
TGTX B 0.1%
FLYW B 0.1%
FFBC B 0.1%
PL B 0.09%
VSTO A 0.09%
TNDM D 0.09%
TCMD B 0.09%
MRC B 0.09%
SPT C 0.09%
LGND C 0.09%
VBTX B 0.09%
AMBA B 0.09%
ARQT B 0.09%
ACMR D 0.09%
HLIT D 0.09%
MYGN F 0.09%
EQC B 0.09%
FORM D 0.09%
TRUE C 0.09%
RDFN D 0.09%
WGO C 0.08%
PRLB B 0.08%
FTDR B 0.08%
WSBF C 0.08%
TDOC C 0.08%
BSRR B 0.08%
LUNR B 0.08%
THR B 0.08%
KOD B 0.08%
RXRX F 0.08%
FDP B 0.08%
CDE C 0.08%
AKBA C 0.08%
CDMO A 0.08%
PCRX C 0.08%
CATY B 0.08%
TARS C 0.08%
LTH C 0.08%
KTB B 0.08%
AIN C 0.08%
URBN C 0.08%
SCS C 0.08%
EOLS D 0.07%
IRWD F 0.07%
AMPH F 0.07%
KE C 0.07%
OPEN F 0.07%
JAMF F 0.07%
MYE F 0.07%
SEM B 0.07%
UNIT B 0.07%
LGF.A C 0.07%
REPL D 0.07%
AVD C 0.07%
NBTB B 0.07%
FISI B 0.07%
NTCT C 0.07%
WVE C 0.07%
ATNI F 0.07%
ARAY C 0.07%
SNBR F 0.07%
PGC B 0.07%
BBIO F 0.07%
CTBI B 0.07%
COLL F 0.07%
HBI B 0.07%
HRTG C 0.07%
ADPT C 0.07%
EBS C 0.07%
DEA D 0.07%
BLKB B 0.07%
WMK C 0.07%
MCRI A 0.06%
CVBF A 0.06%
ALHC C 0.06%
SGMO C 0.06%
ORGO B 0.06%
RXO D 0.06%
RVNC F 0.06%
ORIC F 0.06%
CERS D 0.06%
BGS F 0.06%
CTKB C 0.06%
CDXS B 0.06%
SNDX F 0.06%
HURC B 0.06%
GIC D 0.06%
BKD F 0.06%
NARI C 0.06%
LNTH D 0.06%
DNLI D 0.06%
RM C 0.06%
AGIO C 0.06%
WEAV C 0.06%
UEC B 0.06%
NUVB C 0.06%
NVAX F 0.06%
TMCI C 0.05%
LGF.A C 0.05%
AOSL C 0.05%
UVE B 0.05%
ARWR D 0.05%
ACIW B 0.05%
TXRH B 0.05%
CCCC F 0.05%
NPAB F 0.05%
ATRO D 0.05%
PTON A 0.05%
PAHC C 0.05%
ANNX F 0.05%
DAKT C 0.05%
LPG F 0.05%
UHT D 0.05%
RIG D 0.05%
QTRX F 0.05%
VNDA C 0.05%
ARCT F 0.05%
NRDS C 0.05%
OPY B 0.05%
ONTO F 0.05%
HNST A 0.05%
BY B 0.05%
STBA B 0.05%
OIS B 0.05%
SNCY C 0.05%
ERAS C 0.05%
AKRO B 0.05%
EE A 0.05%
APPN B 0.05%
IART C 0.05%
LMAT A 0.04%
LPSN F 0.04%
STRO F 0.04%
CSR B 0.04%
IDYA F 0.04%
BLBD D 0.04%
PTGX D 0.04%
UNFI A 0.04%
IOVA F 0.04%
ALLK D 0.04%
KALV F 0.04%
GERN D 0.04%
CXM C 0.04%
MSBI B 0.04%
OABI F 0.04%
SAGE F 0.04%
NXRT B 0.04%
NSP F 0.04%
KLG B 0.04%
DSGN C 0.04%
BRSP C 0.04%
ALX D 0.04%
ETNB C 0.04%
CRVL B 0.04%
BASE B 0.04%
VCTR B 0.04%
COUR F 0.04%
NSSC D 0.04%
ZIP D 0.04%
MLNK C 0.04%
RLAY F 0.03%
FIZZ C 0.03%
BEAM D 0.03%
ENTA F 0.03%
SANA F 0.03%
PDCO F 0.03%
PKE B 0.03%
TSHA C 0.03%
RLMD F 0.03%
RCKT F 0.03%
GIII D 0.03%
RMAX C 0.03%
ANIK D 0.03%
NPK B 0.03%
MED D 0.03%
MBWM B 0.03%
IDT B 0.03%
ENSG C 0.03%
SHEN F 0.03%
HIMS B 0.03%
FSTR B 0.03%
MTRN C 0.03%
HUMA F 0.03%
TSVT F 0.03%
PRTS C 0.03%
EDIT F 0.03%
CWCO C 0.03%
UVSP B 0.03%
FNKO D 0.03%
BDTX F 0.03%
ASC F 0.03%
ETWO F 0.03%
ARRY F 0.03%
VSCO C 0.03%
ICFI F 0.03%
UFPI C 0.03%
MCY A 0.03%
TERN F 0.03%
MGNX F 0.03%
VYGR F 0.03%
BHLB B 0.03%
CHGG C 0.03%
FATE F 0.03%
GRC A 0.03%
HRTX F 0.03%
CCBG B 0.02%
ANGO C 0.02%
CTMX F 0.02%
EB C 0.02%
SSTK F 0.02%
SVRA F 0.02%
ALEC F 0.02%
NTLA F 0.02%
DIN C 0.02%
ONTF C 0.02%
TNYA D 0.02%
NKTR F 0.02%
DVAX C 0.02%
MQ D 0.02%
PGEN F 0.02%
TNET F 0.02%
ZIMV D 0.02%
ALT C 0.02%
CRBU D 0.02%
UPLD B 0.02%
NKTX F 0.02%
ABUS D 0.02%
MCB B 0.02%
ONB C 0.02%
SPOK B 0.02%
MRSN D 0.02%
JBSS F 0.02%
XNCR B 0.02%
PBYI C 0.02%
GPRE F 0.02%
ACET F 0.02%
TSE F 0.02%
PRAA D 0.02%
DOC C 0.02%
KPTI D 0.02%
ABSI F 0.02%
FCF B 0.02%
VERA C 0.02%
KYMR D 0.02%
YMAB F 0.02%
NABL F 0.02%
SWTX C 0.02%
HROW D 0.02%
GCI D 0.02%
BRY F 0.02%
ANIP F 0.02%
SPCE D 0.01%
STNE F 0.01%
INO F 0.01%
ALVR F 0.01%
ZDGE F 0.01%
FGEN D 0.01%
IMVT F 0.01%
ADAP F 0.01%
CHRS D 0.01%
SMMT D 0.01%
XBIT F 0.01%
SUPN C 0.01%
RCKY F 0.01%
FESM Underweight 134 Positions Relative to FFSM
Symbol Grade Weight
UHS D -1.5%
FTI A -1.47%
TPX B -1.46%
ACGL C -1.45%
EXP B -1.44%
MUSA B -1.34%
NSIT F -1.33%
AR B -1.27%
BJ A -1.22%
ITT A -1.2%
CROX D -1.17%
PFGC B -1.16%
USFD A -1.16%
VRT B -1.14%
SN D -1.11%
JLL D -1.1%
MOH F -1.1%
CACI D -1.06%
WHD B -1.01%
CR A -1.01%
RRX B -1.01%
ORI A -0.96%
SNX D -0.95%
DOX D -0.92%
AIZ A -0.91%
TMDX F -0.9%
LNG A -0.9%
DFS B -0.89%
SNV C -0.88%
DKS D -0.84%
STX C -0.84%
AYI B -0.81%
TGLS B -0.81%
FAF A -0.77%
ALSN B -0.76%
BC C -0.76%
VTR B -0.76%
RGA A -0.76%
NXST C -0.75%
PNFP B -0.73%
PCG A -0.72%
HLI A -0.71%
GPK C -0.71%
AEIS C -0.66%
ACM B -0.66%
ASGN F -0.65%
AES F -0.65%
LPX B -0.65%
FCNCA A -0.63%
ON D -0.62%
MMS F -0.6%
LBRT D -0.59%
G B -0.59%
VNT C -0.59%
CBT D -0.59%
WBS A -0.57%
NOG B -0.57%
MTSI B -0.57%
PRI B -0.56%
EPRT B -0.56%
HOLX D -0.56%
XPO B -0.56%
CHDN B -0.54%
ESI B -0.54%
CIEN C -0.53%
ASO F -0.53%
WTFC A -0.52%
CRL D -0.52%
CWK C -0.51%
RJF A -0.51%
PVH C -0.51%
HAYW B -0.51%
IESC C -0.51%
GMS B -0.51%
WIX A -0.5%
AFG A -0.49%
EBC B -0.49%
CNM D -0.47%
KBR F -0.46%
BOKF B -0.46%
BLDR D -0.46%
OLN F -0.45%
PRCT B -0.44%
LITE B -0.44%
NOMD D -0.42%
AXTA B -0.42%
ARGX B -0.41%
LW C -0.4%
MASI B -0.39%
IP A -0.37%
CXT C -0.36%
CAH B -0.36%
GVA A -0.35%
AZZ A -0.34%
GTES A -0.33%
FLEX B -0.31%
AZEK A -0.3%
ARCB C -0.3%
MTB A -0.3%
SKY A -0.3%
LEA F -0.3%
GRBK D -0.3%
CNXC F -0.29%
IBTX B -0.29%
LCII C -0.29%
AMN F -0.27%
ALGM D -0.24%
LAUR A -0.24%
DOOO F -0.23%
PATK C -0.2%
RGEN D -0.19%
KFRC D -0.18%
AAP D -0.15%
XPRO D -0.14%
MNDY C -0.14%
KROS D -0.13%
ELVN D -0.12%
VRDN D -0.12%
OMI F -0.12%
ANAB F -0.11%
CSTM F -0.11%
TYRA F -0.11%
LBPH A -0.1%
ICLR D -0.1%
XENE D -0.09%
AUTL F -0.08%
MRUS F -0.07%
ATKR D -0.01%
FIBK B -0.01%
CC C -0.01%
LPLA A -0.01%
STLD B -0.01%
AME A -0.01%
ALXO F -0.0%
Compare ETFs