FSEG ETF — Fidelity Enhanced Small Cap Growth ETF

Fidelity Enhanced Small Cap Growth ETF (FSEG)

Updated October 16, 2026.

FSEG is an ETF. its distribution rate is 0.18%, its trailing-12-month yield is 0.08%, its expense ratio is 0.28%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -0.9% over the past 0.5 years, 7.6 points behind SPY at 6.7%.

Fidelity Enhanced Small Cap Growth ETF is an equity fund that tracks small-cap growth stocks. The fund has a very low current distribution rate and distributes quarterly. This fund appeals to growth-oriented investors seeking exposure to small-cap equities, rather than those prioritizing current income.

FSEG performance versus SPY

Price and return data through 2026-10-16.

Total return is -0.9% over the past 0.5 years, 7.6 points behind SPY at 6.7%.

FSEG key facts

Distribution Safety Score™

50 · Unproven

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Expense ratio

0.28%

Distribution rate

0.18%

Distribution frequency

Quarterly

Trailing yield

0.08%

Last close

$25.02 (as of 2026-10-16)

AUM

$7,872,373

Average volume

718.0

Dividend

$0.011

Ex-dividend date

09/18/2026

Payment date

09/22/2026

How Dividend Vision calculates yield and returns

Distribution rate (0.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.08%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FSEG risks and drawbacks

FSEG's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window.

Who may consider FSEG — and who may not

It is a weaker fit for investors who need monthly cash flow (FSEG pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FSEG

• All tickers starting with F

Tagged: Growth, Small Caps.

Frequently asked questions

More securities from Fidelity Investments.