FSMD — Fidelity Small-Mid Multifactor ETF
Fidelity Small-Mid Multifactor ETF (FSMD)
FSMD pays a 1.26% distribution rate, quarterly, on a 0.15% expense ratio. Its Distribution Safety Score™ is 82 (Safe), giving a Safety-Adjusted Yield of 1.03%. Distributions grew 8.9% over the past year. Total return is 137.4% over the past 7.5 years, 74.0 points behind SPY at 211.4%. Its deepest 1-year drawdown was 8.4%.
Fidelity Small-Mid Multifactor ETF is an exchange-traded fund that tracks the Fidelity Small-Mid Multifactor Index, investing at least 80% of assets in U.S. small- and mid-cap stocks selected for attractive valuations, high quality, positive momentum, and lower volatility relative to the broader market. The fund offers a modest current distribution rate paid quarterly and carries a low expense ratio of 0.15%. It appeals to equity investors seeking exposure to smaller companies with multifactor-based stock selection within a low-cost structure.
FSMD key facts
- Distribution Safety Score™
- 82 · Safe
- Safety-Adjusted Yield
- 1.03%
- Issuer
- Fidelity Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 02/26/2019
- Expense ratio
- 0.15%
- Distribution rate
- 1.26%
- Distribution frequency
- Quarterly
- Trailing yield
- 1.20%
- Last close
- $53.18
- AUM
- $2,611,149,903
- Average volume
- 104600.0
- Last dividend
- $0.1680
- Ex-dividend date
- 06/18/2026
- Payment date
- 06/23/2026
- Beta
- 0.96
- P/E ratio
- 19.5308
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