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Upturn AI SWOT - About
Fidelity Small-Mid Factor (FSMD)
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Upturn Advisory Summary
08/29/2025: FSMD (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 31.24% | Avg. Invested days 94 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.04 | 52 Weeks Range 33.83 - 44.69 | Updated Date 06/30/2025 |
52 Weeks Range 33.83 - 44.69 | Updated Date 06/30/2025 |
Upturn AI SWOT
Fidelity Small-Mid Factor
ETF Overview
Overview
Fidelity Small-Mid Factor ETF (FSMO) aims to provide investment returns that correspond to the performance of the Russell RAFI US Small-Mid Index, reflecting a factor-based approach to small and mid-cap stocks.
Reputation and Reliability
Fidelity is a well-established and reputable asset manager with a long history in the financial industry.
Management Expertise
Fidelity has a team of experienced investment professionals managing its ETFs and mutual funds.
Investment Objective
Goal
To provide investment returns that correspond to the performance of the Russell RAFI US Small-Mid Index.
Investment Approach and Strategy
Strategy: Tracks the Russell RAFI US Small-Mid Index, which uses fundamental measures rather than market capitalization to weight securities.
Composition Primarily holds stocks of small and mid-sized U.S. companies.
Market Position
Market Share: FSMO has a smaller market share compared to broad market ETFs, but its factor-based strategy attracts a specific investor base.
Total Net Assets (AUM): 300000000
Competitors
Key Competitors
- IJR
- VIOV
- AVUV
Competitive Landscape
The small-mid cap ETF market is competitive. FSMO differentiates itself with its fundamental indexing methodology, but faces competition from market-cap weighted ETFs like IJR. FSMO's fundamental weighting could outperform market-cap weighting in certain market conditions, but might underperform in others. The size and AUM of competitors gives them more efficiency in some instances.
Financial Performance
Historical Performance: Historical performance data is available from Fidelity and financial data providers.
Benchmark Comparison: The ETF's performance should be compared to the Russell RAFI US Small-Mid Index.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The average trading volume is moderate, which may affect order execution costs, especially for large trades.
Bid-Ask Spread
The bid-ask spread is generally tight, but may widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and sector-specific trends can affect FSMO's performance.
Growth Trajectory
The growth trajectory depends on the popularity of factor-based investing and the performance of small and mid-cap stocks.
Moat and Competitive Advantages
Competitive Edge
FSMO's fundamental indexing strategy differentiates it from market-cap weighted ETFs, potentially leading to better risk-adjusted returns. Fidelity's established brand and distribution network provide a competitive advantage. The factor-based approach may outperform in certain economic environments where fundamentally strong companies are favored. The fund's expense ratio is competitive within its peer group. It gives investors access to this factor-based strategy in a cost-effective way.
Risk Analysis
Volatility
FSMO's volatility is similar to other small and mid-cap ETFs.
Market Risk
FSMO is subject to market risk, including the risk of losses due to economic downturns or changes in investor sentiment.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to small and mid-cap stocks with a factor-based approach, and who believe in the long-term benefits of fundamental indexing.
Market Risk
Suitable for long-term investors seeking to diversify their portfolios with factor-based strategies.
Summary
Fidelity Small-Mid Factor ETF (FSMO) offers a factor-based approach to investing in small and mid-cap stocks, tracking the Russell RAFI US Small-Mid Index. It appeals to investors seeking diversification through fundamentally weighted stocks. While it competes with traditional market-cap weighted ETFs, its factor strategy aims for potentially better risk-adjusted returns. Fidelity's reputation and competitive expense ratio add to its appeal, making it a suitable choice for long-term investors. However investors should be aware of associated market risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments
- Morningstar
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share data is approximate and may vary depending on the source and date.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity Small-Mid Factor
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Multifactor Index", which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index".
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.