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Upturn AI SWOT - About
Fidelity Small-Mid Factor (FSMD)
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Upturn Advisory Summary
07/10/2025: FSMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 27.05% | Avg. Invested days 85 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/10/2025 |
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
The Fidelity Small-Mid Factor ETF (FSMO) seeks to provide investment results that correspond to the performance of the Fidelity Small-Mid Factor Index, focusing on U.S. small- and mid-cap stocks with attractive valuation, quality, and momentum factors.
Reputation and Reliability
Fidelity is a well-established and reputable asset manager with a long history of offering various investment products.
Management Expertise
Fidelity has a team of experienced portfolio managers and analysts specializing in factor-based investing and small-mid cap equities.
Investment Objective
Goal
To track the performance of the Fidelity Small-Mid Factor Index, reflecting the performance of small- and mid-cap U.S. equities with factor tilts toward value, quality, and momentum.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the Fidelity Small-Mid Factor Index. This index utilizes a rules-based methodology to select and weight securities based on factors such as valuation, quality, and momentum.
Composition The ETF primarily holds a diversified portfolio of small- and mid-cap U.S. stocks.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 476600000
Competitors
Key Competitors
- IJR
- VIOO
- XSMO
Competitive Landscape
The competitive landscape is composed of ETFs focusing on small- and mid-cap stocks. FSMO differentiates itself through its factor-based approach, aiming for enhanced returns. Compared to broader market ETFs like IJR and VIOO, FSMO offers a more targeted exposure but carries factor selection risk. XSMO also focuses on factors, making it a direct competitor, and relative performance will depend on factor efficacy.
Financial Performance
Historical Performance: Historical performance data unavailable without dynamic data access.
Benchmark Comparison: Performance comparison data unavailable without dynamic data access.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The average trading volume is moderate, indicating sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally tight, suggesting reasonable trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and investor sentiment towards small- and mid-cap companies influence FSMO's performance. Sector-specific trends within the small- and mid-cap universe also impact the ETF.
Growth Trajectory
FSMO's growth depends on the continued interest in factor-based investing and the relative performance of its chosen factors (valuation, quality, momentum) within the small- and mid-cap space. Changes to the underlying index methodology could also influence its future trajectory.
Moat and Competitive Advantages
Competitive Edge
FSMO leverages Fidelity's established brand and expertise in factor-based investing. Its factor selection methodology aims to outperform traditional market-cap weighted indexes by identifying undervalued, high-quality, and trending stocks. The relatively low expense ratio compared to some actively managed funds is also a competitive advantage. However, the success of the ETF hinges on the continued effectiveness of its factor strategy, and there's no guarantee it will consistently outperform the market.
Risk Analysis
Volatility
The ETF's volatility is expected to be similar to that of other small- and mid-cap equity funds.
Market Risk
The ETF is exposed to market risk inherent in investing in equities, particularly small- and mid-cap stocks. Factor-specific risks also exist if the chosen factors underperform.
Investor Profile
Ideal Investor Profile
Investors seeking targeted exposure to small- and mid-cap stocks with a factor tilt towards value, quality, and momentum.
Market Risk
FSMO is suitable for long-term investors with a moderate to high risk tolerance who believe in the potential for factor-based investing to enhance returns.
Summary
The Fidelity Small-Mid Factor ETF (FSMO) offers exposure to a basket of small- and mid-cap US stocks selected based on value, quality, and momentum factors. With a moderate expense ratio and the backing of a reputable issuer, FSMO appeals to investors seeking targeted factor exposure within the small-mid cap space. Performance will depend on the efficacy of its factor strategy and broader market conditions, making it suitable for long-term investors with a higher risk tolerance. The ETF's success relies on its factor methodology consistently delivering superior returns compared to market-cap weighted indices.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Fidelity Investments website
- ETF.com
- Morningstar
Disclaimers:
Investment in ETFs involves risk, including the possible loss of principal. Past performance is not indicative of future results. The information provided is for informational purposes only and should not be considered investment advice.
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.