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Fidelity Enhanced Small Cap ETF
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Trading data
FESM performance and flow charts
Performance
Flows
Historic performance and flows
Data as of March 10, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -4.76% | -0.09% | +2.28% | +33.23% | ||
| Flows | +$184M | +$780M | +$592M | +$1.41B | - | - |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +18.69% | +23.21% | ||
Max drawdown | -6.68% | -16.30% | ||
Max drawdown duration | 47d | 52d | N/A | N/A |
Time to recover | N/A | 38d | N/A | N/A |
Exposure
Data as of January 31, 2026Countries
Sectors
Diversification
Total weight of top 15 holdings out of 578
Top 15 Holdings
Characteristics
This share class generates a stream of income by distributing dividends.
| Management strategy | Active |
| Provider | Fidelity |
| N° of holdings | 578 |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 20, 2023 |
| ESG | No |
What type of ETF is FESM?
FESM is a Active ETF that provides exposure to Equity assets. It is managed by Fidelity.
What does FESM invest in?
This ETF provides exposure to Other Small Cap US Equities. It is part of the segment: US Small Cap.
What is the expense ratio of FESM?
The total expense ratio (TER) of FESM is 0.28%, representing the annual fee charged by the fund manager.
When was FESM launched?
FESM was launched on November 20, 2023, marking its entry into the ETF market.
Who is the issuer of FESM?
FESM is issued by Fidelity.
What is the AUM of FESM?
As of March 10, 2026, FESM manages $4.00 B, reflecting the total assets held in the fund.
How has FESM performed recently?
As of March 10, 2026, FESM delivered a return of -4.76% over the past month (1M performance), -0.09% over the past three months (3M), and 2.28% year-to-date (YTD).
What are the recent fund flows for FESM?
As of March 10, 2026, FESM has seen net flows of +$184M in the past month (1M flow) and +$592M year-to-date (YTD).
Does FESM pay dividends?
As of March 10, 2026, FESM has a trailing 12-month distribution yield of 0.8%.
How many holdings are in FESM
As of January 31, 2026, FESM holds 578 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is FESM?
As of January 31, 2026, FESM holds 578 securities, with 13.61% of its assets concentrated in its top 15 holdings.
What are the top holdings of FESM?
As of January 31, 2026, FESM holds a portfolio of 578 underlyings, with its largest positions including BLOOM ENERGY CORP, COEUR MINING INC and CREDO TECHNOLOGY GROUP HOLDING. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does FESM invest in?
As of January 31, 2026, FESM has its largest geographic exposures in USA.
What sectors or themes does FESM focus on?
As of January 31, 2026, FESM is primarily exposed to Industrials, Information Technology and Financials.
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