FFSM - ETF AI Analysis
Top Page
Fidelity Fundamental Small-Mid Cap ETF (FFSM)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating positive momentum in its strategy.
Broad Sector Diversification
Holdings are spread across many sectors, including industrials, technology, financials, consumer areas, and health care, which helps reduce the impact of weakness in any single industry.
Multiple Strong Top Holdings
Several of the largest positions, such as Lumentum Holdings, TechnipFMC, Fabrinet, and Advanced Energy, have delivered strong year-to-date performance that supports the fund’s overall returns.
Negative Factors
Higher Expense Ratio for an ETF
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees each year.
Heavy U.S. Market Concentration
With essentially all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly tied to the U.S. market’s ups and downs.
Exposure to a Weak Top Holding
One of the top positions, Somnigroup International, has shown weak performance this year, which can drag on the fund if it continues to lag.
FFSM vs. SPDR S&P 500 ETF (SPY)
AUM1.25B
RegionGlobal
Expense Ratio0.43%
Beta0.98
IssuerFidelity
Inception DateFeb 02, 2021
Dividend Yield0.48%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume205,130
30 Day Avg. Volume177,907
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
41.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering209
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FFSM Summary
The Fidelity Fundamental Small-Mid Cap ETF (FFSM) focuses on smaller and mid-sized U.S. companies that are often missing from big-name indexes like the S&P 500. It does not track a set index, but instead picks stocks based on company strength, such as solid earnings and cash flow. The fund spreads investments across many sectors, including industrials, technology, and financials, and holds companies like US Foods Holding and FirstCash. Someone might invest in FFSM for long-term growth and added diversification beyond large caps. A key risk is that smaller-company stocks can be more volatile and may go up and down more than the overall market.
How much will it cost me?The Fidelity Fundamental Small-Mid Cap ETF (FFSM) has an expense ratio of 0.43%, meaning you’ll pay $4.30 per year for every $1,000 invested. This is slightly higher than average because the fund is actively managed, focusing on selecting small to mid-cap companies with strong fundamentals rather than tracking a broad index.
What would affect this ETF?The Fidelity Fundamental Small-Mid Cap ETF (FFSM) could benefit from economic growth and innovation, as its focus on small to mid-sized companies with strong fundamentals positions it to capitalize on emerging opportunities in sectors like Industrials, Technology, and Consumer Cyclical. However, it may face challenges from rising interest rates, which can increase borrowing costs for smaller companies, or economic slowdowns that could disproportionately impact these less established firms. Additionally, its global exposure could make it vulnerable to geopolitical tensions or international market volatility.
FFSM Top 10 Holdings
FFSM is leaning hard into U.S.-focused industrial and tech names, and that’s where most of the action is. Comfort Systems, Fabrinet, Advanced Energy, and IES Holdings have been rising, giving the fund a solid tailwind from construction, aerospace, and electronics demand. Energy player TechnipFMC is also pulling its weight, adding a bit of cyclical punch. The main soft spot is Somnigroup International, which has been lagging lately and slightly dulling returns. Overall, performance is being driven by a tight cluster of smaller industrial and tech winners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TechnipFMC | 2.04% | $22.25M | $29.74B | 154.96% | 80 Outperform | |
| Lumentum Holdings | 1.90% | $20.70M | $69.70B | 1445.32% | 61 Neutral | |
| Fabrinet | 1.78% | $19.34M | $25.72B | 224.94% | 78 Outperform | |
| Advanced Energy | 1.62% | $17.64M | $14.72B | 251.72% | 67 Neutral | |
| US Foods Holding | 1.56% | $16.96M | $20.06B | 33.05% | 74 Outperform | |
| IES Holdings | 1.55% | $16.86M | $12.48B | 160.30% | 76 Outperform | |
| Comfort Systems | 1.52% | $16.58M | $66.60B | 334.64% | 80 Outperform | |
| Somnigroup International | 1.42% | $15.52M | $15.38B | 17.90% | 72 Outperform | |
| FirstCash | 1.40% | $15.28M | $9.71B | 63.40% | 74 Outperform | |
| ATI | 1.39% | $15.16M | $21.00B | 128.39% | 78 Outperform |
FFSM Technical Analysis
Positive
―
Price Trends
33.55
Positive
32.97
Positive
31.00
Positive
Market Momentum
0.73
Negative
71.52
Negative
85.70
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FFSM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.08, equal to the 50-day MA of 33.55, and equal to the 200-day MA of 31.00, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 71.52 is Negative, neither overbought nor oversold. The STOCH value of 85.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FFSM.
FFSM Peer Comparison
Comparison Results
Performance Comparison
FFSM
Fidelity Fundamental Small-Mid Cap ETF
36.66
11.50
45.71%
JGLO
JPMorgan Global Select Equity ETF
―
―
―
BLCR
BlackRock Large Cap Core ETF
―
―
―
CGDG
Capital Group Dividend Growers ETF
―
―
―
BDYN
iShares Dynamic Equity Active ETF
―
―
―
CGGE
Capital Group Global Equity ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents