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FFSM - ETF AI Analysis
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Fidelity Fundamental Small-Mid Cap ETF (FFSM)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as IES Holdings and Fabrinet, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Financials, and Technology, reducing reliance on any single industry.
Reasonable Expense Ratio
The fund's expense ratio of 0.43% is competitive for actively managed ETFs, helping investors keep more of their returns.
Negative Factors
Limited Geographic Exposure
The ETF is almost entirely focused on U.S. companies, leaving investors vulnerable to domestic market risks.
Underperforming Holding
Eagle Materials, one of the top holdings, has shown negative year-to-date performance, which could drag on the fund's overall returns.
High Concentration in Industrials
With over 22% of the portfolio allocated to Industrials, the fund is heavily exposed to risks specific to this sector.
FFSM vs. SPDR S&P 500 ETF (SPY)
AUM873.16M
RegionGlobal
Expense Ratio0.43%
Beta1.01
IssuerFidelity
Inception DateFeb 02, 2021
Dividend Yield0.63%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume222,889
30 Day Avg. Volume92,346
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
35.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering193
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FFSM Summary
The Fidelity Fundamental Small-Mid Cap ETF (FFSM) is designed to give investors exposure to small and mid-sized companies in the U.S. market. These companies are chosen based on strong financial fundamentals like earnings growth and solid balance sheets. FFSM includes businesses across various sectors, such as technology and industrials, and holds companies like TechnipFMC and US Foods Holding. This ETF could be a good choice for investors seeking growth and diversification by tapping into the potential of smaller, emerging firms. However, new investors should know that small and mid-cap stocks can be more volatile than larger companies, which means their prices can rise or fall quickly.
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
The Fidelity Fundamental Small-Mid Cap ETF is leaning heavily on industrials and financials, which together make up over 40% of its portfolio, showcasing a clear preference for sectors tied to economic growth and infrastructure. Rising names like TechnipFMC and SPX Technologies are helping drive performance, buoyed by strong earnings and positive momentum. However, lagging stocks such as Eagle Materials and US Foods Holding are holding the fund back, with bearish trends and operational challenges weighing on returns. With a global focus, this ETF offers a dynamic mix of growth opportunities but faces headwinds from select underperformers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Somnigroup International | 1.77% | $13.33M | $19.21B | 63.49% | 67 Neutral | |
| TechnipFMC | 1.71% | $12.89M | $18.31B | 44.28% | 80 Outperform | |
| IES Holdings | 1.69% | $12.72M | $8.31B | 35.08% | 74 Outperform | |
| Fabrinet | 1.43% | $10.79M | $16.46B | 95.84% | 80 Outperform | |
| US Foods Holding | 1.41% | $10.62M | $17.54B | 12.76% | 73 Outperform | |
| ITT | 1.37% | $10.30M | $14.36B | 17.96% | 77 Outperform | |
| Performance Food Group | 1.31% | $9.83M | $15.22B | 10.01% | 63 Neutral | |
| Eagle Materials | 1.29% | $9.73M | $7.17B | -27.58% | 67 Neutral | |
| FirstCash | 1.29% | $9.68M | $6.99B | 45.52% | 71 Outperform | |
| SPX | 1.28% | $9.62M | $10.72B | 21.88% | 75 Outperform |
FFSM Technical Analysis
Positive
―
Price Trends
29.41
Positive
28.84
Positive
27.29
Positive
Market Momentum
0.22
Negative
63.65
Neutral
93.50
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 29.67, equal to the 50-day MA of 29.41, and equal to the 200-day MA of 27.29, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 63.65 is Neutral, neither overbought nor oversold. The STOCH value of 93.50 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
30.71
1.63
5.61%
FFLC
Fidelity Fundamental Large Cap Core ETF
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RGEF
Rockefeller Global Equity ETF
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TSME
Thrivent Small-Mid Cap ESG ETF
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KAT
Scharf ETF
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FHEQ
Fidelity Hedged Equity ETF
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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.
Disclaimer
This 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: ―
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