FFSM vs. SMLV ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to SPDR Russell 2000 Low Volatility (SMLV)
FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$25.92

Average Daily Volume

21,377

Number of Holdings *

158

* may have additional holdings in another (foreign) market
SMLV

SPDR Russell 2000 Low Volatility

SMLV Description The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$112.13

Average Daily Volume

4,440

Number of Holdings *

411

* may have additional holdings in another (foreign) market
Performance
Period FFSM SMLV
30 Days 6.54% 5.21%
60 Days 0.62% 2.81%
90 Days 6.61% 4.08%
12 Months 26.60% 13.99%
12 Overlapping Holdings
Symbol Grade Weight in FFSM Weight in SMLV Overlap
AEIS B 0.66% 0.06% 0.06%
ASGN C 0.76% 0.06% 0.06%
CACC D 0.41% 0.08% 0.08%
CNXC F 0.39% 0.07% 0.07%
ESGR A 0.34% 1.26% 0.34%
FSS A 0.57% 0.12% 0.12%
HELE D 0.28% 0.06% 0.06%
KFRC D 0.22% 0.09% 0.09%
LAUR B 0.08% 0.08% 0.08%
NOMD C 0.48% 0.11% 0.11%
PBH D 0.07% 0.14% 0.07%
RUSHA D 0.37% 0.09% 0.09%
FFSM Overweight 146 Positions Relative to SMLV
Symbol Grade Weight
FTI B 1.63%
TPX C 1.58%
EME A 1.51%
AZO D 1.46%
AR C 1.41%
VRT B 1.4%
MOH D 1.36%
CROX B 1.26%
UHS C 1.23%
ACGL A 1.23%
XPO D 1.21%
MUSA A 1.2%
BJ B 1.15%
RRX D 1.14%
PFGC D 1.14%
ITT A 1.12%
EXP A 1.09%
USFD B 1.06%
DKS D 1.02%
FN B 1.01%
PVH D 1.0%
DOX F 0.99%
LPLA C 0.97%
NSIT A 0.93%
WHD C 0.92%
AIZ D 0.88%
ATKR D 0.88%
FAF D 0.87%
DFS C 0.86%
ORI A 0.86%
CHDN B 0.84%
LNG D 0.84%
CACI A 0.84%
VNT D 0.83%
NXST B 0.82%
AYI C 0.82%
AME D 0.82%
JLL B 0.81%
BC D 0.8%
AIT C 0.79%
SNX A 0.75%
STX C 0.73%
CRL D 0.73%
GPK C 0.72%
PRI D 0.72%
GVA A 0.71%
RGA A 0.7%
ON F 0.7%
MEDP D 0.7%
BECN C 0.7%
ACHC D 0.67%
ALSN D 0.67%
STLD D 0.67%
ACM D 0.66%
PNFP C 0.66%
CMC B 0.66%
SNV A 0.65%
SN A 0.65%
KBR B 0.65%
TGLS C 0.64%
CNM A 0.64%
PCG B 0.64%
CC B 0.63%
WBS D 0.63%
G D 0.63%
AES B 0.6%
CAH F 0.59%
DT D 0.59%
HLI A 0.59%
FCNCA B 0.59%
MMS B 0.58%
HOLX D 0.57%
OLN D 0.57%
CADE B 0.57%
RJF B 0.56%
TENB F 0.56%
CIEN D 0.56%
KBH B 0.55%
LPX A 0.54%
VTR B 0.54%
AFG C 0.52%
ESI D 0.52%
WTFC B 0.52%
HAYW C 0.52%
CBT A 0.51%
MTSI B 0.51%
EXLS C 0.5%
OI F 0.49%
LBRT B 0.48%
LSCC F 0.48%
BCO A 0.46%
WSC D 0.46%
LGIH D 0.46%
EPRT A 0.45%
EBC B 0.44%
ASO F 0.43%
LEA D 0.43%
BOKF A 0.43%
CHX D 0.43%
LITE F 0.41%
CWK B 0.4%
FBP A 0.39%
FROG D 0.38%
FIBK B 0.36%
OMI F 0.35%
BOOT C 0.35%
FLEX C 0.35%
TMDX B 0.34%
ICHR D 0.34%
NOG C 0.34%
DOOO C 0.32%
LCII D 0.32%
DIOD D 0.31%
ARGX D 0.31%
WST D 0.31%
PGNY F 0.3%
EAT A 0.29%
ALGM D 0.29%
PRO F 0.29%
RGEN D 0.25%
MTB A 0.25%
IBTX C 0.24%
CSTM D 0.23%
TEX C 0.21%
PATK C 0.21%
MDGL D 0.2%
CRNX B 0.18%
XPRO B 0.18%
CYTK D 0.16%
VCEL B 0.15%
ECPG C 0.14%
ACLX F 0.13%
NUVL D 0.13%
CLDX D 0.13%
ICLR D 0.12%
PCVX D 0.11%
XENE D 0.09%
AXSM D 0.09%
TCBK B 0.07%
ARVN F 0.07%
MORF F 0.06%
VRNA F 0.06%
TXG F 0.05%
ZNTL F 0.03%
KROS D 0.02%
ALXO C 0.01%
FFSM Underweight 399 Positions Relative to SMLV
Symbol Grade Weight
NNI A -1.83%
THG A -1.62%
PJT B -1.4%
CBU B -1.38%
ONB A -1.34%
PRK A -1.23%
NBTB B -1.22%
VIRT A -1.18%
CHCO B -1.17%
MGRC D -1.09%
HMN C -1.09%
IBOC A -1.08%
NWBI C -1.06%
FFIN C -1.05%
WU D -1.04%
BUSE B -1.01%
NBHC B -1.01%
GCMG C -1.01%
TOWN B -1.0%
CNO A -0.99%
WABC B -0.98%
FULT A -0.96%
TRMK A -0.94%
FCF B -0.9%
SAFT B -0.89%
RDN C -0.89%
HOMB B -0.88%
WAFD B -0.88%
BLX B -0.87%
EFSC B -0.87%
SYBT B -0.87%
AGM D -0.85%
NIC C -0.84%
WSBC C -0.84%
LKFN C -0.82%
EVTC D -0.82%
EIG D -0.82%
GBCI C -0.82%
STBA B -0.81%
SASR B -0.8%
PEBO B -0.79%
PAX F -0.77%
QCRH B -0.76%
EQC B -0.75%
CVII A -0.74%
SFNC D -0.74%
OBK B -0.73%
SRCE B -0.72%
GABC D -0.72%
AMSF D -0.68%
PFS B -0.63%
SBSI D -0.62%
BRKL D -0.6%
BFC C -0.59%
CTBI B -0.59%
FBMS C -0.57%
FMBH B -0.53%
NFG A -0.52%
UVSP A -0.51%
CFFN D -0.5%
TRIN B -0.5%
HFWA B -0.5%
TMP D -0.49%
BHRB F -0.49%
FCBC B -0.43%
TRST B -0.42%
CATC B -0.4%
GSBC B -0.37%
MCBS A -0.36%
CAC B -0.36%
FLO B -0.36%
FMNB C -0.35%
THFF B -0.34%
HONE B -0.33%
DHIL C -0.33%
SLAM A -0.33%
HTBI B -0.32%
AROW C -0.32%
CCNE C -0.32%
BHB B -0.31%
NFBK D -0.29%
MCBC A -0.29%
EBF C -0.28%
CCBG C -0.28%
ALRS D -0.28%
ARTNA B -0.27%
IDA B -0.26%
ESQ B -0.26%
GLRE A -0.26%
KRNY F -0.26%
NWE B -0.25%
SMBK B -0.25%
MPB B -0.24%
SPFI B -0.24%
HIFS B -0.23%
SBR C -0.23%
PNM C -0.23%
CPK B -0.22%
FMAO B -0.22%
BKH B -0.22%
BSRR B -0.22%
FBIZ B -0.21%
ORRF B -0.21%
NWN B -0.21%
MGEE A -0.21%
SR B -0.21%
NPK B -0.21%
PFIS D -0.21%
ACNB F -0.21%
AIRC A -0.21%
AGX A -0.2%
FSBC C -0.2%
HBCP B -0.2%
PECO F -0.2%
CZNC C -0.2%
WTBA B -0.2%
SLGN B -0.2%
VLGEA A -0.19%
TRC C -0.19%
EBTC C -0.19%
NHC B -0.19%
GNTY B -0.19%
BWB B -0.19%
FNLC C -0.18%
PSTL C -0.18%
GTY B -0.18%
SXT A -0.18%
JJSF B -0.17%
FSBW C -0.17%
TRS B -0.17%
FRST D -0.17%
FLIC D -0.17%
GPOR D -0.17%
DEA B -0.17%
CTO B -0.16%
WSBF B -0.16%
CSR A -0.15%
ICFI B -0.15%
AFCG B -0.15%
NTST B -0.15%
FELE C -0.15%
UTMD F -0.15%
SCL C -0.15%
WERN D -0.15%
HTLD D -0.15%
BMI A -0.14%
JBSS C -0.14%
HSTM B -0.14%
EXPO B -0.14%
CBZ C -0.14%
LTC A -0.14%
COLM B -0.14%
LXP D -0.14%
CBNK D -0.14%
PKE D -0.14%
GENC A -0.14%
RGP F -0.13%
ASH A -0.13%
MRTN D -0.13%
GOOD A -0.13%
SMP C -0.13%
CSWI A -0.13%
GEF D -0.13%
CHCT F -0.13%
BRC B -0.13%
BNL B -0.13%
UNF D -0.13%
ARKO D -0.13%
GATX C -0.13%
CALM D -0.12%
OSIS C -0.12%
MLR B -0.12%
PINC F -0.12%
VMI B -0.12%
PLXS B -0.12%
VAL C -0.12%
NHI A -0.12%
HCC C -0.12%
BCAL F -0.12%
FCPT B -0.12%
TGNA B -0.12%
ACA A -0.12%
CVLT A -0.11%
GHC A -0.11%
SXC D -0.11%
KREF F -0.11%
LNN C -0.11%
HUBG B -0.11%
SNDR D -0.11%
HNI A -0.11%
NTCT F -0.11%
CTRE C -0.11%
AROC B -0.11%
UFPT B -0.11%
CSGS F -0.11%
MWA A -0.11%
KW C -0.11%
BHE A -0.11%
CASS D -0.11%
WEN C -0.11%
UHT C -0.11%
MTX A -0.1%
GMRE C -0.1%
IRT B -0.1%
TRNS A -0.1%
WINA C -0.1%
HCKT F -0.1%
PCH D -0.1%
ADUS A -0.1%
ROAD C -0.1%
ALG D -0.1%
AHH B -0.1%
WDFC D -0.1%
BFS C -0.1%
TNC D -0.1%
HIW B -0.1%
MSGS B -0.1%
IOSP B -0.1%
PRGS F -0.1%
PBT D -0.1%
GRC D -0.1%
ESE C -0.1%
PAHC A -0.09%
CENT B -0.09%
CMPO C -0.09%
DK D -0.09%
FTDR B -0.09%
SXI C -0.09%
CRC F -0.09%
MGIC B -0.09%
LOPE B -0.09%
JBGS F -0.09%
PLOW C -0.09%
PSMT A -0.09%
NCNO C -0.09%
HWKN B -0.09%
DNB B -0.09%
MOG.A A -0.09%
DORM C -0.09%
RDWR C -0.09%
HSII C -0.09%
AVT A -0.09%
CUZ B -0.09%
LMAT A -0.09%
FPI B -0.09%
DEI B -0.09%
DRQ F -0.09%
INVA B -0.09%
SFL A -0.09%
BLKB C -0.09%
SPOK F -0.08%
HUN D -0.08%
CRI F -0.08%
RLGT F -0.08%
SPNS B -0.08%
LZB C -0.08%
KN B -0.08%
STRA B -0.08%
ABM B -0.08%
FORR F -0.08%
PRIM B -0.08%
SQSP A -0.08%
ACIW A -0.08%
VPG F -0.08%
ECVT D -0.08%
AZZ C -0.08%
ATNI F -0.08%
CMCO A -0.08%
ENS B -0.08%
CCOI F -0.08%
CNNE D -0.08%
GLDD C -0.08%
VSH C -0.08%
SRCL D -0.08%
APOG A -0.08%
CTS A -0.08%
RGR F -0.08%
PRGO D -0.08%
FSTR A -0.08%
PRDO B -0.08%
LILAK B -0.08%
RNGR F -0.08%
APLE D -0.08%
GPRK B -0.08%
OMCL C -0.07%
ZD D -0.07%
ADMA B -0.07%
HURN F -0.07%
LIVN B -0.07%
MLAB B -0.07%
PDCO F -0.07%
POWI C -0.07%
SUPN F -0.07%
MRCY D -0.07%
ATEN B -0.07%
AIN D -0.07%
AMSWA F -0.07%
JBT D -0.07%
SHOO C -0.07%
ICUI C -0.07%
JBI D -0.07%
AMN F -0.07%
HAE A -0.07%
WEYS F -0.07%
ITRN C -0.07%
CABO F -0.07%
SANM B -0.07%
MODN B -0.07%
PLUS B -0.07%
MATW D -0.07%
HOLI D -0.07%
ARCH D -0.07%
PCRX D -0.07%
FUL C -0.07%
TTMI A -0.07%
MYRG D -0.07%
BBSI B -0.07%
MEI F -0.07%
ENV B -0.07%
ITGR D -0.07%
KAI D -0.07%
EPAC A -0.07%
USPH C -0.06%
OXM B -0.06%
NVST F -0.06%
IPGP D -0.06%
OFIX C -0.06%
NATR F -0.06%
KIDS C -0.06%
AMED A -0.06%
VRNT C -0.06%
BL D -0.06%
ETD D -0.06%
USNA D -0.06%
SCHL F -0.06%
NVEC F -0.06%
CVCO C -0.06%
HI F -0.06%
GPI B -0.06%
MMSI B -0.06%
WK D -0.06%
VIAV F -0.06%
SATS C -0.06%
NRC F -0.06%
TPH A -0.06%
SPB B -0.06%
VECO B -0.06%
SHEN D -0.06%
SEM A -0.06%
FORM A -0.06%
IART F -0.06%
JOUT F -0.06%
BOX D -0.06%
IRDM D -0.06%
SCSC A -0.06%
MNRO F -0.06%
AVNS C -0.06%
AGIO C -0.05%
CBRL F -0.05%
VREX F -0.05%
CEVA F -0.05%
CORT B -0.05%
NARI D -0.05%
ARCO C -0.05%
ANIP C -0.05%
GKOS A -0.05%
ANIK C -0.05%
BOWL F -0.05%
OGN B -0.05%
ALRM D -0.05%
AMPH F -0.05%
IRWD F -0.05%
ALKS F -0.05%
RDNT A -0.05%
CNMD F -0.05%
PZZA F -0.05%
THRM F -0.05%
CSV B -0.05%
IRMD C -0.05%
ATEX F -0.05%
MTRN D -0.05%
XNCR C -0.05%
HLF C -0.05%
TTGT D -0.05%
AAP D -0.05%
IBEX D -0.05%
IMTX D -0.04%
NEOG F -0.04%
HRMY F -0.04%
ZIP F -0.04%
LEG F -0.04%
TBPH C -0.04%
PTCT C -0.04%
SRDX C -0.04%
AZTA F -0.03%
RARE F -0.03%
ATRC F -0.03%
INSM D -0.03%
ACAD F -0.02%
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