Fidelity Small-Mid Multifactor ETF (FSMD)

Fidelity Small-Mid Multifactor ETF (FSMD) is an exchange-traded fund in the Small Blend category. It has $2.53B in assets, an expense ratio of 0.15% and a 1.25% dividend yield. 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?.