Performance analysis of FFSM (FIDELITY FUNDAMENTAL SMALL-MID CAP ETF)
Annual Return
Over the past 3 years, FFSM has had an average annual return of +21.41%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, FFSM has had an average annual return of +10.43%, underperforming the benchmark SPY, which returned +14% annual.
Since Feb 4, 2021, FFSM has had an average annual return of +12.06%, underperforming the benchmark SPY, which returned +15.08% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +18.72% | +14.88% | +14.38% | +17.32% | -16.35% | +19.77% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.79% | +5.97% | -6.13% | +11.11% | +1.15% | +1.34% | +18.72% | ||||||
| 2025 | +5.06% | -4.99% | -5.76% | -2.38% | +6.23% | +4.06% | +1.60% | +4.36% | +1.47% | +1.03% | +4.07% | +0.06% | +14.88% |
| 2024 | -0.90% | +6.56% | +5.12% | -5.84% | +4.66% | -2.27% | +7.19% | +0.40% | +1.25% | -1.93% | +9.14% | -8.27% | +14.38% |
| 2023 | +9.21% | -1.42% | -3.95% | -1.32% | -3.62% | +9.05% | +4.43% | -2.08% | -4.96% | -5.45% | +8.97% | +9.23% | +17.32% |
| 2022 | -6.93% | -0.20% | +0.58% | -7.95% | +1.11% | -10.95% | +11.11% | -3.05% | -9.47% | +10.45% | +5.25% | -4.70% | -16.35% |
| 2021 | +3.85% | +3.22% | +4.22% | +0.30% | -0.73% | +0.67% | +3.84% | -2.97% | +5.01% | -3.66% | +4.94% | +19.77% |
Drawdown analysis of FFSM (FIDELITY FUNDAMENTAL SMALL-MID CAP ETF)
The maximum drawdown for the FFSM was -26.65%, occurring on Sep 26, 2022. Recovery took 354 trading sessions.
The current FFSM drawdown is -0.74%.
Since Feb 4, 2021 FFSM has experienced the following drawdowns:
- 20% or more: 2 times
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.65% | Nov 9, 2021 | 220 | Sep 26, 2022 | 354 | Feb 23, 2024 | 574 |
| -24.77% | Nov 25, 2024 | 90 | Apr 8, 2025 | 103 | Sep 5, 2025 | 193 |
| -10.37% | Feb 25, 2026 | 23 | Mar 30, 2026 | 9 | Apr 13, 2026 | 32 |
| -8.36% | Jul 31, 2024 | 5 | Aug 7, 2024 | 12 | Aug 23, 2024 | 17 |
| -7.40% | Mar 28, 2024 | 14 | Apr 18, 2024 | 59 | Jul 15, 2024 | 73 |
| -6.69% | May 7, 2021 | 49 | Jul 19, 2021 | 14 | Aug 6, 2021 | 63 |
| -6.16% | Mar 15, 2021 | 7 | Mar 24, 2021 | 11 | Apr 9, 2021 | 18 |
| -5.80% | May 6, 2026 | 9 | May 19, 2026 | Ongoing | Ongoing | Ongoing |
| -5.78% | Aug 23, 2024 | 9 | Sep 6, 2024 | 9 | Sep 19, 2024 | 18 |
| -5.10% | Nov 12, 2025 | 6 | Nov 20, 2025 | 3 | Nov 25, 2025 | 9 |
| -4.53% | Nov 11, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
| -4.52% | Feb 24, 2021 | 6 | Mar 4, 2021 | 4 | Mar 10, 2021 | 10 |
| -4.43% | Sep 11, 2025 | 21 | Oct 10, 2025 | 9 | Oct 23, 2025 | 30 |
| -4.16% | Aug 27, 2021 | 15 | Sep 20, 2021 | 20 | Oct 18, 2021 | 35 |
| -4.11% | Oct 16, 2024 | 11 | Oct 31, 2024 | 4 | Nov 6, 2024 | 15 |
| -3.94% | Dec 11, 2025 | 13 | Dec 31, 2025 | 6 | Jan 9, 2026 | 19 |
| -3.85% | Jul 16, 2024 | 6 | Jul 24, 2024 | 5 | Jul 31, 2024 | 11 |
| -3.52% | Aug 12, 2021 | 5 | Aug 19, 2021 | 4 | Aug 25, 2021 | 9 |
| -2.79% | Apr 16, 2021 | 2 | Apr 20, 2021 | 4 | Apr 26, 2021 | 6 |
| -2.72% | Jan 22, 2026 | 6 | Jan 30, 2026 | 5 | Feb 6, 2026 | 11 |
| -2.33% | Oct 27, 2025 | 6 | Nov 4, 2025 | 4 | Nov 10, 2025 | 10 |
| -2.30% | Oct 25, 2021 | 2 | Oct 27, 2021 | 3 | Nov 1, 2021 | 5 |
| -2.17% | Apr 20, 2026 | 7 | Apr 29, 2026 | 1 | Apr 30, 2026 | 8 |
| -1.57% | Sep 19, 2024 | 4 | Sep 25, 2024 | 12 | Oct 11, 2024 | 16 |
| -1.54% | Mar 7, 2024 | 5 | Mar 14, 2024 | 4 | Mar 20, 2024 | 9 |