Performance analysis of FSMD (FIDELITY SMALL-MID MULTIFACTOR ETF)
Annual Return
Over the past 3 years, FSMD has had an average annual return of +15.91%, underperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, FSMD has had an average annual return of +10.67%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Feb 28, 2019, FSMD has had an average annual return of +11.87%, underperforming the benchmark SPY, which returned +16.03% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +17.15% | +8.71% | +15.17% | +17.39% | -11.15% | +26.41% | +8.96% | +8.81% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.56% | +3.04% | -4.66% | +9.28% | +2.66% | +5.69% | -2.88% | +17.15% | |||||
| 2025 | +3.30% | -3.72% | -4.01% | -1.84% | +5.23% | +2.88% | +1.03% | +4.58% | +0.82% | -1.98% | +2.76% | -0.17% | +8.71% |
| 2024 | -1.32% | +5.09% | +3.78% | -5.84% | +4.67% | -1.26% | +8.41% | +0.17% | +1.51% | -1.28% | +9.32% | -7.56% | +15.17% |
| 2023 | +7.49% | -1.23% | -2.59% | -1.18% | -2.42% | +7.88% | +3.76% | -2.08% | -4.66% | -4.47% | +8.05% | +9.12% | +17.39% |
| 2022 | -5.92% | +0.96% | +0.96% | -6.37% | +1.59% | -8.38% | +10.12% | -3.59% | -8.57% | +11% | +4.14% | -5.24% | -11.15% |
| 2021 | +2.65% | +5.88% | +4.68% | +3.78% | +0.94% | -0.35% | +0.18% | +2.14% | -2.98% | +4.46% | -2.97% | +5.77% | +26.41% |
| 2020 | -0.40% | -10.43% | -20.71% | +13.73% | +5.81% | +1.14% | +4.54% | +3.18% | -3.49% | +0.94% | +14% | +5.65% | +8.96% |
| 2019 | +0% | -1.03% | +3.31% | -6.60% | +6.23% | +1.57% | -3.27% | +1.63% | +2.09% | +3.82% | +1.35% | +8.81% |
Drawdown analysis of FSMD (FIDELITY SMALL-MID MULTIFACTOR ETF)
The maximum drawdown for the FSMD was -40.66%, occurring on Mar 23, 2020. Recovery took 171 trading sessions.
The current FSMD drawdown is -2.88%.
Since Feb 28, 2019 FSMD has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.66% | Feb 19, 2020 | 23 | Mar 23, 2020 | 171 | Nov 23, 2020 | 194 |
| -22.16% | Nov 25, 2024 | 90 | Apr 8, 2025 | 107 | Sep 11, 2025 | 197 |
| -20.63% | Nov 16, 2021 | 146 | Jun 16, 2022 | 376 | Dec 14, 2023 | 522 |
| -8.43% | Feb 26, 2026 | 22 | Mar 30, 2026 | 9 | Apr 13, 2026 | 31 |
| -7.33% | May 3, 2019 | 19 | May 31, 2019 | 37 | Jul 24, 2019 | 56 |
| -7.32% | Jul 31, 2024 | 3 | Aug 5, 2024 | 19 | Aug 30, 2024 | 22 |
| -7.16% | Mar 28, 2024 | 14 | Apr 18, 2024 | 19 | May 15, 2024 | 33 |
| -6.03% | Jul 26, 2019 | 20 | Aug 23, 2019 | 45 | Oct 28, 2019 | 65 |
| -5.92% | Sep 18, 2025 | 45 | Nov 20, 2025 | 13 | Dec 10, 2025 | 58 |
| -5.52% | Jun 11, 2021 | 25 | Jul 19, 2021 | 17 | Aug 11, 2021 | 42 |
| -5.44% | Mar 15, 2021 | 7 | Mar 24, 2021 | 14 | Apr 14, 2021 | 21 |
| -5.01% | Sep 2, 2021 | 11 | Sep 20, 2021 | 22 | Oct 20, 2021 | 33 |
| -4.71% | Aug 30, 2024 | 4 | Sep 6, 2024 | 9 | Sep 19, 2024 | 13 |
| -4.70% | May 7, 2021 | 3 | May 12, 2021 | 18 | Jun 8, 2021 | 21 |
| -4.49% | Feb 24, 2021 | 6 | Mar 4, 2021 | 4 | Mar 10, 2021 | 10 |
| -4.41% | Jun 30, 2026 | 13 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -4.35% | May 15, 2024 | 21 | Jun 14, 2024 | 18 | Jul 12, 2024 | 39 |
| -4.27% | Jan 22, 2021 | 5 | Jan 29, 2021 | 5 | Feb 5, 2021 | 10 |
| -3.96% | Dec 26, 2023 | 14 | Jan 17, 2024 | 17 | Feb 9, 2024 | 31 |
| -3.91% | May 6, 2026 | 9 | May 19, 2026 | 4 | May 26, 2026 | 13 |
| -3.85% | Nov 11, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
| -3.57% | Aug 11, 2021 | 6 | Aug 19, 2021 | 4 | Aug 25, 2021 | 10 |
| -3.39% | Mar 1, 2019 | 15 | Mar 22, 2019 | 9 | Apr 4, 2019 | 24 |
| -3.22% | Oct 17, 2024 | 10 | Oct 31, 2024 | 4 | Nov 6, 2024 | 14 |
| -2.94% | Jan 17, 2020 | 9 | Jan 31, 2020 | 12 | Feb 19, 2020 | 21 |