Fidelity Fundamental Small-Mid Cap ETF (FFSM)
VIDEO: ETF of the Week: FFSM
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research, Todd Rosenbluth, discussed the Fidelity Fundamental Small-Mid Cap ETF (FFSM) with Chuck Jaffe of Money Life. The pair discussed several topics related to the ETF, in order to give investors a deeper understanding of it.
ETF of the Week: Fidelity Fundamental Small-Mid Cap ETF (FFSM)
VettaFi's Head of Research Todd Rosenbluth discussed the Fidelity Fundamental Small-Mid Cap ETF (FFSM) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and strategy, visit the ETF Investing Content Hub.
Beyond the Mega Caps: Advisors Eye Small- and Mid-Cap Strategies
Beyond the Mega Caps: Advisors Eye Small- and Mid-Cap Strategies The strong run by the Nasdaq-100 and the S&P 500 the last few years has loaded portfolios with heavy concentration risk. As a tiny group of mega cap tech giants shapes the market, finding meaningful diversification has become a priority for advisors.
FFSM: Sensible SMID Strategy, Competitive Returns, Worth Shotlisting
Fidelity Fundamental Small-Mid Cap ETF is an active, non-transparent vehicle with a strategy bringing together quantitative and fundamental methods. FFSM is beating IVV this year amid the capital rotation. Moreover, it has outperformed a few SMID vehicles, including IJH and SMMD since the strategy change in 2024. Besides, its portfolio has a few advantages over that of IJH in terms of growth (including GARP) and momentum characteristics.
FFSM: Rates A Hold Because Performance Lags
Fidelity Fundamental Small-Mid Cap ETF offers active small- and mid-cap exposure but lacks daily portfolio transparency, with a moderate 0.43% fee and low 0.7% yield. Performance has improved recently, but FFSM still trails my preferred ETF - EZM - in risk-adjusted returns and value allocation. FFSM's short track record and mixed results led me to assign a Hold rating, favoring EZM for my portfolio.
Look to Small- and Mid-cap ETF Upside in FFSM
If 2024 was the year of mega-cap tech, 2025 could potentially be the year of small- and mid-cap firms. Just a handful of big firms drove a significant percentage of returns last year, which many investors rode to a successful 2024 overall.
The Investor's Guide to the SMIDcap Asset Class
The small-midcap (SMIDcap) asset class could be a compelling opportunity in the near future. SMIDcap ETFs are often underrepresented in portfolios.