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Fidelity Enhanced Small Cap ETF (FESM)

Small Blend | Exchange Traded Fund | NYSEArca
42.85 USD +0.19 (0.457%) ⇧ (April 21, 2026, 10:54 a.m. EDT)

Short-term: ★★★★★ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 10:41 p.m. EDT

Despite a lack of high-conviction options flow, FESM exhibits strong near-term technical momentum with price printing near its 52-week high and recent lows overwhelmed by upside volume. Fundamental concerns reappear in the dividend data, where payouts appear irregular and potentially erratic between quarters, preventing a higher yield rating. However, as a multi-year hold, it remains a neutral play lacking the deepmoat or growth profile required for a top-tier buy, making it a strong short-term momentum trade but a risky long-term hold.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.023547
MSTL0.024104
AutoTheta0.028414
AutoARIMA0.042393

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 45%
H-stat 8.62
Ljung-Box p 0.000
Jarque-Bera p 0.204
Excess Kurtosis -0.97
Attribute Value
Trailing P/E 20.97

As of April 18, 2026, 10:41 p.m. EDT: Options flow is extremely thin, indicating a lack of significant speculative positioning. For the nearest expiration (June 2026), negligible volume and open interest exist across all strikes. The only noted activity (2 bps inflow) is concentrated at the 38.0 strike (now In-The-Money given current prices), but total exp volumes are zero across the board. With ATM IV effectively zero for near-term calls and low positive activity across all OTM strikes, options data provides no directional signal or hedge for price movement; it suggests a lack of institutional or retail crowd positioning.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.25% 0.65%
Dividend History
Date Dividend Yield %
2026-03-20 0.091 0.245614
2025-12-19 0.084 0.219504
2025-09-19 0.052 0.142460
2025-06-20 0.014 0.045655
2025-03-21 0.160 0.535188
2024-12-20 0.158 0.489789
2024-09-20 0.070 0.220827
2024-06-21 0.053 0.188732
2024-03-15 0.069 0.243812
2023-12-28 0.018 0.064582
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.63

Info Dump

Attribute Value
All Time High 42.71
All Time Low 24.58
Ask 43.0
Ask Size 100
Average Daily Volume10 Day 646,440
Average Daily Volume3 Month 706,990
Average Volume 706,990
Average Volume10Days 646,440
Beta3 Year 1.32
Bid 42.98
Bid Size 200
Category Small Blend
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 43.1
Day Low 42.73
Dividend Yield 0.63
Eps Trailing Twelve Months 2.043731
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 39.3863
Fifty Day Average Change 3.4636993
Fifty Day Average Change Percent 0.08794173
Fifty Two Week Change Percent 54.940067
Fifty Two Week High 43.1
Fifty Two Week High Change -0.25
Fifty Two Week High Change Percent -0.005800464
Fifty Two Week Low 27.186
Fifty Two Week Low Change 15.663998
Fifty Two Week Low Change Percent 0.5761788
Fifty Two Week Range 27.186 - 43.1
First Trade Date Milliseconds 1,700,490,600,000
Five Year Average Return 0.1051533
Full Exchange Name NYSEArca
Fund Family Fidelity Investments
Fund Inception Date 1,198,108,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors.
Long Name Fidelity Enhanced Small Cap ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_53367368
Nav Price 42.65681
Net Assets 4,099,681,020.0
Net Expense Ratio 0.28
Open 42.79
Previous Close 42.655
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.1949997
Regular Market Change Percent 0.45715556
Regular Market Day High 43.1
Regular Market Day Low 42.73
Regular Market Day Range 42.73 - 43.1
Regular Market Open 42.79
Regular Market Previous Close 42.655
Regular Market Price 42.85
Regular Market Time 1,776,783,248
Regular Market Volume 110,029
Short Name Fidelity Enhanced Small Cap ETF
Source Interval 15
Symbol FESM
Three Year Average Return 0.2202799
Total Assets 4,099,681,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 20.966555
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.98024
Trailing Three Month Returns 0.98024
Triggerable 1
Two Hundred Day Average 37.227676
Two Hundred Day Average Change 5.622322
Two Hundred Day Average Change Percent 0.15102533
Type Disp ETF
Volume 110,029
Yield 0.0063
Ytd Return 0.98024