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Fidelity Small-Mid Factor (FSMD)
Look-through valuation · Style & factor · Expense ratio 0.15 % · ISIN US3160925273
Price history (since 2019)
Monthly close since 2019. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Sandisk Corp SNDK | 2.3 % | n/a | n/a |
| Lumentum Holdings Inc LITE | 0.8 % | n/a | n/a |
| Comfort Systems USA Inc FIX | 0.8 % | −70.1 % | 71 |
| Ciena Corp CIEN | 0.8 % | −94.4 % | 70 |
| Coherent Inc COHR | 0.7 % | −97.8 % | 41 |
| Flex Ltd FLEX | 0.7 % | −61.4 % | 63 |
| Revolution Medicines Inc RVMD | 0.6 % | n/a | n/a |
| AngloGold Ashanti plc AU | 0.6 % | −23.1 % | 64 |
| Tapestry Inc TPR | 0.5 % | −87.0 % | 73 |
| Caseys General Stores Inc CASY | 0.5 % | −52.5 % | 65 |
| EMCOR Group Inc EME | 0.5 % | −34.1 % | 66 |
| TechnipFMC PLC FTI | 0.5 % | −63.6 % | 76 |
| Allegheny Technologies Incorporated ATI | 0.5 % | −84.5 % | 63 |
| Everpure, Inc. P | 0.5 % | −90.8 % | 64 |
| Carpenter Technology Corporation CRS | 0.4 % | −80.8 % | 67 |
| nVent Electric PLC NVT | 0.4 % | −76.2 % | 67 |
| Tenet Healthcare Corporation THC | 0.4 % | +23.8 % | 59 |
| Curtiss-Wright Corporation CW | 0.4 % | −66.4 % | 71 |
| United Therapeutics Corporation UTHR | 0.4 % | +10.5 % | 72 |
| Viking Holdings Ltd VIK | 0.3 % | −58.1 % | 60 |
| Corcept Therapeutics Incorporated CORT | 0.3 % | −85.9 % | 65 |
| Incyte Corporation INCY | 0.3 % | −4.1 % | 91 |
| Synnex Corporation SNX | 0.3 % | +13.6 % | 61 |
| Loews Corp L | 0.3 % | −1.3 % | 59 |
| MKS Instruments Inc MKSI | 0.3 % | −75.2 % | 57 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +71.9 % below FV
- 2 FXI iShares China Large-Cap ETF +53.7 % below FV
- 3 CHIQ Global X MSCI China Consumer Disc ETF +48.5 % below FV
- 4 FLCH Franklin FTSE China ETF +36.0 % below FV
- 5 KWEB KraneShares CSI China Internet ETF +33.5 % below FV
- 6 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.5 % below FV
- 7 MCHI iShares MSCI China ETF +28.0 % below FV
- 8 ITB iShares U.S. Home Construction ETF +13.7 % below FV
- 9 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +12.7 % below FV
- 10 TAN Invesco Solar ETF +10.8 % below FV
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity Small-Mid Factor an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Aug 14, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.