
Designed to invest in small and mid-sized companies, this ETF capitalizes on Fidelity's active management and comprehensive fundamental research, integrating compelling investment ideas generated by a select team of its experienced portfolio managers.
Is FFSM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

VettaFi's Midyear Market Outlook symposium Thursday saw industry leaders take on the big questions. Where is the market going?

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.

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 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.

Fidelity Fundamental Small-Mid Cap ETF earns a 'Buy' rating based on its strong recent momentum, superior risk-adjusted returns versus passive benchmarks, and attractive valuation. FFSM's active management and diversified holdings position it to benefit if market leadership broadens beyond mega-cap technology stocks. While FFSM has a higher expense ratio (0.43%) and weak dividend profile, its risk-adjusted outperformance and growth/value blend justify its use as a satellite allocation.