Fidelity Enhanced Small Cap Value ETF
No trades
No trades
Key stats
Fund info
Home page
Inception date
Apr 28, 2026
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US31609A8181
CUSIP
31609A818
FIGI
BBG021YQZ7M2
Identifiers
ISIN US31609A8181
FSEV provides investors with targeted exposure to the small-cap value segment of the US equity market. It invests in stocks included in the Russell 2000 Value Index, which are companies characterized by lower price-to-book ratios and lower forecasted growth rates. It may also use derivative instruments to gain exposure to these investments or related market risks. The fund employs a research-driven approach, systematically applying valuation, growth, and quality factors within a proprietary portfolio construction framework to select a diversified group of stocks. Benchmark relative risks are managed by weighting securities based on positive or negative characteristics identified during evaluation. Industry and market capitalization weightings are also considered relative to the index. Note, the fund is actively managed and may invest in securities outside the benchmark index to optimize returns. It seeks capital appreciation.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.33%
Finance35.23%
Health Technology8.46%
Technology Services8.08%
Commercial Services5.33%
Electronic Technology4.25%
Producer Manufacturing4.01%
Industrial Services3.75%
Energy Minerals3.63%
Utilities3.61%
Consumer Services3.41%
Process Industries3.40%
Consumer Durables3.20%
Transportation3.09%
Non-Energy Minerals2.56%
Retail Trade1.99%
Health Services1.63%
Distribution Services1.30%
Communications1.22%
Consumer Non-Durables1.17%
Bonds, Cash & Other0.67%
Cash0.64%
Corporate0.02%
Breakdown by region
North America97.46%
Europe1.61%
Latin America0.65%
Middle East0.29%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FSEV invests in stocks. The fund's major sectors are Finance, with 35.23% stocks, and Health Technology, with 8.46% of the basket. The assets are mostly located in the North America region.
FSEV top holdings are Commercial Metals Company and Fluor Corporation, occupying 0.92% and 0.90% of the portfolio correspondingly.
FSEV last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.07 USD in dividends, which shows a 20.65% increase.
FSEV assets under management is 6.57 M USD. It's fallen 3.45% over the last month.
FSEV fund flows account for 1.26 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FSEV pays dividends to its holders with the dividend yield of 1.27%. The last dividend (Sep 22, 2026) amounted to 0.09 USD. The dividends are paid quarterly.
FSEV shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Apr 28, 2026, and its management style is Active.
FSEV expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
FSEV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FSEV invests in stocks.
FSEV trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.