FFSM - Fidelity Fundamental Small-Mid Cap ETF

Aims to provide small- and mid-cap exposure by harnessing Fidelity’s active management and fundamental research capabilities combining high conviction investment ideas from a select group of Fidelity portfolio managers.

Sector
Financial Services
Industry
Asset Management
Market Cap
$1.12B
Beta
1.08
52-Week Range
25.74-36.68
Dividend Yield
$0.17
IPO Date
Feb 4, 2021
Exchange
CBOE

FFSM Options Snapshot

Options pricing data for FFSM is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.

What This Page Covers

The FFSM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked FFSM overview questions

What is FFSM?
FFSM is the ticker symbol for Fidelity Fundamental Small-Mid Cap ETF, an listed exchange-traded fund. Aims to provide small- and mid-cap exposure by harnessing Fidelity’s active management and fundamental research capabilities combining high conviction investment ideas from a select group of Fidelity portfolio managers. Listed on CBOE. FFSM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What are FFSM's key statistics?
Fidelity Fundamental Small-Mid Cap ETF (FFSM) carries a market capitalization of $1.12B, 52-week range of 25.74-36.68. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does FFSM belong to?
Fidelity Fundamental Small-Mid Cap ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FFSM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the FFSM data on this page?
Options snapshots refresh after each trading session; if no snapshot is currently posted for FFSM, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.