Summary
FESM
Prices · period metrics · 12M
NAV as of 03/06/2026
30/05/2025 → 28/05/2026
Return 46.73% Volatility 18.96% Sharpe 2.58
Official loaded data — not a live quote.

FIDELITY ENHANCED SMALL CAP ETF

Symbol: FESM

Exchange: NYSE

Sector: Technology

Category: Small Blend

Inception date: 20/12/2007

Latest date: 03/06/2026

Current price: $45.09

Expense ratio: 0.28%

Assets under management
$5.0B
-1.23% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

3.13%

Ann. 134.78% (Sharpe / Sortino numerator)

Volatility

19.19%

Sharpe ratio

6.835

VaR 95%

-1.84%

CVaR 95%: -1.99%
Max drawdown: -4.72%
Sortino ratio: 10.917
Calmar ratio: 28.53

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

13.94%

Ann. 68.96% (Sharpe / Sortino numerator)

Volatility

20.94%

Sharpe ratio

3.119

VaR 95%

-2.14%

CVaR 95%: -2.26%
Max drawdown: -8.65%
Sortino ratio: 5.128
Calmar ratio: 7.97

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

19.11%

Ann. 48.28% (Sharpe / Sortino numerator)

Volatility

18.89%

Sharpe ratio

2.364

VaR 95%

-1.84%

CVaR 95%: -2.12%
Max drawdown: -10.18%
Sortino ratio: 3.971
Calmar ratio: 4.74

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

46.73%

Ann. 52.47% (Sharpe / Sortino numerator)

Volatility

18.96%

Sharpe ratio

2.576

VaR 95%

-1.87%

CVaR 95%: -2.25%
Max drawdown: -10.18%
Sortino ratio: 4.273
Calmar ratio: 5.15

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.16%

Best day

4.018%

22/08/2025
Worst day

-3.401%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $45.65 $45.65 $44.98 $45.09 820,100
02/06/2026 $45.36 $45.84 $45.35 $45.78 468,300
01/06/2026 $45.27 $45.64 $45.00 $45.41 587,500
29/05/2026 $45.74 $45.74 $45.27 $45.56 435,100
28/05/2026 $45.62 $45.94 $45.27 $45.82 540,200
27/05/2026 $45.85 $45.93 $45.53 $45.67 684,400
26/05/2026 $45.31 $45.68 $45.13 $45.66 509,200
22/05/2026 $44.67 $45.00 $44.56 $44.81 538,700
21/05/2026 $43.80 $44.62 $43.57 $44.42 500,500
20/05/2026 $43.25 $44.11 $43.01 $44.05 1,026,100