Summary
FESM
Prices · period metrics · 12M
NAV as of 20/07/2026
30/05/2025 → 28/05/2026
Return 45.10% 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: N/A

Latest date: 20/07/2026

Current price: $46.93

Expense ratio: 0.28%

Assets under management
N/A
-0.89% 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

-0.59%

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

10.30%

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

18.25%

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

45.10%

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.

Period total return

52.43%

Ann. 23.25% (Sharpe / Sortino numerator)

Volatility

21.99%

Sharpe ratio

0.890

VaR 95%

-2.04%

CVaR 95%: -3.04%
Max drawdown: -26.93%
Sortino ratio: 1.298
Calmar ratio: 0.86

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

91.87%

Ann. 28.73% (Sharpe / Sortino numerator)

Volatility

21.14%

Sharpe ratio

1.186

VaR 95%

-1.97%

CVaR 95%: -2.88%
Max drawdown: -26.93%
Sortino ratio: 1.757
Calmar ratio: 1.07

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: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.156%

Best day

4.018%

22/08/2025
Worst day

-3.401%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $47.35 $47.52 $46.92 $46.93 899,800
17/07/2026 $47.00 $47.55 $46.82 $47.22 798,100
16/07/2026 $47.46 $47.91 $47.32 $47.54 910,900
15/07/2026 $47.46 $47.68 $47.24 $47.56 1,592,000
14/07/2026 $47.46 $47.56 $47.21 $47.33 571,900
13/07/2026 $47.37 $47.57 $47.00 $47.13 893,700
10/07/2026 $47.84 $47.84 $47.18 $47.53 2,183,300
09/07/2026 $47.30 $47.83 $47.24 $47.78 614,200
08/07/2026 $47.04 $47.18 $46.45 $47.00 1,002,500
07/07/2026 $47.77 $47.87 $47.15 $47.37 1,191,200