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ETF NYSE Arca USD

Fidelity Enhanced Small Cap Core ETF FESM

Issuer: Fidelity SEC registrant: Fidelity Covington Trust Equity · US
Watch FESM (sign in) Add to portfolio (FESM) Set an alert for FESM Compare FESM with other ETFs Position size calculator for FESM at 45.17 USD

How position sizing works
Last price 45.17 USD Change: Up +0.76 Percent change: Up +1.71%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.28%
Prospectus 27 Oct 2025
Net assets
$5.8B
As of 30 Jun 2026
Holdings
786
As of 30 Jun 2026
12-month distribution yield
0.87%
Quarterly
Asset class
Equity
From holdings

Fidelity Enhanced Small Cap Core ETF (FESM) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Fidelity. Its category is Equity · US (equity). Its last price was US$45.17 on 20 Oct 2026. Its expense ratio is 0.28% a year, from its prospectus dated 27 Oct 2025. It reported net assets of US$5.78 billion as of 30 Jun 2026. Its latest holdings report lists 786 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$0.39 a unit, a 12-month distribution yield of 0.87%, paid quarterly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.28%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.28%
Prospectus date
Not stated
Filed with the SEC
27 Oct 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$5,784,907,824
Total assets
$6,036,177,578
Holdings as of
30 Jun 2026
Report made public
24 Aug 2026 (55 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 786 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.

FESM top holdings as of 30 Jun 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 Fidelity Revere Street Trust Fidelity Securities Lending Cash Central Fund US31635A3032 4.32% $250.0M Short-term investment vehicles (cash funds) United States USD
2 Fidelity Revere Street Trust Fidelity Cash Central Fund US31635A1051 1.18% $68.3M Short-term investment vehicles (cash funds) United States USD
3 GUARDANT HEALTH INC US40131M1099 1.09% $62.9M Equity (common) United States USD
4 MAXLINEAR INC US57776J1007 0.96% $55.3M Equity (common) United States USD
5 ACM RESEARCH INC ACM RESEARCH INC-CLASS A US00108J1097 0.90% $52.0M Equity (common) United States USD
6 KULICKE and SOFFA INDUSTRIES INC US5012421013 0.78% $45.0M Equity (common) United States USD
7 ENERSYS ENERSYS INC US29275Y1029 0.76% $44.3M Equity (common) United States USD
8 TENABLE HOLDINGS INC US88025T1025 0.76% $44.0M Equity (common) United States USD
9 PLEXUS CORP US7291321005 0.72% $41.4M Equity (common) United States USD
10 KODIAK GAS SERVICES INC US50012A1088 0.71% $40.9M Equity (common) United States USD
11 EXTREME NETWORKS INC US30226D1063 0.65% $37.6M Equity (common) United States USD
12 HEALTHEQUITY INC US42226A1079 0.65% $37.6M Equity (common) United States USD
13 PHILLIPS EDISON and CO INC US71844V2016 0.64% $37.0M Equity (common) United States USD
14 AXSOME THERAPEUTICS INC US05464T1043 0.63% $36.6M Equity (common) United States USD
15 TUTOR PERINI CORP US9011091082 0.61% $35.1M Equity (common) United States USD
16 GRIFFON CORP US3984331021 0.61% $35.1M Equity (common) United States USD
17 GLACIER BANCORP INC US37637Q1058 0.61% $35.1M Equity (common) United States USD
18 COMMERCIAL METALS CO US2017231034 0.60% $35.0M Equity (common) United States USD
19 WESBANCO INC US9508101014 0.60% $34.9M Equity (common) United States USD
20 STONEX GROUP INC US8618961085 0.60% $34.9M Equity (common) United States USD
21 OUTFRONT MEDIA INC US69007J3041 0.60% $34.6M Equity (common) United States USD
22 CLEAR SECURE INC US18467V1098 0.59% $34.2M Equity (common) United States USD
23 LUMEN TECHNOLOGIES INC US5502411037 0.58% $33.8M Equity (common) United States USD
24 BENCHMARK ELECTRONICS INC US08160H1014 0.58% $33.3M Equity (common) United States USD
25 BALCHEM CORP US0576652004 0.57% $33.2M Equity (common) United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 30 Jun 2026

All 786 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Equity (common) 98.10%
Short-term investment vehicles (cash funds) 5.50%
Debt 0.61%
Equity derivatives 0.04%
Equity (preferred) <0.01%

Country

Country by weight
CountryWeightBar
United States 98.96%
Bermuda 1.17%
Canada 0.92%
Cayman Islands 0.87%
Ireland 0.71%
MH 0.50%
Switzerland 0.26%
Puerto Rico 0.25%
British Virgin Islands 0.17%
United Kingdom 0.12%
Israel 0.11%
Netherlands 0.11%
Other (6) 0.11%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 104.26%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

Sector weights for holdings matched to listed stocks
SectorWeightBar
Finance 10.85%
Consumer Discretionary 8.82%
Industrials 8.59%
Technology 8.01%
Health Care 7.42%
Utilities 3.25%
Real Estate 2.10%
Miscellaneous 1.61%
Telecommunications 1.37%
Energy 1.31%
Unknown 0.86%
Basic Materials 0.56%
Consumer Staples 0.32%
Health Technology 0.30%
Consumer Defensive <0.01%
Other (2) <0.01%

Partial coverage: sectors are known for 55.4% of net assets (56% of the fund's equity weight), the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$0.3930
4 payments per unit
12-month yield
0.87%
Distributions only, not total return
Frequency
Quarterly
From the gaps between ex-dates
Latest ex-date
18 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($0.3930) ÷ latest price ($45.17) × 100 = 0.87%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (12 payments)
FESM distributions per unit by ex-date
Ex-dateAmount per unit
18 Sep 2026$0.1040
18 Jun 2026$0.1140
20 Mar 2026$0.0910
19 Dec 2025$0.0840
19 Sep 2025$0.0520
20 Jun 2025$0.0140
21 Mar 2025$0.1600
20 Dec 2024$0.1580
20 Sep 2024$0.0700
21 Jun 2024$0.0530
15 Mar 2024$0.0690
28 Dec 2023$0.0180

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

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IMPORTANT FINANCIAL DISCLAIMER: The information provided on this platform is for educational and informational purposes only and should not be construed as investment advice. All investments involve risk, including potential loss of principal. Past performance does not guarantee future results. Take Profits is not a registered investment advisor and does not provide personalized investment advice. Users should conduct their own research and consult with qualified financial professionals before making investment decisions. Market data may be delayed and is provided by third-party sources.

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