Skip to content

Fidelity Enhanced Small Cap Growth ETF

FSEGNYSE ArcaB

$25.89−0.12 (−0.47%)

As of Oct 13, 2026, 2:52 PM

Intraday session: down, 5 prints from 26.01 to 25.89. Range 25.82 to 26.01. Use the arrow keys to read each point.25.8525.9510 AM12 PM2 PM4 PM
Expense ratio
0.28%
Fund size
$7M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
493
Avg volume · 30D
0M sh
NAV per share
$25.99
52W range
low $25.05high $29.09
Launched

The ETF.net FSEG Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Rank
12 of 41
Six-pillar profile for FSEG. Scores out of 100: Cost 96, Risk 30, Mission not scored, Tradability 25, Holdings 69, Durability 28. Strongest: Cost (96). Weakest: Tradability (25). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A96 out of 100
    Rank 2 of 41
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 30 of 38
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D25 out of 100
    Rank 34 of 41
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B69 out of 100
    Rank 14 of 41
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 35 of 41

Our read on FSEG

ETF.net Research

BActive small-cap growth without the active-management price tag. Fidelity's enhanced playbook keeps the portfolio anchored to the Russell 2000 Growth Index, then tilts toward valuation, growth and quality signals, for 0.28% a year.

Stated mandate

The fund seeks capital appreciation and normally invests at least 80% of its assets in common stocks included in the Russell 2000 Growth Index. Its research-driven process may consider valuation, growth, quality, and other long-term return drivers.

Why people hold it

  1. 01Costs 0.28% a year, roughly half the 0.52% median for active US small-cap funds in its peer group. That is index-fund pricing on a stock-picking mandate.
  2. 02Benchmark-anchored by design: normally at least 80% of assets sit in Russell 2000 Growth Index stocks, so the research shows up as tilts rather than wholesale bets.institutional.fidelity.com
  3. 03Roughly 300 names, so any single small-cap stumble carries limited weight. Breadth is the point in a corner of the market where individual stories break often.
  4. 04Part of a family running the same enhanced approach across the size range. The core version, FESM, is among the strongest implementations in this cohort at the identical 0.28% fee.

Worth knowing

  1. 01A 2026 launch, so the live record is short. You can see the fee and the process; the performance history is still being written.
  2. 02Small asset base and light trading volume. Wider bid-ask spreads come with the territory versus the household-name funds in the category.
  3. 03Small-cap growth is the choppy end of US equities, and staying close to that benchmark means riding its swings rather than sidestepping them.

FSEG Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
493
Top-10 weight
9%
Largest holding
GKOS1.0%

Sectors

  • Health Care30.0%
  • Technology25.2%
  • Industrials15.1%
  • Consumer Discretionary8.6%
  • Financials6.7%
  • Materials4.9%
  • Energy3.9%
  • Communication3.2%
  • Real Estate1.4%
  • Consumer Staples1.1%

Geography

  • United States97.65%
  • Cayman Islands0.61%
  • Ireland0.57%
  • Canada0.37%
  • Bermuda0.28%
  • Puerto Rico0.20%
  • Israel0.12%
  • Luxembourg0.12%
  • Other countries (1)0.07%
The fund’s holdings, weight-ordered — page 1 of 33.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001GKOSGlaukos Corp1.03%489$81K123
002OSCROscar Health Inc - Class A1.03%2,419$81K133
003—Net Other Assets1.02%0$80K141
004PLXSPlexus Corp0.95%285$75K136
005ENSEnersys Inc0.84%366$66K196
006KLICKulicke & Soffa Industries Inc0.79%675$62K139
007MTRNMaterion Corp0.78%220$62K138
008YOUClear Secure Inc0.77%1,400$61K171
009ANFAbercrombie & Fitch Co Class A0.76%419$60K174
010BGCBgc Group Inc A0.76%5,185$60K114
011BTSGBrightspring Hlth Services Inc0.74%917$58K153
012BCPCBalchem Corp0.72%336$56K139
013HAEHaemonetics Corp Mass0.70%463$55K140
014MXLMaxlinear Inc0.69%569$55K129
015AIRAar Corp0.69%540$54K138

Showing 1–15 of 493 holdings

FSEG Performance

Launched Apr 28, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
FSEG$9,393
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. FSEG $9,393. SPY $10,332. Use the arrow keys to read each point.$9,266$9,846$10,425Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FSEG. Periods over one year show the average yearly return.
PeriodFSEG
Year to dateFund launched this year—
1 month−1.7%
3 months−6.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FSEG
YearReturn barFSEG
2026 YTD+3.5%

History from Apr 30, 2026

FSEG in the news

Filtered to FSEG · US Active Small-Cap

FSEG Dividends

Last payment
$0.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 18, 2026 $0.009; Sep 18, 2026 $0.01. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 22, 2026$0.01
Jun 18, 2026Jun 23, 2026$0.009

FSEG Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.79
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FSEG Cost

Expense ratio0.28%
  • The middle half of US Active Small-Cap funds
  • Median 0.55%

1 of the 39 US Active Small-Cap funds charge less.

FSEG costs $28.00 a year on $10,000. The median US Active Small-Cap fund costs $55.00.

Other funds in US Active Small-Cap