# Fidelity Enhanced Small Cap Core ETF (FESM) — Overview

FESM · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/fesm

## Price

Last close $44.98 on Oct 15, 2026. 52-week range $34.94 – $48.88.

## Fund profile

FESM is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index.

| Metric | Value |
| --- | --- |
| Issuer | Fidelity Management & Research Company LLC |
| Industry | — |
| Inception | Dec 20, 2007 |
| Assets under management | $6.4B |
| Expense ratio | 0.28% |
| Net asset value | $44.37 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Fidelity Enhanced Small Cap Core ETF (FESM)?

FESM is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index.

### What is FESM's expense ratio?

Fidelity Enhanced Small Cap Core ETF charges an annual expense ratio of 0.28%. The fund is issued by Fidelity Management & Research Company LLC.

### How large is FESM?

Fidelity Enhanced Small Cap Core ETF manages $6.4B in assets and has traded since Dec 20, 2007.

### How do I buy shares of Fidelity Enhanced Small Cap Core ETF (FESM)?

FESM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).