FFSM: An Attractive Satellite Allocation For Small-Mid Cap Exposure

Fidelity's FFSM ETF receives a 'Buy' rating for strong risk-adjusted returns and momentum in small-mid cap stocks. It outperforms passive benchmarks with a 0.43% expense ratio and a growth/value blend. The ETF is positioned as a satellite allocation in diversified portfolios. Its weak dividend and higher costs are offset by valuation and performance advantages.