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Market Impact: 0.18

Fidelity Small-Mid Multifactor ETF Experiences Big Outflow

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & Positioning

Fidelity Small-Mid Multifactor ETF (FSMD) saw an approximate $577.0 million outflow over the week, representing an 18.7% decrease in shares outstanding. The flow suggests mildly cautious positioning in this ETF relative to its covered universe.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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