Fidelity Enhanced Small Cap Value ETF

Fidelity Enhanced Small Cap Value ETF is an exchange-traded fund that seeks capital appreciation by focusing on small-cap value equities. It normally invests at least 80 percent of its assets in common stocks included in the Russell 2000 Value Index, providing targeted exposure to smaller companies exhibiting value characteristics such as lower price-to-book or price-to-earnings ratios. This ETF employs an enhanced strategy within Fidelity's lineup, incorporating factor tilts to potentially optimize returns in the small-cap value segment of the U.S. equity market. Managed by a team including Shashi Naik, Anna Lester, and George Liu, it caters to investors interested in the dynamic small-cap sector, which often includes companies with market capitalizations under $2 billion. Launched in 2026, Fidelity Enhanced Small Cap Value ETF plays a role in broadening access to specialized small-cap value investing, complementing broader market offerings with its benchmark-aligned yet enhanced approach.