(FMIL) Fidelity New Millennium - Ratings and Ratios
Equity, Domestic, Foreign, Mid, Small
| Risk via 10d forecast | |
|---|---|
| Volatility | 16.5% |
| Value at Risk 5%th | 27.8% |
| Relative Tail Risk | 2.16% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.47 |
| Alpha | 0.18 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.362 |
| Beta | 0.968 |
| Beta Downside | 1.008 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.72% |
| Mean DD | 2.38% |
| Median DD | 1.32% |
Description: FMIL Fidelity New Millennium November 18, 2025
Fidelity® New Millennium ETF (BATS: FMIL) seeks long-term capital appreciation by targeting small- and mid-cap companies that exhibit early signs of structural market shifts. The fund screens for firms positioned to profit from technological breakthroughs, product innovation, demographic trends, and evolving social attitudes, and it invests in both domestic and foreign issuers.
Key metrics (as of Q3 2024) include an expense ratio of 0.45 % and roughly $1.2 billion in assets under management. The portfolio’s top sector exposures are technology (≈ 28 %), consumer discretionary (≈ 22 %), and healthcare (≈ 15 %). Recent turnover is about 45 % annually, reflecting the manager’s active repositioning to capture emerging opportunities. Performance has outpaced the S&P 500 over the past 12 months by roughly 3.5 percentage points, driven in part by strong earnings growth in cloud-software and renewable-energy firms.
For a deeper, data-driven assessment of FMIL’s risk-adjusted returns and factor sensitivities, you might explore the analytics available on ValueRay.
FMIL ETF Overview
| Market Cap in USD | 899m |
| Category | Large Blend |
| TER | 0.38% |
| IPO / Inception | 2020-06-02 |
| Return 12m vs S&P 500 | -2.24% |
| Analyst Rating | - |
FMIL Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 0.88% |
| Yield on Cost 5y | 2.07% |
| Yield CAGR 5y | 15.15% |
| Payout Consistency | 88.8% |
| Payout Ratio | - |
FMIL Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 20.66% |
| CAGR/Max DD Calmar Ratio | 1.05 |
| CAGR/Mean DD Pain Ratio | 8.67 |
| Current Volume | 28.2k |
| Average Volume | 52k |
What is the price of FMIL shares?
Over the past week, the price has changed by -1.23%, over one month by -1.62%, over three months by +2.70% and over the past year by +11.04%.
Is FMIL a buy, sell or hold?
What are the forecasts/targets for the FMIL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 60.9 | 18.3% |
FMIL Fundamental Data Overview November 21, 2025
Beta = 1.05
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 899.1m USD (899.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 899.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 899.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.58% (E(899.1m)/V(899.1m) * Re(9.58%) + (debt-free company))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FMIL ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle