ETF · Fidelity
FFS1 Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD
ISIN IE000PNL0242London Stock Exchange: FFS1FIL Ltd.
Latest close
LSE£4.59
on
- Ongoing charge
- 0.50% a year
As of , at least 15 min delayed
At a glance
As of 13/11/2026, FFS1 (Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD, ISIN IE000PNL0242) closed at £4.59 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the year to 13/11/2026 its price changed by +18.4%, or +14.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +18.4%
- +14.2% after inflation (UK CPIH)
Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.8%. Returns of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +14.8% | +11.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +17.6% | +13.5% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
15.1%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since September 2025
- −11.5%
- From to
- Below its highest weekly close since September 2025
- 7.5%
- High of , latest
In words: Volatility of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 15.1% over 1 year. Largest fall in the price of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD since September 2025, in pounds: −11.5% from 26/06/2026 to 23/10/2026. On 13/11/2026 the price of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD was 7.5% below its highest weekly close since September 2025 (26/06/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 233 charge less
- 3 the same
- 18 charge more
Ongoing charge of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD 0.50% a year. Compared on 14/11/2026, 18 of the 254 other US share funds charge more, 3 the same and 233 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Fidelity, launched in 2025.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Key facts
- Ticker
- FFS1
- ISIN
- IE000PNL0242
- Also listed as
- FFSM (London Stock Exchange, US dollars)
- Provider
- Fidelity
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- US shares
Price chart
Over the last year, the closing price went from £3.90 on 14/11/2025 to £4.59 on 13/11/2026 (+17.8%). The lowest close shown was £3.90 on 21/11/2025 and the highest £4.97 on 26/06/2026.
One close a week. Before 24/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
63 weekly closes, from 05/09/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since September 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of FFS1?
The ongoing charge of FFS1 is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Fidelity US Fundamental Small-Mid Cap UCITS ETF AccumUSD 0.50% a year. Compared on 14/11/2026, 18 of the 254 other US share funds charge more, 3 the same and 233 less (share classes counted once).
Is FFS1 accumulating or distributing?
FFS1 is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of FFS1?
The ISIN of FFS1 is IE000PNL0242. An ISIN identifies one exact share class of a fund; FFS1 is its ticker on the London Stock Exchange. The same share class is also listed as FFSM (London Stock Exchange, US dollars).
What were FFS1’s returns in each of the last five years?
Calendar-year returns of FFS1 in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.8%. Past performance is not a guide to future returns.
How has FFS1 done after inflation?
Over the year to 13/11/2026 FFS1’s price changed by +18.4%, or +14.2% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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