Supplement to the

Fidelity® Small-Mid Cap Opportunities ETF

November 29, 2023

Summary Prospectus

Effective February 26, 2024, Fidelity® Small-Mid Cap Opportunities ETF will change its name and ticker:

Existing ETF Name and Ticker	New ETF Name and Ticker
Fidelity® Small-Mid Cap Opportunities ETF (FSMO)	Fidelity® Fundamental Small-Mid Cap ETF (FFSM)

Effective February 26, 2024, Tom Hense will be added as a Co-Portfolio Manager for Fidelity® Fundamental Small-Mid Cap ETF.

SOE-SUSTK-1123-100 1.9911238.100 November 29, 2023