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AFLG vs FSMD

First Trust Active Factor Large Cap ETF vs Fidelity Small-Mid Multifactor ETF

AFLG

First Trust Active Factor Large Cap ETF

First Trust

Annual cost

0.55%

Fund size

$609M

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD costs 0.40% less per year.
  • FSMD is significantly larger than AFLG — larger funds tend to be more liquid and less likely to close.
  • AFLG follows a active selection strategy; FSMD uses index tracking.
  • Over the last 3 years, AFLG has delivered higher annualized returns.

Side-by-side comparison

AFLGFSMD
Annual cost (TER)0.55%0.15%
Fund size (AUM)$609M$2.4B
Since20192019
Dividend yield0.73%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+26.2%+25.4%
CAGR 3Y+23.3%+17.8%
CAGR 5Y+13.0%+9.4%
Sharpe 3Y1.300.83
Volatility 1Y11.60%15.36%
Max drawdown-35.84%-40.67%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AFLG and FSMD