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AFMC vs FSMD

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

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD costs 0.53% less per year.
  • FSMD is significantly larger than AFMC — larger funds tend to be more liquid and less likely to close.
  • AFMC follows a active selection strategy; FSMD uses index tracking.
  • Over the last 3 years, AFMC has delivered higher annualized returns.

Side-by-side comparison

AFMCFSMD
Annual cost (TER)0.68%0.15%
Fund size (AUM)$153M$2.4B
Since20192019
Dividend yield0.81%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+27.2%+25.4%
CAGR 3Y+20.8%+17.8%
CAGR 5Y+10.2%+9.4%
Sharpe 3Y0.960.83
Volatility 1Y14.96%15.36%
Max drawdown-42.14%-40.67%

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

Similar to AFMC and FSMD