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FCOR vs FESM

Fidelity Corporate Bond ETF vs Fidelity Enhanced Small Cap Core ETF

FCOR

Fidelity Corporate Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$339M

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • FESM costs 0.08% less per year.
  • FESM is significantly larger than FCOR — larger funds tend to be more liquid and less likely to close.
  • FCOR is classified as fixed income, while FESM is equity — different risk/return profiles.
  • FCOR follows a index tracking strategy; FESM uses index enhanced.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FCORFESM
Annual cost (TER)0.36%0.28%
Fund size (AUM)$339M$5.0B
Since20142007
Dividend yield4.55%0.55%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+6.8%+52.9%
CAGR 3Y+5.6%N/A
CAGR 5Y+0.7%N/A
Sharpe 3Y0.35N/A
Volatility 1Y4.44%19.05%
Max drawdown-22.60%-26.93%

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

Similar to FCOR and FESM