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FDEM vs FSMD

Fidelity Emerging Markets Multifactor ETF vs Fidelity Small-Mid Multifactor ETF

FDEM

Fidelity Emerging Markets Multifactor ETF

Annual cost

0.25%

Fund size

$608M

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

Key differences

Both FDEM and FSMD are equity ETFs. FDEM charges 0.25% a year and FSMD 0.15%. The main difference: FDEM covers emerging markets; FSMD covers North America.

  • FDEM covers emerging markets; FSMD covers North America.
  • FSMD costs 0.10% less per year.
  • FSMD is much larger than FDEM. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FDEM has delivered higher annualized returns.

Side-by-side comparison

FDEMFSMD
Annual cost (TER)0.25%0.15%
Fund size (AUM)$608M$2.4B
Since20192019
Dividend yield2.70%1.22%
Asset classequityequity
Regionemerging marketsnorth america
Strategyindex trackingindex tracking
CAGR 1Y+32.5%+23.0%
CAGR 3Y+21.2%+17.5%
CAGR 5Y+8.1%+9.4%
Sharpe 3Y1.040.81
Volatility 1Y18.54%15.43%
Max drawdown-33.65%-40.67%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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