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FDEV vs FSMD

Fidelity International Multifactor ETF vs Fidelity Small-Mid Multifactor ETF

FDEV

Fidelity International Multifactor ETF

Annual cost

0.18%

Fund size

$269M

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

Key differences

Both FDEV and FSMD are equity ETFs. FDEV charges 0.18% a year and FSMD 0.15%. The main difference: FDEV covers global markets excluding the US; FSMD covers North America.

  • FDEV covers global markets excluding the US; FSMD covers North America.
  • FSMD is much larger than FDEV. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FSMD has delivered higher annualized returns.

Side-by-side comparison

FDEVFSMD
Annual cost (TER)0.18%0.15%
Fund size (AUM)$269M$2.4B
Since20192019
Dividend yield2.78%1.22%
Asset classequityequity
Regionglobal ex usnorth america
Strategyindex trackingindex tracking
CAGR 1Y+14.1%+23.0%
CAGR 3Y+14.7%+17.5%
CAGR 5Y+7.1%+9.4%
Sharpe 3Y0.870.81
Volatility 1Y11.92%15.43%
Max drawdown-30.11%-40.67%

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

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