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FDLO vs SMMV

Fidelity Low Volatility Factor ETF vs iShares MSCI USA Small-Cap Min Vol Factor ETF

FDLO

Fidelity Low Volatility Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.4B

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

iShares

Annual cost

0.20%

Fund size

$284M

Key differences

  • FDLO costs 0.05% less per year.
  • FDLO is significantly larger than SMMV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDLO has delivered higher annualized returns.

Side-by-side comparison

FDLOSMMV
Annual cost (TER)0.15%0.20%
Fund size (AUM)$1.4B$284M
Since20162016
Dividend yield1.37%1.71%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+18.2%+9.0%
CAGR 3Y+14.4%+11.5%
CAGR 5Y+10.5%+5.3%
Sharpe 3Y0.960.66
Volatility 1Y8.88%9.87%
Max drawdown-34.35%-38.77%

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

Similar to FDLO and SMMV