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FDRS vs FSMD

Founder-Led ETF vs Fidelity Small-Mid Multifactor ETF

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

Key differences

Both FDRS and FSMD are equity ETFs. FDRS charges 0.49% a year and FSMD 0.15%. The main difference: FSMD costs 0.34% less per year.

  • FSMD costs 0.34% less per year.
  • FSMD is much larger than FDRS. Larger funds are usually more liquid and less likely to close.
  • FSMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRSFSMD
Annual cost (TER)0.49%0.15%
Fund size (AUM)$94M$2.4B
Since20252019
Dividend yield1.22%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1YN/A+24.0%
CAGR 3YN/A+18.6%
CAGR 5YN/A+9.3%
Sharpe 3YN/A0.86
Volatility 1Y15.39%
Max drawdown-21.64%-40.67%

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

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