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FEAC vs FSMD

Fidelity Enhanced U.S. All-Cap Equity ETF vs Fidelity Small-Mid Multifactor ETF

FEAC

Fidelity Enhanced U.S. All-Cap Equity ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$12M

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD is significantly larger than FEAC — larger funds tend to be 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

FEACFSMD
Annual cost (TER)0.18%0.15%
Fund size (AUM)$12M$2.4B
Since20242019
Dividend yield0.90%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+30.1%+25.4%
CAGR 3YN/A+17.8%
CAGR 5YN/A+9.4%
Sharpe 3YN/A0.83
Volatility 1Y12.61%15.36%
Max drawdown-18.96%-40.67%

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

Similar to FEAC and FSMD