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FESM vs FBND

Fidelity Enhanced Small Cap Core ETF vs Fidelity Total Bond ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

FBND

Fidelity Total Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$25.6B

Key differences

  • FESM costs 0.08% less per year.
  • FBND is significantly larger than FESM — larger funds tend to be more liquid and less likely to close.
  • FESM is classified as equity, while FBND is fixed income — different risk/return profiles.
  • FESM covers north america markets; FBND covers global.
  • FESM follows a index enhanced strategy; FBND uses index tracking.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMFBND
Annual cost (TER)0.28%0.36%
Fund size (AUM)$5.0B$25.6B
Since20072014
Dividend yield0.55%4.70%
Asset classequityfixed income
Regionnorth americaglobal
Strategyindex enhancedindex tracking
CAGR 1Y+52.9%+6.1%
CAGR 3YN/A+4.5%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.19
Volatility 1Y19.05%3.90%
Max drawdown-26.93%-17.25%

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

Similar to FESM and FBND