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FESM vs FPRO

Fidelity Enhanced Small Cap Core ETF vs Fidelity Real Estate Investment ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

FPRO

Fidelity Real Estate Investment ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$15M

Key differences

  • FESM costs 0.29% less per year.
  • FESM is significantly larger than FPRO — larger funds tend to be more liquid and less likely to close.
  • FESM follows a index enhanced strategy; FPRO uses active selection.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMFPRO
Annual cost (TER)0.28%0.57%
Fund size (AUM)$5.0B$15M
Since20072021
Dividend yield0.55%2.52%
Asset classequityequity
Regionnorth america
Strategyindex enhancedactive selection
CAGR 1Y+52.9%+15.7%
CAGR 3YN/A+10.7%
CAGR 5YN/A+4.9%
Sharpe 3YN/A0.48
Volatility 1Y19.05%13.08%
Max drawdown-26.93%-32.80%

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

Similar to FESM and FPRO