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FESM vs FSMD

Fidelity Enhanced Small Cap Core ETF vs Fidelity Small-Mid Multifactor ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD costs 0.13% less per year.
  • FESM follows a index enhanced strategy; FSMD uses index tracking.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMFSMD
Annual cost (TER)0.28%0.15%
Fund size (AUM)$5.0B$2.4B
Since20072019
Dividend yield0.55%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+52.9%+25.4%
CAGR 3YN/A+17.8%
CAGR 5YN/A+9.4%
Sharpe 3YN/A0.83
Volatility 1Y19.05%15.36%
Max drawdown-26.93%-40.67%

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

Similar to FESM and FSMD