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FESM vs ISMD

Fidelity Enhanced Small Cap Core ETF vs Inspire Small/Mid Cap ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Annual cost

0.28%

Fund size

$5.0B

ISMD

Inspire Small/Mid Cap ETF

Annual cost

0.53%

Fund size

$292M

Key differences

  • FESM costs 0.25% less per year.
  • FESM is significantly larger than ISMD — larger funds tend to be more liquid and less likely to close.
  • FESM follows a index enhanced strategy; ISMD uses index tracking.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMISMD
Annual cost (TER)0.28%0.53%
Fund size (AUM)$5.0B$292M
Since20072017
Dividend yield0.55%0.99%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+52.9%+42.0%
CAGR 3YN/A+17.6%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y19.05%18.68%
Max drawdown-26.93%-43.58%

Similar to FESM and ISMD