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FESM vs IWM

Fidelity Enhanced Small Cap Core ETF vs iShares Russell 2000 ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

IWM

iShares Russell 2000 ETF

iShares

Annual cost

0.19%

Fund size

$76.9B

Key differences

  • IWM costs 0.09% less per year.
  • IWM is significantly larger than FESM — larger funds tend to be more liquid and less likely to close.
  • FESM follows a index enhanced strategy; IWM uses index tracking.
  • IWM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMIWM
Annual cost (TER)0.28%0.19%
Fund size (AUM)$5.0B$76.9B
Since20072000
Dividend yield0.55%0.91%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+52.9%+41.8%
CAGR 3YN/A+18.8%
CAGR 5YN/A+6.5%
Sharpe 3YN/A0.75
Volatility 1Y19.05%19.22%
Max drawdown-26.93%-41.13%

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

Similar to FESM and IWM