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FESM vs SPSM

Fidelity Enhanced Small Cap Core ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$15.4B

Key differences

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

Side-by-side comparison

FESMSPSM
Annual cost (TER)0.28%0.03%
Fund size (AUM)$5.0B$15.4B
Since20072013
Dividend yield0.55%1.44%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+52.9%+33.1%
CAGR 3YN/A+15.4%
CAGR 5YN/A+6.0%
Sharpe 3YN/A0.63
Volatility 1Y19.05%17.58%
Max drawdown-26.93%-42.89%

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

Similar to FESM and SPSM