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FESM vs XCHG

Fidelity Enhanced Small Cap Core ETF vs Ab US Equity ETF

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

XCHG

Ab US Equity ETF

AllianceBernstein

Annual cost

0.50%

Fund size

$685M

Key differences

  • FESM costs 0.22% less per year.
  • FESM is significantly larger than XCHG — larger funds tend to be more liquid and less likely to close.
  • FESM follows a index enhanced strategy; XCHG uses active selection.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FESMXCHG
Annual cost (TER)0.28%0.50%
Fund size (AUM)$5.0B$685M
Since20072025
Dividend yield0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedactive selection
CAGR 1Y+52.9%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y19.05%
Max drawdown-26.93%-9.67%

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

Similar to FESM and XCHG