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FFDI vs FESM

Fidelity Fundamental Developed vs Fidelity Enhanced Small Cap Core ETF

FFDI

Fidelity Fundamental Developed

Fidelity Investments

Annual cost

0.55%

Fund size

$22M

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • FESM costs 0.27% less per year.
  • FESM is significantly larger than FFDI — larger funds tend to be more liquid and less likely to close.
  • FFDI follows a index tracking strategy; FESM uses index enhanced.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FFDIFESM
Annual cost (TER)0.55%0.28%
Fund size (AUM)$22M$5.0B
Since20242007
Dividend yield2.11%0.55%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex enhanced
CAGR 1Y+12.7%+50.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y16.99%18.98%
Max drawdown-14.39%-26.93%

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

Similar to FFDI and FESM