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FFUT vs FESM

Fidelity Managed Futures ETF vs Fidelity Enhanced Small Cap Core ETF

FFUT

Fidelity Managed Futures ETF

Annual cost

0.80%

Fund size

$255M

FESM

Fidelity Enhanced Small Cap Core ETF

Annual cost

0.28%

Fund size

$5.3B

Key differences

FFUT is an alternative ETF, while FESM is an equity ETF. FFUT charges 0.80% a year and FESM 0.28%.

  • FFUT is an alternative fund, while FESM is an equity fund. They carry different risk/return profiles.
  • FFUT follows a managed futures strategy; FESM uses index enhanced.
  • FESM costs 0.52% less per year.
  • FESM is much larger than FFUT. Larger funds are usually more liquid and less likely to close.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FFUTFESM
Annual cost (TER)0.80%0.28%
Fund size (AUM)$255M$5.3B
Since20252007
Dividend yield0.53%
Asset classalternativeequity
Regionnorth america
Strategymanaged futuresindex enhanced
CAGR 1Y+20.2%+48.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y11.11%19.50%
Max drawdown-2.84%-26.93%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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