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FMCX vs KBE

FM Focus Equity ETF vs State Street SPDR S&P Bank ETF

FMCX

FM Focus Equity ETF

Annual cost

0.71%

Fund size

$118M

KBE

State Street SPDR S&P Bank ETF

Annual cost

0.35%

Fund size

$1.4B

Key differences

Both FMCX and KBE are equity ETFs. FMCX charges 0.71% a year and KBE 0.35%. The main difference: FMCX follows a active selection strategy; KBE uses index tracking.

  • FMCX follows a active selection strategy; KBE uses index tracking.
  • KBE costs 0.36% less per year.
  • KBE is much larger than FMCX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, KBE has delivered higher annualized returns.
  • KBE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXKBE
Annual cost (TER)0.71%0.35%
Fund size (AUM)$118M$1.4B
Since20222005
Dividend yield0.33%2.33%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+14.1%+26.2%
CAGR 3Y+15.8%+24.0%
CAGR 5YN/A+6.8%
Sharpe 3Y0.860.83
Volatility 1Y13.13%21.70%
Max drawdown-17.70%-53.14%

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

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