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FMCX vs USPX

FM Focus Equity ETF vs Franklin U.S. Equity Index ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

USPX

Franklin U.S. Equity Index ETF

Franklin Templeton Investments

Annual cost

0.03%

Fund size

$1.8B

Key differences

  • USPX costs 0.68% less per year.
  • USPX is significantly larger than FMCX — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; USPX uses index tracking.
  • Over the last 3 years, USPX has delivered higher annualized returns.
  • USPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXUSPX
Annual cost (TER)0.71%0.03%
Fund size (AUM)$115M$1.8B
Since20222016
Dividend yield0.34%1.09%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+28.8%
CAGR 3Y+17.2%+23.3%
CAGR 5YN/A+12.6%
Sharpe 3Y0.951.22
Volatility 1Y12.96%12.24%
Max drawdown-17.70%-31.21%

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

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