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FMKT vs SMMD

The Free Markets ETF vs iShares Russell 2500 ETF

FMKT

The Free Markets ETF

Free Markets ETF

Annual cost

0.76%

Fund size

$15M

SMMD

iShares Russell 2500 ETF

iShares

Annual cost

0.15%

Fund size

$3.0B

Key differences

  • SMMD costs 0.61% less per year.
  • SMMD is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • FMKT follows a active selection strategy; SMMD uses index tracking.
  • SMMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMKTSMMD
Annual cost (TER)0.76%0.15%
Fund size (AUM)$15M$3.0B
Since20252017
Dividend yield1.10%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+36.8%
CAGR 3YN/A+18.9%
CAGR 5YN/A+7.7%
Sharpe 3YN/A0.81
Volatility 1Y17.24%
Max drawdown-17.79%-41.06%

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

Similar to FMKT and SMMD