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FNDC vs FESM

Schwab Fundamental International Small Equity ETF vs Fidelity Enhanced Small Cap Core ETF

FNDC

Schwab Fundamental International Small Equity ETF

Annual cost

0.39%

Fund size

$3.1B

FESM

Fidelity Enhanced Small Cap Core ETF

Annual cost

0.28%

Fund size

$5.3B

Key differences

Both FNDC and FESM are equity ETFs. FNDC charges 0.39% a year and FESM 0.28%. The main difference: FNDC follows a index tracking strategy; FESM uses index enhanced.

  • FNDC follows a index tracking strategy; FESM uses index enhanced.
  • FNDC covers global markets excluding the US; FESM covers North America.
  • FESM costs 0.11% less per year.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNDCFESM
Annual cost (TER)0.39%0.28%
Fund size (AUM)$3.1B$5.3B
Since20132007
Dividend yield3.40%0.53%
Asset classequityequity
Regionglobal ex usnorth america
Strategyindex trackingindex enhanced
CAGR 1Y+23.2%+44.4%
CAGR 3Y+18.4%N/A
CAGR 5Y+7.1%N/A
Sharpe 3Y0.98N/A
Volatility 1Y14.52%19.29%
Max drawdown-43.22%-26.93%

Similar to FNDC and FESM