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FSMD vs AFLG

Fidelity Small-Mid Multifactor ETF vs First Trust Active Factor Large Cap ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

AFLG

First Trust Active Factor Large Cap ETF

First Trust

Annual cost

0.55%

Fund size

$609M

Key differences

  • FSMD costs 0.40% less per year.
  • FSMD is significantly larger than AFLG — larger funds tend to be more liquid and less likely to close.
  • FSMD follows a index tracking strategy; AFLG uses active selection.
  • Over the last 3 years, AFLG has delivered higher annualized returns.

Side-by-side comparison

FSMDAFLG
Annual cost (TER)0.15%0.55%
Fund size (AUM)$2.4B$609M
Since20192019
Dividend yield1.25%0.73%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+25.4%+26.2%
CAGR 3Y+17.8%+23.3%
CAGR 5Y+9.4%+13.0%
Sharpe 3Y0.831.30
Volatility 1Y15.36%11.60%
Max drawdown-40.67%-35.84%

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

Similar to FSMD and AFLG