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FSMD vs AFMC

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

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

Key differences

  • FSMD costs 0.53% less per year.
  • FSMD is significantly larger than AFMC — larger funds tend to be more liquid and less likely to close.
  • FSMD follows a index tracking strategy; AFMC uses active selection.
  • Over the last 3 years, AFMC has delivered higher annualized returns.

Side-by-side comparison

FSMDAFMC
Annual cost (TER)0.15%0.68%
Fund size (AUM)$2.4B$153M
Since20192019
Dividend yield1.25%0.81%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+25.4%+27.2%
CAGR 3Y+17.8%+20.8%
CAGR 5Y+9.4%+10.2%
Sharpe 3Y0.830.96
Volatility 1Y15.36%14.96%
Max drawdown-40.67%-42.14%

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

Similar to FSMD and AFMC