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FSMD vs BCSM

Fidelity Small-Mid Multifactor ETF vs Baron SMID Cap ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

BCSM

Baron SMID Cap ETF

Annual cost

0.75%

Fund size

$32M

Key differences

Both FSMD and BCSM are equity ETFs. FSMD charges 0.15% a year and BCSM 0.75%. The main difference: FSMD follows a index tracking strategy; BCSM uses active selection.

  • FSMD follows a index tracking strategy; BCSM uses active selection.
  • FSMD costs 0.60% less per year.
  • FSMD is much larger than BCSM. Larger funds are usually more liquid and less likely to close.
  • FSMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMDBCSM
Annual cost (TER)0.15%0.75%
Fund size (AUM)$2.4B$32M
Since20192025
Dividend yield1.22%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+23.0%N/A
CAGR 3Y+17.5%N/A
CAGR 5Y+9.4%N/A
Sharpe 3Y0.81N/A
Volatility 1Y15.43%
Max drawdown-40.67%-17.45%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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