Skip to content
Beacon
Screener

FSMD vs BELT

Fidelity Small-Mid Multifactor ETF vs iShares U.S. Select Equity Active ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

BELT

iShares U.S. Select Equity Active ETF

BlackRock

Annual cost

0.75%

Fund size

$9M

Key differences

  • FSMD costs 0.60% less per year.
  • FSMD is significantly larger than BELT — larger funds tend to be more liquid and less likely to close.
  • FSMD follows a index tracking strategy; BELT uses index enhanced.
  • FSMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FSMDBELT
Annual cost (TER)0.15%0.75%
Fund size (AUM)$2.4B$9M
Since20192024
Dividend yield1.25%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+25.4%+28.9%
CAGR 3Y+17.8%N/A
CAGR 5Y+9.4%N/A
Sharpe 3Y0.83N/A
Volatility 1Y15.36%17.21%
Max drawdown-40.67%-23.05%

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

Similar to FSMD and BELT