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FSMD vs FDEV

Fidelity Small-Mid Multifactor ETF vs Fidelity International Multifactor ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

FDEV

Fidelity International Multifactor ETF

Annual cost

0.18%

Fund size

$269M

Key differences

Both FSMD and FDEV are equity ETFs. FSMD charges 0.15% a year and FDEV 0.18%. The main difference: FSMD covers North America; FDEV covers global markets excluding the US.

  • FSMD covers North America; FDEV covers global markets excluding the US.
  • FSMD is much larger than FDEV. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FSMD has delivered higher annualized returns.

Side-by-side comparison

FSMDFDEV
Annual cost (TER)0.15%0.18%
Fund size (AUM)$2.4B$269M
Since20192019
Dividend yield1.22%2.78%
Asset classequityequity
Regionnorth americaglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+23.0%+14.1%
CAGR 3Y+17.5%+14.7%
CAGR 5Y+9.4%+7.1%
Sharpe 3Y0.810.87
Volatility 1Y15.43%11.92%
Max drawdown-40.67%-30.11%

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

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