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FSMD vs FFSM

Fidelity Small-Mid Multifactor ETF vs Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

FFSM

Fidelity Covington Trust - Fidelity Fundamental Small-Mid Cap ETF

Annual cost

Fund size

Key differences

  • FSMD follows a index tracking strategy; FFSM uses active selection.
  • Over the last 3 years, FFSM has delivered higher annualized returns.

Side-by-side comparison

FSMDFFSM
Annual cost (TER)0.15%
Fund size (AUM)$2.4B
Since2019
Dividend yield1.25%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+25.4%+37.7%
CAGR 3Y+17.8%+21.1%
CAGR 5Y+9.4%+9.9%
Sharpe 3Y0.830.91
Volatility 1Y15.36%17.99%
Max drawdown-40.67%-26.65%

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

Similar to FSMD and FFSM