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FSMD vs FLRG

Fidelity Small-Mid Multifactor ETF vs Fidelity U.S. Multifactor ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

FLRG

Fidelity U.S. Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$283M

Key differences

  • FSMD is significantly larger than FLRG — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FLRG has delivered higher annualized returns.

Side-by-side comparison

FSMDFLRG
Annual cost (TER)0.15%0.15%
Fund size (AUM)$2.4B$283M
Since20192020
Dividend yield1.25%1.39%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+25.4%+19.9%
CAGR 3Y+17.8%+19.4%
CAGR 5Y+9.4%+13.0%
Sharpe 3Y0.831.13
Volatility 1Y15.36%10.28%
Max drawdown-40.67%-19.64%

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

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