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FSMD vs FMCX

Fidelity Small-Mid Multifactor ETF vs FM Focus Equity ETF

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

FMCX

FM Focus Equity ETF

Annual cost

0.71%

Fund size

$118M

Key differences

Both FSMD and FMCX are equity ETFs. FSMD charges 0.15% a year and FMCX 0.71%. The main difference: FSMD follows a index tracking strategy; FMCX uses active selection.

  • FSMD follows a index tracking strategy; FMCX uses active selection.
  • FSMD costs 0.56% less per year.
  • FSMD is much larger than FMCX. 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

FSMDFMCX
Annual cost (TER)0.15%0.71%
Fund size (AUM)$2.4B$118M
Since20192022
Dividend yield1.22%0.33%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+28.0%+14.1%
CAGR 3Y+17.6%+15.8%
CAGR 5Y+10.1%N/A
Sharpe 3Y0.810.86
Volatility 1Y15.69%13.13%
Max drawdown-40.67%-17.70%

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

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