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IWR vs FESM

iShares Russell Mid-Cap ETF vs Fidelity Enhanced Small Cap Core ETF

IWR

iShares Russell Mid-Cap ETF

iShares

Annual cost

0.18%

Fund size

$52.6B

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • IWR costs 0.10% less per year.
  • IWR is significantly larger than FESM — larger funds tend to be more liquid and less likely to close.
  • IWR follows a index tracking strategy; FESM uses index enhanced.
  • IWR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWRFESM
Annual cost (TER)0.18%0.28%
Fund size (AUM)$52.6B$5.0B
Since20012007
Dividend yield1.19%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+21.8%+52.9%
CAGR 3Y+17.2%N/A
CAGR 5Y+8.1%N/A
Sharpe 3Y0.86N/A
Volatility 1Y13.50%19.05%
Max drawdown-40.59%-26.93%

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

Similar to IWR and FESM