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LSAT vs FSMD

LeaderShares AlphaFactor Tactical Focused ETF vs Fidelity Small-Mid Multifactor ETF

LSAT

LeaderShares AlphaFactor Tactical Focused ETF

Annual cost

0.99%

Fund size

$61M

FSMD

Fidelity Small-Mid Multifactor ETF

Annual cost

0.15%

Fund size

$2.4B

Key differences

Both LSAT and FSMD are equity ETFs. LSAT charges 0.99% a year and FSMD 0.15%. The main difference: LSAT follows a active selection strategy; FSMD uses index tracking.

  • LSAT follows a active selection strategy; FSMD uses index tracking.
  • FSMD costs 0.84% less per year.
  • FSMD is much larger than LSAT. 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

LSATFSMD
Annual cost (TER)0.99%0.15%
Fund size (AUM)$61M$2.4B
Since20202019
Dividend yield1.73%1.22%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+11.6%+28.0%
CAGR 3Y+11.5%+17.6%
CAGR 5Y+6.1%+10.1%
Sharpe 3Y0.580.81
Volatility 1Y12.84%15.69%
Max drawdown-20.48%-40.67%

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

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