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MMSC vs FSMD

First Trust Multi-Manager Small Cap Opportunities ETF vs Fidelity Small-Mid Multifactor ETF

MMSC

First Trust Multi-Manager Small Cap Opportunities ETF

First Trust

Annual cost

0.95%

Fund size

$48M

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD costs 0.80% less per year.
  • FSMD is significantly larger than MMSC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, MMSC has delivered higher annualized returns.

Side-by-side comparison

MMSCFSMD
Annual cost (TER)0.95%0.15%
Fund size (AUM)$48M$2.4B
Since20212019
Dividend yield0.00%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.2%+25.4%
CAGR 3Y+22.8%+17.8%
CAGR 5YN/A+9.4%
Sharpe 3Y0.880.83
Volatility 1Y22.29%15.36%
Max drawdown-40.82%-40.67%

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

Similar to MMSC and FSMD