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OMFS vs FSMD

Invesco Russell 2000 Dynamic Multifactor ETF vs Fidelity Small-Mid Multifactor ETF

OMFS

Invesco Russell 2000 Dynamic Multifactor ETF

Invesco

Annual cost

0.39%

Fund size

$275M

FSMD

Fidelity Small-Mid Multifactor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$2.4B

Key differences

  • FSMD costs 0.24% less per year.
  • FSMD is significantly larger than OMFS — larger funds tend to be more liquid and less likely to close.
  • OMFS follows a index enhanced strategy; FSMD uses index tracking.
  • Over the last 3 years, FSMD has delivered higher annualized returns.

Side-by-side comparison

OMFSFSMD
Annual cost (TER)0.39%0.15%
Fund size (AUM)$275M$2.4B
Since20172019
Dividend yield0.93%1.25%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+30.6%+25.4%
CAGR 3Y+15.4%+17.8%
CAGR 5Y+6.2%+9.4%
Sharpe 3Y0.630.83
Volatility 1Y17.63%15.36%
Max drawdown-42.50%-40.67%

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

Similar to OMFS and FSMD