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SMCO vs FESM

Hilton Small-Midcap Opportunity ETF vs Fidelity Enhanced Small Cap Core ETF

SMCO

Hilton Small-Midcap Opportunity ETF

Annual cost

0.55%

Fund size

$129M

FESM

Fidelity Enhanced Small Cap Core ETF

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • FESM costs 0.27% less per year.
  • FESM is significantly larger than SMCO — larger funds tend to be more liquid and less likely to close.
  • SMCO follows a active selection strategy; FESM uses index enhanced.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMCOFESM
Annual cost (TER)0.55%0.28%
Fund size (AUM)$129M$5.0B
Since20232007
Dividend yield0.91%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex enhanced
CAGR 1Y+23.8%+50.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y15.73%18.90%
Max drawdown-22.71%-26.93%

Similar to SMCO and FESM