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TMSL vs FESM

T. Rowe Price Small-Mid Cap ETF vs Fidelity Enhanced Small Cap Core ETF

TMSL

T. Rowe Price Small-Mid Cap ETF

T. Rowe Price

Annual cost

0.55%

Fund size

$2.0B

FESM

Fidelity Enhanced Small Cap Core ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$5.0B

Key differences

  • FESM costs 0.27% less per year.
  • TMSL follows a index tracking strategy; FESM uses index enhanced.
  • FESM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMSLFESM
Annual cost (TER)0.55%0.28%
Fund size (AUM)$2.0B$5.0B
Since20232007
Dividend yield0.51%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+32.2%+52.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y17.29%19.05%
Max drawdown-24.39%-26.93%

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

Similar to TMSL and FESM