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AFMCvsFSMDETF Comparison

ETF 1
AFMC

First Trust Active Factor Mid Cap ETF

This fund is part of
US Multi-Factor
-0.25%
Full AFMC fund page
VS
ETF 2
FSMD

Fidelity Small-Mid Multifactor ETF

This fund is part of
US Multi-Factor
-0.25%
Full FSMD fund page

First Trust Active Factor Mid Cap ETF (AFMC) and Fidelity Small-Mid Multifactor ETF (FSMD) belong to the same industry segment: US Multi-Factor. AFMC's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, FSMD's top sector exposures are Industrials, Financials and Information Technology. AFMC is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.15% for FSMD. AFMC is up 2.67% year-to-date (YTD) with +$35M in YTD flows. FSMD performs worse with 0.19% YTD performance, and +$174M in YTD flows. Run a side-by-side ETF comparison of AFMC and FSMD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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AFMC vs FSMD performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Feb 12Feb 20Feb 27Mar 6Mar 13

Cumulative Flows

0 M100 M200 M300 M400 MFeb 12Feb 20Feb 27Mar 6Mar 13

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Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
AFMC
FSMD
-4.45%-6.16%
+1.14%-1.36%
+2.67%+0.19%
+19.06%+18.04%
+62.84%+48.65%
+50.27%+42.12%
Flows
AFMC
FSMD
+$18M+$59M
+$35M+$215M
+$35M+$174M
+$82M+$958M
+$120M+$1.77B
+$119M+$1.82B
Volatility and drawdown
3M1Y3Y5Y
Volatility
AFMC
FSMD
+14.85%+14.06%
+19.50%+19.01%
+17.76%+16.90%
+19.49%+18.25%
Max drawdown
AFMC
FSMD
-6.20%-7.06%
-13.21%-13.29%
-21.83%-22.27%
-25.69%-22.27%
Max drawdown duration
AFMC
FSMD
18d15d
46d46d
289d289d
752d289d
Trading data

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AFMC
FSMD
Last sale
3/13/2026 at 1:30 PM
$35.24
$44.23
Previous close
03/12/2026
$35.35
$44.23
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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AFMC
is actively managed and doesn’t replicate an index

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AFMC
FSMD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
AFMC
FSMD
Last price
$35.24
$44.23
1D performance
-0.31%
+0.00%
AuM$132.52 M$2.08 B
E/R0.65%0.15%
Characteristics
AFMC
FSMD
Management strategyActivePassive
ProviderFirst TrustFidelity
Benchmark-Fidelity Small-Mid Multifactor Index
N° of holdings258546
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 3, 2019February 26, 2019
ESGNoNo
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Exposure

Countries

AFMC
USA
94.2%
Other
5.8%
FSMD
USA
92.39%
Other
7.61%

Sectors

AFMC
Industrials
21.43%
Information Techn.
16.9%
Financials
14.92%
Consumer Discreti.
13.83%
Health Care
9.72%
Other
23.2%
FSMD
Industrials
20.07%
Financials
15.72%
Information Techn.
13.59%
Consumer Discreti.
11.33%
Health Care
10.81%
Other
28.48%
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Diversification

AFMC

Total weight of top 15 holdings out of 15

15.32%
FSMD

Total weight of top 15 holdings out of 15

7.83%

Top 15 holdings

Data as of January 31, 2026
AFMC
MUELLER INDUSTRIES
1.66%
FEDERATED HERMES
1.12%
EXELIXIS
1.12%
BORGWARNER
1.07%
NFG
1.02%
CURTISS WRIGHT
1.01%
OSHKOSH
1.01%
TD SYNNEX
0.96%
FLEX LTD
0.96%
UGI
0.94%
HALOZYME THERAPEUTICS
0.94%
MAXIMUS
0.89%
OLD REPUBLIC
0.88%
UNUM
0.87%
WOODWARD
0.87%
FSMD
GB00BRXH2664
0.92%
CIENA
0.75%
COMFORT SYSTEMS USA
0.72%
EMCOR GROUP
0.56%
TAPESTRY INC
0.48%
FLEX LTD
0.48%
TECHNIPFMC PLC
0.47%
UTD THERAPEUT
0.46%
CURTISS WRIGHT
0.45%
PURE STORAGE
0.44%
ROYAL GOLD
0.44%
CASEYS GENERAL STORES
0.43%
CH ROBINSON WW
0.42%
US75734B1008
0.41%
KRATOS DEFENSE AND SECURITY SOLS
0.39%
Frequently asked questions about AFMC and FSMD

How have the AFMC and FSMD ETFs performed in 2026?

As of March 12, 2026, AFMC is up 2.67% year-to-date (YTD), while FSMD has returned 0.19%. That puts AFMC better performer ahead so far this year.

Which ETF is attracting more investor money: AFMC or FSMD?

Year-to-date, the AFMC ETF saw +$35M in flows, compared to +$174M for FSMD.

Which ETF is more volatile: AFMC or FSMD?

Over the past year, AFMC had a volatility of 19.5%, while FSMD experienced 19.01%.

Which ETF is bigger: AFMC or FSMD?

As of March 12, 2026, AFMC holds $132.52 M in assets under management (AUM), while FSMD manages $2.08 B.

What sectors do the AFMC and FSMD ETFs invest in?

AFMC leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, FSMD focuses on Industrials, Financials and Information Technology.

What are the top holdings of the AFMC ETF and FSMD ETF?

AFMC top holdings include MUELLER INDUSTRIES, FEDERATED HERMES and EXELIXIS. FSMD holds in its top three: GB00BRXH2664, CIENA and COMFORT SYSTEMS USA.

Which ETF is more diversified: AFMC or FSMD?

AFMC holds 265 securities with 15.32% of its assets in the top 15. FSMD has 584 securities and a top 15 weight of 7.83%.

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