BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

BFORvsFSMDETF Comparison

ETF 1

BFOR

BARRON’S 400 ETF

This fund is part of

US Multi-Factor

-1.01%

Full BFOR fund page

VS

ETF 2

FSMD

Fidelity Small-Mid Multifactor ETF

This fund is part of

US Multi-Factor

-1.01%

Full FSMD fund page

BARRON’S 400 ETF (BFOR) and Fidelity Small-Mid Multifactor ETF (FSMD) belong to the same industry segment: US Multi-Factor. BFOR's top 3 sector exposures are Finance, Technology and Healthcare. In contrast, FSMD's top sector exposures are Finance, Healthcare and Technology. BFOR is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.15% for FSMD. BFOR is up 12.94% year-to-date (YTD) with +$19M in YTD flows. FSMD performs better with 13.07% YTD performance, and +$351M in YTD flows. Run a side-by-side ETF comparison of BFOR 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

BFOR vs FSMD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BFOR FSMD	+0.04%-1.09%	-1.40%-2.98%	+12.94%+13.07%	+17.46%+16.22%	+68.93%+60.38%	+59.40%+52.62%
Flows	BFOR FSMD	-$629K+$35M	+$8M+$72M	+$19M+$351M	+$21M+$439M	+$23M+$1.93B	+$13M+$2.00B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BFOR FSMD	+10.85%+12.28%	+13.86%+14.92%	+16.92%+17.03%	+19.36%+18.21%
Max drawdown	BFOR FSMD	-6.98%-7.33%	-8.35%-8.28%	-21.70%-22.27%	-26.04%-22.27%
Max drawdown duration	BFOR FSMD	61d60d	49d43d	219d289d	815d289d

Trading data

Create an account to view trading data

Join for free

	BFOR	FSMD
Last sale 10/19/2026 at 1:30 PM	$23.31	$49.28
Previous close 10/16/2026	$23.24	$49.35
Consolidated volume 10/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	BFOR	FSMD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/19/2026 at 1:30 PM

Live

Closed

	BFOR	FSMD
Last price	$23.31	$49.28
1D performance	+0.30%	-0.14%
AuM	$231.24 M	$2.50 B
E/R	0.65%	0.15%

Characteristics

	BFOR	FSMD
Management strategy	Passive	Passive
Provider	ALPS	Fidelity
Benchmark	Barron's 400 Index	Fidelity Small-Mid Multifactor Index
N° of holdings	396	599
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 3, 2013	February 26, 2019
ESG	No	No

More BFOR data on Trackinsight

More FSMD data on Trackinsight

Exposure

Countries

BFOR

USA

95.16%

Other

4.84%

FSMD

USA

95.78%

Other

4.22%

Sectors

BFOR

Finance

23.87%

Technology

17.7%

Healthcare

12.41%

Industrials

12.28%

Other

33.75%

FSMD

Finance

24.45%

Healthcare

15.28%

Technology

15.22%

Industrials

13.1%

Other

31.94%

Diversification

BFOR

Total weight of top 15 holdings out of 15

6.95%

FSMD

Total weight of top 15 holdings out of 15

5.35%

Top 15 holdings

Data as of August 31, 2026

BFOR

Dell Technologies, Inc.

0.66%

Advanced Micro Devices, Inc.

0.53%

Marvell Technology, Inc.

0.53%

Sandisk Corp.

0.52%

Micron Technology, Inc.

0.49%

Seagate Technology Holdings Plc

0.47%

Nutex Health, Inc.

0.47%

Fortinet, Inc.

0.45%

SharkNinja, Inc.

0.42%

Credo Technology Group Holding Ltd.

0.42%

Paycom Software, Inc.

0.41%

Iridium Communications, Inc.

0.41%

Sezzle, Inc.

0.40%

Rigel Pharmaceuticals, Inc.

0.39%

Illumina, Inc.

0.39%

FSMD

Everpure, Inc.

0.50%

Tenet Healthcare Corp.

0.40%

nVent Electric Plc

0.39%

Guardant Health, Inc.

0.38%

Incyte Corp.

0.37%

Nutanix, Inc.

0.35%

Permian Resources Corp.

0.35%

Loews Corp.

0.34%

East West Bancorp, Inc.

0.34%

TD SYNNEX Corp.

0.34%

Gen Digital, Inc.

0.33%

Reinsurance Group of America, Inc.

0.32%

HF Sinclair Corp.

0.32%

MKS, Inc.

0.31%

Zebra Technologies Corp.

0.31%

Frequently asked questions about BFOR and FSMD

How have the BFOR and FSMD ETFs performed in 2026?

As of October 16, 2026, BFOR is up 12.94% year-to-date (YTD), while FSMD has returned 13.07%. That puts FSMD better performer ahead so far this year.

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

Year-to-date, the BFOR ETF saw +$19M in flows, compared to +$351M for FSMD.

Which ETF is more volatile: BFOR or FSMD?

Over the past year, BFOR had a volatility of 13.86%, while FSMD experienced 14.92%.

Which ETF is bigger: BFOR or FSMD?

As of October 16, 2026, BFOR holds $231.24 M in assets under management (AUM), while FSMD manages $2.50 B.

What sectors do the BFOR and FSMD ETFs invest in?

BFOR leans toward sectors like Finance, Technology and Healthcare. Meanwhile, FSMD focuses on Finance, Healthcare and Technology.

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

BFOR top holdings include Dell Technologies, Inc., Advanced Micro Devices, Inc. and Marvell Technology, Inc.. FSMD holds in its top three: Everpure, Inc., Tenet Healthcare Corp. and nVent Electric Plc.

BFORvsFSMDETF Comparison

BARRON’S 400 ETF

Fidelity Small-Mid Multifactor ETF

BFOR vs FSMD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the BFOR and FSMD ETFs performed in 2026?

As of October 16, 2026, BFOR is up 12.94% year-to-date (YTD), while FSMD has returned 13.07%. That puts FSMD better performer ahead so far this year.

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

Year-to-date, the BFOR ETF saw +$19M in flows, compared to +$351M for FSMD.

Which ETF is more volatile: BFOR or FSMD?

Over the past year, BFOR had a volatility of 13.86%, while FSMD experienced 14.92%.

Which ETF is bigger: BFOR or FSMD?

As of October 16, 2026, BFOR holds $231.24 M in assets under management (AUM), while FSMD manages $2.50 B.

What sectors do the BFOR and FSMD ETFs invest in?

BFOR leans toward sectors like Finance, Technology and Healthcare. Meanwhile, FSMD focuses on Finance, Healthcare and Technology.

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

BFOR top holdings include Dell Technologies, Inc., Advanced Micro Devices, Inc. and Marvell Technology, Inc.. FSMD holds in its top three: Everpure, Inc., Tenet Healthcare Corp. and nVent Electric Plc.

Which ETF is more diversified: BFOR or FSMD?

BFOR holds 396 securities with 6.95% of its assets in the top 15. FSMD has 599 securities and a top 15 weight of 5.35%.

ETFs’ Next Act: From Access to Selection