ESMLvsFSMDETF Comparison
VS
iShares ESG Aware MSCI USA Small-Cap ETF (ESML) belongs to the US Small Cap segment. Fidelity Small-Mid Multifactor ETF (FSMD) is part of the US Multi-Factor segment. Both ETFs have the same top 3 sector exposures: Finance, Technology and Healthcare. ESML is more expensive with a Total Expense Ratio (TER) of 0.17%, versus 0.15% for FSMD. ESML is up 18.79% year-to-date (YTD) with +$334M in YTD flows. FSMD performs worse with 16.8% YTD performance, and +$331M in YTD flows. Run a side-by-side ETF comparison of ESML 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
ESML vs FSMD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ESML FSMD | +3.66%+3.01% | +2.53%+2.35% | +18.79%+16.80% | +20.21%+19.26% | +79.94%+73.87% | +41.55%+56.58% |
| Flows | ESML FSMD | -$61M-$10M | -$78M+$46M | +$334M+$331M | +$330M+$419M | +$606M+$1.91B | +$941M+$1.98B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ESML FSMD | +13.49%+11.82% | +16.33%+14.87% | +19.46%+16.95% | +21.17%+18.18% |
| Max drawdown | ESML FSMD | -8.35%-7.33% | -9.05%-8.28% | -26.61%-22.27% | -28.52%-22.27% |
| Max drawdown duration | ESML FSMD | 74d73d | 46d43d | 296d289d | 980d289d |
Trading data
ESML | FSMD | |
Last sale 10/30/2026 at 1:30 PM | $53.48 | $50.25 |
| Previous close 10/29/2026 | $54.19 | $50.98 |
| Consolidated volume 10/29/2026 | ||
| 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
ESML | FSMD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
ESML | FSMD | |
|---|---|---|
| Last price | $53.48 | $50.25 |
| 1D performance | -1.31% | -1.43% |
| AuM | $2.76 B | $2.56 B |
| E/R | 0.17% | 0.15% |
Characteristics
ESML | FSMD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Fidelity |
| Benchmark | MSCI USA Small Cap Extended ESG Focus Index | Fidelity Small-Mid Multifactor Index |
| N° of holdings | 905 | 597 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 10, 2018 | February 26, 2019 |
| ESG | Yes | No |
Advertisement
Exposure
Countries
ESML
USA
95.91%
Other
4.09%
FSMD
USA
95.73%
Other
4.27%
Sectors
ESML
Finance
21.56%
Technology
16.15%
Healthcare
15.79%
Industrials
14.06%
Other
32.43%
FSMD
Finance
24.06%
Technology
16.36%
Healthcare
15.25%
Industrials
13.2%
Other
31.12%
Diversification
ESML
Total weight of top 15 holdings out of 15
6.45%
FSMD
Total weight of top 15 holdings out of 15
5.83%
Top 15 holdings
Data as of September 30, 2026
ESML
Moderna, Inc.
1.07%
Assurant, Inc.
0.61%
US Foods Holding Corp.
0.53%
Ovintiv, Inc.
0.42%
Guardant Health, Inc.
0.38%
ONE Gas, Inc.
0.38%
Revvity, Inc.
0.37%
Royal Gold, Inc.
0.36%
Dynatrace, Inc.
0.35%
Nutanix, Inc.
0.35%
Equitable Holdings, Inc.
0.34%
Trimble, Inc.
0.33%
TXNM Energy, Inc.
0.32%
Jones Lang LaSalle, Inc.
0.32%
Woodward, Inc.
0.31%
FSMD
Everpure, Inc.
0.69%
nVent Electric Plc
0.45%
Guardant Health, Inc.
0.44%
Tenet Healthcare Corp.
0.40%
Incyte Corp.
0.38%
TD SYNNEX Corp.
0.37%
Semtech Corp.
0.36%
HF Sinclair Corp.
0.35%
Nutanix, Inc.
0.35%
Revvity, Inc.
0.35%
East West Bancorp, Inc.
0.35%
Loews Corp.
0.34%
Dynatrace, Inc.
0.34%
Reinsurance Group of America, Inc.
0.34%
Zebra Technologies Corp.
0.34%
Frequently asked questions about ESML and FSMD
How have the ESML and FSMD ETFs performed in 2026?
As of October 29, 2026, ESML is up 18.79% year-to-date (YTD), while FSMD has returned 16.8%. That puts ESML better performer ahead so far this year.
Which ETF is attracting more investor money: ESML or FSMD?
Year-to-date, the ESML ETF saw +$334M in flows, compared to +$331M for FSMD.
Which ETF is more volatile: ESML or FSMD?
Over the past year, ESML had a volatility of 16.33%, while FSMD experienced 14.87%.
Which ETF is bigger: ESML or FSMD?
As of October 29, 2026, ESML holds $2.76 B in assets under management (AUM), while FSMD manages $2.56 B.
What sectors do the ESML and FSMD ETFs invest in?
ESML leans toward sectors like Finance, Technology and Healthcare. Meanwhile, FSMD focuses on Finance, Technology and Healthcare.
What are the top holdings of the ESML ETF and FSMD ETF?
ESML top holdings include Moderna, Inc., Assurant, Inc. and US Foods Holding Corp.. FSMD holds in its top three: Everpure, Inc., nVent Electric Plc and Guardant Health, Inc..
Which ETF is more diversified: ESML or FSMD?
ESML holds 906 securities with 6.45% of its assets in the top 15. FSMD has 597 securities and a top 15 weight of 5.83%.
Advertisement
Advertisement
