FDMvsFSEVETF Comparison
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First Trust Dow Jones Select MicroCap Index Fund ETF (FDM) belongs to the US Small Cap segment. Fidelity Enhanced Small Cap Value ETF (FSEV) is part of the US Multi-Factor segment. FDM's top 3 sector exposures are Finance, Consumer Cyclicals and Industrials. In contrast, FSEV's top sector exposures are Finance, Technology and Industrials. FDM is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.28% for FSEV. Run a side-by-side ETF comparison of FDM and FSEV 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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FDM vs FSEV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDM FSEV | -1.29%+0.23% | +4.47%+5.76% | +16.14%n/a | +30.57%n/a | +59.64%n/a | +67.29%n/a |
| Flows | FDM FSEV | -- | +$4M+$1M | +$13M- | +$18M- | +$9M- | +$13M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDM FSEV | +14.90%+15.00% | +18.12%n/a | +20.56%n/a | +21.30%n/a |
| Max drawdown | FDM FSEV | -5.03%-4.05% | -8.71%n/a | -23.13%n/a | -23.71%n/a |
| Max drawdown duration | FDM FSEV | 38d16d | 59dn/a | 208dn/a | 974dn/a |
Trading data
FDM | FSEV | |
Last sale 8/3/2026 at 4:04 PM | $92.86 | $27.06 |
| Previous close 07/31/2026 | $91.44 | $26.68 |
| Consolidated volume 07/31/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of July 30, 2026
1-year trailing difference
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FSEV
is actively managed and doesn’t replicate an indexFDM | FSEV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 8/3/2026 at 4:04 PM
Live
Closed
FDM | FSEV | |
|---|---|---|
| Last price | $92.86 | $27.06 |
| 1D performance | +1.55% | +1.42% |
| AuM | $261.91 M | $6.67 M |
| E/R | 0.65% | 0.28% |
Characteristics
FDM | FSEV | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Fidelity |
| Benchmark | Dow Jones Select MicroCap Index | - |
| N° of holdings | 146 | 356 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 27, 2005 | April 29, 2026 |
| ESG | No | No |
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Exposure
Countries
FDM
USA
97.54%
Other
2.46%
FSEV
USA
93.07%
Other
6.93%
Sectors
FDM
Finance
45.72%
Consumer Cyclical.
8.22%
Industrials
7.03%
Other
39.03%
FSEV
Finance
35.54%
Technology
10.02%
Industrials
9.66%
Healthcare
9.1%
Consumer Cyclical.
8.47%
Other
27.2%
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Diversification
FDM
Total weight of top 15 holdings out of 15
21.97%
FSEV
Total weight of top 15 holdings out of 15
13.81%
Top 15 holdings
Data as of June 30, 2026
FDM
Stoke Therapeutics, Inc.
2.27%
NWPX Infrastructure, Inc.
1.72%
TETRA Technologies, Inc.
1.72%
Dauch Corp.
1.55%
Douglas Dynamics, Inc.
1.50%
United Fire Group, Inc.
1.46%
Deluxe Corp.
1.40%
USA TODAY Co., Inc.
1.39%
Universal Insurance Holdings, Inc.
1.32%
Horizon Bancorp, Inc. (Indiana)
1.30%
Oil-Dri Corp. of America
1.29%
Business First Bancshares, Inc.
1.27%
American Public Education, Inc.
1.27%
Central Pacific Financial Corp.
1.26%
CNB Financial Corp. (Pennsylvania)
1.25%
FSEV
Fluor Corp.
1.12%
EnerSys
1.06%
UMB Financial Corp.
1.04%
Commercial Metals Co.
1.04%
Valley National Bancorp
0.95%
Bread Financial Holdings, Inc.
0.95%
OPENLANE, Inc.
0.91%
Glacier Bancorp, Inc.
0.86%
Phillips Edison & Co., Inc.
0.85%
American Healthcare REIT, Inc.
0.85%
CNO Financial Group, Inc.
0.85%
Diodes, Inc.
0.84%
Sphere Entertainment Co.
0.83%
GATX Corp.
0.83%
Marriott Vacations Worldwide Corp.
0.83%
Frequently asked questions about FDM and FSEV
Which ETF is bigger: FDM or FSEV?
As of July 30, 2026, FDM holds $261.91 M in assets under management (AUM), while FSEV manages $6.67 M.
What sectors do the FDM and FSEV ETFs invest in?
FDM leans toward sectors like Finance, Consumer Cyclicals and Industrials. Meanwhile, FSEV focuses on Finance, Technology and Industrials.
What are the top holdings of the FDM ETF and FSEV ETF?
FDM top holdings include Stoke Therapeutics, Inc., NWPX Infrastructure, Inc. and TETRA Technologies, Inc.. FSEV holds in its top three: Fluor Corp., EnerSys and UMB Financial Corp..
Which ETF is more diversified: FDM or FSEV?
FDM holds 146 securities with 21.97% of its assets in the top 15. FSEV has 357 securities and a top 15 weight of 13.81%.
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Latest news about FDM & FSEV
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