FDMvsSMLVETF Comparison
VS
ETF 2
SMLV
State Street SPDR US Small Cap Low Volatility Index ETF
This fund is part of
US Low Volatility
-0.32%
First Trust Dow Jones Select MicroCap Index Fund ETF (FDM) belongs to the US Small Cap segment. State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) is part of the US Low Volatility segment. FDM's top 3 sector exposures are Finance, Consumer Cyclicals and Industrials. In contrast, SMLV's top sector exposures are Finance, Healthcare and Technology. FDM is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.12% for SMLV. FDM is up 17.47% year-to-date (YTD) with +$13M in YTD flows. SMLV performs better with 24.01% YTD performance, and +$13M in YTD flows. Run a side-by-side ETF comparison of FDM and SMLV 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
FDM vs SMLV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDM SMLV | +0.01%+2.26% | +5.04%+11.40% | +17.47%+24.01% | +30.01%+30.42% | +62.38%+59.98% | +69.23%+62.94% |
| Flows | FDM SMLV | --$2M | +$9M-$60K | +$13M+$13M | +$18M+$5M | +$9M-$22M | +$13M-$35M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDM SMLV | +15.47%+13.04% | +18.13%+14.77% | +20.57%+18.59% | +21.30%+18.25% |
| Max drawdown | FDM SMLV | -5.03%-2.98% | -8.71%-7.24% | -23.13%-20.24% | -23.71%-20.24% |
| Max drawdown duration | FDM SMLV | 38d11d | 59d59d | 208d408d | 974d408d |
Trading data
FDM | SMLV | |
Last sale 7/30/2026 at 1:30 PM | $91.70 | $159.56 |
| Previous close 07/29/2026 | $91.82 | $160.63 |
| Consolidated volume 07/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FDM | SMLV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/30/2026 at 1:30 PM
Live
Closed
FDM | SMLV | |
|---|---|---|
| Last price | $91.70 | $159.56 |
| 1D performance | -0.13% | -0.67% |
| AuM | $264.91 M | $260.42 M |
| E/R | 0.65% | 0.12% |
Characteristics
FDM | SMLV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | State Street Investment Management |
| Benchmark | Dow Jones Select MicroCap Index | SSGA US Small Cap Low Volatility Index |
| N° of holdings | 146 | 398 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 27, 2005 | February 20, 2013 |
| ESG | No | No |
Advertisement
Exposure
Countries
FDM
USA
97.54%
Other
2.46%
SMLV
USA
93.53%
Other
6.47%
Sectors
FDM
Finance
45.72%
Consumer Cyclical.
8.22%
Industrials
7.03%
Other
39.03%
SMLV
Finance
44.93%
Healthcare
9%
Technology
8.86%
Industrials
8.18%
Other
29.03%
Advertisement
Diversification
FDM
Total weight of top 15 holdings out of 15
21.97%
SMLV
Total weight of top 15 holdings out of 15
8.22%
Top 15 holdings
Data as of June 30, 2026
FDM
Stoke Therapeutics, Inc.
2.27%
TETRA Technologies, Inc.
1.72%
NWPX Infrastructure, 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%
SMLV
Horace Mann Educators Corp.
0.64%
Phillips Edison & Co., Inc.
0.64%
City Holding Co.
0.58%
NorthWestern Energy Group, Inc.
0.58%
Vishay Precision Group, Inc.
0.58%
American States Water Co.
0.57%
Atlanta Braves Holdings, Inc.
0.56%
Landstar System, Inc.
0.55%
Selective Insurance Group, Inc.
0.53%
McGrath RentCorp
0.53%
Apple Hospitality REIT, Inc.
0.51%
Community Trust Bancorp, Inc. (Kentucky)
0.49%
MSC Industrial Direct Co., Inc.
0.49%
Chemed Corp.
0.48%
TFS Financial Corp.
0.48%
Frequently asked questions about FDM and SMLV
How have the FDM and SMLV ETFs performed in 2026?
As of July 28, 2026, FDM is up 17.47% year-to-date (YTD), while SMLV has returned 24.01%. That puts SMLV better performer ahead so far this year.
Which ETF is attracting more investor money: FDM or SMLV?
Year-to-date, the FDM ETF saw +$13M in flows, compared to +$13M for SMLV.
Which ETF is more volatile: FDM or SMLV?
Over the past year, FDM had a volatility of 18.13%, while SMLV experienced 14.77%.
Which ETF is bigger: FDM or SMLV?
As of July 28, 2026, FDM holds $264.91 M in assets under management (AUM), while SMLV manages $260.42 M.
What sectors do the FDM and SMLV ETFs invest in?
FDM leans toward sectors like Finance, Consumer Cyclicals and Industrials. Meanwhile, SMLV focuses on Finance, Healthcare and Technology.
What are the top holdings of the FDM ETF and SMLV ETF?
FDM top holdings include Stoke Therapeutics, Inc., TETRA Technologies, Inc. and NWPX Infrastructure, Inc.. SMLV holds in its top three: Horace Mann Educators Corp., Phillips Edison & Co., Inc. and City Holding Co..
Which ETF is more diversified: FDM or SMLV?
FDM holds 146 securities with 21.97% of its assets in the top 15. SMLV has 398 securities and a top 15 weight of 8.22%.
Advertisement
Latest news about FDM & SMLV
Advertisement
