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FDMvsSMLVETF Comparison

ETF 1
FDM

First Trust Dow Jones Select MicroCap Index Fund ETF

This fund is part of
US Small Cap
-1.21%
VS
ETF 2
SMLV

State Street SPDR US Small Cap Low Volatility Index ETF

This fund is part of
US Low Volatility
-0%

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 Financials, Industrials and Consumer Discretionary. In contrast, SMLV's top sector exposures are Financials, Industrials and Information Technology. FDM is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.12% for SMLV. FDM is up 11.83% year-to-date (YTD) with +$13M in YTD flows. SMLV performs better with 13.06% 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.

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FDM vs SMLV performance and flow charts

Performance

0.01.02.03.04.05.06.07.0%Apr 6Apr 13Apr 20Apr 27May 4

Cumulative Flows

-5 M0 M5 M10 M15 MApr 6Apr 13Apr 20Apr 27May 4

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Historic performance and flows
Data as of 05/06/2026
1M3MYTD1Y3Y5Y
Perf.
FDM
SMLV
+6.23%+5.55%
+2.14%+3.25%
+11.83%+13.06%
+45.67%+26.38%
+84.30%+62.32%
+61.00%+45.10%
Flows
FDM
SMLV
+$9M+$16M
+$13M+$12M
+$13M+$13M
+$18M+$7M
+$6M-$23M
+$10M-$40M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDM
SMLV
+18.25%+14.18%
+19.05%+15.50%
+21.08%+18.92%
+21.64%+18.35%
Max drawdown
FDM
SMLV
-8.71%-7.17%
-8.71%-7.24%
-23.13%-20.24%
-23.71%-20.24%
Max drawdown duration
FDM
SMLV
59d45d
59d59d
208d408d
974d408d
Trading data

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FDM
SMLV
Last sale
5/8/2026 at 1:30 PM
$88.17
$147.68
Previous close
05/07/2026
$88.04
$147.43
Consolidated volume
05/07/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

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FDM
SMLV
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 5/8/2026 at 1:30 PM
Live
Closed
FDM
SMLV
Last price
$88.17
$147.68
1D performance
+0.15%
+0.17%
AuM$253.25 M$238.87 M
E/R0.65%0.12%
Characteristics
FDM
SMLV
Management strategyPassivePassive
ProviderFirst TrustState Street Investment Management
BenchmarkDow Jones Select MicroCap IndexSSGA US Small Cap Low Volatility Index
N° of holdings136385
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateSeptember 27, 2005February 20, 2013
ESGNoNo
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Exposure

Countries

FDM
USA
93.35%
Other
6.65%
SMLV
USA
92.56%
Other
7.44%

Sectors

FDM
Financials
39.46%
Industrials
13.88%
Consumer Discreti.
11.16%
Other
35.5%
SMLV
Financials
31.98%
Industrials
13.63%
Information Techn.
9.91%
Real Estate
9.7%
Health Care
8.61%
Consumer Discreti.
7.04%
Other
19.13%
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Diversification

FDM

Total weight of top 15 holdings out of 15

21.78%
SMLV

Total weight of top 15 holdings out of 15

8.11%

Top 15 holdings

Data as of March 31, 2026
FDM
STOKE THERAPEUTICS INC
2.30%
AMERICAN AXLE AND MANUFACTURING
1.96%
DELUXE
1.75%
KYG386441037
1.65%
TETRA TECHNOLOGIES
1.56%
AMERICAN PUBLIC EDUCATION
1.45%
DOUGLAS DYNMCS
1.38%
SUN COUNTRY AIRLINES HOLDINGS
1.26%
BUSINESS FIRST BANCSHARES INC
1.25%
GANNETT CO INC
1.23%
GENCO SHIPPING & TRADING
1.23%
CNB FINANCIAL
1.20%
HORIZON BANCORP
1.19%
CENTRAL PACIFIC FINANCIAL
1.19%
AMARK PRECIOUS/D
1.18%
SMLV
PHILLIPS EDISON AND COMPANY
0.64%
NORTHWESTERN
0.60%
HORACE MANN EDUCATORS
0.59%
CITY HOLDING
0.59%
AMERICAN STATES WATER
0.59%
MCGRATH RENT
0.54%
SPIRE INC
0.53%
SAFETY INSURANCE
0.52%
US0477263026
0.51%
FOUR CORNERS PROPERTY TRUST
0.51%
NJ RESOURCES
0.51%
NELNET
0.51%
FLOWERS FOODS
0.50%
WHITE MTN INS
0.49%
LANDSTAR SYSTEM
0.48%
Frequently asked questions about FDM and SMLV

How have the FDM and SMLV ETFs performed in 2026?

As of May 6, 2026, FDM is up 11.83% year-to-date (YTD), while SMLV has returned 13.06%. 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 19.05%, while SMLV experienced 15.5%.

Which ETF is bigger: FDM or SMLV?

As of May 6, 2026, FDM holds $253.25 M in assets under management (AUM), while SMLV manages $238.87 M.

What sectors do the FDM and SMLV ETFs invest in?

FDM leans toward sectors like Financials, Industrials and Consumer Discretionary. Meanwhile, SMLV focuses on Financials, Industrials and Information Technology.

What are the top holdings of the FDM ETF and SMLV ETF?

FDM top holdings include STOKE THERAPEUTICS INC, AMERICAN AXLE AND MANUFACTURING and DELUXE. SMLV holds in its top three: PHILLIPS EDISON AND COMPANY, NORTHWESTERN and HORACE MANN EDUCATORS.

Which ETF is more diversified: FDM or SMLV?

FDM holds 149 securities with 21.78% of its assets in the top 15. SMLV has 402 securities and a top 15 weight of 8.11%.

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