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FESMvsIWMETF Comparison
Fidelity Enhanced Small Cap ETF (FESM) and iShares Russell 2000 ETF (IWM) belong to the same industry segment: US Small Cap. FESM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, IWM's top sector exposures are Industrials, Financials and Health Care. FESM is more expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.19% for IWM. FESM is up 2.28% year-to-date (YTD) with +$592M in YTD flows. IWM performs better with 2.85% YTD performance, and -$5.75B in YTD flows. Run a side-by-side ETF comparison of FESM and IWM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FESM vs IWM performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FESM IWM | -4.76%-4.80% | -0.09%-0.18% | +2.28%+2.85% | +33.23%+27.75% | n/a+49.38% | n/a+18.60% |
| Flows | FESM IWM | +$184M-$3.19B | +$780M-$2.64B | +$592M-$5.75B | +$1.41B-$8.16B | --$1.49B | --$6.89B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FESM IWM | +18.69%+18.61% | +23.21%+23.10% | n/a+21.21% | n/a+22.68% |
| Max drawdown | FESM IWM | -6.68%-6.99% | -16.30%-16.45% | n/a-27.52% | n/a-31.96% |
| Max drawdown duration | FESM IWM | 47d47d | 52d52d | n/a289d | n/a1093d |
FESM | IWM | |
Last sale 3/11/2026 at 1:30 PM | $38.48 | $252.85 |
| Previous close 03/10/2026 | $38.64 | $253.36 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FESM | IWM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FESM | IWM | |
|---|---|---|
| Last price | $38.48 | $252.85 |
| 1D performance | -0.41% | -0.20% |
| AuM | $4.00 B | $70.17 B |
| E/R | 0.28% | 0.19% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FESM and IWM ETFs performed in 2026?
As of March 10, 2026, FESM is up 2.28% year-to-date (YTD), while IWM has returned 2.85%. That puts IWM better performer ahead so far this year.
Which ETF is attracting more investor money: FESM or IWM?
Year-to-date, the FESM ETF saw +$592M in flows, compared to -$5.75B for IWM.
Which ETF is more volatile: FESM or IWM?
Over the past year, FESM had a volatility of 23.21%, while IWM experienced 23.1%.
Which ETF is bigger: FESM or IWM?
As of March 10, 2026, FESM holds $4.00 B in assets under management (AUM), while IWM manages $70.17 B.
What sectors do the FESM and IWM ETFs invest in?
FESM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, IWM focuses on Industrials, Financials and Health Care.
What are the top holdings of the FESM ETF and IWM ETF?
FESM top holdings include BLOOM ENERGY CORP, COEUR MINING INC and CREDO TECHNOLOGY GROUP HOLDING. IWM holds in its top three: BLOOM ENERGY CORP, CREDO TECHNOLOGY GROUP HOLDING and KRATOS DEFENSE AND SECURITY SOLS.
Which ETF is more diversified: FESM or IWM?
FESM holds 578 securities with 13.61% of its assets in the top 15. IWM has 1942 securities and a top 15 weight of 7.78%.
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