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FESMvsIWMWETF Comparison
Fidelity Enhanced Small Cap ETF (FESM) belongs to the US Small Cap segment. iShares Russell 2000 BuyWrite ETF (IWMW) is part of the Options Strategies segment. FESM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, IWMW's top sector exposures are Industrials, Financials and Health Care. FESM is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.39% for IWMW. FESM is up 2.28% year-to-date (YTD) with +$592M in YTD flows. IWMW performs worse with 1.45% YTD performance, and +$13M in YTD flows. Run a side-by-side ETF comparison of FESM and IWMW 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 IWMW performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FESM IWMW | -4.76%-2.21% | -0.09%+1.38% | +2.28%+1.45% | +33.23%+16.28% | n/an/a | n/an/a |
| Flows | FESM IWMW | +$184M+$4M | +$780M+$17M | +$592M+$13M | +$1.41B+$26M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FESM IWMW | +18.69%+12.83% | +23.21%+17.47% | n/an/a | n/an/a |
| Max drawdown | FESM IWMW | -6.68%-4.25% | -16.30%-14.60% | n/an/a | n/an/a |
| Max drawdown duration | FESM IWMW | 47d12d | 52d98d | n/an/a | n/an/a |
FESM | IWMW | |
Last sale 3/11/2026 at 1:30 PM | $38.48 | $37.80 |
| Previous close 03/10/2026 | $38.64 | $37.83 |
| 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 | IWMW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FESM | IWMW | |
|---|---|---|
| Last price | $38.48 | $37.80 |
| 1D performance | -0.41% | -0.08% |
| AuM | $4.00 B | $46.95 M |
| E/R | 0.28% | 0.39% |
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 IWMW ETFs performed in 2026?
As of March 10, 2026, FESM is up 2.28% year-to-date (YTD), while IWMW has returned 1.45%. That puts FESM better performer ahead so far this year.
Which ETF is attracting more investor money: FESM or IWMW?
Year-to-date, the FESM ETF saw +$592M in flows, compared to +$13M for IWMW.
Which ETF is more volatile: FESM or IWMW?
Over the past year, FESM had a volatility of 23.21%, while IWMW experienced 17.47%.
Which ETF is bigger: FESM or IWMW?
As of March 10, 2026, FESM holds $4.00 B in assets under management (AUM), while IWMW manages $46.95 M.
What sectors do the FESM and IWMW ETFs invest in?
FESM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, IWMW focuses on Industrials, Financials and Health Care.
What are the top holdings of the FESM ETF and IWMW ETF?
FESM top holdings include BLOOM ENERGY CORP, COEUR MINING INC and CREDO TECHNOLOGY GROUP HOLDING. IWMW 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 IWMW?
FESM holds 578 securities with 13.61% of its assets in the top 15. IWMW has 1942 securities and a top 15 weight of 8.07%.
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