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FESMvsRSSLETF Comparison

ETF 1
FESM

Fidelity Enhanced Small Cap ETF

This fund is part of
US Small Cap
-0.4%
Full FESM fund page
VS
ETF 2
RSSL

Global X Russell 2000 ETF

This fund is part of
US Small Cap
-0.4%
Full RSSL fund page

Fidelity Enhanced Small Cap ETF (FESM) and Global X Russell 2000 ETF (RSSL) belong to the same industry segment: US Small Cap. FESM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, RSSL's top sector exposures are Industrials, Health Care and Financials. FESM is more expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.08% for RSSL. FESM is up 2.28% year-to-date (YTD) with +$592M in YTD flows. RSSL performs better with 2.84% YTD performance, and -$28M in YTD flows. Run a side-by-side ETF comparison of FESM and RSSL 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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FESM vs RSSL performance and flow charts

Performance

-6.0-5.0-4.0-3.0-2.0-1.00.0%Feb 10Feb 18Feb 25Mar 4

Cumulative Flows

0 M50 M100 M150 M200 MFeb 10Feb 18Feb 25Mar 4

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Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
FESM
RSSL
-4.76%-4.80%
-0.09%-0.18%
+2.28%+2.84%
+33.23%+27.82%
n/an/a
n/an/a
Flows
FESM
RSSL
+$184M+$15M
+$780M-$78M
+$592M-$28M
+$1.41B-$380M
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
FESM
RSSL
+18.69%+18.35%
+23.21%+23.05%
n/an/a
n/an/a
Max drawdown
FESM
RSSL
-6.68%-6.99%
-16.30%-16.46%
n/an/a
n/an/a
Max drawdown duration
FESM
RSSL
47d47d
52d52d
n/an/a
n/an/a
Trading data

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FESM
RSSL
Last sale
3/11/2026 at 1:30 PM
$38.48
$99.05
Previous close
03/10/2026
$38.64
$99.14
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FESM
is actively managed and doesn’t replicate an index

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FESM
RSSL
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
FESM
RSSL
Last price
$38.48
$99.05
1D performance
-0.41%
-0.09%
AuM$4.00 B$1.36 B
E/R0.28%0.08%
Characteristics
FESM
RSSL
Management strategyActivePassive
ProviderFidelityGlobal X
Benchmark-Russell 2000 RIC Capped Index
N° of holdings5221631
Asset class--
Trailing 12m distribution yield
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Inception dateNovember 20, 2023June 4, 2024
ESGNoNo
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Exposure

Countries

FESM
USA
92.77%
Other
7.23%
RSSL
USA
91.11%
Other
8.89%

Sectors

FESM
Industrials
17.51%
Information Techn.
16.09%
Financials
14.59%
Health Care
14.13%
Consumer Discreti.
8.73%
Other
28.95%
RSSL
Industrials
16.02%
Health Care
15.1%
Financials
15.07%
Information Techn.
14.37%
Consumer Discreti.
8.53%
Other
30.91%
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Diversification

FESM

Total weight of top 15 holdings out of 15

13.61%
RSSL

Total weight of top 15 holdings out of 15

7.74%

Top 15 holdings

Data as of January 31, 2026
FESM
BLOOM ENERGY CORP
1.55%
COEUR MINING INC
1.16%
CREDO TECHNOLOGY GROUP HOLDING
1.11%
HECLA MINING
1.09%
FABRINET
1.06%
GUARDANT HEALTH INC
0.95%
COMMERCIAL METALS
0.82%
ENERSYS
0.82%
COMPASS
0.79%
OPTION CARE HEALTH INC
0.73%
HEALTHEQUITY I/D
0.73%
CARETRUST REIT
0.71%
LUMEN TECHNOLOGIES INC
0.71%
SANMINA CORP
0.70%
VICOR
0.70%
RSSL
BLOOM ENERGY CORP
1.09%
CREDO TECHNOLOGY GROUP HOLDING
0.63%
KRATOS DEFENSE AND SECURITY SOLS
0.58%
FABRINET
0.57%
US65290E1010
0.57%
HECLA MINING
0.54%
COEUR MINING INC
0.50%
ECHOSTAR
0.49%
IONQ
0.47%
GUARDANT HEALTH INC
0.43%
RAMBUS
0.42%
BRIDGEBIO PHARMA
0.40%
STERLING INFRASTRUCTURE INC
0.36%
AEROVIRONMENT
0.35%
DYCOM INDUSTRIES
0.33%
Frequently asked questions about FESM and RSSL

How have the FESM and RSSL ETFs performed in 2026?

As of March 10, 2026, FESM is up 2.28% year-to-date (YTD), while RSSL has returned 2.84%. That puts RSSL better performer ahead so far this year.

Which ETF is attracting more investor money: FESM or RSSL?

Year-to-date, the FESM ETF saw +$592M in flows, compared to -$28M for RSSL.

Which ETF is more volatile: FESM or RSSL?

Over the past year, FESM had a volatility of 23.21%, while RSSL experienced 23.05%.

Which ETF is bigger: FESM or RSSL?

As of March 10, 2026, FESM holds $4.00 B in assets under management (AUM), while RSSL manages $1.36 B.

What sectors do the FESM and RSSL ETFs invest in?

FESM leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, RSSL focuses on Industrials, Health Care and Financials.

What are the top holdings of the FESM ETF and RSSL ETF?

FESM top holdings include BLOOM ENERGY CORP, COEUR MINING INC and CREDO TECHNOLOGY GROUP HOLDING. RSSL 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 RSSL?

FESM holds 578 securities with 13.61% of its assets in the top 15. RSSL has 1883 securities and a top 15 weight of 7.74%.

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