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FESMvsRYLGETF 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

RYLG

Global X Russell 2000 Covered Call & Growth ETF

This fund is part of

Options Strategies

-0.16%

Full RYLG fund page

Fidelity Enhanced Small Cap ETF (FESM) belongs to the US Small Cap segment. Global X Russell 2000 Covered Call & Growth ETF (RYLG) is part of the Options Strategies segment. FESM's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, RYLG's top sector exposures are Industrials, Health Care and Financials. FESM is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.35% for RYLG. FESM is up 12.88% year-to-date (YTD) with +$946M in YTD flows. RYLG performs worse with 7.43% YTD performance, and -$461K in YTD flows. Run a side-by-side ETF comparison of FESM and RYLG 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 RYLG performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FESM RYLG	+15.56%+9.57%	+6.36%+2.35%	+12.88%+7.43%	+48.73%+29.78%	n/a+41.02%	n/an/a
Flows	FESM RYLG	+$153M-$226K	+$678M-$226K	+$946M-$461K	+$2.09B+$147K	-+$5M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FESM RYLG	+22.09%+17.38%	+19.23%+14.84%	n/a+16.89%	n/an/a
Max drawdown	FESM RYLG	-9.39%-7.99%	-10.11%-7.99%	n/a-22.43%	n/an/a
Max drawdown duration	FESM RYLG	46d49d	81d49d	n/a296d	n/an/a

Trading data

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	FESM	RYLG
Last sale 4/29/2026 at 1:30 PM	$42.62	$23.05
Previous close 04/28/2026	$42.53	$23.13
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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FESM

is actively managed and doesn’t replicate an index

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	FESM	RYLG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	FESM	RYLG
Last price	$42.62	$23.05
1D performance	+0.21%	-0.33%
AuM	$4.79 B	$7.87 M
E/R	0.28%	0.35%

Characteristics

	FESM	RYLG
Management strategy	Active	Passive
Provider	Fidelity	Global X
Benchmark	-	Cboe Russell 2000 Half BuyWrite Index
N° of holdings	555	1606
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2023	October 4, 2022
ESG	No	No

More FESM data on Trackinsight

More RYLG data on Trackinsight

Exposure

Countries

FESM

USA

92.12%

Other

7.88%

RYLG

USA

91.69%

Other

8.31%

Sectors

FESM

Industrials

17.55%

Information Techn.

16.09%

Financials

14.71%

Health Care

13.83%

Energy

8.15%

Consumer Discreti.

7.58%

Other

22.08%

RYLG

Industrials

15.39%

Health Care

14.99%

Financials

14.88%

Information Techn.

13.99%

Consumer Discreti.

8.49%

Other

32.26%

Diversification

FESM

Total weight of top 15 holdings out of 15

12.15%

RYLG

Total weight of top 15 holdings out of 15

7.26%

Top 15 holdings

Data as of March 31, 2026

FESM

BLOOM ENERGY CORP

1.32%

FABRINET

1.23%

CREDO TECHNOLOGY GROUP HOLDING

0.86%

GUARDANT HEALTH INC

0.81%

HEALTHEQUITY I/D

0.76%

FASTLY INC

0.76%

ENERSYS

0.76%

PLANET LABS PBC

0.76%

HECLA MINING

0.74%

COMMERCIAL METALS

0.72%

CALIFORNIA RESOURCES

0.70%

COEUR MINING INC

0.69%

PHILLIPS EDISON AND COMPANY

0.69%

DELEK US HOLDINGS

0.68%

ABERCROMBIE AND FITCH

0.67%

RYLG

BLOOM ENERGY CORP

0.93%

FABRINET

0.63%

COEUR MINING INC

0.59%

US65290E1010

0.58%

ECHOSTAR

0.54%

CREDO TECHNOLOGY GROUP HOLDING

0.50%

KRATOS DEFENSE AND SECURITY SOLS

0.42%

STERLING INFRASTRUCTURE INC

0.40%

ENSIGN GROUP

0.40%

ADVANCED ENERGY INDUSTRIES

0.40%

BRIDGEBIO PHARMA

0.39%

HECLA MINING

0.39%

GUARDANT HEALTH INC

0.38%

MODINE MNFC CO

0.38%

DYCOM INDUSTRIES

0.34%

Frequently asked questions about FESM and RYLG

How have the FESM and RYLG ETFs performed in 2026?

As of April 28, 2026, FESM is up 12.88% year-to-date (YTD), while RYLG has returned 7.43%. That puts FESM better performer ahead so far this year.

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

Year-to-date, the FESM ETF saw +$946M in flows, compared to -$461K for RYLG.

Which ETF is more volatile: FESM or RYLG?

Over the past year, FESM had a volatility of 19.23%, while RYLG experienced 14.84%.

Which ETF is bigger: FESM or RYLG?

As of April 28, 2026, FESM holds $4.79 B in assets under management (AUM), while RYLG manages $7.87 M.

What sectors do the FESM and RYLG ETFs invest in?

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

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

FESM top holdings include BLOOM ENERGY CORP, FABRINET and CREDO TECHNOLOGY GROUP HOLDING. RYLG holds in its top three: BLOOM ENERGY CORP, FABRINET and COEUR MINING INC.

Which ETF is more diversified: FESM or RYLG?

FESM holds 622 securities with 12.15% of its assets in the top 15. RYLG has 1856 securities and a top 15 weight of 7.26%.

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs

February 16, 2024

FESM

Fidelity Continues Trend of Mutual Fund Conversions to ETFs

November 27, 2023

FESM

FESMvsRYLGETF Comparison

Fidelity Enhanced Small Cap ETF

Global X Russell 2000 Covered Call & Growth ETF

FESM vs RYLG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FESM and RYLG ETFs performed in 2026?

As of April 28, 2026, FESM is up 12.88% year-to-date (YTD), while RYLG has returned 7.43%. That puts FESM better performer ahead so far this year.

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

Year-to-date, the FESM ETF saw +$946M in flows, compared to -$461K for RYLG.

Which ETF is more volatile: FESM or RYLG?

Over the past year, FESM had a volatility of 19.23%, while RYLG experienced 14.84%.

Which ETF is bigger: FESM or RYLG?

As of April 28, 2026, FESM holds $4.79 B in assets under management (AUM), while RYLG manages $7.87 M.

What sectors do the FESM and RYLG ETFs invest in?

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

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

FESM top holdings include BLOOM ENERGY CORP, FABRINET and CREDO TECHNOLOGY GROUP HOLDING. RYLG holds in its top three: BLOOM ENERGY CORP, FABRINET and COEUR MINING INC.

Which ETF is more diversified: FESM or RYLG?

FESM holds 622 securities with 12.15% of its assets in the top 15. RYLG has 1856 securities and a top 15 weight of 7.26%.

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs

Fidelity Continues Trend of Mutual Fund Conversions to ETFs

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