New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

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
-0.11%
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 2.28% year-to-date (YTD) with +$592M in YTD flows. RYLG performs better with 2.42% YTD performance, and -$234K 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.

Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

FESM vs RYLG performance and flow charts

Performance

-6.0-5.0-4.0-3.0-2.0-1.00.01.0%Feb 10Feb 18Feb 25Mar 4

Cumulative Flows

050,000,000100,000,000150,000,000200,000,000Feb 10Feb 18Feb 25Mar 4

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

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

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
FESM
RYLG
-4.76%-3.24%
-0.09%+1.15%
+2.28%+2.42%
+33.23%+20.81%
n/a+35.15%
n/an/a
Flows
FESM
RYLG
+$184M-
+$780M-$234K
+$592M-$234K
+$1.41B+$208K
-+$5M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
FESM
RYLG
+18.69%+14.70%
+23.21%+19.57%
n/a+16.92%
n/an/a
Max drawdown
FESM
RYLG
-6.68%-4.70%
-16.30%-15.02%
n/a-22.43%
n/an/a
Max drawdown duration
FESM
RYLG
47d12d
52d74d
n/a296d
n/an/a
Trading data

Create an account to view trading data

Join for free
FESM
RYLG
Last sale
3/11/2026 at 1:30 PM
$38.48
$22.38
Previous close
03/10/2026
$38.64
$22.35
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

Create an account to view replication metrics

Join for free

FESM
is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free
FESM
RYLG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
FESM
RYLG
Last price
$38.48
$22.38
1D performance
-0.41%
+0.14%
AuM$4.00 B$7.84 M
E/R0.28%0.35%
Characteristics
FESM
RYLG
Management strategyActivePassive
ProviderFidelityGlobal X
Benchmark-Cboe Russell 2000 Half BuyWrite Index
N° of holdings5221631
Asset class-Equities
Trailing 12m distribution yield
Join
Join
Inception dateNovember 20, 2023October 4, 2022
ESGNoNo
Advertisement
Exposure

Countries

FESM
USA
92.77%
Other
7.23%
RYLG
USA
91.71%
Other
8.29%

Sectors

FESM
Industrials
17.51%
Information Techn.
16.09%
Financials
14.59%
Health Care
14.13%
Consumer Discreti.
8.73%
Other
28.95%
RYLG
Industrials
16.12%
Health Care
15.2%
Financials
15.17%
Information Techn.
14.47%
Consumer Discreti.
8.59%
Other
30.45%
Advertisement

Diversification

FESM

Total weight of top 15 holdings out of 15

13.61%
RYLG

Total weight of top 15 holdings out of 15

7.8%

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%
RYLG
BLOOM ENERGY CORP
1.10%
CREDO TECHNOLOGY GROUP HOLDING
0.64%
KRATOS DEFENSE AND SECURITY SOLS
0.58%
FABRINET
0.58%
US65290E1010
0.57%
HECLA MINING
0.54%
COEUR MINING INC
0.51%
ECHOSTAR
0.50%
IONQ
0.47%
GUARDANT HEALTH INC
0.43%
RAMBUS
0.42%
BRIDGEBIO PHARMA
0.40%
STERLING INFRASTRUCTURE INC
0.36%
AEROVIRONMENT
0.36%
DYCOM INDUSTRIES
0.33%
Frequently asked questions about FESM and RYLG

How have the FESM and RYLG ETFs performed in 2026?

As of March 10, 2026, FESM is up 2.28% year-to-date (YTD), while RYLG has returned 2.42%. That puts RYLG better performer ahead so far this year.

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

Year-to-date, the FESM ETF saw +$592M in flows, compared to -$234K for RYLG.

Which ETF is more volatile: FESM or RYLG?

Over the past year, FESM had a volatility of 23.21%, while RYLG experienced 19.57%.

Which ETF is bigger: FESM or RYLG?

As of March 10, 2026, FESM holds $4.00 B in assets under management (AUM), while RYLG manages $7.84 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, COEUR MINING INC and CREDO TECHNOLOGY GROUP HOLDING. RYLG 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 RYLG?

FESM holds 578 securities with 13.61% of its assets in the top 15. RYLG has 1883 securities and a top 15 weight of 7.8%.

Advertisement
Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up