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FSMDvsJMEEETF Comparison

ETF 1
FSMD

Fidelity Small-Mid Multifactor ETF

This fund is part of
US Multi-Factor
-0.14%
Full FSMD fund page
VS
ETF 2
JMEE

JPMorgan Market Expansion Enhanced Equity ETF

This fund is part of
US Multi-Factor
-0.14%
Full JMEE fund page

Fidelity Small-Mid Multifactor ETF (FSMD) and JPMorgan Market Expansion Enhanced Equity ETF (JMEE) belong to the same industry segment: US Multi-Factor. Both ETFs have the same top 3 sector exposures: Industrials, Financials and Information Technology. FSMD is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.35% for JMEE. FSMD is up 2.25% year-to-date (YTD) with +$170M in YTD flows. JMEE performs better with 4.35% YTD performance, and +$80M in YTD flows. Run a side-by-side ETF comparison of FSMD and JMEE 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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FSMD vs JMEE performance and flow charts

Performance

-5.0-4.0-3.0-2.0-1.00.01.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M100 M200 M300 M400 MFeb 11Feb 19Feb 26Mar 5

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

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
FSMD
JMEE
-4.57%-4.42%
-0.33%+1.28%
+2.25%+4.35%
+18.26%+22.19%
+51.71%+50.91%
+47.43%n/a
Flows
FSMD
JMEE
+$60M-$3M
+$215M+$98M
+$170M+$80M
+$1.01B+$221M
+$1.77B+$1.03B
+$1.82B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
FSMD
JMEE
+13.66%+15.32%
+18.99%+21.04%
+16.88%+18.41%
+18.23%n/a
Max drawdown
FSMD
JMEE
-5.58%-5.53%
-13.29%-14.97%
-22.27%-25.42%
-22.27%n/a
Max drawdown duration
FSMD
JMEE
13d17d
46d46d
289d379d
289dn/a
Trading data

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FSMD
JMEE
Last sale
3/11/2026 at 1:30 PM
$45.13
$67.19
Previous close
03/11/2026
$45.15
$67.28
Consolidated volume
03/11/2026
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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JMEE
is actively managed and doesn’t replicate an index

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Join for free
FSMD
JMEE
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
FSMD
JMEE
Last price
$45.13
$67.19
1D performance
-0.04%
-0.13%
AuM$2.12 B$2.28 B
E/R0.15%0.35%
Characteristics
FSMD
JMEE
Management strategyPassiveActive
ProviderFidelityJ.P. Morgan Asset Management
BenchmarkFidelity Small-Mid Multifactor Index-
N° of holdings546613
Asset classEquities-
Trailing 12m distribution yield
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Inception dateFebruary 26, 2019May 6, 2022
ESGNoNo
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Exposure

Countries

FSMD
USA
92.39%
Other
7.61%
JMEE
USA
95.21%
Other
4.79%

Sectors

FSMD
Industrials
20.07%
Financials
15.72%
Information Techn.
13.59%
Consumer Discreti.
11.33%
Health Care
10.81%
Other
28.48%
JMEE
Industrials
20.11%
Financials
15.17%
Information Techn.
14.05%
Consumer Discreti.
12.13%
Health Care
8.81%
Other
29.73%
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Diversification

FSMD

Total weight of top 15 holdings out of 15

7.83%
JMEE

Total weight of top 15 holdings out of 15

8.95%

Top 15 holdings

Data as of January 31, 2026
FSMD
GB00BRXH2664
0.92%
CIENA
0.75%
COMFORT SYSTEMS USA
0.72%
EMCOR GROUP
0.56%
TAPESTRY INC
0.48%
FLEX LTD
0.48%
TECHNIPFMC PLC
0.47%
UTD THERAPEUT
0.46%
CURTISS WRIGHT
0.45%
PURE STORAGE
0.44%
ROYAL GOLD
0.44%
CASEYS GENERAL STORES
0.43%
CH ROBINSON WW
0.42%
US75734B1008
0.41%
KRATOS DEFENSE AND SECURITY SOLS
0.39%
JMEE
US19247G1076
0.82%
CIENA
0.74%
CURTISS WRIGHT
0.71%
UTD THERAPEUT
0.67%
WOODWARD
0.63%
LUMENTUM HOLDINGS
0.63%
NVENT ELECTRIC PLC
0.61%
TWILIO
0.57%
MICHAEL STORES
0.55%
MKS INSTRUMENTS
0.52%
RELIANCE STEEL
0.52%
DONALDSON
0.51%
CASEYS GENERAL STORES
0.51%
FLEX LTD
0.50%
PURE STORAGE
0.47%
Frequently asked questions about FSMD and JMEE

How have the FSMD and JMEE ETFs performed in 2026?

As of March 11, 2026, FSMD is up 2.25% year-to-date (YTD), while JMEE has returned 4.35%. That puts JMEE better performer ahead so far this year.

Which ETF is attracting more investor money: FSMD or JMEE?

Year-to-date, the FSMD ETF saw +$170M in flows, compared to +$80M for JMEE.

Which ETF is more volatile: FSMD or JMEE?

Over the past year, FSMD had a volatility of 18.99%, while JMEE experienced 21.04%.

Which ETF is bigger: FSMD or JMEE?

As of March 11, 2026, FSMD holds $2.12 B in assets under management (AUM), while JMEE manages $2.28 B.

What sectors do the FSMD and JMEE ETFs invest in?

FSMD leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, JMEE focuses on Industrials, Financials and Information Technology.

What are the top holdings of the FSMD ETF and JMEE ETF?

FSMD top holdings include GB00BRXH2664, CIENA and COMFORT SYSTEMS USA. JMEE holds in its top three: US19247G1076, CIENA and CURTISS WRIGHT.

Which ETF is more diversified: FSMD or JMEE?

FSMD holds 584 securities with 7.83% of its assets in the top 15. JMEE has 641 securities and a top 15 weight of 8.95%.

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