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FSMDvsSMDXETF Comparison
Fidelity Small-Mid Multifactor ETF (FSMD) and Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) belong to the same industry segment: US Multi-Factor. FSMD's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, SMDX's top sector exposures are Industrials, Information Technology and Financials. FSMD is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.35% for SMDX. FSMD is up 2.49% year-to-date (YTD) with +$166M in YTD flows. SMDX performs better with 4.09% YTD performance, and +$246K in YTD flows. Run a side-by-side ETF comparison of FSMD and SMDX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FSMD vs SMDX performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FSMD SMDX | -4.42%-5.03% | +1.04%+2.41% | +2.49%+4.09% | +18.23%+26.50% | +49.31%n/a | +49.54%n/a |
| Flows | FSMD SMDX | +$55M-$17K | +$210M+$4M | +$166M+$246K | +$1.02B+$50M | +$1.76B- | +$1.81B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FSMD SMDX | +13.85%+15.47% | +18.99%+21.21% | +16.92%n/a | +18.24%n/a |
| Max drawdown | FSMD SMDX | -5.58%-5.33% | -13.29%-14.46% | -22.27%n/a | -22.27%n/a |
| Max drawdown duration | FSMD SMDX | 12d29d | 46d46d | 289dn/a | 289dn/a |
FSMD | SMDX | |
Last sale 3/11/2026 at 1:30 PM | $45.13 | $23.72 |
| Previous close 03/10/2026 | $45.15 | $23.76 |
| 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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FSMD | SMDX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FSMD | SMDX | |
|---|---|---|
| Last price | $45.13 | $23.72 |
| 1D performance | -0.04% | -0.14% |
| AuM | $2.12 B | $116.38 M |
| E/R | 0.15% | 0.35% |
FSMD | SMDX | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Fidelity | Intech Investment Management |
| Benchmark | Fidelity Small-Mid Multifactor Index | - |
| N° of holdings | 546 | 507 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 26, 2019 | February 27, 2025 |
| ESG | No | No |
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 FSMD and SMDX ETFs performed in 2026?
As of March 10, 2026, FSMD is up 2.49% year-to-date (YTD), while SMDX has returned 4.09%. That puts SMDX better performer ahead so far this year.
Which ETF is attracting more investor money: FSMD or SMDX?
Year-to-date, the FSMD ETF saw +$166M in flows, compared to +$246K for SMDX.
Which ETF is more volatile: FSMD or SMDX?
Over the past year, FSMD had a volatility of 18.99%, while SMDX experienced 21.21%.
Which ETF is bigger: FSMD or SMDX?
As of March 10, 2026, FSMD holds $2.12 B in assets under management (AUM), while SMDX manages $116.38 M.
What sectors do the FSMD and SMDX ETFs invest in?
FSMD leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, SMDX focuses on Industrials, Information Technology and Financials.
What are the top holdings of the FSMD ETF and SMDX ETF?
FSMD top holdings include GB00BRXH2664, CIENA and COMFORT SYSTEMS USA. SMDX holds in its top three: CIENA, JONES LANG LASALLE and EAST WEST BANCORP.
Which ETF is more diversified: FSMD or SMDX?
FSMD holds 584 securities with 7.83% of its assets in the top 15. SMDX has 527 securities and a top 15 weight of 16.15%.
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