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FSMDvsSMMDETF Comparison
Fidelity Small-Mid Multifactor ETF (FSMD) and iShares Russell 2500 ETF (SMMD) 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 0.23% for SMMD. FSMD is up 0.37% year-to-date (YTD) with +$174M in YTD flows. SMMD performs better with 1.28% YTD performance, and +$62M in YTD flows. Run a side-by-side ETF comparison of FSMD and SMMD 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 SMMD performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FSMD SMMD | -4.95%-4.64% | -1.31%-0.52% | +0.37%+1.28% | +16.42%+22.91% | +48.92%+50.03% | +43.58%+25.16% |
| Flows | FSMD SMMD | +$59M+$105M | +$219M+$126M | +$174M+$62M | +$1.02B+$678M | +$1.77B+$1.36B | +$1.82B+$1.70B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FSMD SMMD | +14.06%+17.13% | +19.08%+22.05% | +16.91%+19.24% | +18.25%+20.92% |
| Max drawdown | FSMD SMMD | -6.89%-6.97% | -13.29%-15.86% | -22.27%-25.55% | -22.27%-28.20% |
| Max drawdown duration | FSMD SMMD | 14d14d | 46d46d | 289d283d | 289d980d |
FSMD | SMMD | |
Last sale 3/12/2026 at 1:30 PM | $44.23 | $76.02 |
| Previous close 03/12/2026 | $45.13 | $77.64 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FSMD | SMMD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FSMD | SMMD | |
|---|---|---|
| Last price | $44.23 | $76.02 |
| 1D performance | -1.99% | -2.09% |
| AuM | $2.08 B | $2.28 B |
| E/R | 0.15% | 0.23% |
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 SMMD ETFs performed in 2026?
As of March 12, 2026, FSMD is up 0.37% year-to-date (YTD), while SMMD has returned 1.28%. That puts SMMD better performer ahead so far this year.
Which ETF is attracting more investor money: FSMD or SMMD?
Year-to-date, the FSMD ETF saw +$174M in flows, compared to +$62M for SMMD.
Which ETF is more volatile: FSMD or SMMD?
Over the past year, FSMD had a volatility of 19.08%, while SMMD experienced 22.05%.
Which ETF is bigger: FSMD or SMMD?
As of March 12, 2026, FSMD holds $2.08 B in assets under management (AUM), while SMMD manages $2.28 B.
What sectors do the FSMD and SMMD ETFs invest in?
FSMD leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, SMMD focuses on Industrials, Financials and Information Technology.
What are the top holdings of the FSMD ETF and SMMD ETF?
FSMD top holdings include GB00BRXH2664, CIENA and COMFORT SYSTEMS USA. SMMD holds in its top three: US80004C2008, COMFORT SYSTEMS USA and BLOOM ENERGY CORP.
Which ETF is more diversified: FSMD or SMMD?
FSMD holds 584 securities with 7.83% of its assets in the top 15. SMMD has 2438 securities and a top 15 weight of 6.56%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
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