BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

FSMDvsVXFETF Comparison

ETF 1

FSMD

Fidelity Small-Mid Multifactor ETF

This fund is part of

US Multi-Factor

+0%

Full FSMD fund page

VS

ETF 2

VXF

Vanguard Extended Market ETF

This fund is part of

US Multi-Factor

+0%

Full VXF fund page

Fidelity Small-Mid Multifactor ETF (FSMD) and Vanguard Extended Market ETF (VXF) belong to the same industry segment: US Multi-Factor. FSMD's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, VXF's top sector exposures are Information Technology, Industrials and Financials. FSMD is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.05% for VXF. FSMD is up 17.7% year-to-date (YTD) with +$258M in YTD flows. VXF performs worse with 15.7% YTD performance, and +$4.56B in YTD flows. Run a side-by-side ETF comparison of FSMD and VXF 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

FSMD vs VXF performance and flow charts

Performance

Cumulative Flows

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.

Data Services

Historic performance and flows

Data as of 06/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FSMD VXF	+6.48%+7.67%	+16.74%+17.36%	+17.70%+15.70%	+29.21%+30.39%	+63.44%+70.16%	+68.93%+39.90%
Flows	FSMD VXF	+$30M+$3.11B	+$79M+$3.85B	+$258M+$4.56B	+$521M+$5.16B	+$1.85B+$6.33B	+$1.90B+$8.49B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FSMD VXF	+18.14%+20.24%	+15.28%+17.85%	+16.97%+20.04%	+18.31%+22.36%
Max drawdown	FSMD VXF	-4.02%-4.50%	-8.28%-10.26%	-22.27%-26.84%	-22.27%-36.33%
Max drawdown duration	FSMD VXF	16d8d	43d84d	289d265d	289d1093d

Trading data

Create an account to view trading data

Join for free

	FSMD	VXF
Last sale 6/18/2026 at 1:30 PM	$51.57	$241.07
Previous close 06/18/2026	$51.01	$237.37
Consolidated volume 06/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	FSMD	VXF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	FSMD	VXF
Last price	$51.57	$241.07
1D performance	+1.10%	+1.56%
AuM	$2.52 B	$33.66 B
E/R	0.15%	0.05%

Characteristics

	FSMD	VXF
Management strategy	Passive	Passive
Provider	Fidelity	Vanguard
Benchmark	Fidelity Small-Mid Multifactor Index	S&P Completion Index
N° of holdings	556	2331
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 26, 2019	December 27, 2001
ESG	No	No

More FSMD data on Trackinsight

More VXF data on Trackinsight

Exposure

Countries

FSMD

USA

92.51%

Other

7.49%

VXF

USA

91.45%

Other

8.55%

Sectors

FSMD

Industrials

19.56%

Financials

14.7%

Information Techn.

14.6%

Health Care

10.83%

Consumer Discreti.

9.9%

Other

30.4%

VXF

Information Techn.

17.5%

Industrials

15.82%

Financials

12.71%

Health Care

11.25%

Consumer Discreti.

8.94%

Other

33.78%

Diversification

FSMD

Total weight of top 15 holdings out of 15

10.75%

VXF

Total weight of top 15 holdings out of 15

9.31%

Top 15 holdings

Data as of April 30, 2026

FSMD

US80004C2008

2.11%

CIENA

1.07%

LUMENTUM HOLDINGS

0.94%

COMFORT SYSTEMS USA

0.92%

US19247G1076

0.77%

GB00BRXH2664

0.62%

EMCOR GROUP

0.58%

FLEX LTD

0.53%

TECHNIPFMC PLC

0.52%

CASEYS GENERAL STORES

0.51%

TAPESTRY INC

0.49%

FABRINET

0.44%

REVOLUTION MEDICINES INC

0.42%

UTD THERAPEUT

0.42%

CURTISS WRIGHT

0.41%

VXF

MARVELL TECHNOLOGY

1.77%

BLOOM ENERGY CORP

0.90%

CLOUDFLARE INC

0.80%

CHENIERE ENERGY

0.73%

US31488V1070

0.64%

MICROSTRATEGY

0.64%

SNOWFLAKE INC

0.57%

ALNYLAM PHARMACEUTICALS

0.50%

US7731211089

0.48%

ROBLOX

0.45%

FLEX LTD

0.41%

TECHNIPFMC PLC

0.37%

INSMED

0.36%

NATERA

0.35%

REVOLUTION MEDICINES INC

0.35%

Frequently asked questions about FSMD and VXF

How have the FSMD and VXF ETFs performed in 2026?

As of June 18, 2026, FSMD is up 17.7% year-to-date (YTD), while VXF has returned 15.7%. That puts FSMD better performer ahead so far this year.

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

Year-to-date, the FSMD ETF saw +$258M in flows, compared to +$4.56B for VXF.

Which ETF is more volatile: FSMD or VXF?

Over the past year, FSMD had a volatility of 15.28%, while VXF experienced 17.85%.

Which ETF is bigger: FSMD or VXF?

As of June 18, 2026, FSMD holds $2.52 B in assets under management (AUM), while VXF manages $33.66 B.

What sectors do the FSMD and VXF ETFs invest in?

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

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

FSMD top holdings include US80004C2008, CIENA and LUMENTUM HOLDINGS. VXF holds in its top three: MARVELL TECHNOLOGY, BLOOM ENERGY CORP and CLOUDFLARE INC.

FSMDvsVXFETF Comparison

Fidelity Small-Mid Multifactor ETF

Vanguard Extended Market ETF

FSMD vs VXF 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 FSMD and VXF ETFs performed in 2026?

As of June 18, 2026, FSMD is up 17.7% year-to-date (YTD), while VXF has returned 15.7%. That puts FSMD better performer ahead so far this year.

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

Year-to-date, the FSMD ETF saw +$258M in flows, compared to +$4.56B for VXF.

Which ETF is more volatile: FSMD or VXF?

Over the past year, FSMD had a volatility of 15.28%, while VXF experienced 17.85%.

Which ETF is bigger: FSMD or VXF?

As of June 18, 2026, FSMD holds $2.52 B in assets under management (AUM), while VXF manages $33.66 B.

What sectors do the FSMD and VXF ETFs invest in?

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

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

FSMD top holdings include US80004C2008, CIENA and LUMENTUM HOLDINGS. VXF holds in its top three: MARVELL TECHNOLOGY, BLOOM ENERGY CORP and CLOUDFLARE INC.

Which ETF is more diversified: FSMD or VXF?

FSMD holds 592 securities with 10.75% of its assets in the top 15. VXF has 3272 securities and a top 15 weight of 9.31%.

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