SMLVvsFDMETF Comparison
ETF 1
SMLV
State Street SPDR US Small Cap Low Volatility Index ETF
This fund is part of
US Low Volatility
-0.46%
VS
State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) belongs to the US Low Volatility segment. First Trust Dow Jones Select MicroCap Index Fund ETF (FDM) is part of the US Small Cap segment. SMLV's top 3 sector exposures are Finance, Healthcare and Technology. In contrast, FDM's top sector exposures are Finance, Consumer Cyclicals and Industrials. SMLV is less expensive with a Total Expense Ratio (TER) of 0.12%, versus 0.65% for FDM. SMLV is up 19.9% year-to-date (YTD) with +$13M in YTD flows. FDM performs worse with 16.07% YTD performance, and +$22M in YTD flows. Run a side-by-side ETF comparison of SMLV and FDM 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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SMLV vs FDM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SMLV FDM | -2.57%-2.59% | +3.08%+4.85% | +19.90%+16.07% | +21.23%+23.63% | +64.94%+72.02% | +58.13%+66.63% |
| Flows | SMLV FDM | -+$9M | -$60K+$9M | +$13M+$22M | +$9M+$25M | -$21M+$18M | -$30M+$25M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SMLV FDM | +11.84%+13.11% | +13.87%+17.35% | +18.53%+20.54% | +18.22%+21.20% |
| Max drawdown | SMLV FDM | -4.64%-4.50% | -7.24%-8.71% | -20.24%-23.13% | -20.24%-23.71% |
| Max drawdown duration | SMLV FDM | 37d24d | 59d59d | 408d208d | 408d974d |
Trading data
SMLV | FDM | |
Last sale 9/11/2026 at 1:30 PM | $155.83 | $91.99 |
| Previous close 09/10/2026 | $155.35 | $91.66 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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SMLV | FDM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
SMLV | FDM | |
|---|---|---|
| Last price | $155.83 | $91.99 |
| 1D performance | +0.31% | +0.36% |
| AuM | $251.80 M | $270.93 M |
| E/R | 0.12% | 0.65% |
Characteristics
SMLV | FDM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | First Trust |
| Benchmark | SSGA US Small Cap Low Volatility Index | Dow Jones Select MicroCap Index |
| N° of holdings | 395 | 145 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 20, 2013 | September 27, 2005 |
| ESG | No | No |
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Exposure
Countries
SMLV
USA
94.13%
Other
5.87%
FDM
USA
97.49%
Other
2.51%
Sectors
SMLV
Finance
45.72%
Healthcare
9.26%
Technology
8.48%
Industrials
7.66%
Other
28.89%
FDM
Finance
45.06%
Consumer Cyclical.
8.77%
Industrials
7.15%
Other
39.02%
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Diversification
SMLV
Total weight of top 15 holdings out of 15
8.34%
FDM
Total weight of top 15 holdings out of 15
21.61%
Top 15 holdings
Data as of July 31, 2026
SMLV
Safety Insurance Group, Inc.
0.65%
Phillips Edison & Co., Inc.
0.65%
Horace Mann Educators Corp.
0.64%
City Holding Co.
0.64%
American States Water Co.
0.59%
NorthWestern Energy Group, Inc.
0.56%
Chemed Corp.
0.55%
Atlanta Braves Holdings, Inc.
0.54%
Community Trust Bancorp, Inc. (Kentucky)
0.53%
Selective Insurance Group, Inc.
0.52%
MSC Industrial Direct Co., Inc.
0.50%
McGrath RentCorp
0.50%
Apple Hospitality REIT, Inc.
0.50%
TFS Financial Corp.
0.50%
Four Corners Property Trust, Inc.
0.49%
FDM
Stoke Therapeutics, Inc.
2.25%
Dauch Corp.
1.93%
GigaCloud Technology, Inc.
1.68%
United Fire Group, Inc.
1.50%
Deluxe Corp.
1.40%
Universal Insurance Holdings, Inc.
1.36%
NWPX Infrastructure, Inc.
1.35%
Business First Bancshares, Inc.
1.30%
Horizon Bancorp, Inc. (Indiana)
1.29%
TrustCo Bank Corp. NY
1.28%
Genco Shipping & Trading Ltd.
1.28%
CNB Financial Corp. (Pennsylvania)
1.27%
TETRA Technologies, Inc.
1.25%
Central Pacific Financial Corp.
1.25%
Douglas Dynamics, Inc.
1.22%
Frequently asked questions about SMLV and FDM
How have the SMLV and FDM ETFs performed in 2026?
As of September 10, 2026, SMLV is up 19.9% year-to-date (YTD), while FDM has returned 16.07%. That puts SMLV better performer ahead so far this year.
Which ETF is attracting more investor money: SMLV or FDM?
Year-to-date, the SMLV ETF saw +$13M in flows, compared to +$22M for FDM.
Which ETF is more volatile: SMLV or FDM?
Over the past year, SMLV had a volatility of 13.87%, while FDM experienced 17.35%.
Which ETF is bigger: SMLV or FDM?
As of September 10, 2026, SMLV holds $251.80 M in assets under management (AUM), while FDM manages $270.93 M.
What sectors do the SMLV and FDM ETFs invest in?
SMLV leans toward sectors like Finance, Healthcare and Technology. Meanwhile, FDM focuses on Finance, Consumer Cyclicals and Industrials.
What are the top holdings of the SMLV ETF and FDM ETF?
SMLV top holdings include Safety Insurance Group, Inc., Phillips Edison & Co., Inc. and Horace Mann Educators Corp.. FDM holds in its top three: Stoke Therapeutics, Inc., Dauch Corp. and GigaCloud Technology, Inc..
Which ETF is more diversified: SMLV or FDM?
SMLV holds 395 securities with 8.34% of its assets in the top 15. FDM has 145 securities and a top 15 weight of 21.61%.
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Latest news about SMLV & FDM
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