New

Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
ETF Central logo
Advertisement

SMMDvsFSMDETF Comparison

ETF 1
SMMD

iShares Russell 2500 ETF

This fund is part of
US Multi-Factor
-1.26%
Full SMMD fund page
VS
ETF 2
FSMD

Fidelity Small-Mid Multifactor ETF

This fund is part of
US Multi-Factor
-1.26%
Full FSMD fund page

iShares Russell 2500 ETF (SMMD) and Fidelity Small-Mid Multifactor ETF (FSMD) belong to the same industry segment: US Multi-Factor. Both ETFs have the same top 3 sector exposures: Industrials, Financials and Information Technology. SMMD is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.15% for FSMD. SMMD is up 1.28% year-to-date (YTD) with +$62M in YTD flows. FSMD performs worse with 0.37% YTD performance, and +$174M in YTD flows. Run a side-by-side ETF comparison of SMMD and FSMD 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

SMMD vs FSMD performance and flow charts

Performance

-4.0-2.00.02.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

0 M100 M200 M300 M400 MFeb 12Feb 20Feb 27Mar 6

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.

Historic performance and flows
Data as of 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
SMMD
FSMD
-4.64%-4.95%
-0.52%-1.31%
+1.28%+0.37%
+22.91%+16.42%
+50.03%+48.92%
+25.16%+43.58%
Flows
SMMD
FSMD
+$105M+$59M
+$126M+$219M
+$62M+$174M
+$678M+$1.02B
+$1.36B+$1.77B
+$1.70B+$1.82B
Volatility and drawdown
3M1Y3Y5Y
Volatility
SMMD
FSMD
+17.13%+14.06%
+22.05%+19.08%
+19.24%+16.91%
+20.92%+18.25%
Max drawdown
SMMD
FSMD
-6.97%-6.89%
-15.86%-13.29%
-25.55%-22.27%
-28.20%-22.27%
Max drawdown duration
SMMD
FSMD
14d14d
46d46d
283d289d
980d289d
Trading data

Create an account to view trading data

Join for free
SMMD
FSMD
Last sale
3/13/2026 at 1:30 PM
$75.78
$44.17
Previous close
03/12/2026
$76.02
$44.23
Consolidated volume
03/12/2026
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

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
SMMD
FSMD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
SMMD
FSMD
Last price
$75.78
$44.17
1D performance
-0.32%
-0.14%
AuM$2.28 B$2.08 B
E/R0.23%0.15%
Characteristics
SMMD
FSMD
Management strategyPassivePassive
ProvideriSharesFidelity
BenchmarkRussell 2500 IndexFidelity Small-Mid Multifactor Index
N° of holdings2075546
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateJuly 6, 2017February 26, 2019
ESGNoNo
Advertisement
Exposure

Countries

SMMD
USA
92.35%
Other
7.65%
FSMD
USA
92.39%
Other
7.61%

Sectors

SMMD
Industrials
18.13%
Financials
14.14%
Information Techn.
13.6%
Health Care
11.67%
Consumer Discreti.
9.92%
Other
32.53%
FSMD
Industrials
20.07%
Financials
15.72%
Information Techn.
13.59%
Consumer Discreti.
11.33%
Health Care
10.81%
Other
28.48%
Advertisement

Diversification

SMMD

Total weight of top 15 holdings out of 15

6.56%
FSMD

Total weight of top 15 holdings out of 15

7.83%

Top 15 holdings

Data as of January 31, 2026
SMMD
US80004C2008
0.93%
COMFORT SYSTEMS USA
0.52%
BLOOM ENERGY CORP
0.51%
CIENA
0.46%
US7731211089
0.45%
US19247G1076
0.43%
INSMED
0.42%
EMCOR GROUP
0.41%
SOFI TECHNOLOGIES INC
0.38%
KYG3730V1059
0.36%
AST SPACEMOBILE
0.34%
LUMENTUM HOLDINGS
0.34%
TAPESTRY INC
0.34%
JABIL CIRCUIT
0.33%
CURTISS WRIGHT
0.32%
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%
Frequently asked questions about SMMD and FSMD

How have the SMMD and FSMD ETFs performed in 2026?

As of March 12, 2026, SMMD is up 1.28% year-to-date (YTD), while FSMD has returned 0.37%. That puts SMMD better performer ahead so far this year.

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

Year-to-date, the SMMD ETF saw +$62M in flows, compared to +$174M for FSMD.

Which ETF is more volatile: SMMD or FSMD?

Over the past year, SMMD had a volatility of 22.05%, while FSMD experienced 19.08%.

Which ETF is bigger: SMMD or FSMD?

As of March 12, 2026, SMMD holds $2.28 B in assets under management (AUM), while FSMD manages $2.08 B.

What sectors do the SMMD and FSMD ETFs invest in?

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

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

SMMD top holdings include US80004C2008, COMFORT SYSTEMS USA and BLOOM ENERGY CORP. FSMD holds in its top three: GB00BRXH2664, CIENA and COMFORT SYSTEMS USA.

Which ETF is more diversified: SMMD or FSMD?

SMMD holds 2438 securities with 6.56% of its assets in the top 15. FSMD has 584 securities and a top 15 weight of 7.83%.

Advertisement
Advertisement
Advertisement
ETF Comparison Tool

Have you tried our ETF Compare tool?

Compare ETFs like a pro. Analyze fees, performance, exposure & holdings side-by-side.