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TMSLvsAFMCETF Comparison
T. Rowe Price Small-Mid Cap ETF (TMSL) and First Trust Active Factor Mid Cap ETF (AFMC) belong to the same industry segment: US Multi-Factor. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Financials. TMSL is less expensive with a Total Expense Ratio (TER) of 0.55%, versus 0.65% for AFMC. TMSL is up 3.8% year-to-date (YTD) with +$353M in YTD flows. AFMC performs worse with 2.67% YTD performance, and +$35M in YTD flows. Run a side-by-side ETF comparison of TMSL and AFMC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
TMSL vs AFMC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TMSL AFMC | -5.30%-4.45% | +0.86%+1.14% | +3.80%+2.67% | +24.26%+19.06% | n/a+62.84% | n/a+50.27% |
| Flows | TMSL AFMC | +$144M+$18M | +$380M+$35M | +$353M+$35M | +$893M+$82M | -+$120M | -+$119M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TMSL AFMC | +16.65%+14.85% | +21.54%+19.50% | n/a+17.76% | n/a+19.49% |
| Max drawdown | TMSL AFMC | -6.80%-6.20% | -16.11%-13.21% | n/a-21.83% | n/a-25.69% |
| Max drawdown duration | TMSL AFMC | 13d18d | 46d46d | n/a289d | n/a752d |
TMSL | AFMC | |
Last sale 3/13/2026 at 1:30 PM | $36.29 | $35.24 |
| Previous close 03/12/2026 | $36.16 | $35.35 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
TMSL | AFMC | |
|---|---|---|
| Last price | $36.29 | $35.24 |
| 1D performance | +0.36% | -0.31% |
| AuM | $1.57 B | $132.52 M |
| E/R | 0.55% | 0.65% |
TMSL | AFMC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | T. Rowe Price | First Trust |
| Benchmark | - | - |
| N° of holdings | 225 | 258 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 15, 2023 | December 3, 2019 |
| 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 TMSL and AFMC ETFs performed in 2026?
As of March 11, 2026, TMSL is up 3.8% year-to-date (YTD), while AFMC has returned 2.67%. That puts TMSL better performer ahead so far this year.
Which ETF is attracting more investor money: TMSL or AFMC?
Year-to-date, the TMSL ETF saw +$353M in flows, compared to +$35M for AFMC.
Which ETF is more volatile: TMSL or AFMC?
Over the past year, TMSL had a volatility of 21.54%, while AFMC experienced 19.5%.
Which ETF is bigger: TMSL or AFMC?
As of March 11, 2026, TMSL holds $1.57 B in assets under management (AUM), while AFMC manages $132.52 M.
What sectors do the TMSL and AFMC ETFs invest in?
TMSL leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, AFMC focuses on Industrials, Information Technology and Financials.
What are the top holdings of the TMSL ETF and AFMC ETF?
TMSL top holdings include MKS INSTRUMENTS, POPULAR and API GROUP CORP. AFMC holds in its top three: MUELLER INDUSTRIES, FEDERATED HERMES and EXELIXIS.
Which ETF is more diversified: TMSL or AFMC?
TMSL holds 231 securities with 15.27% of its assets in the top 15. AFMC has 265 securities and a top 15 weight of 15.32%.
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