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WSMLvsFGSMETF Comparison

ETF 1

WSML

iShares MSCI World Small-Cap ETF

This fund is part of

DM Small Cap

+0.06%

Full WSML fund page

VS

ETF 2

FGSM

Frontier Asset Global Small Cap Equity ETF

This fund is part of

DM Small Cap

+0.06%

Full FGSM fund page

iShares MSCI World Small-Cap ETF (WSML) and Frontier Asset Global Small Cap Equity ETF (FGSM) belong to the same industry segment: DM Small Cap. WSML's top 3 sector exposures are Finance, Industrials and Technology. In contrast, FGSM's top sector exposures are Finance, Industrials and Non-Energy Materials. WSML is less expensive with a Total Expense Ratio (TER) of 0.3%, versus 0.82% for FGSM. WSML is up 13.59% year-to-date (YTD) with -$189M in YTD flows. FGSM performs better with 15.23% YTD performance, and -$23M in YTD flows. Run a side-by-side ETF comparison of WSML and FGSM 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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WSML vs FGSM performance and flow charts

Performance

Cumulative Flows

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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 10/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	WSML FGSM	+0.51%+0.07%	-0.30%-0.40%	+13.59%+15.23%	+15.28%+16.81%	n/an/a	n/an/a
Flows	WSML FGSM	-+$348K	+$14M-$3M	-$189M-$23M	-$177M-$23M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	WSML FGSM	+12.69%+10.98%	+15.19%+14.20%	n/an/a	n/an/a
Max drawdown	WSML FGSM	-7.34%-6.23%	-10.19%-9.75%	n/an/a	n/an/a
Max drawdown duration	WSML FGSM	73d72d	49d49d	n/an/a	n/an/a

Trading data

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	WSML	FGSM
Last sale 10/28/2026 at 1:30 PM	$34.16	$34.42
Previous close 10/28/2026	$34.15	$34.42
Consolidated volume 10/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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FGSM

is actively managed and doesn’t replicate an index

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	WSML	FGSM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/28/2026 at 1:30 PM

Live

Closed

	WSML	FGSM
Last price	$34.16	$34.42
1D performance	+0.05%	+0.00%
AuM	$664.15 M	$47.17 M
E/R	0.3%	0.82%

Characteristics

	WSML	FGSM
Management strategy	Passive	Active
Provider	iShares	Frontier Asset Management
Benchmark	MSCI World Small Cap Index	-
N° of holdings	3638	1
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	April 1, 2025	December 19, 2024
ESG	No	No

More WSML data on Trackinsight

More FGSM data on Trackinsight

Exposure

Countries

WSML

USA

59.7%

Japan

12.41%

Other

27.89%

FGSM

USA

49.73%

Japan

12.82%

Other

37.45%

Sectors

WSML

Finance

23.37%

Industrials

14.51%

Technology

12.88%

Healthcare

11.36%

Non-Energy Materi.

10.92%

Other

26.96%

FGSM

Finance

20.53%

Industrials

13.91%

Non-Energy Materi.

12.59%

Technology

9.74%

Consumer Cyclical.

8.92%

Energy

7.5%

Other

26.81%

Diversification

WSML

Total weight of top 15 holdings out of 15

3.28%

FGSM

Total weight of top 6 holdings out of 6

99.96%

Top 15 holdings

Data as of August 31, 2026

WSML

BlackRock Cash Funds - Treasury

0.52%

Moderna, Inc.

0.43%

US Foods Holding Corp.

0.21%

Tenet Healthcare Corp.

0.21%

Royal Gold, Inc.

0.20%

Roku, Inc.

0.19%

Woodward, Inc.

0.18%

Guardant Health, Inc.

0.18%

Viatris, Inc.

0.17%

TD SYNNEX Corp.

0.16%

ITT, Inc.

0.16%

MACOM Technology Solutions Holdings, Inc.

0.16%

Ovintiv, Inc.

0.16%

Permian Resources Corp.

0.16%

Nutanix, Inc.

0.16%

FGSM

US0250728021

28.37%

US4642878049

21.64%

US46434V2907

18.40%

US46434V2667

14.17%

US0250728773

11.35%

US64135A8045

6.03%

Frequently asked questions about WSML and FGSM

How have the WSML and FGSM ETFs performed in 2026?

As of October 28, 2026, WSML is up 13.59% year-to-date (YTD), while FGSM has returned 15.23%. That puts FGSM better performer ahead so far this year.

Which ETF is attracting more investor money: WSML or FGSM?

Year-to-date, the WSML ETF saw -$189M in flows, compared to -$23M for FGSM.

Which ETF is more volatile: WSML or FGSM?

Over the past year, WSML had a volatility of 15.19%, while FGSM experienced 14.2%.

Which ETF is bigger: WSML or FGSM?

As of October 28, 2026, WSML holds $664.15 M in assets under management (AUM), while FGSM manages $47.17 M.

What sectors do the WSML and FGSM ETFs invest in?

WSML leans toward sectors like Finance, Industrials and Technology. Meanwhile, FGSM focuses on Finance, Industrials and Non-Energy Materials.

What are the top holdings of the WSML ETF and FGSM ETF?

WSML top holdings include BlackRock Cash Funds - Treasury, Moderna, Inc. and US Foods Holding Corp.. FGSM holds in its top three: US0250728021, US4642878049 and US46434V2907.

Which ETF is more diversified: WSML or FGSM?

WSML holds 3656 securities with 3.28% of its assets in the top 15. FGSM has 4050 securities and a top 15 weight of 99.96%.

Frontier Asset Management Unveils a Suite of Actively Managed "Fund-of-Funds" ETFs

December 27, 2024

FGSM

WSMLvsFGSMETF Comparison

iShares MSCI World Small-Cap ETF

Frontier Asset Global Small Cap Equity ETF

WSML vs FGSM 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 WSML and FGSM ETFs performed in 2026?

As of October 28, 2026, WSML is up 13.59% year-to-date (YTD), while FGSM has returned 15.23%. That puts FGSM better performer ahead so far this year.

Which ETF is attracting more investor money: WSML or FGSM?

Year-to-date, the WSML ETF saw -$189M in flows, compared to -$23M for FGSM.

Which ETF is more volatile: WSML or FGSM?

Over the past year, WSML had a volatility of 15.19%, while FGSM experienced 14.2%.

Which ETF is bigger: WSML or FGSM?

As of October 28, 2026, WSML holds $664.15 M in assets under management (AUM), while FGSM manages $47.17 M.

What sectors do the WSML and FGSM ETFs invest in?

WSML leans toward sectors like Finance, Industrials and Technology. Meanwhile, FGSM focuses on Finance, Industrials and Non-Energy Materials.

What are the top holdings of the WSML ETF and FGSM ETF?

WSML top holdings include BlackRock Cash Funds - Treasury, Moderna, Inc. and US Foods Holding Corp.. FGSM holds in its top three: US0250728021, US4642878049 and US46434V2907.

Which ETF is more diversified: WSML or FGSM?

WSML holds 3656 securities with 3.28% of its assets in the top 15. FGSM has 4050 securities and a top 15 weight of 99.96%.

Frontier Asset Management Unveils a Suite of Actively Managed "Fund-of-Funds" ETFs

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