Compare · 3 funds side by side · dividends reinvested

FSMD, USMV and IWF

Story of the three · Growth5Y$10,000 five years agoDividends reinvested · all three on one scale$15,441IWF · best of the three

02 / 04

FSMD, USMV and IWF, Ranked

Today

FundFeeYieldYTD1 year3 yrs · yr5 yrs · yrWorst dropVolatilityAssetsAvg rank

Fidelity Small-Mid Multifactor ETFUS Stock Styles · Factor0.15%1.33%+12.2%+14.6%+18.1%+8.5%−8.5%15.6%$2.5B1.6

iShares MSCI USA Min Vol Factor ETFUS Stock Styles · Factor0.15%1.39%+8.6%+10.5%+13.7%+7.2%−6.5%9.1%$23.8B1.8

iShares Russell 1000 Growth ETFUS Stock Styles · Growth0.18%0.39%−5.3%−6.5%+19.4%+9.1%−14.6%19.4%$113B2.5

Rank among the three1st → 3rdFee, drop and volatility: lower ranks higherAvg rank: mean of the 8 ranks · 1 is best

End-of-day Nov 6, 2026 · returns include dividends · since: FSMD 2019 · USMV 2011 · IWF 2000

Head to Head

Swap sides Versus in desk

Head to Head

Fidelity Small-Mid Multifactor ETF · $2.5B$15,041

FSMD

USMV

iShares MSCI USA Min Vol Factor ETF · $23.8B$14,154

$10,000 five years ago, dividends reinvested · they hold 1.6% in common

FSMDMeasureUSMV

+12.2%Year to dateJan 1 → Nov 6+8.6%

+14.6%1 yearTotal return+10.5%

+18.1%3 years · per year$10,000 became $16,462 · $14,709+13.7%

+8.5%5 years · per year$10,000 became $15,041 · $14,154+7.2%

0.15%Expense ratio$15 · $15 a year on $10k · lower is better0.15%

1.33%Trailing 12-mo yield$133 · $139 a year on $10k1.39%

−8.5%Worst dropSmaller is better−6.5%

15.6%VolatilityLower is calmer9.1%

FSMDUSMV Winner of the row, in its colourEach row: the bigger of the two fills its side

4–3FSMD wins

End-of-day Nov 6, 2026 · returns include dividends · 3Y and 5Y figures are per-year returns

More Ways to See the Pairs

FSMD vs USMV: Top 5 Holdings

Today

FSMD

2.1%in top 5

USMV

in top 58.0%

FSMDStockUSMV

not top 5MSFT1.6%

not top 5MCK1.6%

not top 5MSI1.6%

not top 5BRK-B1.6%

not top 5CB1.6%

0.5%Pnot top 5

0.5%THCnot top 5

0.4%GHnot top 5

0.4%INCYnot top 5

0.4%Lnot top 5

Held in common1.6%

End-of-day Nov 6, 2026 · share of each fund

FSMD vs USMV Returns, Every Period

FidelityFSMD

+8.5%

5 years, per year

USMViShares

+7.2%

5 years, per year

FSMDUSMVFaded: behind in that period

4–0FSMD wins

End-of-day Nov 6, 2026 · dividends in · faded = behind in that period

FSMD vs USMV

YTD

FidelityFSMD

+12.2%

USMViShares

+8.6%

+12.2%Year to date+8.6%

−8.5%Worst drop · 1Y−6.5%

15.6%Volatility · 1Y9.1%

1.3%Yield1.4%

$2.5BAssets$23.8B

3–1USMV wins

End-of-day Nov 6, 2026 · smaller drop and lower volatility win

Cost, Income and Risk

Fees: FSMD, USMV, IWF

Today

0.15%lowest, FSMD

FundExpense ratioFee$10k

FSMD0.15%$15

USMV0.15%$15

IWF0.18%$18

End-of-day Nov 6, 2026 · fee on $10,000 a year

Yields: FSMD, USMV, IWF

1.39%highest, USMV

FundTrailing yieldYield$10k

USMV1.39%$139

FSMD1.33%$133

IWF0.39%$39

End-of-day Nov 6, 2026 · trailing 12-month yield

Income After Fees on $10,000

$124most kept, USMV

USMV$139 − $15 = $124

FSMD$133 − $15 = $118

IWF$39 − $18 = $21

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee

Overlap: FSMD, USMV, IWF

Today

22.0%most shared, USMV and IWF

FSMDUSMVIWF

FSMD—1.6%1.4%

USMV1.6%—22.0%

IWF1.4%22.0%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Return vs Bumpiness: 3 ETFs

+14.6%FSMD, at 15.6% volatility

USMVWorst drop−6.5%9.1% vol

FSMDWorst drop−8.5%15.6% vol

IWFWorst drop−14.6%19.4% vol

End-of-day Nov 6, 2026 · up and left is better

Paid More vs Made More

YTD

USMVFSMD

+8.6%Year to date+12.2%

1.4%Yield1.3%

+10.5%Past year+14.6%

0.15%Fee0.15%

2–1FSMD wins

End-of-day Nov 6, 2026

Popular Pairs Near These Three

VUG vs SCHG

YTD

VanguardVUG

+1.4%

SCHGSchwab

+1.9%

+1.4%Year to date+1.9%

0.03% · $3Fee · on $10k a year0.04% · $4

$233BAssets$59.1B

1–1level

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026