FSMD vs USMV

AFSMD

BUSMV

Measures won2–3USMV wins · of 6 · 5Y

$10,000 · 5Y$15,441IWF · FSMD $15,041

Lowest cost0.15%FSMD · $15 on $10k

Most income1.39%USMV · $139 on $10k

Smallest drop−6.5%USMV · worst fall in 1Y

Held in common1.6%FSMD and USMV

FSMD

USMV

Fidelity Small-Mid Multifactor ETF · $2.5BiShares MSCI USA Min Vol Factor ETF · $23.8B

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

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

0.15%Expense ratio$15 · $15 on $10k · lower wins0.15%

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

−8.5%Worst dropSmaller wins−6.5%

15.6%VolatilityLower wins9.1%

2–3USMV wins

$10,000 · 5 yearsAll three, one scale

Shared top holdingsFSMD · USMV

0.4%INCY0.4%

0.4%L0.3%

0.3%NBIX0.5%

0.3%GEN0.3%

Held in common1.6%

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Three

5Y3 funds

#
1	IWF	iShares Russell 1000 Growth ETFRead Desk	0.18%	0.39%	+1.3%	−5.3%	−6.5%	+19.4%	+9.1%	−14.6%	$112.9B
2	AFSMD	Fidelity Small-Mid Multifactor ETFRead Desk	0.15%	1.33%	+0.1%	+12.2%	+14.6%	+18.1%	+8.5%	−8.5%	$2.5B
3	BUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk	0.15%	1.39%	−0.5%	+8.6%	+10.5%	+13.7%	+7.2%	−6.5%	$23.8B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Three

5Y3 funds

#
1	IWF	iShares Russell 1000 Growth ETFRead Desk	0.18%	0.39%	+1.3%	−5.3%	−6.5%	+19.4%	+9.1%	−14.6%	$112.9B
2	AFSMD	Fidelity Small-Mid Multifactor ETFRead Desk	0.15%	1.33%	+0.1%	+12.2%	+14.6%	+18.1%	+8.5%	−8.5%	$2.5B
3	BUSMV	iShares MSCI USA Min Vol Factor ETFRead Desk	0.15%	1.39%	−0.5%	+8.6%	+10.5%	+13.7%	+7.2%	−6.5%	$23.8B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

FSMD vs USMV

FSMD

Fidelity Small-Mid Multifactor

$15,041

USMV

iShares MSCI USA Min Vol Factor

$14,154

MeasureFSMDUSMV

Fee0.15%0.15%

Cost on $10k a year$15$15

Yield1.33%1.39%

5 years, per year+8.5%+7.2%

3 years, per year+18.1%+13.7%

Worst drop · 1Y−8.5%−6.5%

Volatility · 1Y15.6%9.1%

3–2measures won
USMV first

1.6%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

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

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

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