Fidelity Fundamental Small-Mid Cap ETF (FFSM) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FFSM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFSM
FFSM charges 0.43% annually. There are 35 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | FFSM vs VO | |
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.07B | Nov 2005 | FFSM vs SPMD | |
| Schwab US Mid-Cap ETF | 0.04% | 14.96B | Jan 2011 | FFSM vs SCHM | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.81B | Jun 2004 | FFSM vs IMCB | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | FFSM vs VXF |
Best Risk-Adjusted Alternatives to FFSM
FFSM has a PortfoliosLab risk / return rank of 75. There are 5 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 93 | — | Jun 2025 | FFSM vs CTEF | |
| Optimize Strategy Index ETF | 92 | 239.89M | Apr 2024 | FFSM vs OPTZ | |
| Invesco S&P Spin-Off ETF | 91 | 214.80M | Dec 2006 | FFSM vs CSD | |
| Pacer US Export Leaders ETF | 79 | 51.51M | Jul 2018 | FFSM vs PEXL | |
| iShares MSCI Peru ETF | 76 | 548.10M | Jun 2009 | FFSM vs EPU |
Top Performing FFSM Alternatives (YTD)
FFSM is at 21.69% YTD. There are 6 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 44.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 44.05% | 214.80M | Dec 2006 | FFSM vs CSD | |
| Castellan Targeted Equity ETF | 36.91% | — | Jun 2025 | FFSM vs CTEF | |
| Optimize Strategy Index ETF | 32.54% | 239.89M | Apr 2024 | FFSM vs OPTZ | |
| Vanguard U.S. Momentum Factor ETF | 25.84% | 1.70B | Feb 2018 | FFSM vs VFMO | |
| Counterpoint Quantitative Equity ETF | 25.79% | 337.34M | Nov 2023 | FFSM vs CPAI |
Lowest Volatility Alternatives to FFSM
FFSM has 18.65% 1-year volatility. There are 69 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.89% | 426.50M | Feb 2018 | FFSM vs VFMV | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.86% | 99.32M | May 2003 | FFSM vs BMVP | |
| Invesco Dynamic Market ETF | 9.86% | 95.10M | May 2003 | FFSM vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 9.98% | 185.97M | May 2020 | FFSM vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.15% | 34.97M | Dec 2024 | FFSM vs QIDX |
Lowest Drawdown Alternatives to FFSM
FFSM has a 1-year max drawdown of -10.37%. There are 55 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | FFSM vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 4.01M | Feb 2022 | FFSM vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | FFSM vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 99.32M | May 2003 | FFSM vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | FFSM vs PWC |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 60 | 23.56% | 21.38B | Oct 2013 | FFSM vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 64 | 8.39% | 9.77B | Sep 2016 | FFSM vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -28.83% | 13.40B | Jan 2024 | FFSM vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 35 | 0.72% | 26.06B | Oct 2014 | FFSM vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 54 | 10.75% | 10.92B | Sep 2003 | FFSM vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 10.08% | 6.91B | Jun 2020 | FFSM vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 61 | 8.65% | 7.64B | Apr 2007 | FFSM vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.83% | 2.35B | Oct 2013 | FFSM vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -44.11% | 994.18M | Jul 2024 | FFSM vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 2.26% | 5.76B | Nov 2023 | FFSM vs FELG |
Often Compared With FFSM
Investors most often compare FFSM with FFLG, FFLV, AVUV. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare FFSM with Any Fund or Stock
Compare FFSM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFSM with funds that move differently
Fidelity Fundamental Small-Mid Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFSM.
Explore FFSM Diversifiers