Fidelity New Millennium ETF (FMIL) Alternatives
Fidelity New Millennium ETF (FMIL) belongs to the Large 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 FMIL. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FMIL
FMIL charges 0.59% annually. Among ETFs in the Large Cap Blend Equities category, these options have the lowest expense ratios among FMIL alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Franklin U.S. Equity Index ETF | 0.03% | Jun 1, 2016 | FMIL vs USPX | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | Oct 4, 2000 | FMIL vs SPTM | |
| Schwab U.S. Large-Cap ETF | 0.03% | Nov 3, 2009 | FMIL vs SCHX | |
| Vanguard Total Stock Market ETF | 0.03% | Jun 27, 2016 | FMIL vs VTI | |
| Engine No. 1 Transform 500 ETF | 0.05% | Jun 22, 2021 | FMIL vs VOTE |
Best Risk-Adjusted Alternatives to FMIL
Among ETFs in the Large Cap Blend Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Strategas Macro Thematic Opportunities ETF | 91 | Jan 25, 2022 | FMIL vs SAMT | |
| THOR Equal Weight Low Volatility ETF | 88 | Sep 12, 2022 | FMIL vs THLV | |
| Blackrock Large Cap Core ETF | 87 | Oct 24, 2023 | FMIL vs BLCR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 85 | Mar 19, 2021 | FMIL vs QMAR | |
| WealthTrust DBS Long Term Growth ETF | 83 | Dec 6, 2021 | FMIL vs WLTG |
Top Performing FMIL Alternatives (YTD)
FMIL alternatives from the Large Cap Blend Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| First Trust Bloomberg Inflation Sensitive Equity E... | 19.63% | Mar 13, 2023 | FMIL vs FTIF | |
| Return Stacked US Stocks & Futures Yield ETF | 15.85% | May 28, 2024 | FMIL vs RSSY | |
| iShares Texas Equity ETF | 12.67% | Jun 23, 2025 | FMIL vs TEXN | |
| First Trust Indxx Global Agriculture ETF | 12.56% | Mar 12, 2010 | FMIL vs FTAG | |
| Avantis Inflation Focused Equity ETF | 11.28% | Sep 27, 2022 | FMIL vs AVIE |
Lowest Volatility Alternatives to FMIL
FMIL alternatives from the Large Cap Blend Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - November | 8.50% | Nov 1, 2019 | FMIL vs UNOV | |
| Pacer Swan SOS Conservative (December) ETF | 8.83% | Dec 22, 2020 | FMIL vs PSCX | |
| Azoria 500 Meritocracy ETF | 9.38% | Jul 7, 2025 | FMIL vs SPXM | |
| Pacer Swan SOS Moderate (December) ETF | 10.09% | Dec 22, 2020 | FMIL vs PSMD | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 10.23% | Jun 19, 2020 | FMIL vs DJUN |
Lowest Drawdown Alternatives to FMIL
FMIL alternatives from the Large Cap Blend Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - November | -5.78% | Nov 1, 2019 | FMIL vs UNOV | |
| Bridges Capital Tactical ETF | -5.85% | May 10, 2023 | FMIL vs BDGS | |
| Pacer Swan SOS Conservative (December) ETF | -6.15% | Dec 22, 2020 | FMIL vs PSCX | |
| THOR Equal Weight Low Volatility ETF | -6.66% | Sep 12, 2022 | FMIL vs THLV | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | -7.33% | Jun 19, 2020 | FMIL vs DJUN |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | FMIL vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FMIL vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FMIL vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FMIL vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FMIL vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FMIL vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FMIL vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FMIL vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FMIL vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FMIL vs FELG |
Often Compared With FMIL
What investors most often compare with FMIL, based on PortfoliosLab usage data.
Compare FMIL with Any Fund or Stock
Compare FMIL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.