Fidelity Enhanced Small Cap Value ETF (FSEV) belongs to the Small Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FSEV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSEV
FSEV charges 0.28% annually. There are 9 ETFs in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Small-Cap Value ETF | 0.05% | 65.50B | Jan 2004 | FSEV vs VBR | |
| Vanguard Russell 2000 Value ETF | 0.06% | 1.30B | Sep 2010 | FSEV vs VTWV | |
| iShares Morningstar Small Cap Value ETF | 0.06% | 681.63M | Jun 2004 | FSEV vs ISCV | |
| Vanguard S&P Small-Cap 600 Value ETF | 0.10% | 1.90B | Sep 2010 | FSEV vs VIOV | |
| SPDR S&P 600 Small Cap Value ETF | 0.15% | 4.83B | Sep 2000 | FSEV vs SLYV |
Best Risk-Adjusted Alternatives to FSEV
Among 36 ETFs in the Small Cap Value Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Small Mid Cap Value Momentum ETF | 88 | 1.73B | Oct 2017 | FSEV vs USVM | |
| First Trust Small Cap Value AlphaDEX Fund | 87 | 185.07M | Apr 2011 | FSEV vs FYT | |
| EA Bridgeway Omni Small-Cap Value ETF | 87 | 1.71B | Dec 2010 | FSEV vs BSVO | |
| Cambria Micro And Smallcap Shareholder Yield ETF | 86 | — | Jan 2024 | FSEV vs MYLD | |
| Harbor SMID Cap Value ETF | 86 | 6.11M | May 2025 | FSEV vs EPSV |
Top Performing FSEV Alternatives (YTD)
Among 38 ETFs in the Small Cap Value Equities category with YTD return data, the top-performing alternatives shown here go as high as 28.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P SmallCap 600® Pure Value ETF | 28.92% | 281.21M | Mar 2006 | FSEV vs RZV | |
| Towle Value ETF | 28.42% | 181.60M | Jul 2025 | FSEV vs TCV | |
| Harbor SMID Cap Value ETF | 27.44% | 6.11M | May 2025 | FSEV vs EPSV | |
| First Trust Small Cap Value AlphaDEX Fund | 27.35% | 185.07M | Apr 2011 | FSEV vs FYT | |
| EA Bridgeway Omni Small-Cap Value ETF | 26.22% | 1.71B | Dec 2010 | FSEV vs BSVO |
Lowest Volatility Alternatives to FSEV
FSEV has 15.45% 1-year volatility. There are 8 ETFs in the Small Cap Value Equities category with lower 1-year volatility, going as low as 11.92%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bahl & Gaynor Small/Mid Cap Income Growth ETF | 11.92% | 1.13B | Aug 2021 | FSEV vs SMIG | |
| EA Series Trust - Euclidean Fundamental Value ETF | 14.34% | 136.73M | May 2023 | FSEV vs ECML | |
| Brandes U.S. Small-Mid Cap Value ETF | 14.51% | 161.61M | Oct 2023 | FSEV vs BSMC | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 14.68% | 1.73B | Oct 2017 | FSEV vs USVM | |
| iShares International Developed Small Cap Value Fa... | 14.85% | 316.20M | Mar 2021 | FSEV vs ISVL |
Lowest Drawdown Alternatives to FSEV
Among 36 ETFs in the Small Cap Value Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -6.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows ETF | -6.15% | 3.55B | Jun 2017 | FSEV vs CALF | |
| EA Series Trust - Euclidean Fundamental Value ETF | -7.01% | 136.73M | May 2023 | FSEV vs ECML | |
| Themes US Small Cap Cash Flow Champions ETF | -7.13% | 3.13M | Dec 2023 | FSEV vs SMCF | |
| Avantis US Small Cap Value ETF | -7.95% | 28.73B | Sep 2019 | FSEV vs AVUV | |
| EA Bridgeway Omni Small-Cap Value ETF | -8.31% | 1.71B | Dec 2010 | FSEV vs BSVO |
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 $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 47 | 20.48% | 20.96B | Oct 2013 | FSEV vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 70 | 11.47% | 9.74B | Sep 2016 | FSEV vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 2 | -26.77% | 10.22B | Jan 2024 | FSEV vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 40 | 0.54% | 26.62B | Oct 2014 | FSEV vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 45 | 10.61% | 10.69B | Sep 2003 | FSEV vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 35 | 9.35% | 6.97B | Jun 2020 | FSEV vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 67 | 10.78% | 7.88B | Apr 2007 | FSEV vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 29 | 6.97% | 2.35B | Oct 2013 | FSEV vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 4 | -37.99% | 750.93M | Jul 2024 | FSEV vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 26 | 2.69% | 5.65B | Nov 2023 | FSEV vs FELG |
Compare FSEV with Any Fund or Stock
Compare FSEV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSEV with funds that move differently
Fidelity Enhanced Small Cap Value ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSEV.
Explore FSEV Diversifiers