Franklin Small Cap Enhanced ETF (FSML) belongs to the Small 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 FSML. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSML
FSML charges 0.45% annually. There are 33 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab U.S. Small-Cap ETF | 0.04% | 22.78B | Nov 2009 | FSML vs SCHA | |
| iShares Morningstar Small-Cap ETF | 0.04% | 275.08M | Jun 2004 | FSML vs ISCB | |
| SPDR Portfolio S&P 600 Small Cap ETF | 0.05% | 15.79B | Jul 2013 | FSML vs SPSM | |
| Vanguard Small-Cap ETF | 0.05% | 177.40B | Jan 2004 | FSML vs VB | |
| iShares Core S&P Small-Cap ETF | 0.06% | 103.49B | May 2000 | FSML vs IJR |
Best Risk-Adjusted Alternatives to FSML
Among 60 ETFs in the Small Cap Blend Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Small Cap Core AlphaDEX Fund | 81 | 1.27B | May 2007 | FSML vs FYX | |
| Invesco NASDAQ Future Gen 200 ETF | 80 | 18.47M | Oct 2022 | FSML vs QQQS | |
| JPMorgan Fundamental Data Science Small Core ETF | 77 | 8.82M | Aug 2024 | FSML vs SCDS | |
| Fidelity Enhanced Small Cap ETF | 75 | 5.00B | Dec 2007 | FSML vs FESM | |
| Hartford Multifactor Small Cap ETF | 73 | 57.14M | Mar 2015 | FSML vs ROSC |
Top Performing FSML Alternatives (YTD)
FSML is at 14.90% YTD. There are 16 ETFs in the Small Cap Blend Equities category with higher YTD returns, going as high as 22.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring SMID Core ETF | 22.06% | 33.92M | Jul 2025 | FSML vs ASCE | |
| Invesco NASDAQ Future Gen 200 ETF | 21.36% | 18.47M | Oct 2022 | FSML vs QQQS | |
| Inspire Small/Mid Cap Impact ETF | 20.84% | 318.37M | Feb 2017 | FSML vs ISMD | |
| JPMorgan Fundamental Data Science Small Core ETF | 20.31% | 8.82M | Aug 2024 | FSML vs SCDS | |
| First Trust Small Cap Core AlphaDEX Fund | 17.85% | 1.27B | May 2007 | FSML vs FYX |
Lowest Volatility Alternatives to FSML
FSML has 20.71% 1-year volatility. There are 63 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 6.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.56% | — | Jun 2025 | FSML vs RB | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.40% | 31.42M | Apr 2020 | FSML vs HSMV | |
| OShares U.S. Small-Cap Quality Dividend ETF | 13.11% | 876.85M | Dec 2016 | FSML vs OUSM | |
| Opus Small Cap Value Plus ETF | 13.33% | 685.56M | Jul 2018 | FSML vs OSCV | |
| 6 Meridian Small Cap Equity ETF | 13.37% | 106.31M | May 2020 | FSML vs SIXS |
Lowest Drawdown Alternatives to FSML
Among 60 ETFs in the Small Cap Blend 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 100 ETF | -6.15% | 3.51B | Jun 2017 | FSML vs CALF | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | FSML vs WCEO | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | FSML vs SIXS | |
| VictoryShares US Small Cap High Dividend Volatilit... | -7.18% | 260.47M | Jul 2015 | FSML vs CSB | |
| Opus Small Cap Value Plus ETF | -7.55% | 685.56M | Jul 2018 | FSML vs OSCV |
Other ETFs from Franklin Templeton
The 10 most viewed Franklin Templeton ETFs shown here include LVHI, FLIN, FLKR and span 8 categories. AUM among these funds goes as high as $5B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | Volatility Hedged Equity, Dividend | 90 | 11.03% | 4.94B | Jul 2016 | FSML vs LVHI | |
| Franklin FTSE India ETF | Asia Pacific Equities | 3 | -11.97% | 2.53B | Feb 2018 | FSML vs FLIN | |
| Franklin FTSE South Korea ETF | Asia Pacific Equities | 91 | 75.41% | 1.06B | Nov 2017 | FSML vs FLKR | |
| Legg Mason Low Volatility High Dividend ETF | Volatility Hedged Equity, Dividend | 38 | 8.83% | 581.01M | Dec 2015 | FSML vs LVHD | |
| Franklin International Core Dividend Tilt Index ET... | Foreign Large Cap Equities | 48 | 8.85% | 2.55B | Jun 2016 | FSML vs DIVI | |
| Franklin FTSE Japan ETF | Japan Equities | 48 | 12.80% | 3.79B | Nov 2017 | FSML vs FLJP | |
| Franklin Responsibly Sourced Gold ETF | Precious Metals | 29 | -0.26% | 469.03M | Jun 2022 | FSML vs FGDL | |
| Franklin FTSE China ETF | China Equities | 11 | -8.95% | 272.96M | Nov 2017 | FSML vs FLCH | |
| Franklin FTSE Japan Hedged ETF | Japan Equities | 79 | 16.70% | 166.02M | Nov 2017 | FSML vs FLJH | |
| Franklin Bitcoin ETF | Cryptocurrency | 2 | -31.15% | 426.34M | Jan 2024 | FSML vs EZBC |
Often Compared With FSML
Investors most often compare FSML with VTWO. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Russell 2000 ETF | Small Cap Blend Equities | 60 | 14.67% | 16.60B | Sep 2010 | FSML vs VTWO |
Compare FSML with Any Fund or Stock
Compare FSML with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSML with funds that move differently
Franklin Small Cap Enhanced ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSML.
Explore FSML Diversifiers