FESM vs. VIEIX
Compare and contrast key facts about Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Extended Market Index Fund Institutional Shares (VIEIX).
FESM is an actively managed fund by Fidelity. It was launched on Dec 20, 2007. VIEIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FESM or VIEIX.
Correlation
The correlation between FESM and VIEIX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FESM vs. VIEIX - Performance Comparison
Key characteristics
FESM:
1.37
VIEIX:
1.55
FESM:
1.97
VIEIX:
2.14
FESM:
1.25
VIEIX:
1.27
FESM:
2.64
VIEIX:
1.63
FESM:
6.95
VIEIX:
7.80
FESM:
4.01%
VIEIX:
3.61%
FESM:
20.30%
VIEIX:
18.14%
FESM:
-10.56%
VIEIX:
-57.47%
FESM:
-4.53%
VIEIX:
-2.71%
Returns By Period
In the year-to-date period, FESM achieves a 5.29% return, which is significantly lower than VIEIX's 5.73% return.
FESM
5.29%
4.35%
8.10%
24.04%
N/A
N/A
VIEIX
5.73%
4.46%
13.08%
24.78%
10.59%
10.14%
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FESM vs. VIEIX - Expense Ratio Comparison
FESM has a 0.28% expense ratio, which is higher than VIEIX's 0.05% expense ratio.
Risk-Adjusted Performance
FESM vs. VIEIX — Risk-Adjusted Performance Rank
FESM
VIEIX
FESM vs. VIEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Extended Market Index Fund Institutional Shares (VIEIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FESM vs. VIEIX - Dividend Comparison
FESM's dividend yield for the trailing twelve months is around 1.03%, which matches VIEIX's 1.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FESM Fidelity Enhanced Small Cap ETF | 1.03% | 1.08% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VIEIX Vanguard Extended Market Index Fund Institutional Shares | 1.04% | 1.10% | 1.28% | 1.16% | 1.14% | 1.08% | 1.31% | 1.67% | 1.27% | 1.45% | 1.37% | 2.65% |
Drawdowns
FESM vs. VIEIX - Drawdown Comparison
The maximum FESM drawdown since its inception was -10.56%, smaller than the maximum VIEIX drawdown of -57.47%. Use the drawdown chart below to compare losses from any high point for FESM and VIEIX. For additional features, visit the drawdowns tool.
Volatility
FESM vs. VIEIX - Volatility Comparison
Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Extended Market Index Fund Institutional Shares (VIEIX) have volatilities of 6.89% and 6.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.