FESM vs. VTWO
Compare and contrast key facts about Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Russell 2000 ETF (VTWO).
FESM and VTWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FESM is an actively managed fund by Fidelity. It was launched on Dec 20, 2007. VTWO is a passively managed fund by Vanguard that tracks the performance of the Russell 2000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FESM or VTWO.
Key characteristics
| FESM | VTWO | |
|---|---|---|
| YTD Return | 24.20% | 19.00% |
| Daily Std Dev | 20.28% | 21.53% |
| Max Drawdown | -9.60% | -41.19% |
| Current Drawdown | -0.20% | -0.36% |
Correlation
The correlation between FESM and VTWO is 0.99, 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. VTWO - Performance Comparison
In the year-to-date period, FESM achieves a 24.20% return, which is significantly higher than VTWO's 19.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FESM vs. VTWO - Expense Ratio Comparison
FESM has a 0.28% expense ratio, which is higher than VTWO's 0.10% expense ratio.
Risk-Adjusted Performance
FESM vs. VTWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Russell 2000 ETF (VTWO). 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.
Not enough dataDividends
FESM vs. VTWO - Dividend Comparison
FESM's dividend yield for the trailing twelve months is around 0.60%, less than VTWO's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FESM Fidelity Enhanced Small Cap ETF | 0.60% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTWO Vanguard Russell 2000 ETF | 1.20% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% | 1.12% | 1.04% |
Drawdowns
FESM vs. VTWO - Drawdown Comparison
The maximum FESM drawdown since its inception was -9.60%, smaller than the maximum VTWO drawdown of -41.19%. Use the drawdown chart below to compare losses from any high point for FESM and VTWO. For additional features, visit the drawdowns tool.
Volatility
FESM vs. VTWO - Volatility Comparison
Fidelity Enhanced Small Cap ETF (FESM) and Vanguard Russell 2000 ETF (VTWO) have volatilities of 7.02% and 7.26%, 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.