FSEG vs. DUSG

Last updated Jul 19, 2026

FSEG (Fidelity Enhanced Small Cap Growth ETF) and DUSG (Dimensional U.S. Small Cap Growth ETF) are both Small Cap Growth Equities funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. FSEG charges 0.28%/yr vs 0.32%/yr for DUSG.

Performance

FSEG vs. DUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Enhanced Small Cap Growth ETF (FSEG) and Dimensional U.S. Small Cap Growth ETF (DUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSEG

• 1D: -0.06%
• 1M: -1.51%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DUSG

• 1D: -0.70%
• 1M: -0.05%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSEG vs. DUSG - Yearly Performance Comparison

	2026 (YTD)
FSEG Fidelity Enhanced Small Cap Growth ETF	4.93%
DUSG Dimensional U.S. Small Cap Growth ETF	2.64%

Correlation

The correlation between FSEG and DUSG is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.71

FSEG vs. DUSG - Sectors Allocation Comparison

Sectors	FSEG	DUSG
Healthcare	29.3%	12.4%
Technology	23.3%	18.2%
Industrials	15.7%	25.2%
Consumer Cyclical	9.2%	16.6%
Financial Services	8.6%	9.0%
Basic Materials	5.2%	6.1%
Energy	4.1%	3.5%
Communication Services	1.9%	2.9%
Real Estate	1.3%	0.3%
Consumer Defensive	0.6%	5.4%
Utilities	-	0.4%

Return for Risk

FSEG vs. DUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Small Cap Growth ETF (FSEG) and Dimensional U.S. Small Cap Growth ETF (DUSG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

FSEG vs. DUSG - Drawdown Comparison

The maximum FSEG drawdown since its inception was -4.70%, which is greater than DUSG's maximum drawdown of -4.19%. Use the drawdown chart below to compare losses from any high point for FSEG and DUSG.

Drawdown Indicators

	FSEG	DUSG	Difference
Max Drawdown Largest peak-to-trough decline	-4.70%	-4.19%	-0.51%
Current Drawdown Current decline from peak	-4.70%	-2.35%	-2.35%
Average Drawdown Average peak-to-trough decline	-1.51%	-1.16%	-0.35%

Volatility

Volatility by Period

	FSEG	DUSG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.70%	14.58%	+7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.70%	14.58%	+7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.70%	14.58%	+7.12%

FSEG vs. DUSG - Expense Ratio Comparison

FSEG has a 0.28% expense ratio, which is lower than DUSG's 0.32% expense ratio.

Dividends

FSEG vs. DUSG - Dividend Comparison

FSEG's dividend yield for the trailing twelve months is around 0.03%, less than DUSG's 0.14% yield.

Position	TTM
DUSG Dimensional U.S. Small Cap Growth ETF	0.14%
FSEG Fidelity Enhanced Small Cap Growth ETF	0.03%

Frequently Asked Questions

Can I hold both FSEG and DUSG in my portfolio?

FSEG and DUSG have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FSEG or DUSG?

On fees, FSEG is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FSEG or DUSG?

FSEG is cheaper with a 0.28% expense ratio, compared with 0.32% for DUSG.

Which ETF pays a higher dividend yield, FSEG or DUSG?

DUSG has the higher dividend yield at 0.14%, compared with 0.03% for FSEG.

What is the main difference between FSEG and DUSG?

They also come from different issuers: Fidelity and Dimensional Fund Advisors. Their fees differ too: 0.28% for FSEG and 0.32% for DUSG.