FSMD vs. JATTX
Compare and contrast key facts about Fidelity Small-Mid Multifactor ETF (FSMD) and Janus Henderson Triton Fund Class T (JATTX).
FSMD is a passively managed fund by Fidelity that tracks the performance of the Fidelity Small-Mid Multifactor Index. It was launched on Feb 26, 2019. JATTX is managed by Janus Henderson. It was launched on Feb 25, 2005.
Performance
FSMD vs. JATTX - Performance Comparison
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FSMD vs. JATTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FSMD Fidelity Small-Mid Multifactor ETF | 2.86% | 8.70% | 15.18% | 17.37% | -11.15% | 26.40% | 8.94% | 8.81% |
JATTX Janus Henderson Triton Fund Class T | -1.40% | 9.54% | 10.30% | 14.52% | -23.75% | 6.63% | 28.41% | 8.81% |
Returns By Period
In the year-to-date period, FSMD achieves a 2.86% return, which is significantly higher than JATTX's -1.40% return.
FSMD
- 1D
- 1.12%
- 1M
- -4.17%
- YTD
- 2.86%
- 6M
- 3.53%
- 1Y
- 16.98%
- 3Y*
- 13.49%
- 5Y*
- 8.08%
- 10Y*
- —
JATTX
- 1D
- 3.90%
- 1M
- -6.19%
- YTD
- -1.40%
- 6M
- 3.56%
- 1Y
- 16.18%
- 3Y*
- 8.63%
- 5Y*
- 1.65%
- 10Y*
- 9.25%
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FSMD vs. JATTX - Expense Ratio Comparison
FSMD has a 0.29% expense ratio, which is lower than JATTX's 0.91% expense ratio.
Return for Risk
FSMD vs. JATTX — Risk / Return Rank
FSMD
JATTX
FSMD vs. JATTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small-Mid Multifactor ETF (FSMD) and Janus Henderson Triton Fund Class T (JATTX). 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.
| FSMD | JATTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.79 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.25 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.16 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.14 | +0.22 |
Martin ratioReturn relative to average drawdown | 5.66 | 4.70 | +0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSMD | JATTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.79 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.08 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.50 | -0.02 |
Correlation
The correlation between FSMD and JATTX is 0.90, 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.
Dividends
FSMD vs. JATTX - Dividend Comparison
FSMD's dividend yield for the trailing twelve months is around 1.35%, less than JATTX's 11.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMD Fidelity Small-Mid Multifactor ETF | 1.35% | 1.33% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% |
JATTX Janus Henderson Triton Fund Class T | 11.70% | 11.54% | 7.74% | 7.29% | 6.35% | 20.71% | 4.17% | 4.30% | 7.56% | 5.11% | 2.83% | 7.89% |
Drawdowns
FSMD vs. JATTX - Drawdown Comparison
The maximum FSMD drawdown since its inception was -40.67%, smaller than the maximum JATTX drawdown of -57.77%. Use the drawdown chart below to compare losses from any high point for FSMD and JATTX.
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Drawdown Indicators
| FSMD | JATTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.67% | -57.77% | +17.10% |
Max Drawdown (1Y)Largest decline over 1 year | -12.63% | -13.20% | +0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -22.16% | -31.90% | +9.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.71% | — |
Current DrawdownCurrent decline from peak | -4.60% | -7.62% | +3.02% |
Average DrawdownAverage peak-to-trough decline | -6.12% | -8.82% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 3.19% | -0.17% |
Volatility
FSMD vs. JATTX - Volatility Comparison
The current volatility for Fidelity Small-Mid Multifactor ETF (FSMD) is 6.62%, while Janus Henderson Triton Fund Class T (JATTX) has a volatility of 7.34%. This indicates that FSMD experiences smaller price fluctuations and is considered to be less risky than JATTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSMD | JATTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.62% | 7.34% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 11.37% | 11.95% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.08% | 20.44% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 19.52% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.54% | 20.53% | +1.01% |