JMEE vs. FSMD
Compare and contrast key facts about JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and Fidelity Small-Mid Multifactor ETF (FSMD).
JMEE and FSMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMEE is an actively managed fund by JPMorgan. It was launched on Jul 31, 1998. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMEE or FSMD.
Correlation
The correlation between JMEE and FSMD is 0.98, 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
JMEE vs. FSMD - Performance Comparison
Key characteristics
JMEE:
0.83
FSMD:
1.01
JMEE:
1.27
FSMD:
1.53
JMEE:
1.15
FSMD:
1.19
JMEE:
1.54
FSMD:
1.78
JMEE:
3.71
FSMD:
4.60
JMEE:
3.68%
FSMD:
3.49%
JMEE:
16.29%
FSMD:
15.66%
JMEE:
-16.61%
FSMD:
-40.67%
JMEE:
-6.03%
FSMD:
-5.05%
Returns By Period
In the year-to-date period, JMEE achieves a 2.22% return, which is significantly lower than FSMD's 3.11% return.
JMEE
2.22%
1.08%
6.71%
14.95%
N/A
N/A
FSMD
3.11%
2.14%
8.06%
17.37%
10.76%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMEE vs. FSMD - Expense Ratio Comparison
JMEE has a 0.24% expense ratio, which is lower than FSMD's 0.29% expense ratio.
Risk-Adjusted Performance
JMEE vs. FSMD — Risk-Adjusted Performance Rank
JMEE
FSMD
JMEE vs. FSMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Market Expansion Enhanced Equity ETF (JMEE) and Fidelity Small-Mid Multifactor ETF (FSMD). 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
JMEE vs. FSMD - Dividend Comparison
JMEE's dividend yield for the trailing twelve months is around 0.93%, less than FSMD's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
JMEE JPMorgan Market Expansion Enhanced Equity ETF | 0.93% | 0.95% | 1.25% | 6.63% | 0.00% | 0.00% | 0.00% |
FSMD Fidelity Small-Mid Multifactor ETF | 1.25% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% |
Drawdowns
JMEE vs. FSMD - Drawdown Comparison
The maximum JMEE drawdown since its inception was -16.61%, smaller than the maximum FSMD drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for JMEE and FSMD. For additional features, visit the drawdowns tool.
Volatility
JMEE vs. FSMD - Volatility Comparison
JPMorgan Market Expansion Enhanced Equity ETF (JMEE) has a higher volatility of 3.89% compared to Fidelity Small-Mid Multifactor ETF (FSMD) at 3.67%. This indicates that JMEE's price experiences larger fluctuations and is considered to be riskier than FSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.