AESB vs FESM
Harbor AlphaEdge Small Cap Core ETF vs Fidelity Enhanced Small Cap Core ETF
Which is better, AESB or FESM?
FESM costs less.
FESM has a lower expense ratio. FESM is less concentrated, with 7.1% of the fund in its ten largest positions against 22.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AESB | FESM |
|---|---|---|
| Expense Ratio | 0.38% | 0.28%Best |
| AUM | $2M | $6.4B |
| Dividend Yield | 0.00% | 0.87% |
| Holdings | 331 | 875 |
| YTD Return | -4.24% | +17.52%Best |
| 1Y Return | - | +21.75% |
| 3Y Return (annualized) | - | +22.94% |
| Top 10 Weight | 22.6% | 7.1%Best |
| Fund Family | Harbor Funds | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Aug 26, 2026 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
AESB vs FESM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AESB vs FESM Performance
Harbor AlphaEdge Small Cap Core ETF (AESB) is an ETF from Harbor Funds and Fidelity Enhanced Small Cap Core ETF (FESM) is an ETF from Fidelity Investments (US). Year to date, AESB is down 4.24% versus a gain of 17.52% for FESM.
Past performance does not guarantee future results.
Fees and Cost Over Time
AESB charges 0.38% per year while FESM charges 0.28%. On a $10,000 position that is $38 vs $28 annually, a gap of $10 per year that compounds over a long holding period. On income, AESB currently yields 0.00% against 0.87% for FESM.
Holdings Overlap
53.0% of AESB's money is in holdings FESM also owns. 19.7% of FESM's money is in holdings AESB also owns.
The two portfolios partly overlap.
87 positions in common, counted across the 167 positions we hold weights for in AESB and 883 in FESM, against full books of 331 and 875.
What only one of them owns
Our book lists 639 positions for FESM that do not appear in our book for AESB (77.1% of the fund), and 69 for AESB that do not appear in FESM (37.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AESB | Weight in FESM | Difference |
|---|---|---|---|
| BFHBread Financial Holdings, Inc. | 2.94% | 0.18% | 2.76% |
| RAMPLiveramp Holdings Inc | 2.42% | 0.09% | 2.33% |
| SLDESlide Insurance Holdings, Inc. | 1.97% | 0.00% | 1.97% |
| HRMYHarmony Biosciences, Llc | 1.47% | 0.47% | 1.00% |
| ENSEnersys | 1.10% | 0.72% | 0.38% |
| OFG:PROfg Bancorp Common Stock | 1.63% | 0.12% | 1.51% |
| CAKECheesecake Factory Inc/the | 1.59% | 0.06% | 1.53% |
| ENVAEnova International Inc. (usd) | 1.26% | 0.32% | 0.94% |
| WSFSWsfs Financial Corp Common Stock | 0.97% | 0.57% | 0.40% |
| CARECarter Bank & Trust | 1.33% | 0.14% | 1.19% |
53.0% of AESB is already inside FESM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AESB or FESM?
AESB has an expense ratio of 0.38% while FESM charges 0.28%. FESM is the cheaper option, by $10 a year on a $10,000 investment.
What is the holdings overlap between AESB and FESM?
53.0% of AESB's money is in holdings FESM also owns. 19.7% of FESM's is in holdings AESB also owns. They hold 87 positions in common, counted across the 167 positions we hold weights for in AESB and 883 in FESM.
Which pays a higher dividend, AESB or FESM?
AESB yields 0.00% while FESM yields 0.87%, so FESM currently pays the higher dividend yield.
Is FESM better than AESB?
FESM has a lower expense ratio. FESM is less concentrated, with 7.1% of the fund in its ten largest positions against 22.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.