FESC vs TSEE
First Eagle Small Cap Equity ETF vs T. Rowe Price Small-Cap ETF
Which is better, FESC or TSEE?
FESC costs less.
FESC has a lower expense ratio. FESC is less concentrated, with 10.4% of the fund in its ten largest positions against 14.7%.
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 | FESC | TSEE |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.59% |
| AUM | $5M | $10M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 184 | 220 |
| YTD Return | -9.73% | -4.78%Best |
| Top 10 Weight | 10.4%Best | 14.7% |
| Fund Family | First Eagle Investments | T.Rowe Price |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Jun 30, 2026 | Sep 16, 2026 |
Not shown on this pair: 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FESC vs TSEE 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.
FESC vs TSEE Performance
First Eagle Small Cap Equity ETF (FESC) is an ETF from First Eagle Investments and T. Rowe Price Small-Cap ETF (TSEE) is an ETF from T.Rowe Price. Year to date, FESC is down 9.73% versus a loss of 4.78% for TSEE.
Past performance does not guarantee future results.
Fees and Cost Over Time
FESC charges 0.55% per year while TSEE charges 0.59%. On a $10,000 position that is $55 vs $59 annually, a gap of $4 per year that compounds over a long holding period. On income, FESC currently yields 0.00% against 0.00% for TSEE.
Holdings Overlap
14.4% of FESC's money is in holdings TSEE also owns. 9.1% of TSEE's money is in holdings FESC also owns.
FESC and TSEE share little of their money.
23 positions in common, counted across the 181 positions we hold weights for in FESC and 220 in TSEE, against full books of 184 and 220.
What only one of them owns
Our book lists 177 positions for TSEE that do not appear in our book for FESC (81.3% of the fund), and 151 for FESC that do not appear in TSEE (81.2%).
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 FESC | Weight in TSEE | Difference |
|---|---|---|---|
| GOGrocery Outlet Holding Corp | 0.64% | 1.27% | 0.63% |
| ESIElement Solutions Inc | 0.42% | 1.16% | 0.74% |
| COLBColumbia Banking System, Inc. | 0.74% | 0.76% | 0.02% |
| DCOMDime Community | 0.69% | 0.68% | 0.01% |
| SBCFSeacoast Banking Corp Of Florida | 0.82% | 0.40% | 0.42% |
| LPXLouisiana-Pacific Corp | 0.81% | 0.33% | 0.48% |
| LFSTLifestance Health Group Inc | 0.76% | 0.34% | 0.42% |
| BKDBrookdale Senior Living Inc | 0.97% | 0.09% | 0.88% |
| AINAlbany International Corp | 0.72% | 0.34% | 0.38% |
| GFFGriffon Corp. | 0.67% | 0.38% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of FESC and TSEE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FESC or TSEE?
FESC has an expense ratio of 0.55% while TSEE charges 0.59%. FESC is the cheaper option, by $4 a year on a $10,000 investment.
What is the holdings overlap between FESC and TSEE?
14.4% of FESC's money is in holdings TSEE also owns. 9.1% of TSEE's is in holdings FESC also owns. They hold 23 positions in common, counted across the 181 positions we hold weights for in FESC and 220 in TSEE.
Which pays a higher dividend, FESC or TSEE?
FESC yields 0.00% while TSEE yields 0.00%, so TSEE currently pays the higher dividend yield.
Is TSEE better than FESC?
FESC has a lower expense ratio. FESC is less concentrated, with 10.4% of the fund in its ten largest positions against 14.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.