FESM vs SCDV
Fidelity Enhanced Small Cap Core ETF vs Bahl & Gaynor Small Cap Dividend ETF
Which is better, FESM or SCDV?
FESM has been ahead.
FESM has a lower expense ratio. FESM led over 1Y and the full window. FESM is less concentrated, with 7.1% of the fund in its ten largest positions against 48.0%.
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 | FESM | SCDV |
|---|---|---|
| Expense Ratio | 0.28%Best | 0.70% |
| AUM | $6.4B | $148M |
| Dividend Yield | 0.87% | 0.43% |
| Holdings | 875 | 40 |
| YTD Return | +17.52%Best | +6.54% |
| 1Y Return | +21.75%Best | +3.53% |
| 3Y Return (annualized) | +22.94% | - |
| Volatility (annualized) | 17.6% | 14.5%Best |
| Max Drawdown | -24.5% | -22.8%Best |
| $10,000 over 1.8 years | $13,004Best | $10,403 |
| Top 10 Weight | 7.1%Best | 48.0% |
| Fund Family | Fidelity Investments (US) | Bahl & Gaynor |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Nov 20, 2023 | Dec 11, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
FESM vs SCDV 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 covers the 1.8 years both funds cover.
FESM vs SCDV Performance
Fidelity Enhanced Small Cap Core ETF (FESM) is an ETF from Fidelity Investments (US) and Bahl & Gaynor Small Cap Dividend ETF (SCDV) is an ETF from Bahl & Gaynor. Over the past year FESM returned +21.75% while SCDV returned +3.53%. Year to date, FESM is up 17.52% versus a gain of 6.54% for SCDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FESM has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.5% for SCDV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.5% for FESM and -22.8% for SCDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FESM charges 0.28% per year while SCDV charges 0.70%. On a $10,000 position that is $28 vs $70 annually, a gap of $42 per year that compounds over a long holding period. On income, FESM currently yields 0.87% against 0.43% for SCDV.
Holdings Overlap
2.6% of FESM's money is in holdings SCDV also owns. 28.8% of SCDV's money is in holdings FESM also owns.
SCDV and FESM share little of their money.
9 positions in common, counted across the 883 positions we hold weights for in FESM and 36 in SCDV, against full books of 875 and 40.
What only one of them owns
Our book lists 26 positions for SCDV that do not appear in our book for FESM (67.3% of the fund), and 706 for FESM that do not appear in SCDV (93.8%).
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 FESM | Weight in SCDV | Difference |
|---|---|---|---|
| ENSGEnsign Group Inc/the | 0.04% | 8.35% | 8.31% |
| FSSFederal Signal Corp | 0.20% | 4.88% | 4.68% |
| AHRAmerican Healthcare REIT Inc | 0.02% | 4.80% | 4.78% |
| AITApplied Industrial Technologies Inc | 0.24% | 3.52% | 3.28% |
| BCPCBalchem Corp | 0.57% | 2.33% | 1.76% |
| SXTSensient Technologies Corp | 0.52% | 1.62% | 1.10% |
| FFBCFirst Financial Bank. | 0.05% | 1.74% | 1.69% |
| SWXSouthwest Gas Holdings Inc Common Stock Usd 1 | 0.36% | 0.98% | 0.62% |
| IBPInstalled Building Products | 0.64% | 0.61% | 0.03% |
28.8% of SCDV 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, FESM or SCDV?
FESM has an expense ratio of 0.28% while SCDV charges 0.70%. FESM is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, FESM or SCDV?
Over the past year FESM returned +21.75% vs +3.53% for SCDV, so FESM leads on 1-year performance. Over the longest common window we track (2 years), FESM annualized +15.71% vs +2.22% for SCDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FESM or SCDV?
FESM has been the more volatile fund at 17.6% annualized versus 14.5% for SCDV. Worst drawdown: FESM -24.5% vs SCDV -22.8%.
Should I hold both FESM and SCDV?
FESM and SCDV have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FESM and SCDV?
28.8% of SCDV's money is in holdings FESM also owns. 28.8% of SCDV's is in holdings FESM also owns. They hold 9 positions in common, counted across the 883 positions we hold weights for in FESM and 36 in SCDV.
Which pays a higher dividend, FESM or SCDV?
FESM yields 0.87% while SCDV yields 0.43%, so FESM currently pays the higher dividend yield.
Is SCDV better than FESM?
FESM has a lower expense ratio. FESM led over 1Y and the full window. FESM is less concentrated, with 7.1% of the fund in its ten largest positions against 48.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.