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FESM vs VOX

Comparison between FIDELITY ENHANCED SMALL CAP ETF (FESM, ETF) and VANGUARD COMMUNICATION SERVICES INDEX FUND ETF SHARES (VOX, ETF).

FESM vs VOX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
FESM
$6B
VOX
$6B
Expense Ratio
FESM
0.28%
Winner
VOX
0.09%
Max Drawdown
Winner
FESM
27.67%
VOX
58.29%
Sharpe Ratio
Winner
FESM
1.92
VOX
0.32
5Y Beta
FESM
1.09
Winner
VOX
0.93
P/E Ratio
FESM
152.45
Winner
VOX
21.93
Forward P/E
Winner
FESM
14.55
VOX
15.48
5Y Dividends CAGR
FESM
N/A
VOX
21.24%
5Y EPS CAGR
FESM
7.06%
Winner
VOX
26.25%
Debt to Equity
Winner
FESM
104.00%
VOX
108.57%
P/S Ratio
Winner
FESM
1.49
VOX
2.51
P/B Ratio
Winner
FESM
1.69
VOX
3.70

FESM vs VOX - Holdings Comparison

FESM and VOX have 24 common holdings. Overlap is 1.65%

FESM's top 25 holdings weight is 18.52%. VOX's top 25 holdings weight is 89.19%.

RankFESMVOX
#1
n/a (n/a) - 3.83%
META PLATFORMS INC CLASS A (META) - 20.31%
#2
FIDELITY CASH CENTRAL FUND (n/a) - 1.20%
ALPHABET INC CLASS A (GOOGL) - 14.40%
#3
COMMERCIAL METALS CO (CMC) - 0.80%
ALPHABET INC CLASS C (GOOG) - 7.79%
#4
HEALTHEQUITY INC (HQY) - 0.72%
THE WALT DISNEY CO (DIS) - 4.36%
#5
PLEXUS CORP (PLXS) - 0.72%
NETFLIX INC (NFLX) - 4.21%
#6
OSCAR HEALTH INC CLASS A (OSCR) - 0.68%
VERIZON COMMUNICATIONS INC (VZ) - 4.20%
#7
INSTALLED BUILDING PRODUCTS INC (IBP) - 0.68%
AT&T INC (T) - 3.86%
#8
TENABLE HOLDINGS INC (TENB) - 0.65%
COMCAST CORP CLASS A (CMCSA) - 3.29%
#9
OPTION CARE HEALTH INC (OPCH) - 0.65%
T-MOBILE US INC (TMUS) - 2.97%
#10
GRIFFON CORP (GFF) - 0.64%
n/a (WBD) - 2.84%
#11
n/a (PECO) - 0.64%
TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 2.64%
#12
TUTOR PERINI CORP (TPC) - 0.62%
ELECTRONIC ARTS INC (EA) - 2.61%
#13
ENERSYS (ENS) - 0.62%
n/a (SPCX) - 2.37%
#14
WESBANCO INC (WSBC) - 0.61%
ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 1.94%
#15
BALCHEM CORP (BCPC) - 0.61%
LIVE NATION ENTERTAINMENT INC (LYV) - 1.72%
#16
CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 0.60%
OMNICOM GROUP INC (OMC) - 1.24%
#17
SKYWEST INC (SKYW) - 0.60%
n/a (FWONK) - 1.21%
#18
ACI WORLDWIDE INC (ACIW) - 0.59%
REDDIT INC CLASS A SHARES (RDDT) - 1.20%
#19
OUTFRONT MEDIA INC (OUT) - 0.59%
n/a (ASTS) - 1.17%
#20
KODIAK GAS SERVICES INC (KGS) - 0.58%
ROKU INC CLASS A (ROKU) - 1.08%
#21
DXP ENTERPRISES INC (DXPE) - 0.38%
SLBBH1142 (n/a) - 0.84%
#22
NMI HOLDINGS INC (NMIH) - 0.38%
TKO GROUP HOLDINGS INC (TKO) - 0.80%
#23
n/a (HRMY) - 0.38%
ECHOSTAR CORP CLASS A (ECHO) - 0.79%
#24
JOHN WILEY & SONS INC CLASS A (WLY) - 0.38%
CHARTER COMMUNICATIONS INC CLASS A (CHTR) - 0.69%
#25
SHAKE SHACK INC CLASS A (SHAK) - 0.37%
NEW YORK TIMES CO CLASS A (NYT) - 0.66%
Total Holdings814116

FESM vs VOX - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FESM
+2.01%
VOX
-1.30%
3M
Winner
FESM
+9.44%
VOX
-5.12%
6M
Winner
FESM
+20.25%
VOX
-1.26%
1Y
Winner
FESM
+47.36%
VOX
+8.94%
5Y(CAGR)
FESM
N/A
VOX
+6.38%
10Y(CAGR)
FESM
N/A
VOX
+8.35%
Max(CAGR)
Winner
FESM
+28.52%
VOX
+8.72%

FESM vs VOX - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

YearFESMVOX
2026+27.58%-2.39%
2025+17.52%+25.39%
2024+17.18%+34.31%
2023+12.19%+43.18%
2022N/A-39.28%
2021N/A+15.60%
2020N/A+27.62%
2019N/A+26.37%
2018N/A-17.20%
2017N/A-8.48%
2016N/A+24.56%
2015N/A+2.53%
2014N/A+4.87%
2013N/A+21.99%
2012N/A+15.69%
2011N/A-3.64%
2010N/A+17.02%
2009N/A+26.98%
2008N/A-37.71%
2007N/A+5.09%
2006N/A+35.91%
2005N/A+2.20%
2004N/A+12.07%

FESM vs VOX Drawdown Comparison

The maximum drawdown for FESM was -26.93%, occurring on Apr 8, 2025. Recovery took 183 trading sessions.

The maximum drawdown for VOX was -57.17%, occurring on Nov 20, 2008. Recovery took 1302 trading sessions.

The current FESM drawdown is -0.25%. The current VOX drawdown is -5.95%.

RankFESMVOX
#1-26.93%
Dec 2, 2024 - Aug 27, 2025
-57.17%
Jul 16, 2007 - Sep 12, 2012
#2-10.18%
Jan 22, 2026 - Apr 14, 2026
-46.76%
Sep 1, 2021 - Oct 4, 2024
#3-9.60%
Jul 31, 2024 - Sep 19, 2024
-31.17%
Feb 19, 2020 - Aug 3, 2020
#4-8.39%
Mar 28, 2024 - Jul 11, 2024
-28.95%
Jan 4, 2017 - Jan 13, 2020
#5-7.57%
Oct 27, 2025 - Nov 28, 2025
-21.15%
Feb 14, 2025 - Jun 27, 2025
#6-6.28%
Dec 27, 2023 - Feb 12, 2024
-13.55%
Jan 29, 2026 - Mar 27, 2026
#7-5.09%
Nov 11, 2024 - Nov 25, 2024
-13.26%
Jul 15, 2016 - Dec 20, 2016
#8-4.72%
May 6, 2026 - May 26, 2026
-12.27%
Apr 28, 2015 - Feb 29, 2016
#9-4.08%
Oct 8, 2025 - Oct 15, 2025
-11.00%
Sep 2, 2020 - Nov 6, 2020
#10-3.96%
Jun 30, 2026 - Aug 4, 2026
-10.78%
Oct 5, 2012 - Mar 14, 2013
#11-3.63%
Feb 12, 2024 - Feb 15, 2024
-9.78%
Dec 30, 2004 - Jul 14, 2005
#12-3.59%
Feb 15, 2024 - Mar 1, 2024
-8.92%
Jul 29, 2014 - Feb 10, 2015
#13-3.59%
Dec 11, 2025 - Jan 6, 2026
-8.45%
Aug 2, 2005 - Nov 21, 2005
#14-3.58%
Oct 16, 2024 - Nov 6, 2024
-7.05%
May 9, 2006 - Aug 2, 2006
#15-3.56%
Jul 16, 2024 - Jul 26, 2024
-6.97%
Jul 17, 2013 - Oct 17, 2013

Correlation

Correlation between FESM and VOX is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85
-101

Dividend Comparison (2004 - 2026)

FESM vs VOX dividend yield comparison.

YearFESMVOX
20260.42%0.47%
20250.82%0.95%
20241.08%1.05%
20230.06%1.03%
20220.00%0.88%
20210.00%0.93%
20200.00%0.73%
20190.00%0.90%
20180.00%2.77%
20170.00%3.83%
20160.00%2.67%
20150.00%3.55%
20140.00%2.66%
20130.00%3.88%
20120.00%3.53%
20110.00%3.23%
20100.00%2.90%
20090.00%2.67%
20080.00%3.06%
20070.00%2.65%
20060.00%1.26%
20050.00%2.86%
20040.00%0.75%

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