FSMD vs CLIP

Comparison between FIDELITY SMALL-MID MULTIFACTOR ETF (FSMD, ETF) and GLOBAL X 1-3 MONTH T-BILL ETF (CLIP, ETF).

FSMD vs CLIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSMD(ETF)	CLIP(ETF)
Net Assets	$2.60B	$2.60B
Expense Ratio	0.15%	0.07%
Max Drawdown	40.93%	0.56%
Sharpe Ratio	1.25	-0.10
5Y Beta	0.95	-0.00
P/E Ratio	21.56	N/A
Forward P/E	15.93	N/A
5Y Dividends CAGR	10.17%	N/A
5Y EPS CAGR	15.68%	N/A
Debt to Equity	28.15%	N/A
P/S Ratio	1.66	N/A
P/B Ratio	2.77	N/A

Net Assets

FSMD

$2.60B

CLIP

$2.60B

Expense Ratio

FSMD

0.15%

Winner

CLIP

0.07%

Max Drawdown

FSMD

40.93%

Winner

CLIP

0.56%

Sharpe Ratio

Winner

FSMD

1.25

CLIP

-0.10

5Y Beta

FSMD

0.95

Winner

CLIP

-0.00

P/E Ratio

FSMD

21.56

CLIP

N/A

Forward P/E

FSMD

15.93

CLIP

N/A

5Y Dividends CAGR

FSMD

10.17%

CLIP

N/A

5Y EPS CAGR

FSMD

15.68%

CLIP

N/A

Debt to Equity

FSMD

28.15%

CLIP

N/A

P/S Ratio

FSMD

1.66

CLIP

N/A

P/B Ratio

FSMD

2.77

CLIP

N/A

FSMD vs CLIP - Historical Returns

Returns include dividend reinvestment.

Period	FSMD	CLIP
1 month	+0.12%	+0.32%
3 months	+3.70%	+0.93%
6 months	+10.02%	+1.78%
1 year	+25.54%	+3.84%
5 years(CAGR)	+10.24%	N/A
Max(CAGR)	+11.97%	+4.64%

FSMD

+0.12%

Winner

CLIP

+0.32%

Winner

FSMD

+3.70%

CLIP

+0.93%

Winner

FSMD

+10.02%

CLIP

+1.78%

Winner

FSMD

+25.54%

CLIP

+3.84%

5Y(CAGR)

FSMD

+10.24%

CLIP

N/A

Max(CAGR)

Winner

FSMD

+11.97%

CLIP

+4.64%

FSMD vs CLIP - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	FSMD	CLIP
2026	+17.52%	+2.12%
2025	+8.92%	+4.22%
2024	+15.63%	+5.30%
2023	+17.73%	+2.82%
2022	-11.54%	N/A
2021	+27.63%	N/A
2020	+8.61%	N/A
2019	+8.81%	N/A

FSMD vs CLIP Drawdown Comparison

The maximum drawdown for FSMD was -40.66%, occurring on Mar 23, 2020. Recovery took 194 trading sessions.

The maximum drawdown for CLIP was -0.08%, occurring on Oct 11, 2023. Recovery took 4 trading sessions.

The current FSMD drawdown is -1.80%.

Rank	FSMD	CLIP
#1	-40.66% Feb 19, 2020 - Nov 23, 2020	-0.08% Oct 9, 2023 - Oct 13, 2023
#2	-22.16% Nov 25, 2024 - Sep 11, 2025	-0.08% Apr 11, 2024 - Apr 16, 2024
#3	-20.63% Nov 16, 2021 - Dec 14, 2023	-0.08% Apr 16, 2024 - Apr 23, 2024
#4	-8.43% Feb 26, 2026 - Apr 13, 2026	-0.08% Dec 18, 2023 - Dec 21, 2023
#5	-7.33% May 3, 2019 - Jul 24, 2019	-0.08% May 15, 2024 - May 28, 2024
#6	-7.32% Jul 31, 2024 - Aug 30, 2024	-0.06% Jun 23, 2023 - Jun 29, 2023
#7	-7.15% Mar 28, 2024 - May 15, 2024	-0.05% May 16, 2025 - May 20, 2025
#8	-6.03% Jul 26, 2019 - Oct 28, 2019	-0.05% Apr 10, 2025 - Apr 17, 2025
#9	-5.92% Sep 18, 2025 - Dec 10, 2025	-0.04% Dec 30, 2024 - Jan 6, 2025
#10	-5.53% Jun 11, 2021 - Aug 11, 2021	-0.04% Dec 7, 2023 - Dec 11, 2023
#11	-5.44% Mar 15, 2021 - Apr 14, 2021	-0.04% May 9, 2024 - May 13, 2024
#12	-5.35% Jun 30, 2026 - Jul 29, 2026	-0.04% Apr 8, 2024 - Apr 11, 2024
#13	-5.01% Sep 2, 2021 - Oct 20, 2021	-0.04% May 13, 2024 - May 15, 2024
#14	-4.72% Aug 30, 2024 - Sep 19, 2024	-0.04% Feb 8, 2024 - Feb 15, 2024
#15	-4.70% May 7, 2021 - Jun 8, 2021	-0.04% Mar 11, 2024 - Mar 14, 2024