FSMD vs IBDW

Comparison between FIDELITY SMALL-MID MULTIFACTOR ETF (FSMD, ETF) and ISHARES IBONDS DEC 2031 TERM CORPORATE ETF (IBDW, ETF).

5-Year PerformanceFSMD has outperformed IBDW, delivering a return of +10.7% compared to +0.1%

FSMD vs IBDW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSMD(ETF)	IBDW(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.15%	0.10%
Max Drawdown	40.93%	26.72%
Sharpe Ratio	1.18	-0.38
5Y Beta	0.94	0.07
P/E Ratio	21.43	N/A
Forward P/E	15.90	N/A
5Y Dividends CAGR	10.17%	81.64%
5Y EPS CAGR	15.98%	N/A
Debt to Equity	0.61%	N/A
P/S Ratio	1.66	N/A
P/B Ratio	2.76	N/A

Net Assets

FSMD

$2.50B

IBDW

$2.50B

Expense Ratio

FSMD

0.15%

Winner

IBDW

0.10%

Max Drawdown

FSMD

40.93%

Winner

IBDW

26.72%

Sharpe Ratio

Winner

FSMD

1.18

IBDW

-0.38

5Y Beta

FSMD

0.94

Winner

IBDW

0.07

P/E Ratio

FSMD

21.43

IBDW

N/A

Forward P/E

FSMD

15.90

IBDW

N/A

5Y Dividends CAGR

FSMD

10.17%

Winner

IBDW

81.64%

5Y EPS CAGR

FSMD

15.98%

IBDW

N/A

Debt to Equity

FSMD

0.61%

IBDW

N/A

P/S Ratio

FSMD

1.66

IBDW

N/A

P/B Ratio

FSMD

2.76

IBDW

N/A

FSMD vs IBDW - Historical Returns

Returns include dividend reinvestment.

Period	FSMD	IBDW
1 month	+1.36%	+0.11%
3 months	+5.62%	+0.34%
6 months	+10.23%	-0.93%
1 year	+23.46%	+2.78%
5 years(CAGR)	+10.67%	+0.10%
Max(CAGR)	+11.94%	+0.43%

Winner

FSMD

+1.36%

IBDW

+0.11%

Winner

FSMD

+5.62%

IBDW

+0.34%

Winner

FSMD

+10.23%

IBDW

-0.93%

Winner

FSMD

+23.46%

IBDW

+2.78%

5Y(CAGR)

Winner

FSMD

+10.67%

IBDW

+0.10%

Max(CAGR)

Winner

FSMD

+11.94%

IBDW

+0.43%

FSMD vs IBDW - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	FSMD	IBDW
2026	+17.81%	+0.13%
2025	+8.92%	+8.86%
2024	+15.63%	+3.60%
2023	+17.73%	+8.47%
2022	-11.54%	-16.41%
2021	+27.63%	+0.36%
2020	+8.61%	N/A
2019	+8.81%	N/A

FSMD vs IBDW Drawdown Comparison

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

The maximum drawdown for IBDW was -23.88%, occurring on Oct 20, 2022. Recovery took 1132 trading sessions.

The current FSMD drawdown is -2.49%. The current IBDW drawdown is -1.17%.

Rank	FSMD	IBDW
#1	-40.66% Feb 19, 2020 - Nov 23, 2020	-23.88% Aug 3, 2021 - Feb 5, 2026
#2	-22.16% Nov 25, 2024 - Sep 11, 2025	-2.42% Feb 23, 2026 - Mar 26, 2026
#3	-20.63% Nov 16, 2021 - Dec 14, 2023	-0.79% Jul 8, 2021 - Jul 19, 2021
#4	-8.43% Feb 26, 2026 - Apr 13, 2026	-0.59% Jul 19, 2021 - Jul 28, 2021
#5	-7.33% May 3, 2019 - Jul 24, 2019	-0.19% Jul 28, 2021 - Aug 2, 2021
#6	-7.32% Jul 31, 2024 - Aug 30, 2024	-0.19% Jun 30, 2021 - Jul 2, 2021
#7	-7.15% Mar 28, 2024 - May 15, 2024	-0.17% Jun 24, 2021 - Jun 28, 2021
#8	-6.03% Jul 26, 2019 - Oct 28, 2019	-0.12% Feb 10, 2026 - Feb 12, 2026
#9	-5.92% Sep 18, 2025 - Dec 10, 2025	-0.07% Feb 17, 2026 - Feb 23, 2026
#10	-5.53% Jun 11, 2021 - Aug 11, 2021	N/A
#11	-5.44% Mar 15, 2021 - Apr 14, 2021	N/A
#12	-5.35% Jun 30, 2026 - Aug 14, 2026	N/A
#13	-5.01% Sep 2, 2021 - Oct 20, 2021	N/A
#14	-4.72% Aug 30, 2024 - Sep 19, 2024	N/A
#15	-4.70% May 7, 2021 - Jun 8, 2021	N/A