FSMD vs REMX

Comparison between FIDELITY SMALL-MID MULTIFACTOR ETF (FSMD, ETF) and VANECK RARE EARTH AND STRATEGIC METALS ETF (REMX, ETF).

5-Year PerformanceFSMD has outperformed REMX, delivering a return of +10.2% compared to -6.0%

FSMD vs REMX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSMD(ETF)	REMX(ETF)
Net Assets	$2.60B	$2.70B
Expense Ratio	0.15%	0.53%
Max Drawdown	40.93%	92.95%
Sharpe Ratio	1.25	0.91
5Y Beta	0.95	1.22
P/E Ratio	21.56	N/A
Forward P/E	15.93	N/A
5Y Dividends CAGR	10.17%	13.97%
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

Winner

REMX

$2.70B

Expense Ratio

Winner

FSMD

0.15%

REMX

0.53%

Max Drawdown

Winner

FSMD

40.93%

REMX

92.95%

Sharpe Ratio

Winner

FSMD

1.25

REMX

0.91

5Y Beta

Winner

FSMD

0.95

REMX

1.22

P/E Ratio

FSMD

21.56

REMX

N/A

Forward P/E

FSMD

15.93

REMX

N/A

5Y Dividends CAGR

FSMD

10.17%

Winner

REMX

13.97%

5Y EPS CAGR

FSMD

15.68%

REMX

N/A

Debt to Equity

FSMD

28.15%

REMX

N/A

P/S Ratio

FSMD

1.66

REMX

N/A

P/B Ratio

FSMD

2.77

REMX

N/A

FSMD vs REMX - Holdings Comparison

FSMD and REMX have 1 common holdings. Overlap is -0.16%

FSMD's top 25 holdings weight is 15.80%. REMX's top 25 holdings weight is 94.74%.

Rank	FSMD	REMX
#1	SANDISK CORP ORDINARY SHARES (SNDK) - 3.00%	ALBEMARLE CORP (ALB) - 7.35%
#2	n/a (n/a) - 1.16%	PLS GROUP LTD (n/a) - 7.00%
#3	COMFORT SYSTEMS USA INC (FIX) - 0.88%	LYNAS RARE EARTHS LTD (n/a) - 6.79%
#4	LUMENTUM HOLDINGS INC (LITE) - 0.86%	CHINA NORTHERN RARE EARTH (GROUP) HIGH-TECH CO LTD CLASS A (n/a) - 6.38%
#5	CIENA CORP (CIEN) - 0.83%	MP MATERIALS CORP ORDINARY SHARES CLASS A (MP) - 6.02%
#6	FLEX LTD (FLEX) - 0.73%	XIAMEN TUNGSTEN CO LTD CLASS A (n/a) - 5.43%
#7	COHERENT CORP (COHR) - 0.73%	SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR (SQM) - 5.23%
#8	REVOLUTION MEDICINES INC ORDINARY SHARES (RVMD) - 0.57%	LIANYOU METALS CO LTD (n/a) - 5.13%
#9	CASEY'S GENERAL STORES INC (CASY) - 0.53%	JINDUICHENG MOLYBDENUM CO LTD CLASS A (n/a) - 4.99%
#10	TECHNIPFMC PLC (FTI) - 0.49%	ALMONTY INDUSTRIES INC (n/a) - 4.47%
#11	EMCOR GROUP INC (EME) - 0.49%	SHENGHE RESOURCES HOLDING CO LTD CLASS A (n/a) - 3.79%
#12	ANGLOGOLD ASHANTI PLC (AU) - 0.47%	LIONTOWN LTD (n/a) - 3.68%
#13	CARPENTER TECHNOLOGY CORP (CRS) - 0.46%	GANFENG LITHIUM GROUP CO LTD (n/a) - 3.50%
#14	TAPESTRY INC (TPR) - 0.46%	ILUKA RESOURCES LTD (n/a) - 3.44%
#15	ATI INC (ATI) - 0.42%	SANXIANG ADVANCED MATERIALS CO LTD CLASS A (n/a) - 2.64%
#16	NVENT ELECTRIC PLC (NVT) - 0.40%	HUBEI ZHENHUA CHEMICAL CO LTD CLASS A (n/a) - 2.61%
#17	CURTISS-WRIGHT CORP (CW) - 0.40%	AMG CRITICAL MATERIALS NV (n/a) - 2.47%
#18	MKS INC (MKSI) - 0.39%	NEW TAIWAN DOLLAR (n/a) - 2.39%
#19	UNITED THERAPEUTICS CORP (UTHR) - 0.38%	ELEVRA LITHIUM LTD ADR (ELVR) - 2.19%
#20	C.H. ROBINSON WORLDWIDE INC (CHRW) - 0.37%	LITHIUM AMERICAS CORP (LAC) - 1.95%
#21	STERLING INFRASTRUCTURE INC (STRL) - 0.37%	LITHIUM ARGENTINA AG (LAR) - 1.81%
#22	WOODWARD INC (WWD) - 0.37%	VULCAN ENERGY RESOURCES LTD ORDINARY SHARES (n/a) - 1.45%
#23	EVERPURE INC CLASS A (P) - 0.36%	UNITED STATES ANTIMONY CORP (UAMY) - 1.37%
#24	MASTEC INC (MTZ) - 0.35%	TRONOX HOLDINGS PLC SHS CLASS A (TROX) - 1.35%
#25	TD SYNNEX CORP (SNX) - 0.33%	SIGMA LITHIUM CORP (SGML) - 1.31%
Total Holdings	583	38

FSMD vs REMX - Historical Returns

Returns include dividend reinvestment.

Period	FSMD	REMX
1 month	+0.12%	-13.97%
3 months	+3.70%	-32.67%
6 months	+10.02%	-15.25%
1 year	+25.54%	+46.22%
5 years(CAGR)	+10.24%	-5.96%
10 years(CAGR)	N/A	+6.61%
Max(CAGR)	+11.97%	-4.39%

Winner

FSMD

+0.12%

REMX

-13.97%

Winner

FSMD

+3.70%

REMX

-32.67%

Winner

FSMD

+10.02%

REMX

-15.25%

FSMD

+25.54%

Winner

REMX

+46.22%

5Y(CAGR)

Winner

FSMD

+10.24%

REMX

-5.96%

10Y(CAGR)

FSMD

N/A

REMX

+6.61%

Max(CAGR)

Winner

FSMD

+11.97%

REMX

-4.39%

FSMD vs REMX - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FSMD	REMX
2026	+17.52%	-4.38%
2025	+8.92%	+90.95%
2024	+15.63%	-34.70%
2023	+17.73%	-17.59%
2022	-11.54%	-31.65%
2021	+27.63%	+72.76%
2020	+8.61%	+60.59%
2019	+8.81%	-0.28%
2018	N/A	-50.42%
2017	N/A	+80.08%
2016	N/A	+31.53%
2015	N/A	-44.36%
2014	N/A	-28.72%
2013	N/A	-33.75%
2012	N/A	-13.86%
2011	N/A	-38.19%
2010	N/A	+23.01%

FSMD vs REMX Drawdown Comparison

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

The maximum drawdown for REMX was -90.19%, occurring on Mar 16, 2020. This drawdown has not yet recovered.

The current FSMD drawdown is -1.80%. The current REMX drawdown is -66.31%.

Rank	FSMD	REMX
#1	-40.66% Feb 19, 2020 - Nov 23, 2020	-90.19% Apr 11, 2011 - Mar 16, 2020
#2	-22.16% Nov 25, 2024 - Sep 11, 2025	-15.28% Mar 3, 2011 - Mar 31, 2011
#3	-20.63% Nov 16, 2021 - Dec 14, 2023	-10.06% Jan 3, 2011 - Mar 3, 2011
#4	-8.43% Feb 26, 2026 - Apr 13, 2026	-9.15% Nov 11, 2010 - Dec 21, 2010
#5	-7.33% May 3, 2019 - Jul 24, 2019	-2.04% Dec 30, 2010 - Jan 3, 2011
#6	-7.32% Jul 31, 2024 - Aug 30, 2024	-1.89% Nov 4, 2010 - Nov 10, 2010
#7	-7.15% Mar 28, 2024 - May 15, 2024	-1.50% Oct 29, 2010 - Nov 4, 2010
#8	-6.03% Jul 26, 2019 - Oct 28, 2019	-0.95% Apr 5, 2011 - Apr 7, 2011
#9	-5.92% Sep 18, 2025 - Dec 10, 2025	-0.05% Dec 21, 2010 - Dec 23, 2010
#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 - Jul 29, 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

Correlation

Correlation between FSMD and REMX is 0.36 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.36

-101

Dividend Comparison (2011 - 2026)

FSMD vs REMX dividend yield comparison.

Year	FSMD	REMX
2026	0.65%	0.00%
2025	1.33%	1.76%
2024	1.29%	2.56%
2023	1.37%	0.00%
2022	1.54%	1.56%
2021	1.18%	5.25%
2020	1.32%	0.81%
2019	1.37%	1.64%
2018	0.00%	12.43%
2017	0.00%	2.89%
2016	0.00%	2.23%
2015	0.00%	4.77%
2014	0.00%	1.53%
2013	0.00%	0.23%
2012	0.00%	1.72%
2011	0.00%	6.39%