Which returned more over the last year, FESM or SLYG?

In the year to Oct 28, 2026, with distributions reinvested, FESM returned +23.0% and SLYG +15.6%.

Which is cheaper, FESM or SLYG?

SLYG is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FESM and SLYG overlap with the S&P 500?

By their latest filed holdings, 1% of FESM and 0% of SLYG by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FESM vs SLYG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FESM returned +23.0% to SLYG's +15.6%; 24% of their weight is in the same names.

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Net assets: $6.4bn on Sep 30, 2026 for Fidelity Enhanced Small Cap Core ETF, and $4.7bn on Oct 27, 2026 for State Street SPDR S & P 600 Small Cap Growth ETF.

FESM on its own →SLYG on its own →

At a glance

+23.0%

FESM total return, 1 year

+15.6%

SLYG total return, 1 year

0.28%

FESM expense ratio

0.15%

SLYG expense ratio

Pair scorecard

SLYG costs 0.13 points a year less; their one-year returns differ by 7.4 points; FESM is 1.4 times larger.

FESM vs SLYG: Differences, Returns & Fees
Measure	FESM	SLYG
Return
Measure	FESM	SLYG
Total return, 1 year	+23.0%	+15.6%
Drawdown
Measure	FESM	SLYG
Below its high	5.9%, high on Aug 14, 2026	8.2%, high on Aug 4, 2026
Benchmark
Measure	FESM	SLYG
What it tracks	No index, actively managed	S&P SmallCap 600 Growth Index
Cost and size
Measure	FESM	SLYG
Expense ratio	0.28%	0.15%
Net assets, as of Sep 30, 2026	$6.4bn	$4.7bn
Holdings
Measure	FESM	SLYG
Holdings in common	24%
Top ten holdings, share of the fund	8.0%	9.7%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

24%

By the books each fund has filed, FESM and SLYG hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

24% in common

Positions both hold · largest shared weight first FESM SLYG

STONEX GROUP INC 0.60% 0.74%

KODIAK GAS SERVICES INC 0.71% 0.59%

CLEAR SECURE INC 0.59% 0.53%

INSTALLED BUILDING PRODUCTS INC 0.53% 0.57%

SENSIENT TECHNOLOGIES CORP 0.53% 0.69%

LIFE TIME GROUP HOLDINGS INC 0.47% 0.74%

OPENLANE INC 0.46% 0.52%

OUTFRONT MEDIA INC 0.60% 0.46%

URBAN OUTFITTERS 0.45% 0.64%

ACI WORLDWIDE INC 0.51% 0.45%

ENOVA INTERNATIONAL INC 0.44% 0.52%

FEDERAL SIGNAL CORP 0.42% 0.86%

Only in one fund ↓

Only in FESM

GUARDANT HEALTH INC 1.09%

KULICKE and SOFFA INDUSTRIES INC 0.78%

ENERSYS 0.77%

HEALTHEQUITY INC 0.65%

PHILLIPS EDISON and CO INC 0.64%

AXSOME THERAPEUTICS INC 0.63%

GLACIER BANCORP INC 0.61%

COMMERCIAL METALS CO 0.60%

Only in SLYG

VIASAT INC 1.18%

RYMAN HOSPITALITY PROPERTIES 1.10%

ETSY INC 0.91%

ARMSTRONG WORLD INDUSTRIES 0.80%

LYFT INC A 0.78%

ENPRO INC 0.73%

CASELLA WASTE SYSTEMS INC A 0.72%

JBT MAREL CORP 0.69%

Check overlap with more funds →

Side by side

FESM Fidelity Enhanced Small Cap Core ETF SLYG State Street SPDR S & P 600 Small Cap Growth ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity State Street

What it is Actively managed Tracks an index

Total return, 1 year +23.0% +15.6%

Its benchmark over the same days not measured +15.4% (IJT)

Gap to its benchmark not measured +0.2 pts vs IJT

Expense ratio 0.28% 0.15%

Already in the S&P 500 1.1% 0.0%

Holdings 779 350

Net assets, FESM as of Sep 30, 2026 and SLYG as of Oct 27, 2026 $6.4bn $4.7bn

FESM and SLYG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

FESM

FESM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +23.0% with distributions reinvested. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 779 positions, with the top ten at 8.0%. It sat 5.9% below its high of Aug 14, 2026 on Oct 28, 2026.

SLYG

SLYG tracks an index. Over the year to Oct 28, 2026 it returned +15.6% with distributions reinvested, against +15.4% for its benchmark, the S&P SmallCap 600 Growth Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 350 positions, with the top ten at 9.7%. It sat 8.2% below its high of Aug 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FESM or SLYG?: In the year to Oct 28, 2026, with distributions reinvested, FESM returned +23.0% and SLYG +15.6%.
Which is cheaper, FESM or SLYG?: SLYG is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FESM and SLYG overlap with the S&P 500?: By their latest filed holdings, 1% of FESM and 0% of SLYG by weight is stocks the S&P 500 already holds.

Other comparisons

FESM vs VIOO FESM vs XSMO FESM vs PSC FESM vs FFSM IJT vs SLYG FNDA vs SLYG SLYG vs SMLF SDVY vs SLYG

Where to next

FESM on its own →SLYG on its own →Hold both: look the portfolio through →Rankings →FESM dividend history →FESM holdings →SLYG dividend history →SLYG holdings →Standards and sources →

Sources and dates

FESM filings on SEC EDGAR ↗

FESM prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

SLYG filings on SEC EDGAR ↗

SLYG prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FESM against SLYG, data as of Oct 28, 2026. https://etfiq.com/compare/any/fesm-vs-slyg

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.