Which returned more over the last year, FV or SMMD?

In the year to Nov 4, 2026, with distributions reinvested, FV returned +20.0% and SMMD +22.4%.

Which is cheaper, FV or SMMD?

SMMD is cheaper, by 0.74 percentage points a year. That is about $74 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FV and SMMD overlap with the S&P 500?

By their latest filed holdings, 0% of FV and 10% of SMMD by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

FV vs SMMD: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FV returned +20.0% to SMMD's +22.4%; 0% of their weight is in the same names.

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Net assets on Nov 3, 2026: $3.8bn for First Trust Dorsey Wright Focus 5 ETF and $4.2bn for iShares Russell 2500 ETF.

FV on its own →SMMD on its own →

At a glance

+20.0%

FV total return, 1 year

+22.4%

SMMD total return, 1 year

0.89%

FV expense ratio

0.15%

SMMD expense ratio

Pair scorecard

SMMD costs 0.74 points a year less; their one-year returns differ by 2.4 points; SMMD is 1.1 times larger.

FV vs SMMD: Differences, Returns & Fees
Measure	FV	SMMD
Return
Measure	FV	SMMD
Total return, 1 year	+20.0%	+22.4%
Drawdown
Measure	FV	SMMD
Below its high	4.1%, high on Oct 28, 2026	5.3%, high on Aug 14, 2026
Benchmark
Measure	FV	SMMD
What it tracks	Dorsey Wright Focus Five Index	Russell 2500 Index
Cost and size
Measure	FV	SMMD
Expense ratio	0.89%	0.15%
Net assets, as of Nov 3, 2026	$3.8bn	$4.2bn
Holdings
Measure	FV	SMMD
Holdings in common	0%
Top ten holdings, share of the fund	99.9%	43.4%

Method

What they share

By the books each fund has filed, FV and SMMD hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FV SMMD

Only in one fund ↓

Only in FV

First Trust Nasdaq Pharmaceuticals ETF 22.02%

First Trust NYSE® Arca® Biotechnology Index Fund 21.16%

First Trust Nasdaq Oil & Gas ETF 20.98%

First Trust Technology AlphaDEX® Fund 18.53%

First Trust NASDAQ-100-Technology Sector Index Fund 17.19%

Only in SMMD

ISHARES RUSSELL 2000 ETF 40.62%

ATI 0.34%

GUARDANT HEALTH 0.31%

PACKAGING CORP OF AMERICA 0.31%

RELIANCE STEEL & ALUMINUM 0.31%

US FOODS HOLDING 0.31%

VIATRIS 0.31%

NISOURCE 0.30%

Check overlap with more funds →

Side by side

FV First Trust Dorsey Wright Focus 5 ETF SMMD iShares Russell 2500 ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Tracks an index Tracks an index

Total return, 1 year +20.0% +22.4%

Its benchmark over the same days +14.8% (VOO) +14.8% (IWV)

Gap to its benchmark +5.2 pts vs VOO +7.6 pts vs IWV

Expense ratio 0.89% 0.15%

Already in the S&P 500 0.0% 10.3%

Holdings 5 516

Net assets, as of Nov 3, 2026 $3.8bn $4.2bn

FV and SMMD on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund

FV tracks an index. Over the year to Nov 4, 2026 it returned +20.0% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.89% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 5 positions, with the top ten at 99.9%. It sat 4.1% below its high of Oct 28, 2026 on Nov 4, 2026.

SMMD

Over the year to Nov 4, 2026 it returned +22.4% with distributions reinvested, against +14.8% for its benchmark, the Russell 3000 Index.

SMMD tracks an index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Nov 3, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 516 positions, with the top ten at 43.4%. It sat 5.3% below its high of Aug 14, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FV or SMMD?: In the year to Nov 4, 2026, with distributions reinvested, FV returned +20.0% and SMMD +22.4%.
Which is cheaper, FV or SMMD?: SMMD is cheaper, by 0.74 percentage points a year. That is about $74 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FV and SMMD overlap with the S&P 500?: By their latest filed holdings, 0% of FV and 10% of SMMD by weight is stocks the S&P 500 already holds.

Other comparisons

FV vs IMCG FV vs IVOO CGMM vs FV FV vs TMSL SMMD vs SPMD SMMD vs VXF SMMD vs VO IVOO vs SMMD

Where to next

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

Sources and dates

FV filings on SEC EDGAR ↗

FV prospectus with the expense ratio (SEC) ↗

First Trust page for FV ↗

SMMD filings on SEC EDGAR ↗

SMMD prospectus with the expense ratio (SEC) ↗

iShares page for SMMD ↗

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, FV against SMMD, data as of Nov 4, 2026. https://etfiq.com/compare/any/fv-vs-smmd

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