Verified factor-similar cluster

ETFs Similar to FSMD

Each fund below shares verified factor exposure with FSMD and has no more than 3% annualized modeled factor tracking error over either the common 36-month window or the longer factor-history check. Tracking error measures volatility, not the direction of returns. The score runs from 80 at that limit to 100 for identical fitted exposures. See the matching method.

SMB UMD

Factor tags describe the source fund's verified public exposures. A matched ETF may have additional material factors.

Explore a shared-factor theme
QVMM
Invesco S&P MidCap 400 QVM Multi-factor ETF
SMB
Modeled factor tracking error 1.72%/yr · longer factor history 2.13%/yr · 36 months through 2026-08
Compare FSMD vs QVMM
86 Factor-similar
IJH
iShares Core S&P Mid-Cap ETF
SMB
Modeled factor tracking error 1.82%/yr · longer factor history 2.15%/yr · 36 months through 2026-08
Compare FSMD vs IJH
86 Factor-similar
SPMD
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SMB
Modeled factor tracking error 1.84%/yr · longer factor history 2.16%/yr · 36 months through 2026-08
Compare FSMD vs SPMD
86 Factor-similar
BFOR
ALPS Barron's 400 ETF
SMB
Modeled factor tracking error 2.20%/yr · longer factor history 2.14%/yr · 36 months through 2026-08
Compare FSMD vs BFOR
85 Factor-similar
IVOO
Vanguard S&P Mid-Cap 400 ETF
SMB
Modeled factor tracking error 1.85%/yr · longer factor history 2.23%/yr · 36 months through 2026-08
Compare FSMD vs IVOO
85 Factor-similar
FFSM
Fidelity Fundamental Small-Mid Cap ETF
SMB UMD
Modeled factor tracking error 2.12%/yr · longer factor history 2.25%/yr · 36 months through 2026-08
Compare FSMD vs FFSM
85 Factor-similar
XJH
iShares ESG Select Screened S&P Mid-Cap ETF
SMB
Modeled factor tracking error 2.14%/yr · longer factor history 2.92%/yr · 36 months through 2026-08
Compare FSMD vs XJH
81 Factor-similar
USVM
VictoryShares US Small Mid Cap Value Momentum ETF
SMB UMD
Modeled factor tracking error 2.77%/yr · longer factor history 2.98%/yr · 36 months through 2026-08
Compare FSMD vs USVM
80 Factor-similar
FSMD fund page US ETF Leaders US Universe Similarity methodology
Important context

VerifiedBeta publishes educational ETF research, not personalized investment advice, portfolio management, or security recommendations. Funds that screen well here can still be unsuitable for your objectives, taxes, liquidity needs, or constraints. Review fund documents, methodology assumptions, and your own circumstances before acting. See the full disclaimer.