FSML vs MVW - Compare ETFs side by side

At a glance

Comparing FSML and MVW. MVW has the lower management fee at 0.35% a year, FSML has the higher 5 years return at 7.6% a year, and FSML offers the higher at 6.1%.

Lower fee

MVW 0.35% p.a.

Higher 5 years return

FSML 7.6% p.a.

Higher yield

FSML 6.1%

Higher risk-adjusted

MVW Sharpe 0.38 (5y)

Lower volatility

MVW 12.2% (5y)

Larger fund

MVW $3.3bn

Side-by-side comparison

Metric	FSML Firetrail Australian Small Companies Fund - Active ETF	MVW VanEck Australian Equal Weight ETF
Snapshot
Provider	—	VanEck
Tracks index	S&P/ASX Small Ordinaries Index	MVIS Australia Equal Weight Index
Categories	AU, Small-Cap	AU, Factor
Listed since	2020 (6 yrs)	2014 (12 yrs)
Fund size (AUM)	$765m	$3.3bn
Cost & income
Management fee	0.85%	0.35%
Dividend yield	6.1%	3.4%
Franking	60%	75%
Turnover	90%	20%
Tax drag	3.05%	0.82%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	10.8% net	1.6% net
3-year return	19.1% net	7.5% net
5-year return	7.6% net	7.4% net
10-year return	—	8.3% net
Risk
Volatility (3y)	15.4%	10%
Volatility (5y)	16.9%	12.2%
Volatility (10y)	—	14.1%
Sharpe ratio (3y)	0.95	0.36
Sharpe ratio (5y)	0.33	0.38
Sharpe ratio (10y)	—	0.48
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

FSML Firetrail Australian Small Companies Fund - Active ETF

Top-13% returns over 3 years (29th of 226 ETFs we track).
High 6.1% income yield — good for investors who want regular cash flow.

A 0.85% management fee is high and compounds against you over time.

Full FSML analysis →

MVW VanEck Australian Equal Weight ETF

Low-cost: a 0.35% management fee keeps more of the return in your pocket.

Pricier than similar ETFs, which average around 0.34%.

Full MVW analysis →

Frequently Asked Questions

What's the difference between FSML vs MVW?

FSML and MVW are 2 Australian-listed ETFs we compare side by side. MVW carries the lower management fee (0.35%). Over 5 years, FSML has delivered the higher total return (7.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - FSML vs MVW?

MVW has the lower management fee at 0.35% a year, versus FSML 0.85%.

Which has performed higher - FSML vs MVW?

Over the past 5 years, FSML has delivered the higher total return at 7.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

FSML pays the higher at 6.1%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

MVW is the larger fund by assets ($3.3bn). Larger funds are typically more liquid and trade on tighter spreads.

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.