ETF PROAI

FESMvsTNA

FIDELITY ENHANCED SMALL CAP ETF against DIREXION DAILY SMALL CAP BULL 3X SHARES — the fee, the flows, the book, and a year head-to-head.

One year, growth of $100
FESM 123TNA 128Oct 25Sep 26GROWTH OF $100
Head to head
FESMTNA
Expense ratio0.28%—
Assets$916M$1.3B
Net flow, 1 month—+$251M
Net flow, 1 year—−$1.5B
Return, YTD+19.6%+31.4%
Return, 1 year+23.0%+29.1%
Avg daily volume883K4.2M
Holdings5672
ListedJan 3, 2024Nov 1, 2023
Options marketYesYes

MARKED CELLS LEAD ON THAT LINE · LOWER FEE, LARGER ASSETS, STRONGER FLOWS & RETURNS

THE DESK BRIEF

Flows, fee cuts, and closure risk on the funds you watch — every trading morning.