FSMD vs VB

Fidelity Small-Mid Multifactor ETF compared with Vanguard Morningstar Small-Cap ETF on yield, payout growth, payment schedule, cost and risk.

FSMD

Fidelity Small-Mid Multifactor ETF

1.24%

TTM yield · Quarterly

VS

VB

Vanguard Morningstar Small-Cap ETF

1.21%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricFSMDVB
Share price$51.48$297.76
TTM yield1.24%1.21%
Forward yield1.31%1.20%
Annual payout per share$0.672$3.568
Payment frequencyQuarterlyQuarterly
Next ex-dateSep 17, 2026 (est.)Sep 25, 2026 (est.)
Expense ratio0.15%0.03%
1-year payout growth+13.4%+8.7%
5-year payout CAGR+8.8%+7.1%
Consecutive years of increases0 years1 year
Payout consistency (last 12)87/10087/100
1-year total return+18.9%+19.4%
1-year price return+17.5%+17.9%
Size (market cap / AUM)2.5B184.4B
Years paying7.521.7
Sector / categorySmall BlendSmall Blend

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

FSMDVB
Shares194.333.6
Income per year$131$120
Income per month (avg)$11$10

At forward yields, before taxes. Model FSMD · Model VB

Next payments

Ex-datePay datePer shareStatus
FSMD Sep 17, 2026Oct 1, 2026$0.168Est.
FSMD Dec 17, 2026Dec 31, 2026$0.168Est.
FSMD Mar 18, 2027Apr 1, 2027$0.168Est.
VB Sep 25, 2026Oct 9, 2026$0.892Est.
VB Dec 25, 2026Jan 8, 2027$0.892Est.
VB Mar 26, 2027Apr 9, 2027$0.892Est.

Annual payouts per share

FSMDVB

Annual dividend per share, FSMD vs VB, 2019 to 2026VBFSMD$0.00$2.00$4.00FSMD 2019: $0.366VB 2019: $2.3062019FSMD 2020: $0.378VB 2020: $2.2252020FSMD 2021: $0.422VB 2021: $2.7952021FSMD 2022: $0.362VB 2022: $2.9112022FSMD 2023: $0.495VB 2023: $3.3172023FSMD 2024: $0.531VB 2024: $3.1332024FSMD 2025: $0.589VB 2025: $3.4392025FSMD 2026 (YTD): $0.338VB 2026 (YTD): $1.8732026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, FSMD or VB?

FSMD currently has the higher trailing yield: FSMD yields 1.24% and VB yields 1.21%. Yield changes daily with price, so check the live figures above.

How often do FSMD and VB pay?

FSMD pays every quarter and VB pays every quarter. FSMD's next ex-date is Sep 17, 2026 and VB's is Sep 25, 2026.

Which has grown its dividend faster, FSMD or VB?

FSMD has grown its payout faster: 8.8%/yr vs 7.1%/yr over the last 5 years.

Is FSMD or VB better for income?

It depends on what you are optimising for. FSMD and VB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

FSMD dividend history →
VB dividend history →

Every Monday: what goes ex-dividend this week. Free, unsubscribe anytime.