FESM vs GARP: holdings overlap, shared companies and scores
As of October 28, 2026, FESM and GARP overlap 0.2% by weight. Fidelity Enhanced Small Cap ETF (FESM): U.S. small-cap stocks iShares MSCI USA Quality GARP ETF (GARP): U.S. quality growth stocks.
Updated October 28, 2026
Where FESM and GARP trade against their own history
FESM trades at 18.0 times earnings, against its own median of 18.0, and is cheaper than 53% of its own last 3 years.
GARP trades at 27.5 times earnings, against its own median of 31.7, and is cheaper than 100% of its own last 2 years.
What moved FESM and GARP this week
FESM rose 1.2% in the week to October 28, 2026. The holdings that moved it most were Twist Bioscience (+16.3%), Axogen (+35.0%) and Tenable (+19.8%); Ceco Environmental (−16.9%) pushed the other way.
GARP fell 0.9% in the week to October 28, 2026. The holdings that moved it most were Meta Platforms (−12.2%), MercadoLibre (−9.8%) and Nvidia (−3.0%); Micron Technology (+7.6%) pushed the other way.
What do FESM and GARP each hold?
What's inside FESM: Tech 19%, Semiconductors 3%.
9% of FESM is its ten largest holdings.
What's inside GARP: Tech 62%, Magnificent 7 28%.
44% of GARP is its ten largest holdings.
How much do FESM and GARP overlap? 0.2% by weight
As of October 28, 2026, FESM and GARP overlap 0.2% by weight.
0% of FESM is already inside GARP.
0% of GARP is already inside FESM.
FESM holds 727 companies and GARP holds 133; 2 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FESM and GARP? 5.1 and 8.2 out of 10
As of October 28, 2026, ETF Copilot scores FESM 5.1 out of 10 and GARP 8.2 out of 10.
They differ most on Quality: FESM 0.6 and GARP 9.7.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FESM | GARP |
|---|---|---|
| Growth | 5.3 | 9.3 |
| Value | 6.4 | 9.6 |
| Risk | 3.5 | 2.7 |
| Quality | 0.6 | 9.7 |
| Return | 8.2 | 8.9 |
GARP is the cheaper of the two at 0.15% a year
As of October 28, 2026, FESM charges 0.28% a year, yields 0.83% and holds $6.7B in assets across 727 positions.
As of October 28, 2026, GARP charges 0.15% a year, yields 0.26% and holds $3.6B in assets across 133 positions.
| Measure | FESM | GARP |
|---|---|---|
| Expense ratio | 0.28% | 0.15% |
| Dividend yield | 0.83% | 0.26% |
| Assets under management | $6.7B | $3.6B |
| Holdings | 727 | 133 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FESM vs GARP holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/fesm-vs-garp
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