FSML vs VTI
Franklin Small Cap Enhanced ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FSML or VTI?
Small Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. FSML is less concentrated, with 14.4% of the fund in its ten largest positions against 33.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FSML | VTI |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $148M | $666.9B |
| Dividend Yield | 0.39% | 1.03% |
| Holdings | 306 | 3,543 |
| YTD Return | +18.27%Best | +12.30% |
| 1Y Return | - | +16.08% |
| 3Y Return (annualized) | - | +21.01% |
| 5Y Return (annualized) | - | +12.36% |
| Top 10 Weight | 14.4%Best | 33.3% |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Dec 9, 2025 | May 24, 2001 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FSML vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FSML vs VTI Performance
Franklin Small Cap Enhanced ETF (FSML) is an ETF from Franklin Templeton Investments (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Year to date, FSML is up 18.27% versus a gain of 12.30% for VTI.
Past performance does not guarantee future results.
Fees and Cost Over Time
FSML charges 0.45% per year while VTI charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, FSML currently yields 0.39% against 1.03% for VTI.
Holdings Overlap
91.3% of FSML's money is in holdings VTI also owns. 0.8% of VTI's money is in holdings FSML also owns.
Most of FSML is already inside VTI. Owning both mostly buys the same companies twice.
276 positions in common, counted across the 297 positions we hold weights for in FSML and 3,463 in VTI, against full books of 306 and 3,543.
What only one of them owns
Our book lists 1,073 positions for VTI that do not appear in our book for FSML (96.7% of the fund), and 13 for FSML that do not appear in VTI (5.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FSML | Weight in VTI | Difference |
|---|---|---|---|
| TXG10x Genomics Inc Com Usd 1 Cl A | 1.84% | 0.01% | 1.83% |
| JXNJackson Financial Inc USD | 1.56% | 0.01% | 1.55% |
| OIIOceaneering Intl Inc. | 1.51% | 0.01% | 1.50% |
| CNRCore Natural Resources Inccommon Stock | 1.46% | 0.01% | 1.45% |
| BOXBox Inc - Class A | 1.40% | 0.01% | 1.39% |
| KFYKorn Ferry | 1.37% | 0.01% | 1.36% |
| AAMIAcadian Asset Management Inc | 1.38% | 0.00% | 1.38% |
| WGSGenedx Holdings Corp | 1.31% | 0.00% | 1.31% |
| TPCTutor Perini Corp | 1.28% | 0.01% | 1.27% |
| TGTXTg Therapeutics Inc Common Stock | 1.27% | 0.01% | 1.26% |
91.3% of FSML is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FSML or VTI?
FSML has an expense ratio of 0.45% while VTI charges 0.03%. VTI is the cheaper option, by $42 a year on a $10,000 investment.
What is the holdings overlap between FSML and VTI?
91.3% of FSML's money is in holdings VTI also owns. 0.8% of VTI's is in holdings FSML also owns. They hold 276 positions in common, counted across the 297 positions we hold weights for in FSML and 3,463 in VTI.
Which pays a higher dividend, FSML or VTI?
FSML yields 0.39% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than FSML?
VTI has a lower expense ratio. FSML is less concentrated, with 14.4% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.