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AIEQ vs FMDE

Amplify AI Powered Equity ETF vs Fidelity Enhanced Mid Cap Core ETF

AIEQ

Amplify AI Powered Equity ETF

Annual cost

0.75%

Fund size

$124M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Annual cost

0.23%

Fund size

$7.0B

Key differences

Both AIEQ and FMDE are equity ETFs. AIEQ charges 0.75% a year and FMDE 0.23%. The main difference: AIEQ follows a index tracking strategy; FMDE uses index enhanced.

  • AIEQ follows a index tracking strategy; FMDE uses index enhanced.
  • FMDE costs 0.52% less per year.
  • FMDE is much larger than AIEQ. Larger funds are usually more liquid and less likely to close.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AIEQFMDE
Annual cost (TER)0.75%0.23%
Fund size (AUM)$124M$7.0B
Since20172007
Dividend yield0.39%1.11%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+20.0%+20.8%
CAGR 3Y+17.5%N/A
CAGR 5Y+5.6%N/A
Sharpe 3Y0.76N/A
Volatility 1Y12.66%14.02%
Max drawdown-38.97%-21.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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