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FENI vs FMCX

Fidelity Enhanced International ETF vs FM Focus Equity ETF

FENI

Fidelity Enhanced International ETF

Annual cost

0.28%

Fund size

$9.8B

FMCX

FM Focus Equity ETF

Annual cost

0.71%

Fund size

$118M

Key differences

Both FENI and FMCX are equity ETFs. FENI charges 0.28% a year and FMCX 0.71%. The main difference: FENI covers global markets excluding the US; FMCX covers North America.

  • FENI covers global markets excluding the US; FMCX covers North America.
  • FENI costs 0.43% less per year.
  • FENI is much larger than FMCX. Larger funds are usually more liquid and less likely to close.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENIFMCX
Annual cost (TER)0.28%0.71%
Fund size (AUM)$9.8B$118M
Since20072022
Dividend yield2.85%0.33%
Asset classequityequity
Regionglobal ex usnorth america
Strategyactive selectionactive selection
CAGR 1Y+26.1%+14.1%
CAGR 3YN/A+15.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.86
Volatility 1Y16.16%13.13%
Max drawdown-14.20%-17.70%

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

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