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FENY vs FMDE

Fidelity MSCI Energy Index ETF vs Fidelity Enhanced Mid Cap Core ETF

FENY

Fidelity MSCI Energy Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$2.0B

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

  • FENY costs 0.15% less per year.
  • FMDE is significantly larger than FENY — larger funds tend to be more liquid and less likely to close.
  • FENY follows a index tracking strategy; FMDE uses index enhanced.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENYFMDE
Annual cost (TER)0.08%0.23%
Fund size (AUM)$2.0B$6.5B
Since20132007
Dividend yield2.36%1.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+50.8%+20.4%
CAGR 3Y+19.4%N/A
CAGR 5Y+21.4%N/A
Sharpe 3Y0.77N/A
Volatility 1Y20.09%13.71%
Max drawdown-69.07%-21.10%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FENY and FMDE