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FFDI vs FMDE

Fidelity Fundamental Developed vs Fidelity Enhanced Mid Cap Core ETF

FFDI

Fidelity Fundamental Developed

Fidelity Investments

Annual cost

0.55%

Fund size

$22M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

  • FMDE costs 0.32% less per year.
  • FMDE is significantly larger than FFDI — larger funds tend to be more liquid and less likely to close.
  • FFDI 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

FFDIFMDE
Annual cost (TER)0.55%0.23%
Fund size (AUM)$22M$6.5B
Since20242007
Dividend yield2.11%1.15%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex enhanced
CAGR 1Y+12.7%+20.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y16.99%13.71%
Max drawdown-14.39%-21.10%

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

Similar to FFDI and FMDE