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FFUT vs FMDE

Fidelity Managed Futures ETF vs Fidelity Enhanced Mid Cap Core ETF

FFUT

Fidelity Managed Futures ETF

Annual cost

0.80%

Fund size

$255M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Annual cost

0.23%

Fund size

$7.0B

Key differences

FFUT is an alternative ETF, while FMDE is an equity ETF. FFUT charges 0.80% a year and FMDE 0.23%.

  • FFUT is an alternative fund, while FMDE is an equity fund. They carry different risk/return profiles.
  • FFUT follows a managed futures strategy; FMDE uses index enhanced.
  • FMDE costs 0.57% less per year.
  • FMDE is much larger than FFUT. 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

FFUTFMDE
Annual cost (TER)0.80%0.23%
Fund size (AUM)$255M$7.0B
Since20252007
Dividend yield1.11%
Asset classalternativeequity
Regionnorth america
Strategymanaged futuresindex enhanced
CAGR 1Y+20.2%+20.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y11.11%14.02%
Max drawdown-2.84%-21.10%

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

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