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FMDE vs BKMC

Fidelity Enhanced Mid Cap Core ETF vs BNY Mellon US Mid Cap Core Equity ETF

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

BKMC

BNY Mellon US Mid Cap Core Equity ETF

BNY Mellon

Annual cost

0.04%

Fund size

$621M

Key differences

  • BKMC costs 0.19% less per year.
  • FMDE is significantly larger than BKMC — larger funds tend to be more liquid and less likely to close.
  • FMDE follows a index enhanced strategy; BKMC uses index tracking.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMDEBKMC
Annual cost (TER)0.23%0.04%
Fund size (AUM)$6.5B$621M
Since20072020
Dividend yield1.15%1.42%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+21.9%+24.9%
CAGR 3YN/A+16.4%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.76
Volatility 1Y13.73%15.26%
Max drawdown-21.10%-25.02%

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

Similar to FMDE and BKMC