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FMDE vs FEAC

Fidelity Enhanced Mid Cap Core ETF vs Fidelity Enhanced U.S. All-Cap Equity ETF

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

FEAC

Fidelity Enhanced U.S. All-Cap Equity ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$12M

Key differences

  • FEAC costs 0.05% less per year.
  • FMDE is significantly larger than FEAC — larger funds tend to be more liquid and less likely to close.
  • FMDE follows a index enhanced strategy; FEAC uses index tracking.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMDEFEAC
Annual cost (TER)0.23%0.18%
Fund size (AUM)$6.5B$12M
Since20072024
Dividend yield1.15%0.90%
Asset classequityequity
Regionnorth americanorth america
Strategyindex enhancedindex tracking
CAGR 1Y+20.4%+30.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y13.71%12.61%
Max drawdown-21.10%-18.96%

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

Similar to FMDE and FEAC