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FMDE vs FFDI

Fidelity Enhanced Mid Cap Core ETF vs Fidelity Fundamental Developed

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

FFDI

Fidelity Fundamental Developed

Fidelity Investments

Annual cost

0.55%

Fund size

$22M

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.
  • FMDE follows a index enhanced strategy; FFDI uses index tracking.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMDEFFDI
Annual cost (TER)0.23%0.55%
Fund size (AUM)$6.5B$22M
Since20072024
Dividend yield1.15%2.11%
Asset classequityequity
Regionnorth america
Strategyindex enhancedindex tracking
CAGR 1Y+20.4%+12.7%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y13.71%16.99%
Max drawdown-21.10%-14.39%

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

Similar to FMDE and FFDI