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FMDE vs FPRO

Fidelity Enhanced Mid Cap Core ETF vs Fidelity Real Estate Investment ETF

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

FPRO

Fidelity Real Estate Investment ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$15M

Key differences

  • FMDE costs 0.34% less per year.
  • FMDE is significantly larger than FPRO — larger funds tend to be more liquid and less likely to close.
  • FMDE follows a index enhanced strategy; FPRO uses active selection.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMDEFPRO
Annual cost (TER)0.23%0.57%
Fund size (AUM)$6.5B$15M
Since20072021
Dividend yield1.15%2.52%
Asset classequityequity
Regionnorth america
Strategyindex enhancedactive selection
CAGR 1Y+20.4%+15.0%
CAGR 3YN/A+10.4%
CAGR 5YN/A+4.8%
Sharpe 3YN/A0.47
Volatility 1Y13.71%13.08%
Max drawdown-21.10%-32.80%

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

Similar to FMDE and FPRO