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FPX vs FMDE

First Trust US Equity Opportunities ETF vs Fidelity Enhanced Mid Cap Core ETF

FPX

First Trust US Equity Opportunities ETF

First Trust

Annual cost

0.57%

Fund size

$1.3B

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

  • FMDE costs 0.34% less per year.
  • FMDE is significantly larger than FPX — larger funds tend to be more liquid and less likely to close.
  • FPX follows a index tracking strategy; FMDE uses index enhanced.

Side-by-side comparison

FPXFMDE
Annual cost (TER)0.57%0.23%
Fund size (AUM)$1.3B$6.5B
Since20062007
Dividend yield0.52%1.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+43.6%+20.4%
CAGR 3Y+32.8%N/A
CAGR 5Y+11.1%N/A
Sharpe 3Y1.08N/A
Volatility 1Y23.17%13.71%
Max drawdown-43.14%-21.10%

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

Similar to FPX and FMDE