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IWR vs FMDE

iShares Russell Mid-Cap ETF vs Fidelity Enhanced Mid Cap Core ETF

IWR

iShares Russell Mid-Cap ETF

iShares

Annual cost

0.18%

Fund size

$52.6B

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

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

Side-by-side comparison

IWRFMDE
Annual cost (TER)0.18%0.23%
Fund size (AUM)$52.6B$6.5B
Since20012007
Dividend yield1.19%1.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+21.8%+20.4%
CAGR 3Y+17.2%N/A
CAGR 5Y+8.1%N/A
Sharpe 3Y0.86N/A
Volatility 1Y13.50%13.71%
Max drawdown-40.59%-21.10%

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

Similar to IWR and FMDE