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MIGO vs FMDE

Mig Core Etf vs Fidelity Enhanced Mid Cap Core ETF

MIGO

MIG Core ETF

Annual cost

0.45%

Fund size

$758M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Annual cost

0.23%

Fund size

$7.0B

Key differences

Both MIGO and FMDE are equity ETFs. MIGO charges 0.45% a year and FMDE 0.23%. The main difference: MIGO follows a active selection strategy; FMDE uses index enhanced.

  • MIGO follows a active selection strategy; FMDE uses index enhanced.
  • FMDE costs 0.22% less per year.
  • FMDE is much larger than MIGO. Larger funds are usually more liquid and less likely to close.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MIGOFMDE
Annual cost (TER)0.45%0.23%
Fund size (AUM)$758M$7.0B
Since20262007
Dividend yield1.11%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex enhanced
CAGR 1YN/A+16.6%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y13.82%
Max drawdown-13.38%-21.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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