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MSSS vs FMDE

Monarch Select Subsector ETF vs Fidelity Enhanced Mid Cap Core ETF

MSSS

Monarch Select Subsector ETF

Monarch Funds

Annual cost

1.43%

Fund size

$128M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

  • FMDE costs 1.20% less per year.
  • FMDE is significantly larger than MSSS — larger funds tend to be more liquid and less likely to close.
  • MSSS follows a index tracking strategy; FMDE uses index enhanced.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MSSSFMDE
Annual cost (TER)1.43%0.23%
Fund size (AUM)$128M$6.5B
Since20242007
Dividend yield0.36%1.15%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex enhanced
CAGR 1Y+23.3%+20.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y13.19%13.71%
Max drawdown-19.14%-21.10%

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

Similar to MSSS and FMDE