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NATO vs FMDE

Themes Transatlantic Defense ETF vs Fidelity Enhanced Mid Cap Core ETF

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Fidelity Investments

Annual cost

0.23%

Fund size

$6.5B

Key differences

  • FMDE costs 0.12% less per year.
  • FMDE is significantly larger than NATO — larger funds tend to be more liquid and less likely to close.
  • NATO 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

NATOFMDE
Annual cost (TER)0.35%0.23%
Fund size (AUM)$99M$6.5B
Since20242007
Dividend yield0.45%1.15%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex enhanced
CAGR 1Y+23.3%+21.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y20.70%13.73%
Max drawdown-15.99%-21.10%

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

Similar to NATO and FMDE