FMDEvsAVMCETF Comparison
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Fidelity Enhanced Mid Cap ETF (FMDE) and Avantis U.S. Mid Cap Equity ETF (AVMC) belong to the same industry segment: US Mid Cap. FMDE's top 3 sector exposures are Technology, Finance and Industrials. In contrast, AVMC's top sector exposures are Finance, Industrials and Technology. FMDE is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.18% for AVMC. FMDE is up 14.3% year-to-date (YTD) with +$2.81B in YTD flows. AVMC performs worse with 11.85% YTD performance, and +$207M in YTD flows. Run a side-by-side ETF comparison of FMDE and AVMC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FMDE vs AVMC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/09/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMDE AVMC | -2.41%-3.07% | +4.95%+0.43% | +14.30%+11.85% | +16.11%+14.65% | n/an/a | n/an/a |
| Flows | FMDE AVMC | +$316M+$19M | +$934M+$88M | +$2.81B+$207M | +$3.92B+$252M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMDE AVMC | +11.84%+11.63% | +13.67%+13.58% | n/an/a | n/an/a |
| Max drawdown | FMDE AVMC | -3.82%-4.65% | -8.28%-7.92% | n/an/a | n/an/a |
| Max drawdown duration | FMDE AVMC | 24d24d | 49d49d | n/an/a | n/an/a |
Trading data
FMDE | AVMC | |
Last sale 9/9/2026 at 1:30 PM | $41.36 | $78.47 |
| Previous close 09/09/2026 | $41.71 | $79.35 |
| Consolidated volume 09/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/9/2026 at 1:30 PM
Live
Closed
FMDE | AVMC | |
|---|---|---|
| Last price | $41.36 | $78.47 |
| 1D performance | -0.84% | -1.11% |
| AuM | $8.26 B | $494.11 M |
| E/R | 0.23% | 0.18% |
Characteristics
FMDE | AVMC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fidelity | American Century Investments |
| Benchmark | - | - |
| N° of holdings | 372 | 597 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 20, 2023 | November 8, 2023 |
| ESG | No | No |
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Exposure
Countries
FMDE
USA
96.21%
Other
3.79%
AVMC
USA
95.06%
Other
4.94%
Sectors
FMDE
Technology
19.53%
Finance
19.26%
Industrials
16.67%
Healthcare
10.6%
Non-Energy Materi.
7.48%
Other
26.46%
AVMC
Finance
18.85%
Industrials
15.93%
Technology
13.26%
Healthcare
11.48%
Non-Energy Materi.
7.97%
Consumer Non-Cycl.
7.78%
Other
24.73%
Diversification
FMDE
Total weight of top 15 holdings out of 15
13.43%
AVMC
Total weight of top 15 holdings out of 15
9.07%
Top 15 holdings
Data as of July 31, 2026
FMDE
Marathon Petroleum Corp.
1.07%
The Allstate Corp.
1.07%
L3Harris Technologies, Inc.
0.95%
Ford Motor Co.
0.92%
Nucor Corp.
0.92%
AMETEK, Inc.
0.91%
Kinder Morgan, Inc.
0.89%
Ventas, Inc.
0.89%
State Street Corp.
0.89%
Keysight Technologies, Inc.
0.86%
Humana, Inc.
0.85%
Expedia Group, Inc.
0.83%
Comfort Systems USA, Inc.
0.80%
Cardinal Health, Inc.
0.79%
Corteva, Inc.
0.79%
AVMC
Western Digital Corp.
1.16%
Devon Energy Corp.
0.69%
Delta Air Lines, Inc.
0.63%
Nucor Corp.
0.60%
Comfort Systems USA, Inc.
0.57%
Cheniere Energy, Inc.
0.57%
State Street Corp.
0.57%
Vistra Corp.
0.55%
eBay, Inc.
0.55%
Ameriprise Financial, Inc.
0.55%
Fifth Third Bancorp
0.54%
Rockwell Automation, Inc.
0.54%
Teradyne, Inc.
0.53%
United Airlines Holdings, Inc.
0.52%
Prudential Financial, Inc.
0.52%
Frequently asked questions about FMDE and AVMC
How have the FMDE and AVMC ETFs performed in 2026?
As of September 9, 2026, FMDE is up 14.3% year-to-date (YTD), while AVMC has returned 11.85%. That puts FMDE better performer ahead so far this year.
Which ETF is attracting more investor money: FMDE or AVMC?
Year-to-date, the FMDE ETF saw +$2.81B in flows, compared to +$207M for AVMC.
Which ETF is more volatile: FMDE or AVMC?
Over the past year, FMDE had a volatility of 13.67%, while AVMC experienced 13.58%.
Which ETF is bigger: FMDE or AVMC?
As of September 9, 2026, FMDE holds $8.26 B in assets under management (AUM), while AVMC manages $494.11 M.
What sectors do the FMDE and AVMC ETFs invest in?
FMDE leans toward sectors like Technology, Finance and Industrials. Meanwhile, AVMC focuses on Finance, Industrials and Technology.
What are the top holdings of the FMDE ETF and AVMC ETF?
FMDE top holdings include Marathon Petroleum Corp., The Allstate Corp. and L3Harris Technologies, Inc.. AVMC holds in its top three: Western Digital Corp., Devon Energy Corp. and Delta Air Lines, Inc..
Which ETF is more diversified: FMDE or AVMC?
FMDE holds 374 securities with 13.43% of its assets in the top 15. AVMC has 605 securities and a top 15 weight of 9.07%.
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Latest news about FMDE & AVMC
Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs
February 16, 2024
FMDE
Fidelity Continues Trend of Mutual Fund Conversions to ETFs
November 27, 2023
FMDE
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