Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
FMDEvsEUSAETF Comparison
Fidelity Enhanced Mid Cap ETF (FMDE) belongs to the US Mid Cap segment. iShares MSCI USA Equal Weighted ETF (EUSA) is part of the US Large Cap segment. FMDE's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, EUSA's top sector exposures are Information Technology, Industrials and Financials. FMDE is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.09% for EUSA. FMDE is down -1.27% year-to-date (YTD) with +$1.08B in YTD flows. EUSA performs better with -0.58% YTD performance, and +$74M in YTD flows. Run a side-by-side ETF comparison of FMDE and EUSA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FMDE vs EUSA performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMDE EUSA | -2.94%-3.29% | -1.88%-1.31% | -1.27%-0.58% | +16.97%+12.86% | n/a+49.37% | n/a+41.67% |
| Flows | FMDE EUSA | +$553M+$27M | +$1.19B+$111M | +$1.08B+$74M | +$2.87B+$173M | -+$774M | -+$910M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMDE EUSA | +14.08%+12.23% | +19.25%+17.31% | n/a+14.58% | n/a+17.03% |
| Max drawdown | FMDE EUSA | -6.18%-5.13% | -14.49%-13.11% | n/a-18.22% | n/a-25.29% |
| Max drawdown duration | FMDE EUSA | 14d14d | 46d46d | n/a226d | n/a834d |
FMDE | EUSA | |
Last sale 3/13/2026 at 4:57 PM | $35.84 | $102.88 |
| Previous close 03/12/2026 | $35.88 | $102.71 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FMDE | EUSA | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMDE | EUSA | |
|---|---|---|
| Last price | $35.84 | $102.88 |
| 1D performance | -0.11% | +0.17% |
| AuM | $5.60 B | $1.51 B |
| E/R | 0.23% | 0.09% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FMDE and EUSA ETFs performed in 2026?
As of March 12, 2026, FMDE is down -1.27% year-to-date (YTD), while EUSA has lost -0.58%. That puts EUSA better performer ahead so far this year.
Which ETF is attracting more investor money: FMDE or EUSA?
Year-to-date, the FMDE ETF saw +$1.08B in flows, compared to +$74M for EUSA.
Which ETF is more volatile: FMDE or EUSA?
Over the past year, FMDE had a volatility of 19.25%, while EUSA experienced 17.31%.
Which ETF is bigger: FMDE or EUSA?
As of March 12, 2026, FMDE holds $5.60 B in assets under management (AUM), while EUSA manages $1.51 B.
What sectors do the FMDE and EUSA ETFs invest in?
FMDE leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, EUSA focuses on Information Technology, Industrials and Financials.
What are the top holdings of the FMDE ETF and EUSA ETF?
FMDE top holdings include WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC. EUSA holds in its top three: MICRON TECHNOLOGY, US7731211089 and WESTERN DIGITAL.
Which ETF is more diversified: FMDE or EUSA?
FMDE holds 309 securities with 14.71% of its assets in the top 15. EUSA has 544 securities and a top 15 weight of 4.09%.
Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs
Fidelity Continues Trend of Mutual Fund Conversions to ETFs
Calamos Investments Powers the Next Phase of the Autocallable Revolution
Join J.P. Morgan’s Bram Kaplan, Head of Americas Equity Derivatives Strategy and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominant strategy within structured products, now available through ETFs.
Accepted for 1 CE Credit
