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FMDEvsGSEWETF Comparison
Fidelity Enhanced Mid Cap ETF (FMDE) belongs to the US Mid Cap segment. Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is part of the US Large Cap segment. FMDE's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, GSEW'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 GSEW. FMDE is down -1.27% year-to-date (YTD) with +$1.08B in YTD flows. GSEW performs better with 1.97% YTD performance, and +$71M in YTD flows. Run a side-by-side ETF comparison of FMDE and GSEW 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 GSEW performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMDE GSEW | -2.94%-2.47% | -1.88%+0.37% | -1.27%+1.97% | +16.97%+16.99% | n/a+58.43% | n/a+52.21% |
| Flows | FMDE GSEW | +$553M+$45M | +$1.19B+$118M | +$1.08B+$71M | +$2.87B+$299M | -+$812M | -+$716M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMDE GSEW | +14.08%+12.44% | +19.25%+17.69% | n/a+14.48% | n/a+16.96% |
| Max drawdown | FMDE GSEW | -6.18%-3.47% | -14.49%-13.46% | n/a-18.23% | n/a-25.74% |
| Max drawdown duration | FMDE GSEW | 14d13d | 46d46d | n/a211d | n/a834d |
FMDE | GSEW | |
Last sale 3/13/2026 at 6:26 PM | $35.78 | $85.28 |
| Previous close 03/12/2026 | $35.88 | $85.19 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FMDE | GSEW | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMDE | GSEW | |
|---|---|---|
| Last price | $35.78 | $85.28 |
| 1D performance | -0.28% | +0.11% |
| AuM | $5.60 B | $1.60 B |
| E/R | 0.23% | 0.09% |
FMDE | GSEW | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Fidelity | Goldman Sachs |
| Benchmark | - | Solactive US Large Cap Equal Weight Index |
| N° of holdings | 289 | 469 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 20, 2023 | December 9, 2017 |
| ESG | No | No |
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 GSEW ETFs performed in 2026?
As of March 12, 2026, FMDE is down -1.27% year-to-date (YTD), while GSEW has returned 1.97%. That puts GSEW better performer ahead so far this year.
Which ETF is attracting more investor money: FMDE or GSEW?
Year-to-date, the FMDE ETF saw +$1.08B in flows, compared to +$71M for GSEW.
Which ETF is more volatile: FMDE or GSEW?
Over the past year, FMDE had a volatility of 19.25%, while GSEW experienced 17.69%.
Which ETF is bigger: FMDE or GSEW?
As of March 12, 2026, FMDE holds $5.60 B in assets under management (AUM), while GSEW manages $1.60 B.
What sectors do the FMDE and GSEW ETFs invest in?
FMDE leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, GSEW focuses on Information Technology, Industrials and Financials.
What are the top holdings of the FMDE ETF and GSEW ETF?
FMDE top holdings include WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC. GSEW holds in its top three: US92333F1012, US80004C2008 and BLOOM ENERGY CORP.
Which ETF is more diversified: FMDE or GSEW?
FMDE holds 309 securities with 14.71% of its assets in the top 15. GSEW has 497 securities and a top 15 weight of 3.64%.
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