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FMDEvsIWRETF Comparison
Fidelity Enhanced Mid Cap ETF (FMDE) and iShares Russell Mid-Cap ETF (IWR) belong to the same industry segment: US Mid Cap. FMDE's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, IWR's top sector exposures are Industrials, Information Technology and Financials. FMDE is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.18% for IWR. FMDE is down -1.27% year-to-date (YTD) with +$1.08B in YTD flows. IWR performs better with 0.96% YTD performance, and +$281M in YTD flows. Run a side-by-side ETF comparison of FMDE and IWR 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 IWR performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMDE IWR | -2.94%-3.37% | -1.88%-0.19% | -1.27%+0.96% | +16.97%+17.17% | n/a+51.37% | n/a+39.23% |
| Flows | FMDE IWR | +$553M+$566M | +$1.19B+$729M | +$1.08B+$281M | +$2.87B+$4.17B | -+$7.76B | -+$10.09B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMDE IWR | +14.08%+14.02% | +19.25%+19.18% | n/a+16.03% | n/a+18.23% |
| Max drawdown | FMDE IWR | -6.18%-6.03% | -14.49%-14.39% | n/a-21.08% | n/a-26.20% |
| Max drawdown duration | FMDE IWR | 14d14d | 46d46d | n/a239d | n/a854d |
FMDE | IWR | |
Last sale 3/13/2026 at 1:30 PM | $35.76 | $97.08 |
| Previous close 03/12/2026 | $35.88 | $97.20 |
| 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 | IWR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FMDE | IWR | |
|---|---|---|
| Last price | $35.76 | $97.08 |
| 1D performance | -0.33% | -0.12% |
| AuM | $5.60 B | $47.10 B |
| E/R | 0.23% | 0.18% |
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 IWR ETFs performed in 2026?
As of March 12, 2026, FMDE is down -1.27% year-to-date (YTD), while IWR has returned 0.96%. That puts IWR better performer ahead so far this year.
Which ETF is attracting more investor money: FMDE or IWR?
Year-to-date, the FMDE ETF saw +$1.08B in flows, compared to +$281M for IWR.
Which ETF is more volatile: FMDE or IWR?
Over the past year, FMDE had a volatility of 19.25%, while IWR experienced 19.18%.
Which ETF is bigger: FMDE or IWR?
As of March 12, 2026, FMDE holds $5.60 B in assets under management (AUM), while IWR manages $47.10 B.
What sectors do the FMDE and IWR ETFs invest in?
FMDE leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, IWR focuses on Industrials, Information Technology and Financials.
What are the top holdings of the FMDE ETF and IWR ETF?
FMDE top holdings include WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC. IWR holds in its top three: WESTERN DIGITAL, ROYAL CARIBBEAN GROUP and BANK OF NEW YORK MELLON.
Which ETF is more diversified: FMDE or IWR?
FMDE holds 309 securities with 14.71% of its assets in the top 15. IWR has 808 securities and a top 15 weight of 8.71%.
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