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FMDEvsONEOETF Comparison

ETF 1
FMDE

Fidelity Enhanced Mid Cap ETF

This fund is part of
US Mid Cap
+0%
VS
ETF 2
ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

This fund is part of
US Multi-Factor
+0%

Fidelity Enhanced Mid Cap ETF (FMDE) belongs to the US Mid Cap segment. State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is part of the US Multi-Factor segment. FMDE's top 3 sector exposures are Industrials, Information Technology and Consumer Discretionary. In contrast, ONEO's top sector exposures are Information Technology, Industrials and Consumer Discretionary. FMDE is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.2% for ONEO. FMDE is up 10.99% year-to-date (YTD) with +$1.97B in YTD flows. ONEO performs better with 18.1% YTD performance, and -$26M in YTD flows. Run a side-by-side ETF comparison of FMDE and ONEO 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 ONEO performance and flow charts

Performance

0.02.04.06.0%May 18May 26Jun 2Jun 9Jun 16

Cumulative Flows

050,000,000100,000,000150,000,000200,000,000250,000,000300,000,000350,000,000May 18May 26Jun 2Jun 9Jun 16

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/18/2026
1M3MYTD1Y3Y5Y
Perf.
FMDE
ONEO
+4.82%+5.84%
+11.98%+14.30%
+10.99%+18.10%
+21.83%+28.54%
n/a+65.98%
n/a+70.77%
Flows
FMDE
ONEO
+$214M-
+$868M-
+$1.97B-$26M
+$3.59B-$74M
--$169M
--$321M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FMDE
ONEO
+15.69%+15.75%
+13.85%+13.36%
n/a+15.27%
n/a+17.42%
Max drawdown
FMDE
ONEO
-3.42%-3.26%
-8.28%-7.42%
n/a-19.59%
n/a-22.42%
Max drawdown duration
FMDE
ONEO
6d7d
49d48d
n/a260d
n/a757d
Trading data

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FMDE
ONEO
Last sale
6/18/2026 at 1:30 PM
$40.11
$152.24
Previous close
06/18/2026
$39.87
$150.93
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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FMDE
is actively managed and doesn’t replicate an index

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FMDE
ONEO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
FMDE
ONEO
Last price
$40.11
$152.24
1D performance
+0.60%
+0.87%
AuM$7.20 B$28.92 M
E/R0.23%0.2%
Characteristics
FMDE
ONEO
Management strategyActivePassive
ProviderFidelityState Street Investment Management
Benchmark-Russell 1000 Momentum Focused Factor Index
N° of holdings307837
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateNovember 20, 2023December 2, 2015
ESGNoNo
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Exposure

Countries

FMDE
USA
93.02%
Other
6.98%
ONEO
USA
91.88%
Other
8.12%

Sectors

FMDE
Industrials
18.41%
Information Techn.
17.76%
Consumer Discreti.
12.95%
Financials
12.64%
Health Care
7.45%
Other
30.8%
ONEO
Information Techn.
19.02%
Industrials
16.99%
Consumer Discreti.
11.7%
Health Care
9.02%
Financials
9.02%
Other
34.26%
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Diversification

FMDE

Total weight of top 15 holdings out of 15

15.05%
ONEO

Total weight of top 15 holdings out of 15

11.04%

Top 15 holdings

Data as of April 30, 2026
FMDE
WESTERN DIGITAL
1.44%
BANK OF NEW YORK MELLON
1.24%
HOWMET AEROSPACE INC
1.21%
SIMON PROPERTY GROUP REIT
1.01%
COMFORT SYSTEMS USA
1.00%
MARATHON PETROLEUM
0.99%
TERADYNE
0.99%
AMETEK
0.93%
KINDER MORGAN
0.92%
CORTEVA INC
0.90%
ALLSTATE
0.90%
STATE STREET
0.88%
FORD MOTOR
0.88%
ELECTRONIC ARTS
0.88%
CARDINAL HEALTH
0.87%
ONEO
WESTERN DIGITAL
1.72%
MONOLITHIC POWER SYSTEMS
0.97%
FLEX LTD
0.88%
MICRON TECHNOLOGY
0.76%
JABIL CIRCUIT
0.75%
MCKESSON
0.70%
TECHNIPFMC PLC
0.65%
US74743L1008
0.63%
MARATHON PETROLEUM
0.61%
TERADYNE
0.60%
US5128073062
0.59%
DOLLAR GENERAL
0.56%
KLA CORPORATION
0.56%
VALERO ENERGY
0.54%
APPLIED MATERIAL
0.52%
Frequently asked questions about FMDE and ONEO

How have the FMDE and ONEO ETFs performed in 2026?

As of June 18, 2026, FMDE is up 10.99% year-to-date (YTD), while ONEO has returned 18.1%. That puts ONEO better performer ahead so far this year.

Which ETF is attracting more investor money: FMDE or ONEO?

Year-to-date, the FMDE ETF saw +$1.97B in flows, compared to -$26M for ONEO.

Which ETF is more volatile: FMDE or ONEO?

Over the past year, FMDE had a volatility of 13.85%, while ONEO experienced 13.36%.

Which ETF is bigger: FMDE or ONEO?

As of June 18, 2026, FMDE holds $7.20 B in assets under management (AUM), while ONEO manages $28.92 M.

What sectors do the FMDE and ONEO ETFs invest in?

FMDE leans toward sectors like Industrials, Information Technology and Consumer Discretionary. Meanwhile, ONEO focuses on Information Technology, Industrials and Consumer Discretionary.

What are the top holdings of the FMDE ETF and ONEO ETF?

FMDE top holdings include WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC. ONEO holds in its top three: WESTERN DIGITAL, MONOLITHIC POWER SYSTEMS and FLEX LTD.

Which ETF is more diversified: FMDE or ONEO?

FMDE holds 329 securities with 15.05% of its assets in the top 15. ONEO has 899 securities and a top 15 weight of 11.04%.

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