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FMDEvsONEOETF Comparison

ETF 1
FMDE

Fidelity Enhanced Mid Cap ETF

This fund is part of
US Mid Cap
-1.75%
Full FMDE fund page
VS
ETF 2
ONEO

SPDR Russell 1000 Momentum Focus ETF

This fund is part of
US Multi-Factor
-1.26%
Full ONEO fund page

Fidelity Enhanced Mid Cap ETF (FMDE) belongs to the US Mid Cap segment. SPDR Russell 1000 Momentum Focus ETF (ONEO) is part of the US Multi-Factor segment. Both ETFs have the same top 3 sector exposures: Industrials, Information Technology and Consumer Discretionary. FMDE is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.2% for ONEO. FMDE is down -1.27% year-to-date (YTD) with +$1.08B in YTD flows. ONEO performs better with 3.07% 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

-4.0-2.00.02.04.0%Feb 12Feb 20Feb 27Mar 6

Cumulative Flows

0 M100 M200 M300 M400 M500 M600 MFeb 12Feb 20Feb 27Mar 6

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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 03/12/2026
1M3MYTD1Y3Y5Y
Perf.
FMDE
ONEO
-2.94%-3.50%
-1.88%+2.12%
-1.27%+3.07%
+16.97%+18.98%
n/a+53.59%
n/a+54.50%
Flows
FMDE
ONEO
+$553M-$1M
+$1.19B-$74M
+$1.08B-$26M
+$2.87B-$74M
--$247M
--$298M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FMDE
ONEO
+14.08%+13.24%
+19.25%+17.80%
n/a+15.33%
n/a+17.31%
Max drawdown
FMDE
ONEO
-6.18%-5.43%
-14.49%-12.69%
n/a-19.59%
n/a-22.42%
Max drawdown duration
FMDE
ONEO
14d14d
46d46d
n/a260d
n/a757d
Trading data

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FMDE
ONEO
Last sale
3/13/2026 at 1:30 PM
$35.76
$133.33
Previous close
03/12/2026
$35.88
$135.45
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 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 3/13/2026 at 1:30 PM
Live
Closed
FMDE
ONEO
Last price
$35.76
$133.33
1D performance
-0.33%
-1.57%
AuM$5.60 B$25.34 M
E/R0.23%0.2%
Characteristics
FMDE
ONEO
Management strategyActivePassive
ProviderFidelitySPDR
Benchmark-Russell 1000 Momentum Focused Factor Index
N° of holdings289842
Asset class-Equities
Trailing 12m distribution yield
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Inception dateNovember 20, 2023December 2, 2015
ESGNoNo
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Exposure

Countries

FMDE
USA
94.09%
Other
5.91%
ONEO
USA
91.97%
Other
8.03%

Sectors

FMDE
Industrials
19.51%
Information Techn.
16.97%
Consumer Discreti.
12.94%
Financials
12.9%
Health Care
8.35%
Real Estate
7.15%
Other
22.18%
ONEO
Industrials
17.01%
Information Techn.
17%
Consumer Discreti.
12.88%
Health Care
10%
Financials
9.61%
Other
33.49%
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Diversification

FMDE

Total weight of top 15 holdings out of 15

14.71%
ONEO

Total weight of top 15 holdings out of 15

9.21%

Top 15 holdings

Data as of January 31, 2026
FMDE
WESTERN DIGITAL
1.43%
BANK OF NEW YORK MELLON
1.19%
HOWMET AEROSPACE INC
1.17%
KINDER MORGAN
1.00%
SIMON PROPERTY GROUP REIT
0.96%
FORD MOTOR
0.96%
AMETEK
0.94%
CUMMINS
0.91%
CORTEVA INC
0.91%
ELECTRONIC ARTS
0.91%
CARDINAL HEALTH
0.90%
COMFORT SYSTEMS USA
0.89%
MARATHON PETROLEUM
0.87%
ALLSTATE
0.86%
ZOOM VIDEO COMMUNICATIONS INC
0.80%
ONEO
WESTERN DIGITAL
1.06%
MCKESSON
0.76%
DOLLAR GENERAL
0.74%
MONOLITHIC POWER SYSTEMS
0.72%
MICRON TECHNOLOGY
0.65%
FLEX LTD
0.65%
US5128073062
0.57%
JABIL CIRCUIT
0.56%
LEIDOS HOLDINGS INC
0.55%
TECHNIPFMC PLC
0.51%
GENERAL MOTORS
0.50%
JE00BTDN8H13
0.50%
SYNCHRONY FINANCIAL
0.49%
KLA CORPORATION
0.49%
MARATHON PETROLEUM
0.46%
Frequently asked questions about FMDE and ONEO

How have the FMDE and ONEO ETFs performed in 2026?

As of March 12, 2026, FMDE is down -1.27% year-to-date (YTD), while ONEO has returned 3.07%. 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 +$1.08B in flows, compared to -$26M for ONEO.

Which ETF is more volatile: FMDE or ONEO?

Over the past year, FMDE had a volatility of 19.25%, while ONEO experienced 17.8%.

Which ETF is bigger: FMDE or ONEO?

As of March 12, 2026, FMDE holds $5.60 B in assets under management (AUM), while ONEO manages $25.34 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 Industrials, Information Technology 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, MCKESSON and DOLLAR GENERAL.

Which ETF is more diversified: FMDE or ONEO?

FMDE holds 309 securities with 14.71% of its assets in the top 15. ONEO has 902 securities and a top 15 weight of 9.21%.

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