BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

FMDEvsONEOETF Comparison

ETF 1

FMDE

Fidelity Enhanced Mid Cap ETF

This fund is part of

US Mid Cap

+0.07%

Full FMDE fund page

VS

ETF 2

ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

This fund is part of

US Multi-Factor

+0.52%

Full ONEO fund page

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 5.58% year-to-date (YTD) with +$1.54B in YTD flows. ONEO performs better with 11.08% 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

FMDE vs ONEO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FMDE ONEO	+6.19%+7.13%	+2.15%+5.79%	+5.58%+11.08%	+24.95%+28.67%	n/a+58.21%	n/a+56.72%
Flows	FMDE ONEO	+$245M-	+$1.21B-$1M	+$1.54B-$26M	+$3.35B-$74M	--$171M	--$298M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FMDE ONEO	+16.61%+15.11%	+13.82%+13.05%	n/a+15.30%	n/a+17.35%
Max drawdown	FMDE ONEO	-8.28%-7.42%	-8.28%-7.42%	n/a-19.59%	n/a-22.42%
Max drawdown duration	FMDE ONEO	49d48d	49d48d	n/a260d	n/a757d

Trading data

Create an account to view trading data

Join for free

	FMDE	ONEO
Last sale 4/27/2026 at 1:30 PM	$38.34	$143.09
Previous close 04/24/2026	$38.24	$143.13
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

FMDE

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	FMDE	ONEO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	FMDE	ONEO
Last price	$38.34	$143.09
1D performance	+0.26%	-0.03%
AuM	$6.45 B	$27.20 M
E/R	0.23%	0.2%

Characteristics

	FMDE	ONEO
Management strategy	Active	Passive
Provider	Fidelity	State Street Investment Management
Benchmark	-	Russell 1000 Momentum Focused Factor Index
N° of holdings	311	840
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2023	December 2, 2015
ESG	No	No

More FMDE data on Trackinsight

More ONEO data on Trackinsight

Exposure

Countries

FMDE

USA

93.18%

Other

6.82%

ONEO

USA

91.79%

Other

8.21%

Sectors

FMDE

Industrials

18.29%

Information Techn.

16.34%

Consumer Discreti.

12.74%

Financials

12.13%

Health Care

8.49%

Energy

7.95%

Other

24.06%

ONEO

Information Techn.

16.91%

Industrials

16.76%

Consumer Discreti.

12.08%

Health Care

9.78%

Financials

9.14%

Other

35.34%

Diversification

FMDE

Total weight of top 15 holdings out of 15

15.46%

ONEO

Total weight of top 15 holdings out of 15

9.64%

Top 15 holdings

Data as of March 31, 2026

FMDE

WESTERN DIGITAL

1.25%

HOWMET AEROSPACE INC

1.24%

MARATHON PETROLEUM

1.20%

BANK OF NEW YORK MELLON

1.18%

KINDER MORGAN

1.10%

CHENIERE ENERGY

1.09%

CORTEVA INC

1.02%

SIMON PROPERTY GROUP REIT

0.99%

ELECTRONIC ARTS

0.95%

ALLSTATE

0.93%

OCCIDENTAL U

0.92%

CARDINAL HEALTH

0.92%

COMFORT SYSTEMS USA

0.91%

AMETEK

0.90%

FORD MOTOR

0.86%

ONEO

WESTERN DIGITAL

1.16%

MCKESSON

0.80%

MONOLITHIC POWER SYSTEMS

0.71%

FLEX LTD

0.68%

MARATHON PETROLEUM

0.65%

TECHNIPFMC PLC

0.65%

JABIL CIRCUIT

0.63%

DOLLAR GENERAL

0.62%

VALERO ENERGY

0.57%

US74743L1008

0.56%

TERADYNE

0.56%

MICRON TECHNOLOGY

0.54%

US5128073062

0.53%

KLA CORPORATION

0.51%

ALTRIA GROUP

0.49%

Frequently asked questions about FMDE and ONEO

How have the FMDE and ONEO ETFs performed in 2026?

As of April 24, 2026, FMDE is up 5.58% year-to-date (YTD), while ONEO has returned 11.08%. 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 +$1.54B in flows, compared to -$26M for ONEO.

Which ETF is more volatile: FMDE or ONEO?

Over the past year, FMDE had a volatility of 13.82%, while ONEO experienced 13.05%.

Which ETF is bigger: FMDE or ONEO?

As of April 24, 2026, FMDE holds $6.45 B in assets under management (AUM), while ONEO manages $27.20 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, HOWMET AEROSPACE INC and MARATHON PETROLEUM. ONEO holds in its top three: WESTERN DIGITAL, MCKESSON and MONOLITHIC POWER SYSTEMS.

Which ETF is more diversified: FMDE or ONEO?

FMDE holds 335 securities with 15.46% of its assets in the top 15. ONEO has 900 securities and a top 15 weight of 9.64%.

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs

February 16, 2024

FMDE

Fidelity Continues Trend of Mutual Fund Conversions to ETFs

November 27, 2023

FMDE

FMDEvsONEOETF Comparison

Fidelity Enhanced Mid Cap ETF

State Street SPDR Russell 1000 Momentum Focus ETF

FMDE vs ONEO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FMDE and ONEO ETFs performed in 2026?

As of April 24, 2026, FMDE is up 5.58% year-to-date (YTD), while ONEO has returned 11.08%. 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 +$1.54B in flows, compared to -$26M for ONEO.

Which ETF is more volatile: FMDE or ONEO?

Over the past year, FMDE had a volatility of 13.82%, while ONEO experienced 13.05%.

Which ETF is bigger: FMDE or ONEO?

As of April 24, 2026, FMDE holds $6.45 B in assets under management (AUM), while ONEO manages $27.20 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, HOWMET AEROSPACE INC and MARATHON PETROLEUM. ONEO holds in its top three: WESTERN DIGITAL, MCKESSON and MONOLITHIC POWER SYSTEMS.

Which ETF is more diversified: FMDE or ONEO?

FMDE holds 335 securities with 15.46% of its assets in the top 15. ONEO has 900 securities and a top 15 weight of 9.64%.

Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs

Fidelity Continues Trend of Mutual Fund Conversions to ETFs

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up