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FMTMvsFMDEETF Comparison

ETF 1
FMTM

MarketDesk Focused U.S. Momentum ETF

This fund is part of
US Multi-Factor
-0.14%
Full FMTM fund page
VS
ETF 2
FMDE

Fidelity Enhanced Mid Cap ETF

This fund is part of
US Mid Cap
-0.25%
Full FMDE fund page

MarketDesk Focused U.S. Momentum ETF (FMTM) belongs to the US Multi-Factor segment. Fidelity Enhanced Mid Cap ETF (FMDE) is part of the US Mid Cap segment. FMTM's top 3 sector exposures are Industrials, Materials and Information Technology. In contrast, FMDE's top sector exposures are Industrials, Information Technology and Consumer Discretionary. FMTM is more expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.23% for FMDE. FMTM is up 10.24% year-to-date (YTD) with +$30M in YTD flows. FMDE performs worse with 0.49% YTD performance, and +$1.08B in YTD flows. Run a side-by-side ETF comparison of FMTM and FMDE 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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FMTM vs FMDE performance and flow charts

Performance

-6.0-4.0-2.00.02.04.0%Feb 11Feb 19Feb 26Mar 5

Cumulative Flows

0 M100 M200 M300 M400 M500 M600 MFeb 11Feb 19Feb 26Mar 5

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.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
FMTM
FMDE
-2.88%-2.60%
+7.89%-1.11%
+10.24%+0.49%
n/a+19.37%
n/an/a
n/an/a
Flows
FMTM
FMDE
+$11M+$557M
+$31M+$1.20B
+$30M+$1.08B
-+$2.77B
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
FMTM
FMDE
+25.25%+13.76%
n/a+19.17%
n/an/a
n/an/a
Max drawdown
FMTM
FMDE
-9.41%-4.51%
n/a-14.49%
n/an/a
n/an/a
Max drawdown duration
FMTM
FMDE
9d13d
n/a46d
n/an/a
n/an/a
Trading data

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FMTM
FMDE
Last sale
3/11/2026 at 1:30 PM
$35.43
$36.55
Previous close
03/11/2026
$35.33
$36.62
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
FMTM
FMDE
Last price
$35.43
$36.55
1D performance
+0.28%
-0.19%
AuM$78.24 M$5.70 B
E/R0.45%0.23%
Characteristics
FMTM
FMDE
Management strategyActiveActive
ProviderAlpha ArchitectFidelity
Benchmark--
N° of holdings29289
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateMarch 20, 2025November 20, 2023
ESGNoNo
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Exposure

Countries

FMTM
USA
93.05%
Other
6.95%
FMDE
USA
94.09%
Other
5.91%

Sectors

FMTM
Industrials
29.81%
Materials
19.97%
Information Techn.
13.33%
Health Care
9.98%
Other
26.91%
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%
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Diversification

FMTM

Total weight of top 15 holdings out of 15

50.06%
FMDE

Total weight of top 15 holdings out of 15

14.71%

Top 15 holdings

Data as of January 31, 2026
FMTM
ROYAL GOLD
3.37%
MICRON TECHNOLOGY
3.35%
US19247G1076
3.35%
US5128073062
3.34%
ALCOA CORP
3.34%
ILLUMINA
3.34%
ALPHABET INC-CL
3.34%
CHRLS RIVER LABS
3.34%
WESTERN DIGITAL
3.34%
KIRBY
3.33%
TECHNIPFMC PLC
3.33%
KLA CORPORATION
3.33%
CUMMINS
3.32%
FEDEX
3.32%
NUCOR
3.32%
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%
Frequently asked questions about FMTM and FMDE

How have the FMTM and FMDE ETFs performed in 2026?

As of March 11, 2026, FMTM is up 10.24% year-to-date (YTD), while FMDE has returned 0.49%. That puts FMTM better performer ahead so far this year.

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

Year-to-date, the FMTM ETF saw +$30M in flows, compared to +$1.08B for FMDE.

Which ETF is bigger: FMTM or FMDE?

As of March 11, 2026, FMTM holds $78.24 M in assets under management (AUM), while FMDE manages $5.70 B.

What sectors do the FMTM and FMDE ETFs invest in?

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

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

FMTM top holdings include ROYAL GOLD, MICRON TECHNOLOGY and US19247G1076. FMDE holds in its top three: WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC.

Which ETF is more diversified: FMTM or FMDE?

FMTM holds 30 securities with 50.06% of its assets in the top 15. FMDE has 309 securities and a top 15 weight of 14.71%.

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