FMTMvsFMDEETF Comparison
VS
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, Information Technology and Materials. 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 23.78% year-to-date (YTD) with +$57M in YTD flows. FMDE performs worse with 6.21% YTD performance, and +$1.59B 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FMTM vs FMDE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 05/01/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMTM FMDE | +12.47%+6.00% | +11.07%+4.15% | +23.78%+6.21% | +58.30%+24.18% | n/an/a | n/an/a |
| Flows | FMTM FMDE | +$23M+$238M | +$44M+$1.16B | +$57M+$1.59B | +$79M+$3.38B | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMTM FMDE | +27.85%+16.71% | +22.20%+13.94% | n/an/a | n/an/a |
| Max drawdown | FMTM FMDE | -12.06%-8.28% | -12.06%-8.28% | n/an/a | n/an/a |
| Max drawdown duration | FMTM FMDE | 45d49d | 45d49d | n/an/a | n/an/a |
Trading data
FMTM | FMDE | |
Last sale 5/1/2026 at 1:30 PM | $39.79 | $38.50 |
| Previous close 05/01/2026 | $39.54 | $38.49 |
| Consolidated volume 05/01/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
FMTM | FMDE | |
|---|---|---|
| Last price | $39.79 | $38.50 |
| 1D performance | +0.63% | +0.03% |
| AuM | $118.07 M | $6.54 B |
| E/R | 0.45% | 0.23% |
Characteristics
FMTM | FMDE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Alpha Architect | Fidelity |
| Benchmark | - | - |
| N° of holdings | 29 | 311 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 20, 2025 | November 20, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
FMTM
USA
92.75%
Other
7.25%
FMDE
USA
93.18%
Other
6.82%
Sectors
FMTM
Industrials
27.55%
Information Techn.
22.47%
Materials
16.53%
Energy
10.94%
Consumer Discreti.
9.2%
Other
13.31%
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%
Advertisement
Diversification
FMTM
Total weight of top 15 holdings out of 15
53.2%
FMDE
Total weight of top 15 holdings out of 15
15.46%
Top 15 holdings
Data as of March 31, 2026
FMTM
MICHAEL STORES
3.94%
TARGA RESOURCS
3.92%
TECHNIPFMC PLC
3.76%
ALCOA CORP
3.72%
ALBEMARLE
3.70%
FIVE BELOW
3.67%
CLEAN HARBORS
3.55%
MADISON SQUARE GARDEN SPORTS
3.51%
OLD DOMINION
3.47%
WABTEC
3.37%
LATTICE SEMICONDUCTOR
3.34%
ALLISON TRANSMISSION HOLDINGS
3.34%
ONTO INNOVATION INC
3.31%
WOODWARD
3.30%
TIMKEN
3.30%
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%
Frequently asked questions about FMTM and FMDE
How have the FMTM and FMDE ETFs performed in 2026?
As of May 1, 2026, FMTM is up 23.78% year-to-date (YTD), while FMDE has returned 6.21%. 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 +$57M in flows, compared to +$1.59B for FMDE.
Which ETF is more volatile: FMTM or FMDE?
Over the past year, FMTM had a volatility of 22.2%, while FMDE experienced 13.94%.
Which ETF is bigger: FMTM or FMDE?
As of May 1, 2026, FMTM holds $118.07 M in assets under management (AUM), while FMDE manages $6.54 B.
What sectors do the FMTM and FMDE ETFs invest in?
FMTM leans toward sectors like Industrials, Information Technology and Materials. 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 MICHAEL STORES, TARGA RESOURCS and TECHNIPFMC PLC. FMDE holds in its top three: WESTERN DIGITAL, HOWMET AEROSPACE INC and MARATHON PETROLEUM.
Which ETF is more diversified: FMTM or FMDE?
FMTM holds 30 securities with 53.2% of its assets in the top 15. FMDE has 335 securities and a top 15 weight of 15.46%.
Advertisement
Latest news about FMTM & FMDE
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
Advertisement
Advertisement
