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IWRvsFMDEETF Comparison
iShares Russell Mid-Cap ETF (IWR) and Fidelity Enhanced Mid Cap ETF (FMDE) belong to the same industry segment: US Mid Cap. IWR's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, FMDE's top sector exposures are Industrials, Information Technology and Consumer Discretionary. IWR is less expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.23% for FMDE. IWR is up 2.81% year-to-date (YTD) with +$285M 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 IWR 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.
IWR vs FMDE performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWR FMDE | -3.17%-2.60% | +0.56%-1.11% | +2.81%+0.49% | +19.26%+19.37% | +54.13%n/a | +42.47%n/a |
| Flows | IWR FMDE | +$642M+$557M | +$778M+$1.20B | +$285M+$1.08B | +$4.18B+$2.77B | +$7.77B- | +$10.12B- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWR FMDE | +13.69%+13.76% | +19.09%+19.17% | +16.00%n/a | +18.21%n/a |
| Max drawdown | IWR FMDE | -4.31%-4.51% | -14.39%-14.49% | -21.08%n/a | -26.20%n/a |
| Max drawdown duration | IWR FMDE | 13d13d | 46d46d | 239dn/a | 854dn/a |
IWR | FMDE | |
Last sale 3/12/2026 at 1:30 PM | $97.20 | $35.88 |
| Previous close 03/11/2026 | $98.96 | $36.55 |
| 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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IWR | FMDE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IWR | FMDE | |
|---|---|---|
| Last price | $97.20 | $35.88 |
| 1D performance | -1.78% | -1.83% |
| AuM | $47.96 B | $5.70 B |
| E/R | 0.18% | 0.23% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the IWR and FMDE ETFs performed in 2026?
As of March 11, 2026, IWR is up 2.81% year-to-date (YTD), while FMDE has returned 0.49%. That puts IWR better performer ahead so far this year.
Which ETF is attracting more investor money: IWR or FMDE?
Year-to-date, the IWR ETF saw +$285M in flows, compared to +$1.08B for FMDE.
Which ETF is more volatile: IWR or FMDE?
Over the past year, IWR had a volatility of 19.09%, while FMDE experienced 19.17%.
Which ETF is bigger: IWR or FMDE?
As of March 11, 2026, IWR holds $47.96 B in assets under management (AUM), while FMDE manages $5.70 B.
What sectors do the IWR and FMDE ETFs invest in?
IWR leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, FMDE focuses on Industrials, Information Technology and Consumer Discretionary.
What are the top holdings of the IWR ETF and FMDE ETF?
IWR top holdings include WESTERN DIGITAL, ROYAL CARIBBEAN GROUP and BANK OF NEW YORK MELLON. FMDE holds in its top three: WESTERN DIGITAL, BANK OF NEW YORK MELLON and HOWMET AEROSPACE INC.
Which ETF is more diversified: IWR or FMDE?
IWR holds 808 securities with 8.71% of its assets in the top 15. FMDE has 309 securities and a top 15 weight of 14.71%.
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