ONEOvsFMDEETF Comparison
VS
State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) belongs to the US Multi-Factor segment. Fidelity Enhanced Mid Cap ETF (FMDE) is part of the US Mid Cap segment. ONEO's top 3 sector exposures are Industrials, Technology and Finance. In contrast, FMDE's top sector exposures are Technology, Finance and Industrials. ONEO is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.23% for FMDE. ONEO is up 19.45% year-to-date (YTD) with -$24M in YTD flows. FMDE performs worse with 14.88% YTD performance, and +$3.04B in YTD flows. Run a side-by-side ETF comparison of ONEO 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
ONEO vs FMDE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ONEO FMDE | +1.94%+1.45% | +1.09%+2.87% | +19.45%+14.88% | +20.46%+16.24% | +76.31%n/a | +57.52%n/a |
| Flows | ONEO FMDE | -+$279M | +$2M+$745M | -$24M+$3.04B | -$73M+$3.59B | -$165M- | -$317M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ONEO FMDE | +9.77%+11.13% | +12.86%+13.39% | +15.00%n/a | +17.22%n/a |
| Max drawdown | ONEO FMDE | -6.73%-5.79% | -7.42%-8.28% | -19.59%n/a | -22.42%n/a |
| Max drawdown duration | ONEO FMDE | 68d68d | 48d49d | 260dn/a | 757dn/a |
Trading data
ONEO | FMDE | |
Last sale 10/23/2026 at 1:30 PM | $152.98 | $41.42 |
| Previous close 10/22/2026 | $153.87 | $41.56 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FMDE
is actively managed and doesn’t replicate an indexONEO | FMDE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
ONEO | FMDE | |
|---|---|---|
| Last price | $152.98 | $41.42 |
| 1D performance | -0.58% | -0.34% |
| AuM | $30.60 M | $8.52 B |
| E/R | 0.2% | 0.23% |
Characteristics
ONEO | FMDE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | Fidelity |
| Benchmark | Russell 1000 Momentum Focused Factor Index | - |
| N° of holdings | 914 | 415 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 2, 2015 | November 20, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
ONEO
USA
94.89%
Other
5.11%
FMDE
USA
95.97%
Other
4.03%
Sectors
ONEO
Industrials
15.26%
Technology
15.06%
Finance
14.91%
Healthcare
11.89%
Non-Energy Materi.
8.41%
Consumer Non-Cycl.
7.98%
Other
26.5%
FMDE
Technology
20%
Finance
19.15%
Industrials
15.76%
Healthcare
11.14%
Non-Energy Materi.
7.52%
Other
26.43%
Advertisement
Diversification
ONEO
Total weight of top 15 holdings out of 15
8.56%
FMDE
Total weight of top 15 holdings out of 15
13.21%
Top 15 holdings
Data as of August 31, 2026
ONEO
Anglogold Ashanti Plc
0.93%
The Allstate Corp.
0.66%
Expedia Group, Inc.
0.63%
Archer-Daniels-Midland Co.
0.63%
Newmont Corp.
0.59%
CF Industries Holdings, Inc.
0.56%
Regeneron Pharmaceuticals, Inc.
0.56%
Zoom Communications, Inc.
0.52%
McKesson Corp.
0.51%
Delta Air Lines, Inc.
0.51%
TechnipFMC plc
0.51%
Ovintiv, Inc.
0.51%
Permian Resources Corp.
0.49%
Devon Energy Corp.
0.48%
Humana, Inc.
0.45%
FMDE
Marathon Petroleum Corp.
1.09%
Snowflake, Inc.
1.01%
The Allstate Corp.
0.99%
State Street Corp.
0.92%
Ford Motor Co.
0.89%
Keysight Technologies, Inc.
0.88%
Kinder Morgan, Inc.
0.87%
AMETEK, Inc.
0.87%
Nucor Corp.
0.85%
L3Harris Technologies, Inc.
0.85%
Ventas, Inc.
0.83%
MongoDB, Inc.
0.81%
Expedia Group, Inc.
0.80%
Northern Trust Corp.
0.78%
Sysco Corp.
0.78%
Frequently asked questions about ONEO and FMDE
How have the ONEO and FMDE ETFs performed in 2026?
As of October 23, 2026, ONEO is up 19.45% year-to-date (YTD), while FMDE has returned 14.88%. That puts ONEO better performer ahead so far this year.
Which ETF is attracting more investor money: ONEO or FMDE?
Year-to-date, the ONEO ETF saw -$24M in flows, compared to +$3.04B for FMDE.
Which ETF is more volatile: ONEO or FMDE?
Over the past year, ONEO had a volatility of 12.86%, while FMDE experienced 13.39%.
Which ETF is bigger: ONEO or FMDE?
As of October 23, 2026, ONEO holds $30.60 M in assets under management (AUM), while FMDE manages $8.52 B.
What sectors do the ONEO and FMDE ETFs invest in?
ONEO leans toward sectors like Industrials, Technology and Finance. Meanwhile, FMDE focuses on Technology, Finance and Industrials.
What are the top holdings of the ONEO ETF and FMDE ETF?
ONEO top holdings include Anglogold Ashanti Plc, The Allstate Corp. and Expedia Group, Inc.. FMDE holds in its top three: Marathon Petroleum Corp., Snowflake, Inc. and The Allstate Corp..
Which ETF is more diversified: ONEO or FMDE?
ONEO holds 921 securities with 8.56% of its assets in the top 15. FMDE has 417 securities and a top 15 weight of 13.21%.
Advertisement
Latest news about ONEO & 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
