Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →

Advertisement
Advertisement
FMDE
US Mid Cap
Active
NYSE listed

Fidelity Enhanced Mid Cap ETF

This ETF provides exposure to Other Mid Cap US Equities

FMDE performance and flow charts

Last update 4/24/2026 at 1:30 PM
Live
Closed
Last price
$38.24
+$0.01 (+0.03%) today

Performance

-2.00.02.04.06.08.0%Mar 24Mar 31Apr 8Apr 15Apr 22

Flows

0 M50 M100 M150 M200 M250 M
1 day price range
$38.06
$38.32
52 week price range
$31.00
$38.65
1W perf
-0.62%
YTD perf
+5.58%
YTD flows
+$1.54B
AuM
$6.45B
E/R
0.23%
TTM yield
1.16%
Find out how industry players manage ETF portfolios.  Discover our library of Model portfolios

Historic performance and flows

Data as of April 24, 2026
1M3MYTD1Y3Y5Y
Perf.+6.19%+2.15%+5.58%+24.95%
Flows+$245M+$1.21B+$1.54B+$3.35B--
Data as of April 24, 2026
Advertisement

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.

Characteristics

This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.

Management strategyActive
StrategyLong Only
ProviderFidelity
N° of holdings335
Dividend policyDistributing
Trailing 12m distribution yield
Join for free
Inception dateNovember 20, 2023
ESGNo
TrackinsightTrackinsight

More data and info about FMDE on Trackinsight

Exposure

Data as of March 31, 2026

Diversification

15.46%

Total weight of top 15 holdings out of 335

Top 15 Holdings

WESTERN DIGITAL
1.25%
HOWMET AEROSPACE INC
1.24%
MARATHON PETROLEUM
1.2%
BANK OF NEW YORK MELLON
1.18%
KINDER MORGAN
1.1%
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
0.9%
FORD MOTOR
0.86%

Sectors

Industrials
18.29%
Information Technology
16.34%
Consumer Discretionary
12.74%
Financials
12.13%
Health Care
8.49%
Energy
7.95%
Other
24.06%

Countries

USA
93.18%
Other
6.82%
Advertisement

Trading data

Last sale
4/24/2026 at 1:30 PM
$38.24
Previous close
$38.23
Consolidated volume
04/23/2026
Join for free
Average volume
30 days
Join for free
Average discount or premium
30 days
Join for free
Average Bid/Ask spread
30 days
Join for free

Volatility and drawdown

3M1Y3Y5Y
Volatility+16.61%+13.82%
Max drawdown
-8.28%-8.28%
Max drawdown duration
49d49dN/AN/A
Time to recover
18d18dN/AN/A
Advertisement
Frequently asked questions about FMDE

What type of ETF is FMDE?

FMDE is a Active ETF that provides exposure to Equity assets. It is managed by Fidelity.

What does FMDE invest in?

This ETF provides exposure to Other Mid Cap US Equities. It is part of the segment: US Mid Cap.

What is the expense ratio of FMDE?

The total expense ratio (TER) of FMDE is 0.23%, representing the annual fee charged by the fund manager.

When was FMDE launched?

FMDE was launched on November 20, 2023, marking its entry into the ETF market.

Who is the issuer of FMDE?

FMDE is issued by Fidelity.

What is the AUM of FMDE?

As of April 24, 2026, FMDE manages $6.45 B, reflecting the total assets held in the fund.

How has FMDE performed recently?

As of April 24, 2026, FMDE delivered a return of 6.19% over the past month (1M performance), 2.15% over the past three months (3M), and 5.58% year-to-date (YTD).

What are the recent fund flows for FMDE?

As of April 24, 2026, FMDE has seen net flows of +$245M in the past month (1M flow) and +$1.54B year-to-date (YTD).

Does FMDE pay dividends?

As of April 24, 2026, FMDE has a trailing 12-month distribution yield of 1.16%.

How many holdings are in FMDE

As of March 31, 2026, FMDE holds 335 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.

How diversified is FMDE?

As of March 31, 2026, FMDE holds 335 securities, with 15.46% of its assets concentrated in its top 15 holdings.

What are the top holdings of FMDE?

As of March 31, 2026, FMDE holds a portfolio of 335 underlyings, with its largest positions including WESTERN DIGITAL, HOWMET AEROSPACE INC and MARATHON PETROLEUM. These top holdings play a significant role in shaping the fund’s performance and exposure.

What countries or regions does FMDE invest in?

As of March 31, 2026, FMDE has its largest geographic exposures in USA.

What sectors or themes does FMDE focus on?

As of March 31, 2026, FMDE is primarily exposed to Industrials, Information Technology and Consumer Discretionary.

The ETF Institute® is now affiliated with ETF Central

The CETF certification is the only FINRA listed professional designation focused on ETFs.

ETF Institute
Advertisement
Advertisement
ETF U
Become a better investor with NYSE: The Home of ETFs
Visit the ETF U homepage
ETF Guides
Advertisement

Recent educational content

Investors Can Fight Healthcare Inflation with Newly Launched ETFs

Asset TV

The ETF Show - Investors Can Fight Healthcare Inflation with Newly Launched ETFs

Adam Schenck, Principal and Managing Director of Fund Services at Milliman joined The ETF Show to discuss Milliman's first ETFs designed to hedge against rising healthcare inflation.

Asset TV
By Asset TV · April 22, 2026
Tidal ETF Industry KPIs

ETF Trends

ETF Industry KPIs April 20, 2026

The ETF Industry saw 14 New Launches, 1 Ticker Change and 16 closures last week.

Tidal
By Tidal · April 22, 2026
The ETF Show - Investors Run to Cash Alternatives as Markets Remain Volatile

Asset TV

The ETF Show - Investors Run to Cash Alternatives as Markets Remain Volatile

Jason England, Portfolio Manager and Fixed Income Strategist from Simplify joined The ETF Show to discuss investor allocations to fixed income as markets continue on their rollercoaster ride.

Asset TV
By Asset TV · April 15, 2026
Tidal ETF Industry KPIs

ETF Trends

ETF Industry KPIs March 30, 2026

The ETF Industry saw 33 New Launches, 1 Ticker Change and 9 closures last week.

Tidal
By Tidal · March 31, 2026

Browse all educational columns

Advertisement
The Active Trader Report

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

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

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