FMDE: Fidelity Enhanced Mid Cap ETF
About
FMDE was created on 2023-11-20 by Fidelity. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 1899.72m in AUM and 310 holdings. FMDE is an actively managed fund that invests in US", mid-cap companies. Stock selection is based on computer-aided analysis", which chooses stocks belonging to the Russel Midcap Index.
Current Value
$34.661 Year Return
Current Value
$34.661 Year Return
Key Details
Assets Under Management
$2.04B
Div Yield %
0.77%
P/E Ratio
19.21
Net Asset Value
$34.56
Expense Ratio
0.23%
1Y ETF Return
0.39%
Strategies that include FMDE
Stock's related to FMDE
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BN | 77.81% | $86.74B | +67.63% | 0.54% |
| ITT | 76.24% | $12.67B | +42.89% | 0.80% |
| ACA | 75.52% | $5.28B | +45.81% | 0.18% |
| FUL | 75.16% | $4.09B | -1.20% | 1.16% |
| RRX | 74.88% | $11.51B | +51.07% | 0.80% |
| JHG | 74.80% | $7.11B | +73.78% | 3.47% |
| AIT | 74.68% | $10.35B | +66.31% | 0.54% |
| PH | 72.89% | $90.45B | +62.95% | 0.91% |
| FSS | 72.57% | $5.79B | +36.31% | 0.50% |
| NOVT | 72.50% | $5.92B | +14.17% | 0.00% |
| EXP | 72.36% | $10.37B | +73.27% | 0.32% |
| AVT | 71.77% | $4.67B | +13.62% | 2.33% |
| FLS | 71.12% | $7.89B | +58.28% | 1.35% |
| URI | 70.66% | $55.17B | +81.42% | 0.77% |
| BAM | 70.53% | $23.27B | +63.56% | 2.61% |
| BNT | 70.31% | $7.40B | +67.71% | 0.00% |
| SEIC | 70.22% | $10.33B | +38.90% | 1.15% |
| GMS | 69.68% | $3.89B | +47.93% | 0.00% |
| SUM | 69.24% | $8.98B | +48.20% | 0.00% |
| DCI | 69.22% | $9.10B | +26.35% | 1.36% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| OXBR | 0.10% | $19.24M | +183.49% | 0.00% |
| QXO | -0.25% | $6.81B | -33.42% | 0.00% |
| MNOV | -0.34% | $98.09M | +5.26% | 0.00% |
| LITB | 0.41% | $37.87M | -73.39% | 0.00% |
| VSTA | 0.45% | $203.32M | -37.79% | 0.00% |
| COR | -0.63% | $48.41B | +23.04% | 0.84% |
| GIS | -0.75% | $35.60B | -1.16% | 3.70% |
| CHD | -1.20% | $27.50B | +19.29% | 1.01% |
| PG | 1.25% | $406.83B | +14.39% | 2.27% |
| BNED | 1.28% | $270.40M | -91.94% | 0.00% |
| BCAN | -1.49% | $72.74M | -99.75% | 0.00% |
| LTM | 1.52% | $8.37B | -100.00% | <0.01% |
| PULM | 2.12% | $22.32M | +230.27% | 0.00% |
| INSM | 2.30% | $13.20B | +211.04% | 0.00% |
| OCX | 2.34% | $44.95M | -32.75% | 0.00% |
| CTMX | 2.70% | $67.81M | -32.83% | 0.00% |
| PGR | -2.84% | $154.33B | +62.01% | 0.44% |
| DOGZ | -3.21% | $567.92M | +1,322.65% | 0.00% |
| LMT | 3.23% | $128.48B | +20.34% | 2.32% |
| RLMD | 3.86% | $82.98M | -3.51% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -19.62% | $22.09B | +17.17% | 1.08% |
| HUSA | -17.79% | $18.58M | -19.77% | 0.00% |
| QTTB | -9.52% | $329.37M | +172.64% | 0.00% |
| CYD | -8.96% | $384.48M | -0.79% | 4.00% |
| MCK | -8.50% | $79.75B | +37.34% | 0.41% |
| K | -6.86% | $27.93B | +52.93% | 2.77% |
| PRPO | -6.05% | $8.89M | -14.59% | 0.00% |
| CPB | -5.92% | $13.23B | +8.54% | 3.29% |
| TCTM | -5.52% | $7.57M | -41.30% | 0.00% |
| NEUE | -5.17% | $41.96M | -33.09% | 0.00% |
| STG | -4.22% | $35.47M | +5.43% | 0.00% |
| DOGZ | -3.21% | $567.92M | +1,322.65% | 0.00% |
| PGR | -2.84% | $154.33B | +62.01% | 0.44% |
| BCAN | -1.49% | $72.74M | -99.75% | 0.00% |
| CHD | -1.20% | $27.50B | +19.29% | 1.01% |
| GIS | -0.75% | $35.60B | -1.16% | 3.70% |
| COR | -0.63% | $48.41B | +23.04% | 0.84% |
| MNOV | -0.34% | $98.09M | +5.26% | 0.00% |
| QXO | -0.25% | $6.81B | -33.42% | 0.00% |
| OXBR | 0.10% | $19.24M | +183.49% | 0.00% |
ETF's related to FMDE
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IWR | 97.73% | $39.97B | 0.19% |
| JHMM | 96.95% | $4.18B | 0.42% |
| VO | 96.68% | $74.42B | 0.04% |
| SCHM | 96.51% | $11.69B | 0.04% |
| SIZE | 96.15% | $331.15M | 0.15% |
| FEX | 96.15% | $1.34B | 0.6% |
| IMCG | 95.44% | $2.46B | 0.06% |
| IJK | 95.18% | $9.55B | 0.17% |
| IWS | 95.15% | $13.90B | 0.23% |
| MDYG | 95.10% | $2.83B | 0.15% |
| VXF | 95.07% | $21.85B | 0.06% |
| SPMD | 95.04% | $12.14B | 0.03% |
| MDY | 95.00% | $24.32B | 0.24% |
| IVOO | 94.93% | $2.44B | 0.1% |
| FNY | 94.85% | $383.97M | 0.7% |
| TMSL | 94.77% | $295.65M | 0.55% |
| JVAL | 94.68% | $696.31M | 0.12% |
| IVOG | 94.63% | $1.14B | 0.15% |
| SMMD | 94.49% | $1.25B | 0.15% |
| FLQM | 94.44% | $1.27B | 0.3% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BSCO | -0.26% | $2.31B | 0.1% |
| XHLF | -0.31% | $883.02M | 0.03% |
| UNG | 0.93% | $928.64M | 1.06% |
| AGZD | -0.93% | $142.85M | 0.23% |
| XBIL | 1.01% | $637.84M | 0.15% |
| KRBN | 1.28% | $243.28M | 0.85% |
| KCCA | 1.40% | $219.64M | 0.87% |
| ULST | 2.10% | $535.66M | 0.2% |
| CORN | -2.16% | $61.32M | 0.2% |
| EQLS | -2.52% | $8.88M | 1% |
| SHYD | 3.36% | $311.61M | 0.35% |
| TBLL | 3.51% | $1.92B | 0.08% |
| DFNM | 3.80% | $1.40B | 0.17% |
| KMLM | -3.92% | $348.59M | 0.9% |
| SOYB | 4.33% | $27.32M | 0.22% |
| CCOR | 4.34% | $108.59M | 1.18% |
| BILZ | 4.63% | $553.02M | 0.14% |
| DBA | 4.70% | $768.98M | 0.93% |
| CLOI | -4.74% | $720.91M | 0.4% |
| GBIL | 5.06% | $5.64B | 0.12% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -66.52% | $379.51M | 1.43% |
| VIXY | -62.13% | $195.31M | 0.85% |
| TAIL | -47.73% | $68.06M | 0.59% |
| USDU | -31.94% | $201.83M | 0.5% |
| UUP | -25.05% | $359.07M | 0.77% |
| CTA | -13.10% | $359.48M | 0.78% |
| JUCY | -6.34% | $325.31M | 0.6% |
| WEAT | -5.62% | $123.26M | 0.28% |
| HDRO | -5.32% | $164.26M | 0.3% |
| CLOI | -4.74% | $720.91M | 0.4% |
| KMLM | -3.92% | $348.59M | 0.9% |
| EQLS | -2.52% | $8.88M | 1% |
| CORN | -2.16% | $61.32M | 0.2% |
| AGZD | -0.93% | $142.85M | 0.23% |
| XHLF | -0.31% | $883.02M | 0.03% |
| BSCO | -0.26% | $2.31B | 0.1% |
| UNG | 0.93% | $928.64M | 1.06% |
| XBIL | 1.01% | $637.84M | 0.15% |
| KRBN | 1.28% | $243.28M | 0.85% |
| KCCA | 1.40% | $219.64M | 0.87% |
News
SeekingAlpha
Cambria Shareholder Yield ETF is an actively managed fund selecting 100 securities from a universe of approx. 3,000 U.S. securities. Find out why SYLD is a hold.
SeekingAlpha
I've assigned JPME ETF a "hold" rating, with a fundamental analysis comparing it with AVMC, FMDE, FLQM, and JHMM to follow. Explore more here.
SeekingAlpha
JHMM is a solid mid-cap multifactor fund with balanced performance.
SeekingAlpha
FMDE is a mid-cap ETF with strong fundamentals and a history of outperforming its benchmark. See why we believe FMDE ETF to be a buy.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.