Fund Evaluator:
Fidelity Enhanced Mid Cap Core ETF (FMDE)
Follow This Fund
Equity
Global Asset Class
U.S. Equity
Fund Group
Mid-Cap Blend
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.23% B
Expense Ratio
$8,219 Mil
Assets
Open
Status
na
12b-1 Fee
1.04%
TTM Yield
0.00%
Max Load
78%
Portfolio Turnover
Best Performing in Mid-Cap Blend Over the Last Year
| 61.2% | Paradigm Select (PFSLX) |
| 30.2% | ICON Equity Investor (ISTAX) |
| 29.0% | Fidelity Advisor Mid Cap II Z (FZAMX) |
| 27.9% | Rock Oak Core Growth (RCKSX) |
| 27.4% | Cantor Fitzgerald Equity Opp Inst (ATGYX) |
Data as of 8/31/2026
2.1% B
1-Mo Return
6.0% B
3-Mo Return
16.1% C
YTD Return
18.4% C
1-Yr Return
19.3% A
3-Yr Return
10.0% B
5-Yr Return
0.94 C
Category Risk Index
1.21
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
12/20/2007
Share Class Type
Equity Investment Style
Mid-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Russell 3000 TR USD: 100%
Additional Fund Details
Fidelity Enhanced Mid Cap Core ETF Overview
FMDE Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FMDE Return (NAV) | 2.1% | 6.0% | 18.4% | 19.3% | 10.0% | 12.2% |
| FMDE Grade | B | B | C | A | B | B |
| +/- Category | 1.5% | 3.2% | 2.9% | 5.4% | 2.8% | 1.8% |
| Mid-Cap Blend Avg | 0.7% | 2.8% | 15.4% | 13.8% | 7.2% | 10.4% |
| FMDE Tax Cost Ratio | na | na | 0.4% | 0.5% | 1.2% | 1.3% |
FMDE Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FMDE Return (NAV) | 16.1% | 12.1% | 21.2% | 15.9% | -14.2% | 24.1% | 15.4% | 27.3% | -11.7% | 18.4% | 13.5% |
| FMDE Grade | C | B | A | D | C | C | C | C | D | C | D |
| +/- Category | 2.4% | 4.2% | 7.7% | -0.5% | 0.9% | -0.1% | 1.9% | -1.2% | -1.5% | 2.2% | -1.0% |
| Mid-Cap Blend Avg | 13.6% | 7.9% | 13.5% | 16.4% | -15.2% | 24.2% | 13.4% | 28.6% | -10.2% | 16.2% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 14.7% |
| Total Risk Index: | 1.21 - Average |
| Category Risk Index: | 0.94 - Average |
| Category Risk Grade: | C (43% Rank) |
| Beta: | 0.97 |
| R-Squared: | 73% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.0% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $8219 Mil |
| Fund Total Assets: | $8,219 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 78% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 11.9 years | |||
| Average Tenure: 7.3 years | |||
| Managers (Year): Naik Shashi (2014), Mitelman-Lester Anna (2019), Liu George (2023) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 495 |
| % in Top 10 Holdings: | 9.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.4% |
Portfolio Allocation |
|
| Domestic Stock: | 96.1% |
| Foreign Stock: | 1.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.2% |
| Cash: | 2.7% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 800-225-5288 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | December 20, 2007 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.23% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Fidelity Enhanced Mid Cap Core ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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