FMDE icon

Fidelity Enhanced Mid Cap ETF

33.22 USD
+0.40
1.22%
At close Dec 20, 4:00 PM EST
1 day
1.22%
5 days
-2.98%
1 month
-2.49%
3 months
4.56%
6 months
12.69%
Year to date
22.18%
1 year
23.13%
5 years
32.40%
10 years
32.40%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

206% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 16

65% more capital invested

Capital invested by funds: $222M [Q2] → $366M (+$144M) [Q3]

5.63% more ownership

Funds ownership: 13.45% [Q2] → 19.08% (+5.63%) [Q3]

1% more funds holding

Funds holding: 90 [Q2] → 91 (+1) [Q3]

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

Research analyst outlook

We haven’t received any recent analyst ratings for FMDE.

Financial journalist opinion

Positive
Seeking Alpha
3 weeks ago
FMDE: An Option For Diversified Exposure To Mid-Cap Stocks
FMDE offers exposure to mid-cap U.S. companies using a quantitative methodology, focusing on valuation, growth, and profitability indicators to outperform the Russell Midcap index. The fund has a diversified portfolio with lower valuations than its benchmark, making it a conservative mid-cap investment option. FMDE's sector allocation closely mirrors the Russell Midcap index, but with slightly overweight positions in technology and consumer discretionary, and underweight in real estate and consumer staples.
FMDE: An Option For Diversified Exposure To Mid-Cap Stocks
Positive
ETF Trends
2 months ago
Fidelity Slashes Price on Its Active High Yield ETF
Fidelity Investments is making changes to its active high yield ETF, effectively lowering costs for investors. The fund's name changed from The Fidelity High Yield Factor ETF to the Fidelity Enhanced High Yield ETF on Oct. 10.
Fidelity Slashes Price on Its Active High Yield ETF
Positive
ETF Trends
2 months ago
6 ETFs to Enhance Your Equity Portfolio
While some debate the merits of active versus passive investment, advisors and investors no longer have to choose one over the other. The Fidelity Enhanced ETFs offer the best of both worlds by providing exposures similar to core equity benchmarks but with the benefits of active management.
6 ETFs to Enhance Your Equity Portfolio
Positive
Seeking Alpha
3 months ago
FMDE: An Excellent All Weather ETF For Mid-Cap Investors
FMDE is an actively managed mid-cap blend ETF, offering investors "enhanced" exposure to the Russell 1000 Index. Its ER is 0.23% and the fund has $1.85 billion in assets. Managers take an all-weather approach to investing, which I find reasonable, given the difficulty in predicting which factors markets will favor next. My independent analysis confirms the fund is delivered as advertised. FMDE ranks well on the growth, momentum, and quality factors, and close to average on value, while maintaining sufficient diversification.
FMDE: An Excellent All Weather ETF For Mid-Cap Investors
Positive
ETF Trends
3 months ago
Fidelity Offers Core Equity Exposure with Active Benefits
Many funds exist for equity investors, but few combine the benefits of core exposures alongside active management. The Fidelity Enhanced ETF suite seeks to outperform its benchmarks through its active strategy.
Fidelity Offers Core Equity Exposure with Active Benefits
Positive
ETF Trends
4 months ago
3 Funds for Bullish SMID Investors
Small cap stocks experienced a flux of inflows in mid-July as investor rate cut hopes soared. Fidelity offers three actively managed ETFs for investors looking for opportunity in the SMID (small and mid cap) space.
3 Funds for Bullish SMID Investors
Positive
ETF Trends
7 months ago
The Potential Benefits of Fidelity's Enhanced ETF Core Equity Suite
A plethora of strategies exist for investors looking for core equity exposure, but investors may want to consider the Fidelity Enhanced ETF equity suite. These ETFs, converted from mutual funds last November, carried over 15 years of trading for the strategies while seeking to outperform their various benchmarks.
The Potential Benefits of Fidelity's Enhanced ETF Core Equity Suite
Positive
ETF Trends
8 months ago
Time for Midcaps? Consider Active Midcap ETF FMDE
If the market narrative in 2023 focused heavily on the so-called “Magnificent Seven,” then where does the story turn in 2024? Midcap firms may now be taking center stage given they've had appealing valuations.
Time for Midcaps? Consider Active Midcap ETF FMDE
Positive
ETF Trends
1 year ago
Fidelity Launches Six Active Equity ETF Conversions
Fidelity Investments has completed six mutual-fund-to-ETF conversions, bringing its total ETF roster to 64 total ETFs.
Fidelity Launches Six Active Equity ETF Conversions
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