FMDE — Fidelity Enhanced Mid Cap ETF
Data updated: 2026-05-26
FMDE — Fidelity Enhanced Mid Cap ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Mid Cap Blend / Core Equity · $5.88B AUM · 0.23% expense ratio · 16.1% 1-yr return. From SEC regulatory filings.
FMDE Fund Overview
FMDE — Fidelity Enhanced Mid Cap ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Covington Trust
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $5.88B
- 1-year return: 16.1%
- Ticker: FMDE
- SEC CIK: 0000945908
- SEC series ID: S000081803
- Share class ID: C000244834
FMDE Holdings
Top 10 holdings of Fidelity Enhanced Mid Cap ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 1.33% |
| Howmet Aerospace, Inc. | 1.21% |
| Western Digital Corp. | 1.19% |
| Bank New York Mellon Corp. | 1.18% |
| Marathon Petroleum Corp. | 1.13% |
| Kinder Morgan, Inc. Del | 1.05% |
| Corteva, Inc. | 1.01% |
| Cheniere Energy, Inc. | 1.00% |
| Simon Property Group, Inc. | 0.99% |
| Electronic Arts, Inc. | 0.93% |
FMDE Portfolio Allocation
Asset-class allocation of Fidelity Enhanced Mid Cap ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 2.0% |
| Fixed Income | 0.1% |
FMDE Performance
Total returns for FMDE (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.7% |
| 1 year | 16.1% |
| 3 years (annualised) | 17.4% |
FMDE Risk Information
Risk metrics for FMDE, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
FMDE Costs and Fees
FMDE costs about $23 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.23%
- Gross expense ratio: 0.23%
- Portfolio turnover: 70%
- Brokerage commissions: 3.00 bps of average net assets (SEC N-CEN)
FMDE Cashflows
Over the 12 months to 2026-03, Fidelity Enhanced Mid Cap ETF had net inflows of $3.09B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $709.52M |
| 2026-02 | $216.48M |
| 2026-01 | $426.37M |
| 2025-12 | $201.89M |
| 2025-11 | $209.71M |
| 2025-10 | $495.59M |
FMDE Debt Constituents
Largest debt holdings of Fidelity Enhanced Mid Cap ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 0.08% |
| Ust Bills | 0.02% |
| Ust Bills | 0.01% |
FMDE Prospectus and SEC Filings
Official Fidelity Enhanced Mid Cap ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.