FMDE — Fidelity Enhanced Mid Cap ETF
Data updated: 2026-09-11
FMDE — Fidelity Enhanced Mid Cap ETF. United States Mid Cap Blend / Core Equity · $7.39B AUM. Holdings, fees, performance and SEC 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: $7.39B
- 1-year return: 19.3%
- 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 |
|---|---|
| Teradyne, Inc. | 1.16% |
| Keysight Technologies, Inc. | 1.01% |
| Comfort Systems USA, Inc. | 0.99% |
| Bank New York Mellon Corp. | 0.99% |
| Howmet Aerospace, Inc. | 0.98% |
| L3harris Technologies, Inc. | 0.97% |
| Humana, Inc. | 0.96% |
| Fidelity Revere Street Trust | 0.95% |
| Allstate Corp. | 0.94% |
| Ametek, Inc. New | 0.91% |
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 | 98.6% |
| Cash & Equivalents | 1.7% |
| Fixed Income | 0.4% |
FMDE Performance
Total returns for FMDE (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.1% |
| 1 year | 19.3% |
| 3 years (annualised) | 21.2% |
FMDE Risk Information
Risk metrics for FMDE, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.0%
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: 2.65 bps of average net assets (SEC N-CEN)
FMDE Cashflows
Over the 12 months to 2026-06, Fidelity Enhanced Mid Cap ETF had net inflows of $3.67B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $263.82M |
| 2026-05 | $244.75M |
| 2026-04 | $221.48M |
| 2026-03 | $709.52M |
| 2026-02 | $216.48M |
| 2026-01 | $426.37M |
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 | 0.23% |
| Ust Bills | 0.08% |
| Ust Bills | 0.04% |
FMDE Prospectus and SEC Filings
Official Fidelity Enhanced Mid Cap ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus (485BPOS) — filed 2023-12-26
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-09-11
- Annual census (N-CEN) — filed 2025-09-11
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.