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Fidelity Enhance Mid Cap ETF (FMDE) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Wed, Nov 13
Price34.38
Volume122k
Avg Vol131k
RSf89.2
$Vol(21d)6m
52 wk High34.86
52 wk Low24.58
Yield(ttm)0.86%
Inception:Nov 2023
Total Returns:
1 day-0.4%
5 day1.8%
1 month5.1%
3 month13.7%
6 month14.0%
9 month22.4%
1 year0.0%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)



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Correlated Funds

Most Directly Correlated
Vanguard US Momentum Factor ETFVFMO0.99  
Convergence Long/Short EquityCLSE0.99  
Invesco S&P 500 Pure GrowthRPG0.99  
First Trust Large Cap Core AlphaDEX FundFEX0.98  
iShares Russell MidCap Index FundIWR0.98  
WisdomTree US Multifactor FundUSMF0.98  
Vanguard Mid-CapVO0.98  
iShares Morningstar Mid Cap Growth ETFIMCG0.98  
First Trust Large Cap Growth Opportunities AlFTC0.98  
iShares Russell MidCap Growth Index FundIWP0.98  
Least Correlated
PIMCO Sr Loan ActiveLONZ0.02  
JPMorgan BetaBuilders Canada ETFBBCA0.02  
Invesco DWA Dev Mrkts Technical LdrsPIZ0.01  
PGIM Active High Yield Bond ETFPHYL0.00  
iShares MSCI Japan Value ETFEWJV0.00  
iShares Barclays TIPS Bond FundTIP-0.00  
Harbor Scientific Alpha Hi YldSIHY-0.01  
VanEck Vectors Vdo Gaming and eSprts ETFESPO-0.01  
Vanguard Short-Term Corp Bd Idx ETFVCSH-0.01  
AdvisorShares Pacific Asst Fl Rt ETFFLRT-0.02  
Most Inversely Correlated
ETFMG Alternative Harvest ETFMJ-0.92  
Direxion S&P 500 Bear 3X SharesSPXS-0.92  
Direxion Daily TSLA Bear 1X SharesTSLS-0.92  
AXS TSLA Bear Daily ETFTSLQ-0.92  
ProShares Short S&P 500SH-0.93  
Tuttle Capital Short Innovation ETFSARK-0.93  
AdvisorShares MSOS 2x DailyMSOX-0.95  
AdvisorShares Pure US Cannabis ETFMSOS-0.95  
US Treasury 12 Month Bill ETFOBIL-0.95  
ProShares Short Bitcoin StrategyBITI-0.96  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-11-08.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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