See what your fund actually adds
Fidelity Enhanced Mid Cap Core ETF FMDE
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FMDE | Replication |
|---|---|---|
| Annualized growth | 9.9% | 7.4% |
| Annualized volatility | 17.3% | 17.3% |
| Sharpe ratio | 0.63 | 0.50 |
| Maximum drawdown | 22.6% | 25.2% |
| Replication fit (R²) | 0.98 · Tracking error 2.4% | |
Replication portfolio
The published portfolio below is the investable basket used to model FMDE’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VOT | Mid-Cap · Growth | 35.1% |
| VOE | Mid-Cap · Value | 31.2% |
| IJH | US Mid Cap | 18.6% |
| VBR | Small-Cap · Value | 15.0% |