See what your fund actually adds

Fidelity Disruptive Medicine ETF FMED

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

FMED compared with its replication portfolio
MeasureFMEDReplication
Annualized growth9.0%13.3%
Annualized volatility19.3%13.8%
Sharpe ratio0.540.97
Maximum drawdown17.6%13.4%
Replication fit (R²)0.68 · Tracking error 10.9%

Replication portfolio

The published portfolio below is the investable basket used to model FMED’s historical return behavior.

FMED replication basket weights
TickerBuilding blockWeight
XLVSector · Healthcare61.0%
IWCMicro Cap18.3%
VOXSector · Communication14.7%
XLKSector · Technology3.3%
VBKSmall-Cap · Growth2.7%