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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FENI vs MDY: how they differ

FENI and MDY hold 0% of their weight in the same names, and FENI returned more over the year.

Fidelity Enhanced International ETF and SPDR S&P MidCap 400 ETF Trust.

What they hold in common

By the books each fund has filed, FENI and MDY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FENIOnly in MDY
ASML HOLDING NV 4.11%TWILIO INC 0.86%
NESTLE SA 1.77%CARPENTER TECHNOLOGY CORP 0.85%
SIEMENS AG 1.63%MKS INC 0.83%
TOKYO ELECTRON LTD 1.46%CURTISS-WRIGHT CORP 0.77%
ABB LTD 1.34%ENTEGRIS INC 0.76%
HSBC HOLDINGS PLC 1.33%NVENT ELECTRIC PLC 0.76%
IBERDROLA SA 1.23%ATI INC 0.74%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22%ILLUMINA INC 0.73%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

FENI and MDY on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FENI
Fidelity Enhanced International ETF
MDY
SPDR S&P MidCap 400 ETF Trust
Where it sitsCore index fundCore index fund
IssuerFidelityState Street
What it isEnhanced InternationalS&P MidCap 400, book from IJH
Total return, 1 year+19.4%+13.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts−4.5 pts
Expense ratio0.28%0.23%
Already in the S&P 5000.0%0.0%
Holdings392400

FENI in plain words

FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.

MDY in plain words

MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FENI or MDY?
In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and MDY returned +13.0%, so FENI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FENI or MDY?
FENI charges 0.28% a year and MDY charges 0.23%, so MDY is cheaper. Fees come from each fund's prospectus.
How much do FENI and MDY overlap with the S&P 500?
By their latest filed holdings, 0% of FENI and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FENI against MDY, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FENI against MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-MDY Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources