Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
FDVV vs MDY: how they differ
FDVV and MDY hold 0% of their weight in the same names, and FDVV returned more over the year.
Fidelity High Dividend ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, FDVV and MDY hold 0% of their money in the same securities at the same weight.
| Only in FDVV | Only in MDY |
|---|---|
| NVIDIA CORP 6.86% | Twilio Inc. Class A 1.00% |
| APPLE INC 5.70% | Illumina Inc. 0.86% |
| MICROSOFT CORP 4.50% | TechnipFMC plc 0.86% |
| BROADCOM INC 3.50% | Everpure Inc. Class A 0.84% |
| JPMORGAN CHASE and CO 2.58% | Okta Inc. Class A 0.81% |
| ALPHABET INC 2.21% | U.S. Dollar 0.80% |
| COCA COLA CO 1.85% | ATI Inc 0.77% |
| PROCTER and GAMBLE CO 1.81% | nVent Electric plc 0.71% |
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 Apr 30, 2026 and Sep 10, 2026.
| FDVV Fidelity High Dividend ETF | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | State Street |
| What it is | High Dividend | S&P MidCap 400 |
| Total return, 1 year | +17.2% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.3 pts | −4.5 pts |
| Expense ratio | 0.15% | 0.23% |
| Already in the S&P 500 | 86.7% | 0.0% |
| Holdings | 96 | 401 |
FDVV in plain words
FDVV is an index equity fund tracking the High Dividend. Over the year to Sep 11, 2026 it returned +17.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 96 positions, with the top ten at 32.5%.
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 Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.9%. 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, FDVV or MDY?
- In the year to Sep 13, 2026, with distributions reinvested, FDVV returned +17.2% and MDY returned +13.0%, so FDVV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FDVV or MDY?
- FDVV charges 0.15% a year and MDY charges 0.23%, so FDVV is cheaper. Fees come from each fund's prospectus.
- How much do FDVV and MDY overlap with the S&P 500?
- By their latest filed holdings, 87% of FDVV 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.
Cite this page. ETFIQ, FDVV against MDY, data as of Sep 13, 2026. https://etfiq.com/compare/any/fdvv-vs-mdy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources