Which returned more over the last year, FMDE or FTC?

In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and FTC +7.9%.

Which is cheaper, FMDE or FTC?

FMDE is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FMDE and FTC overlap with the S&P 500?

By their latest filed holdings, 60% of FMDE and 75% of FTC by weight is stocks the S&P 500 already holds.

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FMDE vs FTC: Differences, Returns & Fees

FMDE and FTC hold 24% of their weight in the same names, and FMDE returned +17.2% over the year. Net assets: $8.1bn on Sep 30, 2026 for Fidelity Enhanced Mid Cap Core ETF, and $1.3bn on Oct 20, 2026 for First Trust Large Cap Growth AlphaDEX Fund.

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Answers cite the figures on this page.

FMDE costs 0.35 points a year less; their one-year returns differ by 9.3 points.

FMDE vs FTC: Differences, Returns & Fees
	FMDE	FTC
Expense ratio	0.23%	0.58%
Net assets, FMDE as of Sep 30, 2026 and FTC as of Oct 20, 2026	$8.1bn	$1.3bn
Total return, 1 year	+17.2%	+7.9%
What it tracks	No index, actively managed	Nasdaq AlphaDEX Large Cap Growth Index
Holdings in common	24%
Top ten holdings, share of the fund	9.8%	9.6%
Below its high	3.1%, high on Aug 14, 2026	10.5%, high on Jun 22, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.

+17.2%

FMDE total return, 1 year

+7.9%

FTC total return, 1 year

0.23%

FMDE expense ratio

0.58%

FTC expense ratio

What they hold in common

By the books each fund has filed, FMDE and FTC hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

50%

half

24% in common

Positions both hold, largest shared weight first

Holding FMDE FTC

KEYSIGHT TECHNOLOGIES INC 1.01% 0.85%

COMFORT SYSTEMS USA INC 0.99% 0.82%

ILLUMINA INC 0.78% 0.89%

EXPEDIA GROUP INC 0.76% 1.03%

F5 INC 0.81% 0.75%

NORTHERN TRUST CORP 0.75% 0.72%

GARMIN LTD 0.67% 0.74%

INCYTE CORP 0.64% 0.86%

MONGODB INC 0.63% 0.74%

TERADYNE INC 1.16% 0.62%

GRAINGER (W.W.) INC 0.65% 0.57%

FORTINET INC 0.56% 0.89%

Only in FMDE

BANK NEW YORK MELLON CORP 0.99%

HOWMET AEROSPACE INC 0.98%

L3HARRIS TECHNOLOGIES INC 0.97%

HUMANA INC 0.96%

ALLSTATE CORP 0.94%

MARATHON PETROLEUM CORP 0.91%

KINDER MORGAN INC DEL 0.90%

STATE STREET CORP 0.87%

Only in FTC

Expeditors International of Washington, Inc. 0.99%

SharkNinja Inc. 0.97%

Workday, Inc. (Class A) 0.95%

DexCom, Inc. 0.92%

Agilent Technologies, Inc. 0.91%

Everpure, Inc. (Class A) 0.90%

Amphenol Corporation 0.88%

NVIDIA Corporation 0.88%

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On the same fields

FMDE

Fidelity Enhanced Mid Cap Core ETF

FTC

First Trust Large Cap Growth AlphaDEX Fund

Where it sits Stock ETF Stock ETF

Issuer Fidelity First Trust

What it is Actively managed Tracks an index

Total return, 1 year +17.2% +7.9%

Its benchmark over the same days not measured +15.8% (IVV)

Gap to its benchmark not measured −8.0 pts vs IVV

Expense ratio 0.23% 0.58%

Already in the S&P 500 59.7% 75.0%

Holdings 421 187

Net assets, FMDE as of Sep 30, 2026 and FTC as of Oct 20, 2026 $8.1bn $1.3bn

FMDE and FTC on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FMDE

FMDE is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +17.2% with distributions reinvested. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 60% of the fund by weight is stocks the S&P 500 also holds, across 421 positions, with the top ten at 9.8%. It sat 3.1% below its high of Aug 14, 2026 on Oct 20, 2026.

About FTC

FTC tracks an index. Over the year to Oct 20, 2026 it returned +7.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.58% a year. By its holdings published by its issuer for Oct 19, 2026, 75% of the fund by weight is stocks the S&P 500 also holds, across 187 positions, with the top ten at 9.6%. It sat 10.5% below its high of Jun 22, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FMDE or FTC?: In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and FTC +7.9%.
Which is cheaper, FMDE or FTC?: FMDE is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FMDE and FTC overlap with the S&P 500?: By their latest filed holdings, 60% of FMDE and 75% of FTC by weight is stocks the S&P 500 already holds.

Other comparisons

FMDE vs MOAT FMDE vs SPTM FMDE vs SCHM FMDE vs SPMD FTC vs VFLO FTC vs XMMO FTC vs IJK FTC vs MOAT

FMDE on its own →FTC on its own →Hold both: look the portfolio through →Rankings →FMDE dividend history →FMDE holdings →FTC dividend history →FTC holdings →Standards and sources →

Where these figures came from

FMDE filings on SEC EDGAR ↗FMDE prospectus with the expense ratio (SEC) ↗Fidelity website ↗FTC filings on SEC EDGAR ↗FTC prospectus with the expense ratio (SEC) ↗First Trust page for FTC ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FMDE against FTC, data as of Oct 20, 2026. https://etfiq.com/compare/any/fmde-vs-ftc

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.