FMDE vs IJK: Differences, Returns & Fees
FMDE and IJK hold 12% 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 $10.5bn on Oct 20, 2026 for iShares S&P Mid-Cap 400 Growth ETF.
IJK costs 0.07 points a year less; their one-year returns differ by 2.3 points; IJK is 1.3 times larger.
| FMDE | IJK | |
|---|---|---|
| Expense ratio | 0.23% | 0.16% |
| Net assets, as of Sep 30, 2026 | $8.1bn | $10.3bn |
| Total return, 1 year | +17.2% | +14.9% |
| What it tracks | No index, actively managed | S&P MidCap 400 Growth Index |
| Holdings in common | 12% | |
| Top ten holdings, share of the fund | 9.8% | 13.5% |
| Below its high | 3.1%, high on Aug 14, 2026 | 8.1%, high on Aug 17, 2026 |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.
What they hold in common
By the books each fund has filed, FMDE and IJK hold 12% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.
half
12% in common
On the same fields
FMDE and IJK 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 IJK
IJK tracks an index. Over the year to Oct 20, 2026 it returned +14.9% with distributions reinvested, against +14.9% for its benchmark, the S&P MidCap 400 Growth Index. The prospectus expense ratio is 0.16% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 250 positions, with the top ten at 13.5%. It sat 8.1% below its high of Aug 17, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, FMDE or IJK?
- In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and IJK +14.9%.
- Which is cheaper, FMDE or IJK?
- IJK is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, FMDE against IJK, data as of Oct 20, 2026. https://etfiq.com/compare/any/fmde-vs-ijk
ETFIQ. (Oct 20, 2026). FMDE against IJK. Retrieved from https://etfiq.com/compare/any/fmde-vs-ijk
[FMDE against IJK (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/fmde-vs-ijk)
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