FMDE vs IMCB: Differences, Returns & Fees

FMDE and IMCB hold 26% of their weight in the same names, and IMCB returned +19.2% over the year. Net assets: $8.1bn on Sep 30, 2026 for Fidelity Enhanced Mid Cap Core ETF, and $1.7bn on Oct 20, 2026 for iShares Morningstar Mid-Cap ETF.

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Answers cite the figures on this page.

IMCB costs 0.19 points a year less; their one-year returns differ by 2.0 points; FMDE is 4.9 times larger.

FMDE vs IMCB: Differences, Returns & Fees
FMDEIMCB
Expense ratio0.23%0.04%
Net assets, as of Sep 30, 2026$8.1bn$1.7bn
Total return, 1 year+17.2%+19.2%
What it tracksNo index, actively managedMorningstar US Mid Cap Index
Holdings in common26%
Top ten holdings, share of the fund9.8%7.9%
Below its high3.1%, high on Aug 14, 20263.3%, high on Aug 14, 2026

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

+17.2%
FMDE total return, 1 year
+19.2%
IMCB total return, 1 year
0.23%
FMDE expense ratio
0.04%
IMCB expense ratio

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What they hold in common

By the books each fund has filed, FMDE and IMCB hold 26% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

half

26% in common

Positions both hold, largest shared weight first
Holding FMDE IMCB
MARATHON PETROLEUM CORP 0.91% 0.93%
FORTINET INC 0.56% 0.75%
ROSS STORES INC 0.52% 0.52%
HEWLETT PACKARD ENTERPRISE CO 0.47% 0.52%
MOTOROLA SOLUTIONS INC 0.46% 0.53%
GENERAL MOTORS CO 0.45% 0.51%
ALLSTATE CORP 0.94% 0.43%
CARDINAL HEALTH INC 0.81% 0.41%
CHENIERE ENERGY INC 0.44% 0.41%
NUCOR CORP 0.76% 0.41%
KEYSIGHT TECHNOLOGIES INC 1.01% 0.40%
AIRBNB INC 0.40% 0.49%
Only in FMDE
BANK NEW YORK MELLON CORP 0.99%
HOWMET AEROSPACE INC 0.98%
AMETEK INC NEW 0.91%
KINDER MORGAN INC DEL 0.90%
ELECTRONIC ARTS INC 0.82%
VENTAS INC 0.81%
WESTERN DIGITAL CORP 0.73%
CRANE CO 0.67%
Only in IMCB
DELL TECHNOLOGIES INC CLASS C 0.91%
AUTOMATIC DATA PROCESSING INC 0.80%
FREEPORT MCMORAN INC 0.70%
BANK OF NEW YORK MELLON CORP 0.67%
EMERSON ELECTRIC 0.63%
MARSH 0.63%
US BANCORP 0.63%
CSX 0.62%

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On the same fields

FMDE
Fidelity Enhanced Mid Cap Core ETF
IMCB
iShares Morningstar Mid-Cap ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +17.2% +19.2%
Expense ratio 0.23% 0.04%
Already in the S&P 500 59.7% 86.3%
Holdings 421 394
Net assets, FMDE as of Sep 30, 2026 and IMCB as of Oct 20, 2026 $8.1bn $1.7bn

FMDE and IMCB 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 IMCB

IMCB tracks an index. Over the year to Oct 20, 2026 it returned +19.2% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 19, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 394 positions, with the top ten at 7.9%. It sat 3.3% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FMDE or IMCB?
In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and IMCB +19.2%.
Which is cheaper, FMDE or IMCB?
IMCB is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FMDE and IMCB overlap with the S&P 500?
By their latest filed holdings, 60% of FMDE and 86% of IMCB by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

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