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

In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and SPMD +13.5%.

Which is cheaper, FMDE or SPMD?

SPMD is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 60% of FMDE and 0% of SPMD by weight is stocks the S&P 500 already holds.

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FMDE vs SPMD: Differences, Returns & Fees

FMDE and SPMD hold 20% 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 $18.4bn on Oct 20, 2026 for State Street SPDR Portfolio S&P 400 Mid Cap ETF.

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Answers cite the figures on this page.

SPMD costs 0.20 points a year less; their one-year returns differ by 3.7 points; SPMD is 2.2 times larger.

FMDE vs SPMD: Differences, Returns & Fees
	FMDE	SPMD
Expense ratio	0.23%	0.03%
Net assets, as of Sep 30, 2026	$8.1bn	$17.9bn
Total return, 1 year	+17.2%	+13.5%
What it tracks	No index, actively managed	S&P MidCap 400 Index
Holdings in common	20%
Top ten holdings, share of the fund	9.8%	7.1%
Below its high	3.1%, high on Aug 14, 2026	6.8%, 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

+13.5%

SPMD total return, 1 year

0.23%

FMDE expense ratio

0.03%

SPMD expense ratio

What they hold in common

By the books each fund has filed, FMDE and SPMD hold 20% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

50%

half

20% in common

Positions both hold, largest shared weight first

Holding FMDE SPMD

TECHNIPFMC PLC 0.63% 0.81%

CURTISS-WRIGHT CORP 0.71% 0.54%

WESCO INTERNATIONAL INC 0.51% 0.49%

MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC 0.46% 0.55%

WOODWARD INC 0.46% 0.57%

EXELIXIS INC 0.60% 0.46%

TD SYNNEX CORP 0.46% 0.59%

DOCUSIGN INC 0.48% 0.43%

PINNACLE FINANCIAL PARTNERS INC 0.46% 0.42%

ITT INC 0.40% 0.52%

LAMAR ADVERTISING CO 0.41% 0.39%

CARPENTER TECHNOLOGY CORP 0.38% 0.55%

Only in FMDE

TERADYNE INC 1.16%

KEYSIGHT TECHNOLOGIES INC 1.01%

COMFORT SYSTEMS USA INC 0.99%

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%

Only in SPMD

ATI INC 0.76%

UNITED THERAPEUTICS CORP 0.69%

ENTEGRIS INC 0.65%

OVINTIV INC 0.57%

NUTANIX INC A 0.54%

EAST WEST BANCORP INC 0.51%

BURLINGTON STORES INC 0.49%

SHARKNINJA INC 0.46%

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On the same fields

FMDE

Fidelity Enhanced Mid Cap Core ETF

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

Where it sits Stock ETF Stock ETF

Issuer Fidelity State Street

What it is Actively managed Tracks an index

Total return, 1 year +17.2% +13.5%

Its benchmark over the same days not measured +13.4% (IJH)

Gap to its benchmark not measured +0.1 pts vs IJH

Expense ratio 0.23% 0.03%

Already in the S&P 500 59.7% 0.0%

Holdings 421 401

Net assets, FMDE as of Sep 30, 2026 and SPMD as of Oct 20, 2026 $8.1bn $18.4bn

FMDE and SPMD 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 SPMD

SPMD tracks an index. Over the year to Oct 20, 2026 it returned +13.5% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.03% 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 401 positions, with the top ten at 7.1%. It sat 6.8% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FMDE or SPMD?: In the year to Oct 20, 2026, with distributions reinvested, FMDE returned +17.2% and SPMD +13.5%.
Which is cheaper, FMDE or SPMD?: SPMD is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FMDE and SPMD overlap with the S&P 500?: By their latest filed holdings, 60% of FMDE and 0% of SPMD by weight is stocks the S&P 500 already holds.

Other comparisons

FMDE vs SCHM FMDE vs MDY FMDE vs VXF FMDE vs IJK SPMD vs VFLO SPMD vs XMMO IJK vs SPMD MOAT vs SPMD

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

Where these figures came from

FMDE filings on SEC EDGAR ↗FMDE prospectus with the expense ratio (SEC) ↗Fidelity website ↗SPMD filings on SEC EDGAR ↗SPMD prospectus with the expense ratio (SEC) ↗State Street website ↗

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 SPMD, data as of Oct 20, 2026. https://etfiq.com/compare/any/fmde-vs-spmd

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