Data as of .
FDFF vs FMED: which is really different?
FDFF and FMED hold 0% of their weight in the same names, and FMED returned more over the year.
ETFIQ Off-Index Score: FDFF scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, FDFF and FMED hold 0% of their money in the same securities at the same weight.
| Only in FDFF | Only in FMED |
|---|---|
| BLACKROCK INC 6.00% | UCB SA 4.75% |
| DBS GROUP HOLDINGS LTD 5.82% | LIFESTANCE HEALTH GROUP INC 4.29% |
| CAPITAL ONE FINANCIAL CORP 5.43% | DANAHER CORP 3.43% |
| BANKINTER SA 4.91% | 10X GENOMICS INC 3.12% |
| FINECOBANK SPA 4.52% | INTUITIVE SURGICAL INC 2.93% |
| APOLLO GLOBAL MANAGEMENT, INC 4.47% | COGENT BIOSCIENCES INC 2.86% |
| VISA INC 4.33% | ALNYLAM PHARMACEUTICALS INC 2.80% |
| BLOCK INC 4.17% | ARGENX SE 2.79% |
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 May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FDFF | FMED | FDFF | FMED | FDFF | FMED | |
| 3 months | +8.2% | +21.3% | +5.9 pts | +19.0 pts | +10.6 pts | +23.7 pts |
| 6 months | +16.3% | +32.3% | −1.8 pts | +14.3 pts | −8.0 pts | +8.0 pts |
| 1 year | −4.9% | +28.3% | −21.5 pts | +11.7 pts | −26.7 pts | +6.5 pts |
| 3 years | +41.4% | +39.6% | −37.0 pts | −38.8 pts | −56.7 pts | −58.5 pts |
| Since launch | +45.6% | +25.8% | −37.8 pts | −57.6 pts | −58.3 pts | −78.1 pts |
| FDFF Fidelity Disruptive Finance ETF Holds 45 stocks in broad innovation and megatrends, 45% of its weight in S&P 500 companies | FMED Fidelity Disruptive Medicine ETF Holds 68 stocks in broad innovation and megatrends, 25% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Fidelity | Fidelity |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 45.1% | 25.4% |
| Active share vs the S&P 500 | 97.4% | 97.1% |
| In the Nasdaq-100 | 2.4% | 8.7% |
| Holdings | 45 | 68 |
| Top ten, share of the fund | 47.5% | 31.5% |
| Expense ratio | 0.50% | 0.50% |
| Fee for the differing part | 0.51% | 0.51% |
| Total return, 1 year | −4.9% | +28.3% |
| vs the S&P 500 | −21.5 pts | +11.7 pts |
| vs the Nasdaq-100 | −26.7 pts | +6.5 pts |
| Below its high | −8.3% | −3.8% |
| Net assets | $47m | $52m |
FDFF in plain words
By weight, 45% of FDFF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 48% of the fund across 45 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned −4.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.5 pts. It sits 8.3% below its all-time high of Jan 30, 2025.
FMED in plain words
By weight, 25% of FMED's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 68 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +28.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 11.7 pts.
Questions people ask
- Do FDFF and FMED hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, FDFF or FMED?
- FDFF has 45% of its weight in S&P 500 names and FMED has 25%, so FDFF differs more from the index.
- Which is cheaper, FDFF or FMED?
- FDFF charges 0.50% a year and FMED charges 0.50%, so FDFF is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, FDFF against FMED, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdff-vs-fmed Free to use with attribution; the underlying files are at Open data.