FMDE vs SMIZ
Fidelity Enhanced Mid Cap Core ETF against Zacks Small/Mid Cap ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
17%
75 shared positions
Fee gap
32 bp
FMDE is cheaper
1-year return gap
5.9 pts
FMDE is ahead
Larger fund
FMDE
$8.5B
Side by side
| FMDE | SMIZ | |
|---|---|---|
| Fund | Fidelity Enhanced Mid Cap Core ETF | Zacks Small/Mid Cap ETF |
| Issuer | Fidelity | Zacks |
| Category | Multi-Factor | Mid Cap Blend |
| Expense ratio | 0.23% | 0.55% |
| Assets | $8.5B | $258M |
| Average daily dollar volume | $40M | $2.0M |
| Listed | Dec 20, 2007 | Oct 2, 2023 |
| FrenzyCap score | 88 | 53 |
| 1-month return | +1.7% | −0.3% |
| 3-month return | +3.3% | −3.0% |
| Year to date | +14.7% | +11.8% |
| 1-year return | +16.5% | +10.7% |
| 30-day volatility | 11.4% | 13.4% |
| Worst drawdown, 1 year | −8.6% | −10.5% |
| Trailing 12-month yield | 1.04% | 0.55% |
| Holdings | 523 | 200 |
| Top 10 weight | 9.5% | 11.7% |
| Look-through P/E | 24.5 | 24.6 |
| Holdings vs fair value | +13.6% | +16.2% |
| Holdings above 200-day average | 65% | 64% |
| Net flow, latest 3 reported months | +$730M thru Jun 2026 | +$33M thru May 2026 |
| 30-day implied volatility | 17.6% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 2, 2026third-party data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
22% of FMDE · 36% of SMIZ| Holding | FMDE | SMIZ |
|---|---|---|
| EXPE | 0.80% | 0.84% |
| NTRS | 0.69% | 0.96% |
| FIX | 0.68% | 1.11% |
| ALL | 1.01% | 0.67% |
| SNOW | 0.98% | 0.63% |
| ILMN | 0.68% | 0.60% |
| CBOE | 0.53% | 0.68% |
| WAB | 0.52% | 0.54% |
| FTNT | 0.46% | 0.55% |
| DDOG | 0.44% | 0.44% |
| AIZ | 0.60% | 0.44% |
| VST | 0.50% | 0.44% |
| ZM | 0.44% | 0.50% |
| GLPI | 0.59% | 0.41% |
| LFUS | 0.41% | 0.78% |
| LITE | 0.39% | 0.58% |
| GRMN | 0.53% | 0.35% |
| NUE | 0.92% | 0.34% |
| DOCU | 0.72% | 0.33% |
| ED | 0.60% | 0.32% |
| CRDO | 0.32% | 0.38% |
| HEI | 0.32% | 0.56% |
| OXY | 0.86% | 0.32% |
| DOW | 0.39% | 0.31% |
| PSX | 0.31% | 0.88% |
Sector mix of the stock holdings
| Sector | FMDE | SMIZ | Gap |
|---|---|---|---|
| Industrials | 24.1% | 22.7% | +1.4% |
| Technology | 22.9% | 23.0% | −0.1% |
| Financials | 11.8% | 18.7% | −6.9% |
| Health Care | 11.3% | 8.7% | +2.6% |
| Consumer Discretionary | 5.7% | 6.6% | −0.9% |
| Materials | 4.9% | 6.5% | −1.6% |
| Real Estate | 5.3% | 3.4% | +1.9% |
| Utilities | 5.5% | 1.9% | +3.7% |
| Energy | 3.8% | 2.2% | +1.6% |
| Consumer Staples | 2.7% | 2.1% | +0.6% |
| Communication Services | 0.8% | 0.6% | +0.2% |
| Other | 0.1% | 0.0% | +0.1% |
More: full overlap table · FMDE holdings · SMIZ holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.