Performance analysis of FMDE (FIDELITY ENHANCED MID CAP ETF)
Annual Return
Since Nov 20, 2023, FMDE has had an average annual return of +21.60%, underperforming the benchmark SPY, which returned +23.63% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +10.39% | +12.19% | +21.76% | +8.91% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.18% | +3.39% | -5.23% | +7.04% | +3.12% | +0.88% | +10.39% | ||||||
| 2025 | +4.86% | -3.37% | -5.53% | +0.35% | +5.53% | +4.02% | +1.18% | +2.90% | +1.23% | -1.16% | +1.90% | +0.21% | +12.19% |
| 2024 | +0.04% | +6.87% | +4.97% | -5.35% | +2.65% | -0.48% | +3.97% | +2.82% | +2.46% | +0.35% | +9.26% | -6.56% | +21.76% |
| 2023 | +1.44% | +7.36% | +8.91% |
Drawdown analysis of FMDE (FIDELITY ENHANCED MID CAP ETF)
The maximum drawdown for the FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 71 trading sessions.
The current FMDE drawdown is -0.20%.
Since Nov 20, 2023 FMDE has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.10% | Dec 4, 2024 | 84 | Apr 8, 2025 | 71 | Jul 22, 2025 | 155 |
| -8.32% | Feb 26, 2026 | 22 | Mar 30, 2026 | 13 | Apr 17, 2026 | 35 |
| -6.78% | Jul 16, 2024 | 14 | Aug 5, 2024 | 12 | Aug 21, 2024 | 26 |
| -6.52% | Mar 27, 2024 | 16 | Apr 19, 2024 | 59 | Jul 16, 2024 | 75 |
| -5.69% | Sep 18, 2025 | 45 | Nov 20, 2025 | 5 | Nov 28, 2025 | 50 |
| -3.98% | Aug 30, 2024 | 4 | Sep 6, 2024 | 8 | Sep 18, 2024 | 12 |
| -3.02% | Jan 15, 2026 | 14 | Feb 5, 2026 | 10 | Feb 20, 2026 | 24 |
| -2.86% | Dec 28, 2023 | 4 | Jan 4, 2024 | 16 | Jan 29, 2024 | 20 |
| -2.61% | May 6, 2026 | 9 | May 19, 2026 | 3 | May 22, 2026 | 12 |
| -2.59% | Nov 11, 2024 | 4 | Nov 15, 2024 | 5 | Nov 22, 2024 | 9 |
| -2.41% | Jul 25, 2025 | 5 | Aug 1, 2025 | 8 | Aug 13, 2025 | 13 |
| -2.28% | Oct 18, 2024 | 10 | Nov 1, 2024 | 3 | Nov 6, 2024 | 13 |
| -2.21% | Dec 11, 2025 | 4 | Dec 17, 2025 | 11 | Jan 5, 2026 | 15 |
| -2.04% | Apr 20, 2026 | 7 | Apr 29, 2026 | 4 | May 5, 2026 | 11 |
| -1.82% | Feb 20, 2026 | 1 | Feb 23, 2026 | 2 | Feb 25, 2026 | 3 |
| -1.78% | Feb 12, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
| -1.66% | Dec 19, 2023 | 1 | Dec 20, 2023 | 3 | Dec 26, 2023 | 4 |
| -1.52% | Jan 29, 2024 | 2 | Jan 31, 2024 | 2 | Feb 2, 2024 | 4 |
| -1.40% | Feb 15, 2024 | 3 | Feb 21, 2024 | 2 | Feb 23, 2024 | 5 |
| -1.38% | Aug 13, 2025 | 2 | Aug 15, 2025 | 5 | Aug 22, 2025 | 7 |
| -1.14% | Aug 28, 2025 | 3 | Sep 3, 2025 | 3 | Sep 8, 2025 | 6 |
| -1.12% | Mar 4, 2024 | 1 | Mar 5, 2024 | 2 | Mar 7, 2024 | 3 |
| -1.03% | Feb 2, 2024 | 1 | Feb 5, 2024 | 2 | Feb 7, 2024 | 3 |
| -0.93% | Mar 13, 2024 | 1 | Mar 14, 2024 | 3 | Mar 19, 2024 | 4 |
| -0.90% | Sep 11, 2025 | 3 | Sep 16, 2025 | 2 | Sep 18, 2025 | 5 |