Performance analysis of FMED (FIDELITY DISRUPTIVE MEDICINE ETF)
Annual Return
Over the past 3 years, FMED has had an average annual return of +3.73%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Jun 12, 2023, FMED has had an average annual return of +3.91%, underperforming the benchmark SPY, which returned +20.44% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +4.80% | +9.69% | +2.29% | -4.20% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.40% | -1.74% | -6.27% | +0.97% | +1.45% | +13.35% | -0.62% | +4.80% | |||||
| 2025 | +6.69% | -4.34% | -6.19% | +1.33% | -2.23% | +2.39% | -1.17% | +3.53% | +1.79% | +5.10% | +9.98% | -6.19% | +9.69% |
| 2024 | -0.35% | +4.22% | +1.47% | -6.39% | -1.54% | +2.31% | +2.65% | +5.34% | +1.04% | -2.88% | +2.78% | -5.61% | +2.29% |
| 2023 | -0.71% | +1.07% | -5.90% | -7.29% | -8.41% | +6.11% | +12.59% | -4.20% |
Drawdown analysis of FMED (FIDELITY DISRUPTIVE MEDICINE ETF)
The maximum drawdown for the FMED was -21.84%, occurring on Oct 30, 2023. Recovery took 81 trading sessions.
The current FMED drawdown is -5.83%.
Since Jun 12, 2023 FMED has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.84% | Jul 21, 2023 | 70 | Oct 30, 2023 | 81 | Feb 27, 2024 | 151 |
| -19.46% | Jan 30, 2025 | 47 | Apr 8, 2025 | 139 | Oct 27, 2025 | 186 |
| -18.33% | Nov 28, 2025 | 82 | Mar 30, 2026 | 64 | Jul 1, 2026 | 146 |
| -8.49% | Feb 27, 2024 | 78 | Jun 18, 2024 | 44 | Aug 21, 2024 | 122 |
| -7.13% | Sep 19, 2024 | 41 | Nov 15, 2024 | 12 | Dec 4, 2024 | 53 |
| -6.80% | Dec 4, 2024 | 11 | Dec 19, 2024 | 26 | Jan 30, 2025 | 37 |
| -5.83% | Jul 9, 2026 | 7 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -4.70% | Oct 27, 2025 | 9 | Nov 7, 2025 | 2 | Nov 11, 2025 | 11 |
| -4.36% | Jun 13, 2023 | 16 | Jul 7, 2023 | 10 | Jul 21, 2023 | 26 |
| -1.91% | Aug 29, 2024 | 5 | Sep 6, 2024 | 4 | Sep 12, 2024 | 9 |
| -1.40% | Jul 7, 2026 | 1 | Jul 8, 2026 | 1 | Jul 9, 2026 | 2 |
| -1.34% | Nov 12, 2025 | 1 | Nov 13, 2025 | 4 | Nov 19, 2025 | 5 |
| -0.82% | Sep 16, 2024 | 1 | Sep 17, 2024 | 2 | Sep 19, 2024 | 3 |
| -0.51% | Nov 19, 2025 | 1 | Nov 20, 2025 | 1 | Nov 21, 2025 | 2 |
| -0.40% | Aug 23, 2024 | 1 | Aug 26, 2024 | 1 | Aug 27, 2024 | 2 |
| -0.16% | Aug 27, 2024 | 1 | Aug 28, 2024 | 1 | Aug 29, 2024 | 2 |
| -0.12% | Aug 21, 2024 | 1 | Aug 22, 2024 | 1 | Aug 23, 2024 | 2 |
| -0.04% | Jul 2, 2026 | 1 | Jul 6, 2026 | 1 | Jul 7, 2026 | 2 |