AMEX · inception 2023-11-20 · beta 0.94 · avg volume 900,014 · holdings as of 2026-10-15 · prices through 2026-10-16
AUM$8.0B
Holdings509
Top-10 weight9.6%
1-yr return+15.2%
Max drawdown 5y-21.1%
Volatility 1y13.5%
Performance vs S&P 500 (SPY)
■ FMDE■ SPY
Total return
1m
3m
6m
YTD
1y
3y
5y
FMDE
-0.1%
+1.9%
+6.5%
+12.0%
+15.2%
—
—
SPY
+0.3%
+2.9%
+7.5%
+11.7%
+15.1%
+80.0%
+84.9%
Rebased to 100 five years ago, weekly adjusted closes. Max drawdown is the largest peak-to-trough fall in that window (trough 2025-04-08). 3y and 5y returns are cumulative.
Top holdings
#
Ticker
Name
Weight
1
CASH CF
1.60%
2
MPC
MARATHON PETROLEUM CORP
1.45%
3
SNOW
SNOWFLAKE INC
1.04%
4
ALL
ALLSTATE CORPORATION
0.97%
5
KEYS
KEYSIGHT TECHNOLOGIES INC
0.95%
6
AME
AMETEK INC NEW
0.92%
7
NUE
NUCOR CORP
0.92%
8
OXY
OCCIDENTAL PETROLEUM CORP
0.85%
9
HUM
HUMANA INC
0.83%
10
LHX
L3HARRIS TECHNOLOGIES INC
0.83%
Exposure
Sector
Technology24.1%
Industrials16.2%
Healthcare12.5%
Financial Services12.1%
Consumer Cyclical9.4%
Energy6.5%
Real Estate5.3%
Basic Materials4.6%
Utilities4.1%
Consumer Defensive2.9%
Communication Services1.2%
Country
US94.0%
IE1.4%
GB1.4%
Unclassified1.1%
CH0.7%
NL0.4%
KY0.4%
PR0.1%
BM0.1%
LU0.1%
AU0.1%
Weights of holdings joined to company profiles; bonds, cash and derivatives fall under Unclassified.
InsiderStreet scores of the holdings
Holdings-weighted score
Score
Percentile vs ETFs
Overall
57/100
43
Quality
69/100
35
Profitability
54/100
27
Balance sheet
58/100
26
Earnings quality
66/100
27
Growth
58/100
50
Value
51/100
44
Momentum
76/100
44
Risk (safety)
72/100
39
Portfolio fundamentals
Value
P/E
24.6
P/B
4.1
P/S
1.8
Earnings yield
4.1%
FCF yield
5.3%
ROE
15.2%
Net margin
6.3%
Revenue growth (yoy)
+16.1%
Dividend yield
1.36%
Debt / equity
0.98
Scores are weighted by holding; 99% of the fund's weight is in companies we score. Percentile ranks the fund among ETFs with at least half their weight scored. A score describes the holdings, not the outlook for the fund.
Most similar ETFs by holdings overlap
ETF
Name
Overlap
Shared holdings
AUM
FEMV
Fidelity Enhanced Mid Cap Value ETF
62.2%
208
$5.4M
IWR
iShares Russell Mid-Cap ETF
44.5%
344
$56.1B
NIZ
40.8%
330
—
BRMAX
iShares Russell Mid-Cap Index Inv A
39.2%
252
$2.5B
BRMKX
iShares Russell Mid-Cap Index K
39.2%
252
$2.5B
AVMC
Avantis U.S. Mid Cap Equity ETF
38.8%
264
$312.9M
Overlap = sum over shared holdings of the smaller of the two weights.