Summary
FMDE
Prices · period metrics · 12M
NAV as of 03/06/2026
30/05/2025 → 28/05/2026
Return 20.62% Volatility 13.67% Sharpe 1.28
Official loaded data — not a live quote.

FIDELITY ENHANCED MID CAP ETF

Symbol: FMDE

Exchange: NYSE

Sector: Technology

Category: Mid-Cap Blend

Inception date: 20/12/2007

Latest date: 03/06/2026

Current price: $40.04

Expense ratio: 0.23%

Assets under management
$6.5B
0.07% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

4.14%

Ann. 61.34% (Sharpe / Sortino numerator)

Volatility

12.71%

Sharpe ratio

4.541

VaR 95%

-1.18%

CVaR 95%: -1.32%
Max drawdown: -2.60%
Sortino ratio: 7.512
Calmar ratio: 23.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.01%

Ann. 18.92% (Sharpe / Sortino numerator)

Volatility

15.41%

Sharpe ratio

0.992

VaR 95%

-1.44%

CVaR 95%: -1.64%
Max drawdown: -7.87%
Sortino ratio: 1.704
Calmar ratio: 2.40

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

10.80%

Ann. 20.10% (Sharpe / Sortino numerator)

Volatility

14.02%

Sharpe ratio

1.174

VaR 95%

-1.43%

CVaR 95%: -1.63%
Max drawdown: -8.33%
Sortino ratio: 1.976
Calmar ratio: 2.41

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

20.62%

Ann. 21.11% (Sharpe / Sortino numerator)

Volatility

13.67%

Sharpe ratio

1.279

VaR 95%

-1.43%

CVaR 95%: -1.71%
Max drawdown: -8.33%
Sortino ratio: 2.003
Calmar ratio: 2.54

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.078%

Best day

2.831%

31/03/2026
Worst day

-2.92%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $40.01 $40.14 $39.84 $40.04 380,700
02/06/2026 $39.92 $40.15 $39.88 $40.12 584,800
01/06/2026 $39.58 $39.99 $39.56 $39.91 925,900
29/05/2026 $39.73 $39.76 $39.55 $39.69 545,900
28/05/2026 $39.49 $39.74 $39.31 $39.61 910,800
27/05/2026 $39.65 $39.66 $39.40 $39.42 569,400
26/05/2026 $39.45 $39.66 $39.35 $39.55 590,300
22/05/2026 $39.03 $39.27 $38.95 $39.19 507,100
21/05/2026 $38.50 $38.85 $38.26 $38.76 1,003,600
20/05/2026 $38.27 $38.65 $38.01 $38.63 644,600