Summary
FMDE
Prices · period metrics · 12M
NAV as of 20/07/2026
30/05/2025 → 28/05/2026
Return 17.47% 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: 20/07/2026

Current price: $40.27

Expense ratio: 0.23%

Assets under management
$7.4B
-0.64% 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

-0.12%

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

4.49%

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

9.51%

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

17.47%

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.

Period total return

35.68%

Ann. 16.32% (Sharpe / Sortino numerator)

Volatility

17.09%

Sharpe ratio

0.740

VaR 95%

-1.56%

CVaR 95%: -2.39%
Max drawdown: -21.10%
Sortino ratio: 1.009
Calmar ratio: 0.77

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

65.61%

Ann. 21.52% (Sharpe / Sortino numerator)

Volatility

16.02%

Sharpe ratio

1.114

VaR 95%

-1.51%

CVaR 95%: -2.20%
Max drawdown: -21.10%
Sortino ratio: 1.539
Calmar ratio: 1.02

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: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.068%

Best day

2.831%

31/03/2026
Worst day

-2.92%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $40.53 $40.59 $40.27 $40.27 1,022,100
17/07/2026 $40.28 $40.66 $40.28 $40.42 678,000
16/07/2026 $40.43 $40.70 $40.42 $40.61 745,800
15/07/2026 $40.71 $40.75 $40.34 $40.53 1,411,500
14/07/2026 $40.66 $40.81 $40.48 $40.57 530,200
13/07/2026 $40.57 $40.78 $40.42 $40.50 1,348,900
10/07/2026 $40.70 $40.72 $40.30 $40.58 687,800
09/07/2026 $40.36 $40.72 $40.36 $40.54 497,100
08/07/2026 $40.16 $40.17 $39.78 $40.11 873,600
07/07/2026 $40.64 $40.67 $40.30 $40.38 579,000