Summary
FMED
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 21.03% Volatility 21.15% Sharpe 0.05
Official loaded data — not a live quote.

FIDELITY DISRUPTIVE MEDICINE ETF

Symbol: FMED

Exchange: NASDAQ

Sector: Healthcare

Category: Health

Inception date: 16/04/2020

Latest date: 16/07/2026

Current price: $28.81

Expense ratio: 0.50%

Assets under management
$46.4M
-1.43% 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

12.08%

Ann. -44.05% (Sharpe / Sortino numerator)

Volatility

27.34%

Sharpe ratio

-1.744

VaR 95%

-2.60%

CVaR 95%: -2.76%
Max drawdown: -9.15%
Sortino ratio: -3.582
Calmar ratio: -4.82

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

11.99%

Ann. -29.50% (Sharpe / Sortino numerator)

Volatility

21.95%

Sharpe ratio

-1.509

VaR 95%

-1.87%

CVaR 95%: -2.56%
Max drawdown: -16.38%
Sortino ratio: -2.696
Calmar ratio: -1.80

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

4.89%

Ann. -5.36% (Sharpe / Sortino numerator)

Volatility

19.72%

Sharpe ratio

-0.456

VaR 95%

-1.86%

CVaR 95%: -2.29%
Max drawdown: -18.32%
Sortino ratio: -0.820
Calmar ratio: -0.29

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

21.03%

Ann. 4.71% (Sharpe / Sortino numerator)

Volatility

21.15%

Sharpe ratio

0.051

VaR 95%

-1.88%

CVaR 95%: -2.74%
Max drawdown: -18.32%
Sortino ratio: 0.081
Calmar ratio: 0.26

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

14.24%

Ann. 0.30% (Sharpe / Sortino numerator)

Volatility

18.95%

Sharpe ratio

-0.176

VaR 95%

-1.88%

CVaR 95%: -2.62%
Max drawdown: -19.46%
Sortino ratio: -0.263
Calmar ratio: 0.02

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.

Period total return

14.82%

Ann. 0.14% (Sharpe / Sortino numerator)

Volatility

18.33%

Sharpe ratio

-0.188

VaR 95%

-1.87%

CVaR 95%: -2.56%
Max drawdown: -21.84%
Sortino ratio: -0.287
Calmar ratio: 0.01

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: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.084%

Best day

4.372%

10/11/2025
Worst day

-2.81%

12/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $29.23 $29.27 $28.68 $28.81 17,100
15/07/2026 $29.04 $29.17 $28.82 $29.17 5,600
14/07/2026 $29.04 $29.13 $28.79 $29.07 3,700
13/07/2026 $29.42 $29.42 $28.78 $29.07 25,500
10/07/2026 $30.33 $30.33 $29.36 $29.56 9,100
09/07/2026 $30.12 $30.12 $29.98 $30.11 5,800
08/07/2026 $29.80 $29.80 $29.25 $29.57 12,500
07/07/2026 $30.00 $30.17 $29.84 $29.99 12,900
06/07/2026 $29.39 $29.54 $29.21 $29.36 13,500
02/07/2026 $29.17 $29.45 $29.14 $29.38 21,200