FMDE ETF Analysis: Fidelity Enhanced Mid Cap | NYSE
Mid-Cap Blend | NYSE, USA | Market Cap: 7.494m USD | 12M Return: 17.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 35.5M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 2.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FMDE is an actively managed ETF that invests at least 80% of its assets in common stocks included in the Russell Midcap® Index, a market-capitalization-weighted benchmark maintained by FTSE Russell that measures the performance of the U.S. mid-cap segment. Rather than passively replicating the index, the adviser uses a research-driven approach to select holdings based on factors such as valuation, growth, and quality. The Enhanced label in the funds name reflects this active stock-picking within the mid-cap universe, and as a mid-cap blend product, FMDE offers diversified exposure to U.S. companies that fall between the small-cap and large-cap tiers, spanning both growth and value investment styles.
- Russell Midcap Index rebalancing shifts sector and stock weightings
- Mid-cap earnings beat large-caps on rate cut expectations
- Quality and value factor tilts drive excess index returns
- Fee competition intensifies as mid-cap ETF AUM expands
As of July 28, 2026, the stock is trading at USD 40.88 with a total of 823,597 shares traded. Over the past week, the price has changed by +1.51%, over one month by +0.94%, over three months by +6.90% and over the past year by +17.48%.
Current recommended Stop Loss: 40.20 (which is 1.7% or 1.6 ATR below the current price).
Fidelity Enhanced Mid Cap has no consensus analysts rating.