Summary
Fidelity Enhanced Mid Cap ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 538. The ten largest make up 9.5% of the fund.
- Yearly costs
- 0.23%
- Fund size
- $8.09B
- Positions
- 538
- Dividend yield
- 1.04%
- Running since
- 2007
What speaks for it
- Costs of 0.23% a year are below the middle of comparable funds (0.43%).
- Widely spread: the ten largest positions make up only 9.5% of the fund.
- A large fund with $8.09B under management.
- Easy to buy and sell: about $37.8M changes hands a day.
- It has been running since 2007.
What to watch
- 96% of the fund is in one country (United States).
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.1%
- 3 months
- +1.1%
- This year
- +14%
- 1 year
- +16%
- Avg. market cap
- $45.4B
- P/E
- 16.8x
- Forward P/E
- 16.6x
- P/S
- 1.4x
- P/B
- 3.3x
- P/FCF
- 16.3x
- EV/EBITDA
- 14.9x
- Dividend yield
- 1.38%
- ROIC
- 35.9%
- ROE
- 25.9%
- Gross margin
- 43.6%
- Operating margin
- 15.0%
- Net margin
- 12.4%
- Payout ratio
- 23.1%
- Net debt/EBITDA
- 2.4x
- Beta
- 0.94
Weighted average of the 50 largest companies, which make up 35% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 MPMarathon Petroleum Corporation MPC 1.3%
- 2 ALThe Allstate Corporation ALL 1.0%
- 3 SNSnowflake SNOW 1.0%
- 4 NUNucor Corporation NUE 1.0%
- 5 LHL3Harris Technologies, Inc. LHX 1.0%
- 6 CASH CF 0.9%
- 7 AMAMETEK AME 0.9%
- 8 KEKeysight KEYS 0.9%
- 9 OXOccidental Petroleum OXY 0.9%
- 10 FFord F 0.8%
Positions in the fund: 538. The ten largest make up 9.5% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One countryBy sector
- Industrials 19%
- Energy 5.8%
- Real estate 5.7%
- Utilities 4.3%
- Communication services 1.4%
- Other 62%
By country
- United States 96%
- Ireland 1.6%
- United Kingdom 0.9%
- Switzerland 0.7%
- Other countries 0.9%
By company size
- Large cap 84%
- Mid cap 15%
- Small cap 0.1%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest sector: Industrials (19%). Largest country: United States (96%). Largest size group: Large cap (84%).
What does it cost me?
Cheap- A year from $10,000
- $23.00
- Over 20 years
- $1,139
From every $10,000 invested the fund takes $23.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,139.
How has it done?
Growing over the long run- Over the last year
- +16%
- Deepest drop
- -22%
- Yearly volatility
- 13%
Growth over the last year: 16%. Deepest drop in these years: 22% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.04%
- Payments a year
- 4
- Last payment
- $0.12
Over the last 12 months it paid $0.43 per share, which is 1.04% of today's price. The last payment was $0.12 on Sep 18, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $37.8M
- Shares a day
- 910K
On an average day about $37.8M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.8
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 25%
- Fairly valued 8.3%
- Overvalued 67%
On average the companies inside trade for 16.8 times their yearly profit. By Fair Price, 67% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 35% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FE FEMV Fidelity Enhanced Mid Cap Value ETF | United States | 0.23% | $5.54M | - | Pays out | 62% |
FS FSMDX Fidelity Mid Cap Index· mutual fund | - | - | $51.0B | +16% | Pays out | 46% |
IW IWR iShares Russell Mid-Cap ETF | United States | 0.18% | $58.0B | +15% | Pays out | 44% |
FI FIMVX Fidelity Mid Cap Value Index Fund· mutual fund | - | - | $1.58B | +13% | Pays out | 40% |
IW IWS iShares Russell Mid-Cap Value ETF | United States | 0.23% | $14.9B | +23% | Pays out | 38% |
IM IMCB iShares Morningstar Mid-Cap ETF | United States | 0.04% | $1.74B | +18% | Pays out | 35% |