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Fidelity Enhanced Mid Cap Growth ETF (FEMG) belongs to the Mid Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FEMG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FEMG

FEMG charges 0.23% annually. There are 8 ETFs in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.04%.


Best Risk-Adjusted Alternatives to FEMG

Among 35 ETFs in the Mid Cap Growth Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 90.


Top Performing FEMG Alternatives (YTD)

Among 38 ETFs in the Mid Cap Growth Equities category with YTD return data, the top-performing alternatives shown here go as high as 63.09%.


Lowest Volatility Alternatives to FEMG

FEMG has 16.91% 1-year volatility. There are 7 ETFs in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 11.60%.


Lowest Drawdown Alternatives to FEMG

Among 35 ETFs in the Mid Cap Growth Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -7.58%.


Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $27B.


Often Compared With FEMG

Investors most often compare FEMG with BCSM, NBSM, PAMC. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
Baron SMID Cap ETFMid Cap Growth Equities, Small Cap Growth Equities
0.81%
26.08MDec 2025FEMG vs BCSM
Neuberger Small-Mid Cap ETFMid Cap Growth Equities
33
13.71%
114.49MMar 2024FEMG vs NBSM
Pacer Lunt MidCap Multi-Factor Alternator ETFMid Cap Growth Equities, Multi-factor
53
16.35%
53.77MJun 2020FEMG vs PAMC
FundX Future Fund Opportunities ETFMid Cap Growth Equities
30
7.26%
240.96MJun 2025FEMG vs FFOX
SPDR S&P Kensho New Economies Composite ETFMid Cap Growth Equities, Technology Equities
29
11.05%
2.74BOct 2018FEMG vs KOMP
Renaissance IPO ETFMid Cap Growth Equities
22
16.64%
159.56MOct 2013FEMG vs IPO
American Century Mid Cap Growth Impact ETFMid Cap Growth Equities
14
4.76%
101.72MJul 2020FEMG vs MID
Argent Mid Cap ETFMid Cap Growth Equities
20
7.35%
111.38MAug 2022FEMG vs AMID
Pinnacle Focused Opportunities ETFMid Cap Growth Equities
39
14.82%
86.95MDec 2022FEMG vs FCUS
iShares Russell Midcap ETFMid Cap Blend Equities
57
14.90%
56.88BJul 2001FEMG vs IWR
Pacer US Large Cap Cash Cows Growth Leaders ETFLarge Cap Growth Equities
21
7.99%
2.29BDec 2022FEMG vs COWG
Congress SMID Growth ETFMid Cap Growth Equities
20
9.08%
476.30MAug 2023FEMG vs CSMD
Invesco Dorsey Wright Momentum ETFMomentum, Mid Cap Growth Equities
37
16.41%
1.56BMar 2007FEMG vs PDP
TimesSquare Quality Mid Cap Growth ETFMid Cap Growth Equities
2.79%
22.19MDec 2025FEMG vs TSCM
ARK Next Generation Internet ETFMid Cap Growth Equities, Technology Equities
8
-2.33%
1.83BSep 2014FEMG vs ARKW
First Trust Multi Cap Growth AlphaDEX FundMid Cap Growth Equities
51
14.65%
561.53MMay 2007FEMG vs FAD
Nuveen ESG Mid-Cap Growth ETFMid Cap Growth Equities
8
-2.71%
357.97MDec 2016FEMG vs NUMG
Schwab US Mid-Cap ETFMid Cap Blend Equities
62
17.66%
14.91BJan 2011FEMG vs SCHM
SoFi Next 500 ETFMid Cap Growth Equities25.80MApr 2019FEMG vs SFYX
BBH Select Mid Cap ETFMid Cap Growth Equities
6.66%
May 2021FEMG vs BBHM

Compare FEMG with Any Fund or Stock

Compare FEMG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair FEMG with funds that move differently

Fidelity Enhanced Mid Cap Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEMG.

Explore FEMG Diversifiers