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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 9 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 36 ETFs in the Mid Cap Growth Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 94.


Top Performing FEMG Alternatives (YTD)

Among 40 ETFs in the Mid Cap Growth Equities category with YTD return data, the top-performing alternatives shown here go as high as 80.10%.


Lowest Volatility Alternatives to FEMG

FEMG has 12.29% 1-year volatility. There is 1 ETF in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 11.50%.


Lowest Drawdown Alternatives to FEMG

Among 36 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 $26B.


Often Compared With FEMG

Investors most often compare FEMG with KOMP, PAMC, BCSM. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SPDR S&P Kensho New Economies Composite ETFMid Cap Growth Equities, Technology Equities
57
23.59%
2.98BOct 2018FEMG vs KOMP
Pacer Lunt MidCap Multi-Factor Alternator ETFMid Cap Growth Equities, Multi-factor
50
17.95%
54.04MJun 2020FEMG vs PAMC
Baron SMID Cap ETFMid Cap Growth Equities, Small Cap Growth Equities
0.41%
26.08MDec 2025FEMG vs BCSM
American Century Mid Cap Growth Impact ETFMid Cap Growth Equities
15
5.47%
94.19MJul 2020FEMG vs MID
Pacer US Large Cap Cash Cows Growth Leaders ETFMid Cap Growth Equities
24
12.50%
2.32BDec 2022FEMG vs COWG
Congress SMID Growth ETFMid Cap Growth Equities
24
10.72%
456.71MAug 2023FEMG vs CSMD
Argent Mid Cap ETFMid Cap Growth Equities
19
6.11%
111.38MAug 2022FEMG vs AMID
BBH Select Mid Cap ETFMid Cap Growth Equities
1.78%
May 2021FEMG vs BBHM
Renaissance IPO ETFMid Cap Growth Equities
27
24.62%
159.56MOct 2013FEMG vs IPO
Motley Fool Next Index ETFMid Cap Growth Equities
21
4.09%
30.96MDec 2021FEMG vs TMFX
WisdomTree U.S. MidCap Quality Growth FundMid Cap Growth Equities
23
2.87%
1.39MJan 2024FEMG vs QMID
TimesSquare Quality Mid Cap Growth ETFMid Cap Growth Equities
3.31%
22.19MDec 2025FEMG vs TSCM
Vanguard S&P 500 ETFS&P 500
70
10.91%
1.60TSep 2010FEMG vs VOO
First Trust Mid Cap Growth AlphaDEX FundMid Cap Growth Equities
47
14.89%
570.51MApr 2011FEMG vs FNY
Alger Mid Cap 40 ETFMid Cap Growth Equities
30
12.43%
129.13MFeb 2021FEMG vs FRTY
Goldman Sachs S&P 500 Premium Income ETFDerivative Income, S&P 500
75
9.91%
4.25BOct 2023FEMG vs GPIX
Janus Henderson Small/Mid Cap Growth Alpha ETFMid Cap Growth Equities
36
17.31%
1.04BFeb 2016FEMG vs JSMD
Neuberger Small-Mid Cap ETFMid Cap Growth Equities
20
5.59%
220.01MMar 2024FEMG vs NBSM
Nuveen ESG Mid-Cap Growth ETFMid Cap Growth Equities
8
-0.40%
363.89MDec 2016FEMG vs NUMG
SoFi Next 500 ETFMid Cap Growth Equities25.80MApr 2019FEMG vs SFYX

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