FEMG vs. SFYX

Last updated Jun 4, 2026

FEMG (Fidelity Enhanced Mid Cap Growth ETF) and SFYX (SoFi Next 500 ETF) are both Mid Cap Growth Equities funds. FEMG is actively managed, while SFYX is passively managed. FEMG charges 0.23%/yr vs 0.00%/yr for SFYX.

Performance

FEMG vs. SFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Enhanced Mid Cap Growth ETF (FEMG) and SoFi Next 500 ETF (SFYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FEMG

• 1D: -0.84%
• 1M: 3.74%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FEMG vs. SFYX - Yearly Performance Comparison

	2026 (YTD)
FEMG Fidelity Enhanced Mid Cap Growth ETF	4.23%
SFYX SoFi Next 500 ETF	0.00%

FEMG vs. SFYX - Sectors Allocation Comparison

Sectors	FEMG	SFYX
Industrials	26.5%	20.5%
Technology	24.0%	16.9%
Consumer Cyclical	17.4%	9.9%
Healthcare	12.6%	12.1%
Financial Services	6.0%	15.9%
Energy	3.3%	4.5%
Utilities	2.9%	2.2%
Communication Services	2.7%	4.5%
Real Estate	1.8%	6.4%
Consumer Defensive	1.4%	3.0%
Basic Materials	0.7%	3.2%

Return for Risk

FEMG vs. SFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Mid Cap Growth ETF (FEMG) and SoFi Next 500 ETF (SFYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FEMG	SFYX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.78	—	—

Drawdowns

Drawdown Indicators

	FEMG	SFYX	Difference
Max Drawdown Largest peak-to-trough decline	-3.29%	—	—
Current Drawdown Current decline from peak	-1.18%	—	—
Average Drawdown Average peak-to-trough decline	-0.96%	—	—

Volatility

Volatility by Period

	FEMG	SFYX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.29%	—	—

FEMG vs. SFYX - Expense Ratio Comparison

FEMG has a 0.23% expense ratio, which is higher than SFYX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FEMG vs. SFYX - Dividend Comparison

FEMG has not paid dividends to shareholders, while SFYX's dividend yield for the trailing twelve months is around 1.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FEMG Fidelity Enhanced Mid Cap Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%

Frequently Asked Questions

Which ETF is better, FEMG or SFYX?

On fees, SFYX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FEMG or SFYX?

SFYX is cheaper with a 0.00% expense ratio, compared with 0.23% for FEMG.

Which ETF pays a higher dividend yield, FEMG or SFYX?

SFYX has the higher dividend yield at 1.36%, compared with 0.00% for FEMG.

What is the main difference between FEMG and SFYX?

They also come from different issuers: Fidelity and Toroso Investments. Their fees differ too: 0.23% for FEMG and 0.00% for SFYX.