FFOX vs. FEMG

Last updated Jun 4, 2026

FFOX (FundX Future Fund Opportunities ETF) and FEMG (Fidelity Enhanced Mid Cap Growth ETF) are both Mid Cap Growth Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. FFOX charges 1.02%/yr vs 0.23%/yr for FEMG.

Performance

FFOX vs. FEMG - Performance Comparison

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

Returns By Period

FFOX

• 1D: -0.71%
• 1M: -1.26%
• YTD: 3.19%
• 6M: 1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEMG

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

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

FFOX vs. FEMG - Yearly Performance Comparison

	2026 (YTD)
FFOX FundX Future Fund Opportunities ETF	-1.78%
FEMG Fidelity Enhanced Mid Cap Growth ETF	4.23%

Correlation

The correlation between FFOX and FEMG is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 1, 2026	0.90

Return for Risk

FFOX vs. FEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FundX Future Fund Opportunities ETF (FFOX) and Fidelity Enhanced Mid Cap Growth ETF (FEMG). 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

	FFOX	FEMG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	4.78	-3.98

Drawdowns

FFOX vs. FEMG - Drawdown Comparison

The maximum FFOX drawdown since its inception was -12.41%, which is greater than FEMG's maximum drawdown of -3.29%. Use the drawdown chart below to compare losses from any high point for FFOX and FEMG.

Drawdown Indicators

	FFOX	FEMG	Difference
Max Drawdown Largest peak-to-trough decline	-12.41%	-3.29%	-9.12%
Current Drawdown Current decline from peak	-4.06%	-1.18%	-2.88%
Average Drawdown Average peak-to-trough decline	-2.23%	-0.96%	-1.27%

Volatility

Volatility by Period

	FFOX	FEMG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	12.29%	+5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.30%	12.29%	+5.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.30%	12.29%	+5.01%

FFOX vs. FEMG - Expense Ratio Comparison

FFOX has a 1.02% expense ratio, which is higher than FEMG's 0.23% expense ratio.

Dividends

FFOX vs. FEMG - Dividend Comparison

FFOX's dividend yield for the trailing twelve months is around 1.76%, while FEMG has not paid dividends to shareholders.

Position	TTM	2025
FEMG Fidelity Enhanced Mid Cap Growth ETF	0.00%	0.00%
FFOX FundX Future Fund Opportunities ETF	1.76%	1.81%

Frequently Asked Questions

Can I hold both FFOX and FEMG in my portfolio?

FFOX and FEMG have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FFOX or FEMG?

On fees, FEMG is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FFOX or FEMG?

FEMG is cheaper with a 0.23% expense ratio, compared with 1.02% for FFOX.

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

FFOX has the higher dividend yield at 1.76%, compared with 0.00% for FEMG.

What is the main difference between FFOX and FEMG?

They also come from different issuers: FundX and Fidelity. Their fees differ too: 1.02% for FFOX and 0.23% for FEMG.