FMDE vs. AVUV

In the year-to-date period, FMDE achieves a 1.39% return, which is significantly higher than AVUV's -8.36% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FMDE has a 0.23% expense ratio, which is lower than AVUV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Mid Cap ETF (FMDE) and Avantis U.S. Small Cap Value ETF (AVUV). 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.

The current FMDE Sharpe Ratio is 0.73, which is higher than the AVUV Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of FMDE and AVUV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FMDE's dividend yield for the trailing twelve months is around 1.16%, less than AVUV's 1.80% yield.

The maximum FMDE drawdown since its inception was -21.10%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for FMDE and AVUV.

The current volatility for Fidelity Enhanced Mid Cap ETF (FMDE) is 5.03%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 6.84%. This indicates that FMDE experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.