FMDE vs. VLIFX

In the year-to-date period, FMDE achieves a -1.48% return, which is significantly lower than VLIFX's 0.32% return.

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FMDE has a 0.23% expense ratio, which is lower than VLIFX's 1.07% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Enhanced Mid Cap ETF (FMDE) and Value Line Mid Cap Focused Fund (VLIFX). 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 0.48, which is higher than the VLIFX Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of FMDE and VLIFX, 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 1.19%, more than VLIFX's 0.06% yield.

The maximum FMDE drawdown since its inception was -21.10%, smaller than the maximum VLIFX drawdown of -81.77%. Use the drawdown chart below to compare losses from any high point for FMDE and VLIFX. For additional features, visit the drawdowns tool.

Fidelity Enhanced Mid Cap ETF (FMDE) has a higher volatility of 6.33% compared to Value Line Mid Cap Focused Fund (VLIFX) at 5.40%. This indicates that FMDE's price experiences larger fluctuations and is considered to be riskier than VLIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.