KOMP vs. FEMG

Last updated Jun 4, 2026

KOMP (SPDR S&P Kensho New Economies Composite ETF) and FEMG (Fidelity Enhanced Mid Cap Growth ETF) are both Mid Cap Growth Equities funds. KOMP is passively managed, while FEMG is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. KOMP charges 0.20%/yr vs 0.23%/yr for FEMG.

Performance

KOMP vs. FEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho New Economies Composite ETF (KOMP) and Fidelity Enhanced Mid Cap Growth ETF (FEMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KOMP

• 1D: -2.06%
• 1M: 11.27%
• YTD: 23.59%
• 6M: 21.48%
• 1Y: 46.75%
• 3Y*: 21.79%
• 5Y*: 3.36%
• 10Y*: —

FEMG

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

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

KOMP vs. FEMG - Yearly Performance Comparison

	2026 (YTD)
KOMP SPDR S&P Kensho New Economies Composite ETF	11.68%
FEMG Fidelity Enhanced Mid Cap Growth ETF	4.23%

Correlation

The correlation between KOMP and FEMG is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 1, 2026	0.70

KOMP vs. FEMG - Sectors Allocation Comparison

Sectors	KOMP	FEMG
Technology	33.0%	24.0%
Industrials	28.2%	26.5%
Healthcare	11.6%	12.6%
Financial Services	5.8%	6.0%
Communication Services	5.6%	2.7%
Utilities	5.2%	2.9%
Consumer Cyclical	4.7%	17.4%
Basic Materials	2.9%	0.7%
Energy	2.8%	3.3%
Consumer Defensive	0.2%	1.4%
Real Estate	-	1.8%

Return for Risk

KOMP vs. FEMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KOMP

KOMP Risk / Return Rank: 57
KOMP Sharpe Ratio Rank: 59
KOMP Sortino Ratio Rank: 55
KOMP Omega Ratio Rank: 53
KOMP Calmar Ratio Rank: 61
KOMP Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KOMP vs. FEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho New Economies Composite ETF (KOMP) 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.

	KOMP	FEMG	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	9.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KOMP	FEMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	4.78	-4.26

Drawdowns

KOMP vs. FEMG - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, which is greater than FEMG's maximum drawdown of -3.29%. Use the drawdown chart below to compare losses from any high point for KOMP and FEMG.

Drawdown Indicators

	KOMP	FEMG	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-3.29%	-46.77%
Max Drawdown (1Y) Largest decline over 1 year	-15.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	—	—
Current Drawdown Current decline from peak	-2.06%	-1.18%	-0.88%
Average Drawdown Average peak-to-trough decline	-21.69%	-0.96%	-20.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	—	—

Volatility

Volatility by Period

	KOMP	FEMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.15%	12.29%	+10.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.78%	12.29%	+12.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.02%	12.29%	+14.73%

KOMP vs. FEMG - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is lower than FEMG's 0.23% 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%.

Dividends

KOMP vs. FEMG - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.43%, while FEMG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FEMG Fidelity Enhanced Mid Cap Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KOMP SPDR S&P Kensho New Economies Composite ETF	1.43%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%

Frequently Asked Questions

Can I hold both KOMP and FEMG in my portfolio?

KOMP and FEMG have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KOMP or FEMG?

On fees, KOMP is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KOMP or FEMG?

KOMP is cheaper with a 0.20% expense ratio, compared with 0.23% for FEMG.

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

KOMP has the higher dividend yield at 1.43%, compared with 0.00% for FEMG.

What is the main difference between KOMP and FEMG?

They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.20% for KOMP and 0.23% for FEMG.