Correlation
The correlation between VNMC and FMDE is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
VNMC vs. FMDE
Compare and contrast key facts about Natixis Vaughan Nelson Mid Cap ETF (VNMC) and Fidelity Enhanced Mid Cap ETF (FMDE).
VNMC and FMDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VNMC is an actively managed fund by Groupe BPCE. It was launched on Sep 17, 2020. FMDE is an actively managed fund by Fidelity. It was launched on Dec 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNMC or FMDE.
Performance
VNMC vs. FMDE - Performance Comparison
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Key characteristics
Returns By Period
VNMC
N/A
N/A
N/A
N/A
N/A
N/A
N/A
FMDE
1.39%
5.53%
-5.26%
14.31%
N/A
N/A
N/A
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VNMC vs. FMDE - Expense Ratio Comparison
VNMC has a 0.85% expense ratio, which is higher than FMDE's 0.23% expense ratio.
Risk-Adjusted Performance
VNMC vs. FMDE — Risk-Adjusted Performance Rank
VNMC
FMDE
VNMC vs. FMDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Natixis Vaughan Nelson Mid Cap ETF (VNMC) and Fidelity Enhanced Mid Cap ETF (FMDE). 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.
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Dividends
VNMC vs. FMDE - Dividend Comparison
VNMC has not paid dividends to shareholders, while FMDE's dividend yield for the trailing twelve months is around 1.16%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
VNMC Natixis Vaughan Nelson Mid Cap ETF | 0.47% | 0.49% | 1.08% | 4.30% | 10.12% | 0.20% |
FMDE Fidelity Enhanced Mid Cap ETF | 1.16% | 1.11% | 0.10% | 0.00% | 0.00% | 0.00% |
Drawdowns
VNMC vs. FMDE - Drawdown Comparison
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Volatility
VNMC vs. FMDE - Volatility Comparison
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