FMDE vs VXUS
FMDE vs VXUS
Fidelity Enhanced Mid Cap Core ETF vs Vanguard Total International Stock ETF
Quick Verdict
VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7860 holdings.
Side-by-Side Comparison
| Metric | FMDE | VXUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.05% | |
| AUM | $7.4B | $156.5B | |
| Dividend Yield | 1.08% | 2.60% | |
| Holdings | 342 | 8,747 | |
| YTD Return | +13.98% | +11.69% | |
| 1Y Return | +20.31% | +26.65% | |
| 3Y Return (annualized) | - | +18.15% | |
| 5Y Return (annualized) | - | +8.66% | |
| Volatility (annualized) | 13.2% | 15.0% | |
| Max Drawdown | -21.1% | -39.9% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 20, 2023 | Jan 26, 2011 |
FMDE vs VXUS Performance
Fidelity Enhanced Mid Cap Core ETF (FMDE) is a ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year FMDE returned +20.31% while VXUS returned +26.65%. Year to date, FMDE is up 13.98% versus a gain of 11.69% for VXUS.
Risk: Volatility and Drawdowns
VXUS has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 13.2% for FMDE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -21.1% for FMDE and -39.9% for VXUS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FMDE charges 0.23% per year while VXUS charges 0.05%. On a $10,000 position that is $23 vs $5 annually, a gap of $18 per year that compounds over a long holding period. On income, FMDE currently yields 1.08% against 2.60% for VXUS.
Holdings Overlap
FMDE and VXUS share 6 holdings out of 8272 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FMDE | Weight in VXUS | Difference |
|---|---|---|---|
| SRE | 0.47% | 0.00% | 0.47% |
| ANGJ:ZA | 0.33% | 0.13% | 0.20% |
| AM | 0.37% | 0.02% | 0.35% |
| BILL | Pro | Pro | Pro |
| KR | Pro | Pro | Pro |
| CNHI:AS | Pro | Pro | Pro |
See all 6 holdings FMDE shares with VXUS Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FMDE or VXUS?
FMDE has an expense ratio of 0.23% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
Which performed better, FMDE or VXUS?
Over the past year FMDE returned +20.31% vs +26.65% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (3 years), FMDE annualized +21.90% vs +4.69% for VXUS. Past performance does not guarantee future results.
Which is riskier, FMDE or VXUS?
VXUS has been the more volatile fund at 15.0% annualized versus 13.2% for FMDE. Worst drawdown: FMDE -21.1% vs VXUS -39.9%.
Should I hold both FMDE and VXUS?
FMDE and VXUS have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FMDE and VXUS?
FMDE and VXUS share 6 common holdings with a 0.1% weight overlap. Combined, they hold 8272 unique securities.
Which pays a higher dividend, FMDE or VXUS?
FMDE yields 1.08% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.