AKRE vs FMDE

Comparison between AKRE FOCUS ETF (AKRE, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).

AKRE vs FMDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AKRE(ETF)	FMDE(ETF)
Net Assets	$6.40B	$6.50B
Expense Ratio	0.98%	0.23%
Max Drawdown	24.18%	21.61%
Sharpe Ratio	-1.60	1.25
5Y Beta	0.73	0.91
P/E Ratio	31.76	25.90
Forward P/E	20.91	16.96
PEG Ratio	0.77	0.36
5Y EPS CAGR	15.77%	19.56%
Debt to Equity	69.12%	56.86%
P/S Ratio	6.20	1.69
P/B Ratio	4.94	3.29

Net Assets

AKRE

$6.40B

Winner

FMDE

$6.50B

Expense Ratio

AKRE

0.98%

Winner

FMDE

0.23%

Max Drawdown

AKRE

24.18%

Winner

FMDE

21.61%

Sharpe Ratio

AKRE

-1.60

Winner

FMDE

1.25

5Y Beta

Winner

AKRE

0.73

FMDE

0.91

P/E Ratio

AKRE

31.76

Winner

FMDE

25.90

Forward P/E

AKRE

20.91

Winner

FMDE

16.96

PEG Ratio

AKRE

0.77

Winner

FMDE

0.36

5Y EPS CAGR

AKRE

15.77%

Winner

FMDE

19.56%

Debt to Equity

AKRE

69.12%

Winner

FMDE

56.86%

P/S Ratio

AKRE

6.20

Winner

FMDE

1.69

P/B Ratio

AKRE

4.94

Winner

FMDE

3.29

AKRE vs FMDE - Holdings Comparison

AKRE and FMDE have 5 common holdings. Overlap is 0.14%

AKRE's top 25 holdings weight is 99.98%. FMDE's top 25 holdings weight is 22.63%.

Rank	AKRE	FMDE
#1	CONSTELLATION SOFTWARE INC (CNSWF) - 13.31%	WESTERN DIGITAL CORP (WDC) - 1.79%
#2	MASTERCARD INC CLASS A (MA) - 12.21%	HOWMET AEROSPACE INC (HWM) - 1.25%
#3	BROOKFIELD CORP REGISTERED SHS -A- LIMITED VTG (n/a) - 7.94%	BANK OF NEW YORK MELLON CORP (BNY) - 1.25%
#4	U.S. BANK MONEY MARKET DEPOSIT ACCOUNT (n/a) - 7.94%	SANDISK CORP ORDINARY SHARES (SNDK) - 1.23%
#5	TOPICUS COM INC ORDINARY SHARES (SUB VOTING) (TOITF) - 6.84%	CIENA CORP (CIEN) - 1.04%
#6	KKR & CO INC ORDINARY SHARES (KKR) - 6.74%	MARATHON PETROLEUM CORP (MPC) - 1.04%
#7	MOODYS CORP (MCO) - 6.54%	FORD MOTOR CO (F) - 0.99%
#8	VISA INC CLASS A (V) - 6.43%	COMFORT SYSTEMS USA INC (FIX) - 0.96%
#9	FAIR ISAAC CORP (FICO) - 6.26%	KEYSIGHT TECHNOLOGIES INC (KEYS) - 0.95%
#10	ROPER TECHNOLOGIES INC (ROP) - 5.90%	KINDER MORGAN INC CLASS P (KMI) - 0.95%
#11	COSTAR GROUP INC (CSGP) - 4.14%	TERADYNE INC (TER) - 0.95%
#12	COPART INC (CPRT) - 3.96%	AMETEK INC (AME) - 0.88%
#13	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 2.54%	STATE STREET CORP (STT) - 0.86%
#14	LVMH MOET HENNESSY LOUIS VUITTON SE (n/a) - 2.20%	ROSS STORES INC (ROST) - 0.86%
#15	SALESFORCE INC (CRM) - 2.13%	CORTEVA INC (CTVA) - 0.86%
#16	CCC INTELLIGENT SOLUTIONS HOLDINGS INC (CCC) - 2.09%	ALLSTATE CORP (ALL) - 0.86%
#17	SERVICENOW INC (NOW) - 1.81%	NUCOR CORP (NUE) - 0.84%
#18	O'REILLY AUTOMOTIVE INC (ORLY) - 1.20%	ELECTRONIC ARTS INC (EA) - 0.82%
#19	US DOLLARS (n/a) - 0.32%	CARDINAL HEALTH INC (CAH) - 0.82%
#20	CONSTELLATION SOFT ([WTS/RTS]) (n/a) - 0.00%	L3HARRIS TECHNOLOGIES INC (LHX) - 0.76%
#21	OTHER ASSETS AND LIABILITIES (n/a) - -0.52%	MAPLEBEAR INC (CART) - 0.54%
#22	N/A	ZOOM COMMUNICATIONS INC (ZM) - 0.54%
#23	N/A	FORTINET INC (FTNT) - 0.54%
#24	N/A	HASBRO INC (HAS) - 0.53%
#25	N/A	ALNYLAM PHARMACEUTICALS INC (ALNY) - 0.52%
Total Holdings	21	350

AKRE vs FMDE - Historical Returns

Returns include dividend reinvestment.

Period	AKRE	FMDE
1 month	+3.74%	+3.66%
3 months	+0.00%	+5.15%
6 months	-12.36%	+10.87%
1 year	N/A	+21.14%
Max(CAGR)	-26.73%	+21.51%

Winner

AKRE

+3.74%

FMDE

+3.66%

AKRE

+0.00%

Winner

FMDE

+5.15%

AKRE

-12.36%

Winner

FMDE

+10.87%

AKRE

N/A

FMDE

+21.14%

Max(CAGR)

AKRE

-26.73%

Winner

FMDE

+21.51%

AKRE vs FMDE - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	AKRE	FMDE
2026	-13.16%	+9.28%
2025	-3.24%	+12.33%
2024	N/A	+22.25%
2023	N/A	+8.91%

AKRE vs FMDE Drawdown Comparison

The maximum drawdown for AKRE was -24.18%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 155 trading sessions.

The current AKRE drawdown is -16.87%.

Rank	AKRE	FMDE
#1	-24.18% Oct 27, 2025 - Mar 27, 2026	-21.10% Dec 4, 2024 - Jul 22, 2025
#2	N/A	-8.32% Feb 26, 2026 - Apr 17, 2026
#3	N/A	-6.79% Jul 16, 2024 - Aug 21, 2024
#4	N/A	-6.53% Mar 27, 2024 - Jul 16, 2024
#5	N/A	-5.69% Oct 27, 2025 - Nov 28, 2025
#6	N/A	-4.09% Sep 18, 2025 - Oct 27, 2025
#7	N/A	-3.99% Aug 30, 2024 - Sep 18, 2024
#8	N/A	-3.02% Jan 15, 2026 - Feb 20, 2026
#9	N/A	-2.86% Dec 28, 2023 - Jan 29, 2024
#10	N/A	-2.60% May 6, 2026 - May 22, 2026
#11	N/A	-2.59% Nov 11, 2024 - Nov 22, 2024
#12	N/A	-2.41% Jul 25, 2025 - Aug 13, 2025
#13	N/A	-2.28% Oct 18, 2024 - Nov 6, 2024
#14	N/A	-2.22% Dec 11, 2025 - Jan 5, 2026
#15	N/A	-2.04% Apr 20, 2026 - May 5, 2026

Correlation

Correlation between AKRE and FMDE is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

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