FMDE vs ICSH

Comparison between FIDELITY ENHANCED MID CAP ETF (FMDE, ETF) and ISHARES ULTRA SHORT DURATION BOND ACTIVE ETF (ICSH, ETF).

FMDE vs ICSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMDE(ETF)	ICSH(ETF)
Net Assets	$7.80B	$7.80B
Expense Ratio	0.23%	0.08%
Max Drawdown	21.61%	3.94%
Sharpe Ratio	1.30	0.45
5Y Beta	0.90	0.00
P/E Ratio	22.54	N/A
Forward P/E	15.71	N/A
5Y Dividends CAGR	N/A	47.87%
5Y EPS CAGR	17.07%	N/A
Debt to Equity	157.73%	N/A
P/S Ratio	1.65	N/A
P/B Ratio	3.08	N/A

Net Assets

FMDE

$7.80B

ICSH

$7.80B

Expense Ratio

FMDE

0.23%

Winner

ICSH

0.08%

Max Drawdown

FMDE

21.61%

Winner

ICSH

3.94%

Sharpe Ratio

Winner

FMDE

1.30

ICSH

0.45

5Y Beta

FMDE

0.90

Winner

ICSH

0.00

P/E Ratio

FMDE

22.54

ICSH

N/A

Forward P/E

FMDE

15.71

ICSH

N/A

5Y Dividends CAGR

FMDE

N/A

ICSH

47.87%

5Y EPS CAGR

FMDE

17.07%

ICSH

N/A

Debt to Equity

FMDE

157.73%

ICSH

N/A

P/S Ratio

FMDE

1.65

ICSH

N/A

P/B Ratio

FMDE

3.08

ICSH

N/A

FMDE vs ICSH - Historical Returns

Returns include dividend reinvestment.

Period	FMDE	ICSH
1 month	+4.73%	+0.37%
3 months	+9.53%	+0.95%
6 months	+13.44%	+1.72%
1 year	+23.11%	+4.06%
5 years(CAGR)	N/A	+3.80%
10 years(CAGR)	N/A	+2.80%
Max(CAGR)	+22.63%	+2.33%

Winner

FMDE

+4.73%

ICSH

+0.37%

Winner

FMDE

+9.53%

ICSH

+0.95%

Winner

FMDE

+13.44%

ICSH

+1.72%

Winner

FMDE

+23.11%

ICSH

+4.06%

5Y(CAGR)

FMDE

N/A

ICSH

+3.80%

10Y(CAGR)

FMDE

N/A

ICSH

+2.80%

Max(CAGR)

Winner

FMDE

+22.63%

ICSH

+2.33%

FMDE vs ICSH - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMDE	ICSH
2026	+16.10%	+2.15%
2025	+12.33%	+4.94%
2024	+22.25%	+5.51%
2023	+8.91%	+5.58%
2022	N/A	+0.96%
2021	N/A	+0.16%
2020	N/A	+1.59%
2019	N/A	+3.18%
2018	N/A	+2.27%
2017	N/A	+1.70%
2016	N/A	+0.86%
2015	N/A	+0.21%
2014	N/A	+0.14%
2013	N/A	+0.02%

FMDE vs ICSH Drawdown Comparison

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

The maximum drawdown for ICSH was -3.94%, occurring on Mar 23, 2020. Recovery took 46 trading sessions.

Rank	FMDE	ICSH
#1	-21.10% Dec 4, 2024 - Jul 22, 2025	-3.94% Mar 9, 2020 - May 13, 2020
#2	-8.32% Feb 26, 2026 - Apr 17, 2026	-1.24% Apr 7, 2014 - May 8, 2014
#3	-6.79% Jul 16, 2024 - Aug 21, 2024	-0.73% Sep 20, 2021 - Nov 8, 2022
#4	-6.53% Mar 27, 2024 - Jul 16, 2024	-0.53% Oct 29, 2015 - Feb 12, 2016
#5	-5.69% Oct 27, 2025 - Nov 28, 2025	-0.40% Jul 23, 2015 - Aug 25, 2015
#6	-4.09% Sep 18, 2025 - Oct 27, 2025	-0.39% Oct 21, 2014 - Jan 5, 2015
#7	-3.99% Aug 30, 2024 - Sep 18, 2024	-0.38% Feb 12, 2016 - Mar 4, 2016
#8	-3.19% Jun 4, 2026 - Jun 12, 2026	-0.38% Dec 2, 2016 - Dec 22, 2016
#9	-3.02% Jan 15, 2026 - Feb 20, 2026	-0.38% Nov 3, 2016 - Nov 23, 2016
#10	-2.86% Dec 28, 2023 - Jan 29, 2024	-0.34% Dec 22, 2016 - Jan 24, 2017
#11	-2.60% May 6, 2026 - May 22, 2026	-0.30% Nov 23, 2016 - Dec 1, 2016
#12	-2.59% Nov 11, 2024 - Nov 22, 2024	-0.30% Oct 25, 2016 - Nov 3, 2016
#13	-2.41% Jul 25, 2025 - Aug 13, 2025	-0.28% Aug 17, 2016 - Sep 20, 2016
#14	-2.28% Oct 18, 2024 - Nov 6, 2024	-0.26% Aug 25, 2015 - Oct 29, 2015
#15	-2.22% Dec 11, 2025 - Jan 5, 2026	-0.25% May 13, 2014 - Oct 10, 2014

Correlation

Correlation between FMDE and ICSH is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2014 - 2026)

FMDE vs ICSH dividend yield comparison.

Year	FMDE	ICSH
2026	0.50%	2.35%
2025	1.23%	4.55%
2024	1.11%	5.24%
2023	0.10%	4.78%
2022	0.00%	1.66%
2021	0.00%	0.42%
2020	0.00%	1.21%
2019	0.00%	2.61%
2018	0.00%	2.20%
2017	0.00%	1.36%
2016	0.00%	0.88%
2015	0.00%	0.54%
2014	0.00%	0.46%