FMDE vs VWOB

Comparison between FIDELITY ENHANCED MID CAP ETF (FMDE, ETF) and VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND ETF SHARES (VWOB, ETF).

FMDE vs VWOB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMDE(ETF)	VWOB(ETF)
Net Assets	$6.50B	$6.50B
Expense Ratio	0.23%	0.15%
Max Drawdown	21.61%	32.89%
Sharpe Ratio	1.25	1.39
5Y Beta	0.91	0.23
P/E Ratio	25.90	N/A
Forward P/E	16.96	N/A
PEG Ratio	0.36	N/A
5Y Dividends CAGR	N/A	3.84%
5Y EPS CAGR	19.56%	N/A
Debt to Equity	56.86%	N/A
P/S Ratio	1.69	N/A
P/B Ratio	3.29	N/A

Net Assets

FMDE

$6.50B

VWOB

$6.50B

Expense Ratio

FMDE

0.23%

Winner

VWOB

0.15%

Max Drawdown

Winner

FMDE

21.61%

VWOB

32.89%

Sharpe Ratio

FMDE

1.25

Winner

VWOB

1.39

5Y Beta

FMDE

0.91

Winner

VWOB

0.23

P/E Ratio

FMDE

25.90

VWOB

N/A

Forward P/E

FMDE

16.96

VWOB

N/A

PEG Ratio

FMDE

0.36

VWOB

N/A

5Y Dividends CAGR

FMDE

N/A

VWOB

3.84%

5Y EPS CAGR

FMDE

19.56%

VWOB

N/A

Debt to Equity

FMDE

56.86%

VWOB

N/A

P/S Ratio

FMDE

1.69

VWOB

N/A

P/B Ratio

FMDE

3.29

VWOB

N/A

FMDE vs VWOB - Historical Returns

Returns include dividend reinvestment.

Period	FMDE	VWOB
1 month	+3.66%	+0.72%
3 months	+5.15%	+0.19%
6 months	+10.87%	+2.19%
1 year	+21.14%	+11.22%
5 years(CAGR)	N/A	+2.15%
10 years(CAGR)	N/A	+3.63%
Max(CAGR)	+21.51%	+3.59%

Winner

FMDE

+3.66%

VWOB

+0.72%

Winner

FMDE

+5.15%

VWOB

+0.19%

Winner

FMDE

+10.87%

VWOB

+2.19%

Winner

FMDE

+21.14%

VWOB

+11.22%

5Y(CAGR)

FMDE

N/A

VWOB

+2.15%

10Y(CAGR)

FMDE

N/A

VWOB

+3.63%

Max(CAGR)

Winner

FMDE

+21.51%

VWOB

+3.59%

FMDE vs VWOB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	FMDE	VWOB
2026	+9.28%	+1.57%
2025	+12.33%	+13.19%
2024	+22.25%	+6.15%
2023	+8.91%	+10.12%
2022	N/A	-16.58%
2021	N/A	-1.32%
2020	N/A	+5.53%
2019	N/A	+14.14%
2018	N/A	-3.09%
2017	N/A	+8.05%
2016	N/A	+9.56%
2015	N/A	+1.59%
2014	N/A	+4.34%
2013	N/A	-1.82%

FMDE vs VWOB Drawdown Comparison

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

The maximum drawdown for VWOB was -26.98%, occurring on Oct 20, 2022. Recovery took 959 trading sessions.

The current VWOB drawdown is -0.30%.

Rank	FMDE	VWOB
#1	-21.10% Dec 4, 2024 - Jul 22, 2025	-26.98% Sep 2, 2021 - Jul 1, 2025
#2	-8.32% Feb 26, 2026 - Apr 17, 2026	-25.31% Mar 4, 2020 - Sep 2, 2020
#3	-6.79% Jul 16, 2024 - Aug 21, 2024	-7.74% Aug 27, 2014 - Apr 8, 2015
#4	-6.53% Mar 27, 2024 - Jul 16, 2024	-6.90% Dec 30, 2020 - Aug 30, 2021
#5	-5.69% Oct 27, 2025 - Nov 28, 2025	-6.77% Jun 4, 2013 - Feb 28, 2014
#6	-4.09% Sep 18, 2025 - Oct 27, 2025	-6.03% Sep 7, 2016 - Apr 12, 2017
#7	-3.99% Aug 30, 2024 - Sep 18, 2024	-5.58% Jan 5, 2018 - Jan 31, 2019
#8	-3.02% Jan 15, 2026 - Feb 20, 2026	-5.39% Apr 24, 2015 - Mar 16, 2016
#9	-2.86% Dec 28, 2023 - Jan 29, 2024	-4.48% Feb 23, 2026 - Mar 27, 2026
#10	-2.60% May 6, 2026 - May 22, 2026	-3.65% Sep 2, 2020 - Nov 11, 2020
#11	-2.59% Nov 11, 2024 - Nov 22, 2024	-2.64% Feb 21, 2020 - Mar 4, 2020
#12	-2.41% Jul 25, 2025 - Aug 13, 2025	-2.02% Sep 4, 2019 - Dec 11, 2019
#13	-2.28% Oct 18, 2024 - Nov 6, 2024	-2.01% Jun 14, 2017 - Aug 3, 2017
#14	-2.22% Dec 11, 2025 - Jan 5, 2026	-1.88% Aug 9, 2019 - Sep 4, 2019
#15	-2.04% Apr 20, 2026 - May 5, 2026	-1.51% Jul 24, 2014 - Aug 27, 2014

Correlation

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

0.96

-101

Dividend Comparison (2013 - 2026)

FMDE vs VWOB dividend yield comparison.

Year	FMDE	VWOB
2026	0.27%	2.43%
2025	1.23%	5.92%
2024	1.11%	6.08%
2023	0.10%	5.50%
2022	0.00%	5.30%
2021	0.00%	4.04%
2020	0.00%	4.18%
2019	0.00%	4.58%
2018	0.00%	4.52%
2017	0.00%	4.61%
2016	0.00%	4.71%
2015	0.00%	4.93%
2014	0.00%	4.49%
2013	0.00%	2.39%