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FSEV vs FEMV

Comparison between FIDELITY ENHANCED SMALL CAP VALUE ETF (FSEV, ETF) and FIDELITY ENHANCED MID CAP VALUE ETF (FEMV, ETF).

FSEV vs FEMV - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
FSEV
$5M
FEMV
$5M
Expense Ratio
FSEV
0.28%
Winner
FEMV
0.23%
Max Drawdown
FSEV
4.16%
Winner
FEMV
1.97%
Sharpe Ratio
FSEV
-0.18
Winner
FEMV
1.60
5Y Beta
FSEV
1.18
Winner
FEMV
0.77
P/E Ratio
FSEV
85.51
Winner
FEMV
23.18
Forward P/E
Winner
FSEV
12.11
FEMV
16.16
5Y EPS CAGR
FSEV
9.05%
Winner
FEMV
14.77%
Debt to Equity
Winner
FSEV
-1.54%
FEMV
46.81%
P/S Ratio
Winner
FSEV
0.96
FEMV
1.81
P/B Ratio
Winner
FSEV
1.84
FEMV
2.80

FSEV vs FEMV - Holdings Comparison

FSEV and FEMV have 1 common holdings. Overlap is 0.05%

FSEV's top 25 holdings weight is 20.67%. FEMV's top 25 holdings weight is 27.66%.

RankFSEVFEMV
#1
TTM TECHNOLOGIES INC (TTMI) - 1.28%
CORNING INC (GLW) - 1.94%
#2
ECHOSTAR CORP CLASS A (SATS) - 1.27%
SANDISK CORP ORDINARY SHARES (SNDK) - 1.51%
#3
FIDELITY CASH CENTRAL FUND (n/a) - 1.13%
WESTERN DIGITAL CORP (WDC) - 1.50%
#4
ENERSYS (ENS) - 1.07%
BANK OF NEW YORK MELLON CORP (BNY) - 1.35%
#5
COMMERCIAL METALS CO (CMC) - 1.02%
CIENA CORP (CIEN) - 1.34%
#6
MAXLINEAR INC (MXL) - 0.94%
MARATHON PETROLEUM CORP (MPC) - 1.20%
#7
FLUOR CORP (FLR) - 0.82%
FORD MOTOR CO (F) - 1.16%
#8
VALLEY NATIONAL BANCORP (VLY) - 0.81%
VALERO ENERGY CORP (VLO) - 1.15%
#9
DIODES INC (DIOD) - 0.80%
ROSS STORES INC (ROST) - 1.10%
#10
TRANSOCEAN LTD (RIG) - 0.80%
KINDER MORGAN INC CLASS P (KMI) - 1.10%
#11
GLACIER BANCORP INC (GBCI) - 0.79%
DIGITAL REALTY TRUST INC (DLR) - 1.08%
#12
n/a (AHR) - 0.79%
NUCOR CORP (NUE) - 1.06%
#13
n/a (PECO) - 0.76%
KEYSIGHT TECHNOLOGIES INC (KEYS) - 1.05%
#14
BREAD FINANCIAL HOLDINGS INC (BFH) - 0.75%
L3HARRIS TECHNOLOGIES INC (LHX) - 1.03%
#15
ESSENTIAL PROPERTIES REALTY TRUST INC (EPRT) - 0.74%
TERADYNE INC (TER) - 1.03%
#16
TEXAS CAPITAL BANCSHARES INC (TCBI) - 0.72%
EBAY INC (EBAY) - 1.02%
#17
UMB FINANCIAL CORP (UMBF) - 0.72%
CORTEVA INC (CTVA) - 0.98%
#18
SUNRUN INC (RUN) - 0.72%
ELECTRONIC ARTS INC (EA) - 0.95%
#19
GATX CORP (GATX) - 0.72%
STATE STREET CORP (STT) - 0.92%
#20
INSIGHT ENTERPRISES INC (NSIT) - 0.70%
WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) - 0.89%
#21
MATERION CORP (MTRN) - 0.68%
ANGLOGOLD ASHANTI PLC (AU) - 0.88%
#22
MARRIOTT VACATIONS WORLDWIDE CORP (VAC) - 0.67%
QNITY ELECTRONICS INC (Q) - 0.86%
#23
V2X INC (VVX) - 0.66%
OCCIDENTAL PETROLEUM CORP (OXY) - 0.86%
#24
NBT BANCORP INC (NBTB) - 0.66%
AMETEK INC (AME) - 0.86%
#25
n/a (CRC) - 0.65%
THE HARTFORD INSURANCE GROUP INC (HIG) - 0.84%
Total Holdings389197

FSEV vs FEMV - Historical Returns

Returns include dividend reinvestment.

1M
FSEV
-1.27%
Winner
FEMV
+1.18%
Max(CAGR)
FSEV
-1.11%
Winner
FEMV
+24.52%

FSEV vs FEMV - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

YearFSEVFEMV
2026-0.11%+2.18%

FSEV vs FEMV Drawdown Comparison

The maximum drawdown for FSEV was -4.16%, occurring on May 19, 2026. Recovery took 13 trading sessions.

The maximum drawdown for FEMV was -1.97%, occurring on May 19, 2026. Recovery took 12 trading sessions.

The current FSEV drawdown is -2.81%. The current FEMV drawdown is -1.88%.

RankFSEVFEMV
#1-4.16%
May 6, 2026 - May 26, 2026
-1.97%
May 6, 2026 - May 22, 2026
#2-2.81%
May 28, 2026 - Jun 5, 2026
-1.88%
Jun 4, 2026 - Jun 5, 2026
#3-0.78%
May 1, 2026 - May 5, 2026
-0.55%
May 26, 2026 - Jun 1, 2026
#4-0.04%
May 26, 2026 - May 28, 2026
-0.37%
May 1, 2026 - May 5, 2026

Correlation

Correlation between FSEV and FEMV is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.58
-101

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