FTSM vs FMDE

Comparison between FIRST TRUST ENHANCED SHORT MATURITY ETF (FTSM, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).

FTSM vs FMDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTSM(ETF)	FMDE(ETF)
Net Assets	$6.40B	$6.50B
Expense Ratio	0.29%	0.23%
Max Drawdown	5.39%	21.61%
Sharpe Ratio	1.12	1.25
5Y Beta	-0.00	0.91
P/E Ratio	N/A	25.90
Forward P/E	N/A	16.96
PEG Ratio	N/A	0.36
5Y Dividends CAGR	41.94%	N/A
5Y EPS CAGR	N/A	19.56%
Debt to Equity	N/A	56.86%
P/S Ratio	N/A	1.69
P/B Ratio	N/A	3.29

Net Assets

FTSM

$6.40B

Winner

FMDE

$6.50B

Expense Ratio

FTSM

0.29%

Winner

FMDE

0.23%

Max Drawdown

Winner

FTSM

5.39%

FMDE

21.61%

Sharpe Ratio

FTSM

1.12

Winner

FMDE

1.25

5Y Beta

Winner

FTSM

-0.00

FMDE

0.91

P/E Ratio

FTSM

N/A

FMDE

25.90

Forward P/E

FTSM

N/A

FMDE

16.96

PEG Ratio

FTSM

N/A

FMDE

0.36

5Y Dividends CAGR

FTSM

41.94%

FMDE

N/A

5Y EPS CAGR

FTSM

N/A

FMDE

19.56%

Debt to Equity

FTSM

N/A

FMDE

56.86%

P/S Ratio

FTSM

N/A

FMDE

1.69

P/B Ratio

FTSM

N/A

FMDE

3.29

FTSM vs FMDE - Historical Returns

Returns include dividend reinvestment.

Period	FTSM	FMDE
1 month	+0.33%	+3.66%
3 months	+0.84%	+5.15%
6 months	+1.84%	+10.87%
1 year	+4.17%	+21.14%
5 years(CAGR)	+3.46%	N/A
10 years(CAGR)	+2.55%	N/A
Max(CAGR)	+2.22%	+21.51%

FTSM

+0.33%

Winner

FMDE

+3.66%

FTSM

+0.84%

Winner

FMDE

+5.15%

FTSM

+1.84%

Winner

FMDE

+10.87%

FTSM

+4.17%

Winner

FMDE

+21.14%

5Y(CAGR)

FTSM

+3.46%

FMDE

N/A

10Y(CAGR)

FTSM

+2.55%

FMDE

N/A

Max(CAGR)

FTSM

+2.22%

Winner

FMDE

+21.51%

FTSM vs FMDE - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	FTSM	FMDE
2026	+1.42%	+9.28%
2025	+4.60%	+12.33%
2024	+5.20%	+22.25%
2023	+5.12%	+8.91%
2022	+1.04%	N/A
2021	-0.03%	N/A
2020	+1.12%	N/A
2019	+2.81%	N/A
2018	+1.92%	N/A
2017	+1.62%	N/A
2016	+1.18%	N/A
2015	+0.22%	N/A
2014	-0.11%	N/A

FTSM vs FMDE Drawdown Comparison

The maximum drawdown for FTSM was -4.12%, occurring on Mar 20, 2020. Recovery took 67 trading sessions.

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

Rank	FTSM	FMDE
#1	-4.12% Mar 3, 2020 - Jun 8, 2020	-21.10% Dec 4, 2024 - Jul 22, 2025
#2	-1.80% Aug 31, 2015 - May 10, 2017	-8.32% Feb 26, 2026 - Apr 17, 2026
#3	-0.65% Oct 4, 2021 - Nov 2, 2022	-6.79% Jul 16, 2024 - Aug 21, 2024
#4	-0.35% May 21, 2015 - Aug 31, 2015	-6.53% Mar 27, 2024 - Jul 16, 2024
#5	-0.30% Oct 21, 2014 - Jan 30, 2015	-5.69% Oct 27, 2025 - Nov 28, 2025
#6	-0.20% Sep 5, 2014 - Oct 16, 2014	-4.09% Sep 18, 2025 - Oct 27, 2025
#7	-0.15% Apr 3, 2025 - Apr 17, 2025	-3.99% Aug 30, 2024 - Sep 18, 2024
#8	-0.15% Mar 16, 2015 - Apr 20, 2015	-3.02% Jan 15, 2026 - Feb 20, 2026
#9	-0.13% Jan 30, 2015 - Mar 2, 2015	-2.86% Dec 28, 2023 - Jan 29, 2024
#10	-0.12% Feb 27, 2026 - Mar 30, 2026	-2.60% May 6, 2026 - May 22, 2026
#11	-0.12% Nov 23, 2018 - Dec 24, 2018	-2.59% Nov 11, 2024 - Nov 22, 2024
#12	-0.12% Jun 10, 2020 - Jun 22, 2020	-2.41% Jul 25, 2025 - Aug 13, 2025
#13	-0.12% Jul 6, 2020 - Jul 20, 2020	-2.28% Oct 18, 2024 - Nov 6, 2024
#14	-0.10% Mar 20, 2023 - Mar 23, 2023	-2.22% Dec 11, 2025 - Jan 5, 2026
#15	-0.10% Aug 7, 2014 - Aug 15, 2014	-2.04% Apr 20, 2026 - May 5, 2026

Correlation

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

0.96

-101

Dividend Comparison (2014 - 2026)

FTSM vs FMDE dividend yield comparison.

Year	FTSM	FMDE
2026	1.69%	0.27%
2025	4.28%	1.23%
2024	4.91%	1.11%
2023	4.62%	0.10%
2022	1.62%	0.00%
2021	0.39%	0.00%
2020	1.20%	0.00%
2019	2.38%	0.00%
2018	2.14%	0.00%
2017	1.49%	0.00%
2016	1.03%	0.00%
2015	0.48%	0.00%
2014	0.16%	0.00%