ICVT vs FMDE

Comparison between ISHARES CONVERTIBLE BOND ETF (ICVT, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).

ICVT vs FMDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ICVT(ETF)	FMDE(ETF)
Net Assets	$7.50B	$7.40B
Expense Ratio	0.20%	0.23%
Max Drawdown	38.15%	21.61%
Sharpe Ratio	1.26	1.13
5Y Beta	0.61	0.91
P/E Ratio	N/A	23.95
Forward P/E	N/A	15.73
5Y Dividends CAGR	-14.83%	N/A
5Y EPS CAGR	N/A	16.21%
Debt to Equity	N/A	58.60%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	2.97

Net Assets

Winner

ICVT

$7.50B

FMDE

$7.40B

Expense Ratio

Winner

ICVT

0.20%

FMDE

0.23%

Max Drawdown

ICVT

38.15%

Winner

FMDE

21.61%

Sharpe Ratio

Winner

ICVT

1.26

FMDE

1.13

5Y Beta

Winner

ICVT

0.61

FMDE

0.91

P/E Ratio

ICVT

N/A

FMDE

23.95

Forward P/E

ICVT

N/A

FMDE

15.73

5Y Dividends CAGR

ICVT

-14.83%

FMDE

N/A

5Y EPS CAGR

ICVT

N/A

FMDE

16.21%

Debt to Equity

ICVT

N/A

FMDE

58.60%

P/S Ratio

ICVT

N/A

FMDE

1.56

P/B Ratio

ICVT

N/A

FMDE

2.97

ICVT vs FMDE - Historical Returns

Returns include dividend reinvestment.

Period	ICVT	FMDE
1 month	-7.33%	+0.86%
3 months	+2.52%	+7.37%
6 months	+10.52%	+8.70%
1 year	+25.53%	+19.42%
5 years(CAGR)	+6.32%	N/A
10 years(CAGR)	+12.95%	N/A
Max(CAGR)	+11.15%	+21.33%

ICVT

-7.33%

Winner

FMDE

+0.86%

ICVT

+2.52%

Winner

FMDE

+7.37%

Winner

ICVT

+10.52%

FMDE

+8.70%

Winner

ICVT

+25.53%

FMDE

+19.42%

5Y(CAGR)

ICVT

+6.32%

FMDE

N/A

10Y(CAGR)

ICVT

+12.95%

FMDE

N/A

Max(CAGR)

ICVT

+11.15%

Winner

FMDE

+21.33%

ICVT vs FMDE - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	ICVT	FMDE
2026	+14.38%	+11.49%
2025	+18.03%	+12.33%
2024	+11.71%	+22.25%
2023	+15.59%	+8.91%
2022	-20.76%	N/A
2021	-0.63%	N/A
2020	+59.30%	N/A
2019	+22.39%	N/A
2018	-1.05%	N/A
2017	+15.43%	N/A
2016	+11.50%	N/A
2015	-6.03%	N/A

ICVT vs FMDE Drawdown Comparison

The maximum drawdown for ICVT was -33.15%, occurring on Jun 16, 2022. Recovery took 1145 trading sessions.

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

The current ICVT drawdown is -8.45%.

Rank	ICVT	FMDE
#1	-33.15% Feb 12, 2021 - Sep 5, 2025	-21.10% Dec 4, 2024 - Jul 22, 2025
#2	-32.18% Feb 19, 2020 - Jun 5, 2020	-8.32% Feb 26, 2026 - Apr 17, 2026
#3	-18.52% Jun 23, 2015 - Oct 10, 2016	-6.79% Jul 16, 2024 - Aug 21, 2024
#4	-13.86% Aug 29, 2018 - Feb 25, 2019	-6.53% Mar 27, 2024 - Jul 16, 2024
#5	-8.63% Sep 1, 2020 - Oct 9, 2020	-5.69% Oct 27, 2025 - Nov 28, 2025
#6	-8.45% Jun 22, 2026 - Jul 16, 2026	-4.09% Sep 18, 2025 - Oct 27, 2025
#7	-7.55% Nov 3, 2025 - Jan 16, 2026	-3.99% Aug 30, 2024 - Sep 18, 2024
#8	-6.75% Jan 26, 2018 - Mar 8, 2018	-3.19% Jun 4, 2026 - Jun 12, 2026
#9	-6.74% Jun 2, 2026 - Jun 18, 2026	-3.02% Jan 15, 2026 - Feb 20, 2026
#10	-6.55% Jul 24, 2019 - Nov 25, 2019	-2.86% Dec 28, 2023 - Jan 29, 2024
#11	-6.17% Jan 28, 2026 - Apr 8, 2026	-2.60% May 6, 2026 - May 22, 2026
#12	-5.84% Mar 12, 2018 - May 30, 2018	-2.59% Nov 11, 2024 - Nov 22, 2024
#13	-5.49% May 3, 2019 - Jul 1, 2019	-2.41% Jul 25, 2025 - Aug 13, 2025
#14	-4.87% Jun 8, 2020 - Jun 17, 2020	-2.28% Oct 18, 2024 - Nov 6, 2024
#15	-4.66% Oct 13, 2020 - Nov 5, 2020	-2.22% Dec 11, 2025 - Jan 5, 2026

Correlation

Correlation between ICVT and FMDE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2015 - 2026)

ICVT vs FMDE dividend yield comparison.

Year	ICVT	FMDE
2026	0.65%	0.52%
2025	1.73%	1.23%
2024	2.19%	1.11%
2023	1.85%	0.10%
2022	1.93%	0.00%
2021	7.70%	0.00%
2020	3.98%	0.00%
2019	1.86%	0.00%
2018	4.82%	0.00%
2017	2.56%	0.00%
2016	3.06%	0.00%
2015	1.57%	0.00%