SPMB vs FMDE
Comparison between STATE STREET(R) SPDR(R) PORTFOLIO MORTGAGE BACKED BOND ETF (SPMB, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).
SPMB vs FMDE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPMB
$7B
FMDE
$7B
Expense Ratio
Winner
SPMB
0.04%
FMDE
0.23%
Max Drawdown
SPMB
28.46%
Winner
FMDE
21.61%
Sharpe Ratio
SPMB
0.60
Winner
FMDE
1.15
5Y Beta
Winner
SPMB
0.04
FMDE
0.91
P/E Ratio
SPMB
N/A
FMDE
25.08
Forward P/E
SPMB
N/A
FMDE
16.86
PEG Ratio
SPMB
N/A
FMDE
0.15
5Y Dividends CAGR
SPMB
4.15%
FMDE
N/A
5Y EPS CAGR
SPMB
N/A
FMDE
16.79%
Debt to Equity
SPMB
N/A
FMDE
59.80%
P/S Ratio
SPMB
N/A
FMDE
1.89
P/B Ratio
SPMB
N/A
FMDE
3.32
SPMB vs FMDE - Historical Returns
Returns include dividend reinvestment.
1M
SPMB
+0.54%
Winner
FMDE
+3.72%
3M
SPMB
+0.50%
Winner
FMDE
+12.21%
6M
SPMB
+1.45%
Winner
FMDE
+10.11%
1Y
SPMB
+5.99%
Winner
FMDE
+20.64%
5Y(CAGR)
SPMB
+0.37%
FMDE
N/A
10Y(CAGR)
SPMB
+1.28%
FMDE
N/A
Max(CAGR)
SPMB
+2.33%
Winner
FMDE
+21.50%
SPMB vs FMDE - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | SPMB | FMDE |
|---|---|---|
| 2026 | +1.03% | +9.91% |
| 2025 | +8.33% | +12.33% |
| 2024 | +1.95% | +22.25% |
| 2023 | +4.47% | +8.91% |
| 2022 | -11.74% | N/A |
| 2021 | -1.46% | N/A |
| 2020 | +3.99% | N/A |
| 2019 | +5.91% | N/A |
| 2018 | +1.08% | N/A |
| 2017 | +2.02% | N/A |
| 2016 | +1.15% | N/A |
| 2015 | +2.04% | N/A |
| 2014 | +5.77% | N/A |
| 2013 | -2.04% | N/A |
| 2012 | +2.08% | N/A |
| 2011 | +6.23% | N/A |
| 2010 | +5.17% | N/A |
| 2009 | +5.27% | N/A |
SPMB vs FMDE Drawdown Comparison
The maximum drawdown for SPMB was -18.03%, occurring on Oct 19, 2023. Recovery took 1240 trading sessions.
The maximum drawdown for FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 155 trading sessions.
The current SPMB drawdown is -1.18%.
| Rank | SPMB | FMDE |
|---|---|---|
| #1 | -18.03% Feb 2, 2021 - Jan 9, 2026 | -21.10% Dec 4, 2024 - Jul 22, 2025 |
| #2 | -12.60% Mar 6, 2020 - Mar 30, 2020 | -8.32% Feb 26, 2026 - Apr 17, 2026 |
| #3 | -5.04% Nov 5, 2009 - Jun 14, 2010 | -6.79% Jul 16, 2024 - Aug 21, 2024 |
| #4 | -4.95% Sep 11, 2009 - Nov 5, 2009 | -6.53% Mar 27, 2024 - Jul 16, 2024 |
| #5 | -4.53% Sep 26, 2012 - May 1, 2014 | -5.69% Oct 27, 2025 - Nov 28, 2025 |
| #6 | -4.43% May 18, 2009 - Sep 11, 2009 | -4.09% Sep 18, 2025 - Oct 27, 2025 |
| #7 | -3.93% Sep 29, 2016 - Dec 19, 2018 | -3.99% Aug 30, 2024 - Sep 18, 2024 |
| #8 | -2.99% Nov 3, 2010 - Mar 16, 2011 | -3.19% Jun 4, 2026 - Jun 12, 2026 |
| #9 | -2.89% Feb 27, 2026 - May 19, 2026 | -3.02% Jan 15, 2026 - Feb 20, 2026 |
| #10 | -2.23% Apr 9, 2009 - May 18, 2009 | -2.86% Dec 28, 2023 - Jan 29, 2024 |
| #11 | -2.00% Apr 14, 2015 - Sep 18, 2015 | -2.60% May 6, 2026 - May 22, 2026 |
| #12 | -1.64% Sep 14, 2011 - Jan 13, 2012 | -2.59% Nov 11, 2024 - Nov 22, 2024 |
| #13 | -1.64% Feb 13, 2009 - Mar 13, 2009 | -2.41% Jul 25, 2025 - Aug 13, 2025 |
| #14 | -1.27% Oct 2, 2015 - Jan 13, 2016 | -2.28% Oct 18, 2024 - Nov 6, 2024 |
| #15 | -1.22% Jun 8, 2011 - Aug 2, 2011 | -2.22% Dec 11, 2025 - Jan 5, 2026 |
Correlation
Correlation between SPMB and FMDE is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2009 - 2026)
SPMB vs FMDE dividend yield comparison.
| Year | SPMB | FMDE |
|---|---|---|
| 2026 | 1.58% | 0.27% |
| 2025 | 3.98% | 1.23% |
| 2024 | 3.76% | 1.11% |
| 2023 | 3.21% | 0.10% |
| 2022 | 2.98% | 0.00% |
| 2021 | 2.59% | 0.00% |
| 2020 | 2.95% | 0.00% |
| 2019 | 3.24% | 0.00% |
| 2018 | 3.36% | 0.00% |
| 2017 | 3.13% | 0.00% |
| 2016 | 2.99% | 0.00% |
| 2015 | 3.05% | 0.00% |
| 2014 | 3.54% | 0.00% |
| 2013 | 0.97% | 0.00% |
| 2012 | 2.42% | 0.00% |
| 2011 | 3.88% | 0.00% |
| 2010 | 4.17% | 0.00% |
| 2009 | 3.53% | 0.00% |
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