TCAF vs FMDE
Comparison between T. ROWE PRICE CAPITAL APPRECIATION EQUITY ETF (TCAF, ETF) and FIDELITY ENHANCED MID CAP ETF (FMDE, ETF).
TCAF vs FMDE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TCAF
$7.40B
FMDE
$7.40B
Expense Ratio
TCAF
0.31%
Winner
FMDE
0.23%
Max Drawdown
Winner
TCAF
16.57%
FMDE
21.61%
Sharpe Ratio
TCAF
1.08
Winner
FMDE
1.13
5Y Beta
Winner
TCAF
0.88
FMDE
0.91
P/E Ratio
TCAF
35.90
Winner
FMDE
23.95
Forward P/E
TCAF
21.79
Winner
FMDE
15.73
PEG Ratio
TCAF
0.57
FMDE
N/A
5Y EPS CAGR
Winner
TCAF
23.88%
FMDE
16.21%
Debt to Equity
TCAF
N/A
FMDE
58.60%
P/S Ratio
TCAF
2.56
Winner
FMDE
1.56
P/B Ratio
TCAF
5.40
Winner
FMDE
2.97
TCAF vs FMDE - Holdings Comparison
TCAF and FMDE have 20 common holdings. Overlap is 2.76%
TCAF's top 25 holdings weight is 62.24%. FMDE's top 25 holdings weight is 19.96%.
| Rank | TCAF | FMDE |
|---|---|---|
| #1 | AMAZON.COM INC (AMZN) - 5.39% | n/a (n/a) - 1.11% |
| #2 | MICROSOFT CORP (MSFT) - 4.96% | MARATHON PETROLEUM CORP (MPC) - 1.00% |
| #3 | NVIDIA CORP (NVDA) - 4.67% | ALLSTATE CORP (ALL) - 1.00% |
| #4 | APPLE INC (AAPL) - 4.52% | L3HARRIS TECHNOLOGIES INC (LHX) - 0.93% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 4.01% | KINDER MORGAN INC CLASS P (KMI) - 0.92% |
| #6 | META PLATFORMS INC CLASS A (META) - 3.79% | KEYSIGHT TECHNOLOGIES INC (KEYS) - 0.91% |
| #7 | BROADCOM INC (AVGO) - 3.38% | STATE STREET CORP (STT) - 0.89% |
| #8 | CENTERPOINT ENERGY INC (CNP) - 2.83% | AMETEK INC (AME) - 0.88% |
| #9 | CENCORA INC (COR) - 2.39% | HUMANA INC (HUM) - 0.87% |
| #10 | KEURIG DR PEPPER INC (KDP) - 2.24% | TERADYNE INC (TER) - 0.85% |
| #11 | NISOURCE INC (NI) - 2.16% | COMFORT SYSTEMS USA INC (FIX) - 0.85% |
| #12 | ADVANCED MICRO DEVICES INC (AMD) - 2.11% | VENTAS INC (VTR) - 0.85% |
| #13 | MASTERCARD INC CLASS A (MA) - 1.89% | FORD MOTOR CO (F) - 0.84% |
| #14 | n/a (TSM) - 1.80% | CORTEVA INC (CTVA) - 0.84% |
| #15 | JPMORGAN CHASE & CO (JPM) - 1.73% | CARDINAL HEALTH INC (CAH) - 0.81% |
| #16 | ALPHABET INC CLASS C (GOOG) - 1.63% | NUCOR CORP (NUE) - 0.78% |
| #17 | WATERS CORP (WAT) - 1.60% | NORTHERN TRUST CORP (NTRS) - 0.77% |
| #18 | AMEREN CORP (AEE) - 1.54% | FIDELITY CASH CENTRAL FUND (n/a) - 0.76% |
| #19 | MICRON TECHNOLOGY INC (MU) - 1.50% | OCCIDENTAL PETROLEUM CORP (OXY) - 0.76% |
| #20 | VISA INC CLASS A (V) - 1.48% | EXPEDIA GROUP INC (EXPE) - 0.74% |
| #21 | PPL CORP (PPL) - 1.47% | SENSATA TECHNOLOGIES HOLDING PLC (ST) - 0.52% |
| #22 | DANAHER CORP (DHR) - 1.45% | VISTRA CORP (VST) - 0.52% |
| #23 | REVVITY INC (RVTY) - 1.34% | HASBRO INC (HAS) - 0.52% |
| #24 | CYTOKINETICS INC (CYTK) - 1.20% | NASDAQ INC (NDAQ) - 0.52% |
| #25 | STARBUCKS CORP (SBUX) - 1.16% | VALMONT INDUSTRIES INC (VMI) - 0.52% |
| Total Holdings | 106 | 401 |
TCAF vs FMDE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
TCAF
+2.71%
FMDE
+0.86%
3M
Winner
TCAF
+7.71%
FMDE
+7.37%
6M
TCAF
+7.57%
Winner
FMDE
+8.70%
1Y
TCAF
+17.03%
Winner
FMDE
+19.42%
Max(CAGR)
TCAF
+17.58%
Winner
FMDE
+21.33%
TCAF vs FMDE - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | TCAF | FMDE |
|---|---|---|
| 2026 | +9.18% | +11.49% |
| 2025 | +15.83% | +12.33% |
| 2024 | +21.95% | +22.25% |
| 2023 | +8.40% | +8.91% |
TCAF vs FMDE Drawdown Comparison
The maximum drawdown for TCAF was -16.37%, occurring on Apr 8, 2025. Recovery took 102 trading sessions.
The maximum drawdown for FMDE was -21.10%, occurring on Apr 8, 2025. Recovery took 155 trading sessions.
The current TCAF drawdown is -0.72%.
| Rank | TCAF | FMDE |
|---|---|---|
| #1 | -16.37% Jan 28, 2025 - Jun 25, 2025 | -21.10% Dec 4, 2024 - Jul 22, 2025 |
| #2 | -11.33% Oct 28, 2025 - Apr 17, 2026 | -8.32% Feb 26, 2026 - Apr 17, 2026 |
| #3 | -8.80% Jul 28, 2023 - Nov 20, 2023 | -6.79% Jul 16, 2024 - Aug 21, 2024 |
| #4 | -5.99% Jul 16, 2024 - Aug 19, 2024 | -6.53% Mar 27, 2024 - Jul 16, 2024 |
| #5 | -4.56% Mar 27, 2024 - May 14, 2024 | -5.69% Oct 27, 2025 - Nov 28, 2025 |
| #6 | -4.20% Dec 4, 2024 - Jan 23, 2025 | -4.09% Sep 18, 2025 - Oct 27, 2025 |
| #7 | -3.99% May 29, 2026 - Jul 1, 2026 | -3.99% Aug 30, 2024 - Sep 18, 2024 |
| #8 | -3.86% Aug 30, 2024 - Sep 16, 2024 | -3.19% Jun 4, 2026 - Jun 12, 2026 |
| #9 | -3.08% Oct 14, 2024 - Nov 6, 2024 | -3.02% Jan 15, 2026 - Feb 20, 2026 |
| #10 | -2.77% Oct 8, 2025 - Oct 24, 2025 | -2.86% Dec 28, 2023 - Jan 29, 2024 |
| #11 | -2.71% Nov 8, 2024 - Nov 29, 2024 | -2.60% May 6, 2026 - May 22, 2026 |
| #12 | -2.49% May 21, 2024 - Jun 5, 2024 | -2.59% Nov 11, 2024 - Nov 22, 2024 |
| #13 | -2.45% Jun 15, 2023 - Jul 13, 2023 | -2.41% Jul 25, 2025 - Aug 13, 2025 |
| #14 | -2.10% Jul 25, 2025 - Aug 13, 2025 | -2.28% Oct 18, 2024 - Nov 6, 2024 |
| #15 | -2.03% Dec 27, 2023 - Jan 19, 2024 | -2.22% Dec 11, 2025 - Jan 5, 2026 |
Correlation
Correlation between TCAF and FMDE is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.
0.98
-101
Dividend Comparison (2023 - 2026)
TCAF vs FMDE dividend yield comparison.
| Year | TCAF | FMDE |
|---|---|---|
| 2026 | 0.00% | 0.52% |
| 2025 | 0.50% | 1.23% |
| 2024 | 0.43% | 1.11% |
| 2023 | 0.26% | 0.10% |
Select Stocks to Compare
Popular: TCAF vs SPYFMDE vs SPY
More Comparisons
Compare with similar stocks