Fidelity Enhanced Mid Cap Growth ETF
No trades
No trades
Key stats
Fund info
Home page
Inception date
Apr 28, 2026
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US31609A8421
CUSIP
31609A842
FIGI
BBG021Y5YSF1
Identifiers
ISIN US31609A8421
FEMG targets the mid-cap growth segment of the US equity market. It invests in securities included in the index it seeks to outperform, the Russell Midcap Growth Index. These companies are known to have higher price-to-book ratios and higher forecasted growth rates. The fund may also use derivative instruments to gain exposure to these investments or related market risks. It employs a research-driven approach, systematically applying valuation, growth, and quality factors within a proprietary portfolio construction framework to select a diversified group of stocks. Benchmark relative risks are managed by weighting securities based on positive or negative characteristics identified during evaluation. Industry and market capitalization weightings are also considered relative to the index. Note, the fund is actively managed and may invest in securities outside the benchmark index to optimize returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks98.81%
Technology Services25.06%
Electronic Technology15.43%
Health Technology9.86%
Finance6.55%
Distribution Services5.93%
Consumer Services5.71%
Industrial Services5.24%
Retail Trade5.01%
Producer Manufacturing5.01%
Utilities4.05%
Non-Energy Minerals3.45%
Transportation2.63%
Commercial Services1.81%
Energy Minerals0.93%
Consumer Non-Durables0.69%
Communications0.49%
Miscellaneous0.47%
Process Industries0.34%
Consumer Durables0.14%
Bonds, Cash & Other1.19%
Cash1.19%
Breakdown by region
North America99.19%
Europe0.81%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FEMG invests in stocks. The fund's major sectors are Technology Services, with 25.06% stocks, and Electronic Technology, with 15.43% of the basket. The assets are mostly located in the North America region.
FEMG top holdings are Snowflake, Inc. and Cloudflare Inc Class A, occupying 3.46% and 3.42% of the portfolio correspondingly.
FEMG assets under management is 6.82 M USD. It's risen 4.98% over the last month.
FEMG fund flows account for 1.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FEMG pays dividends to its holders with the dividend yield of 0.37%. The last dividend (Jun 23, 2026) amounted to 0.03 USD. The dividends are paid quarterly.
FEMG shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Apr 28, 2026, and its management style is Active.
FEMG expense ratio is 0.23% meaning you'd have to pay 0.23% of your investment to help manage the fund.
FEMG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEMG invests in stocks.
FEMG trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.