EPMB vs FMDE
Harbor Mid Cap Core ETF vs Fidelity Enhanced Mid Cap Core ETF
Which is better, EPMB or FMDE?
EPMB has been ahead.
FMDE has a lower expense ratio. EPMB led over 1Y and the full window. FMDE is less concentrated, with 9.4% of the fund in its ten largest positions against 27.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EPMB | FMDE |
|---|---|---|
| Expense Ratio | 0.88% | 0.23%Best |
| AUM | $5M | $8.1B |
| Dividend Yield | 1.58% | 1.07% |
| Holdings | 119 | 486 |
| YTD Return | +12.01% | +12.82%Best |
| 1Y Return | +21.07%Best | +16.39% |
| 3Y Return (annualized) | - | +19.84% |
| Volatility (annualized) | 12.2% | 9.8%Best |
| Max Drawdown | -8.9% | -8.3%Best |
| $10,000 over 1.5 years | $13,414Best | $13,124 |
| Top 10 Weight | 27.7% | 9.4%Best |
| Fund Family | Harbor Funds | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | May 1, 2025 | Nov 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: May 2, 2025 to Oct 14, 2026 (1.5 years).
EPMB vs FMDE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
EPMB vs FMDE Performance
Harbor Mid Cap Core ETF (EPMB) is an ETF from Harbor Funds and Fidelity Enhanced Mid Cap Core ETF (FMDE) is an ETF from Fidelity Investments (US). Over the past year EPMB returned +21.07% while FMDE returned +16.39%. Year to date, EPMB is up 12.01% versus a gain of 12.82% for FMDE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EPMB has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 9.8% for FMDE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -8.9% for EPMB and -8.3% for FMDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EPMB charges 0.88% per year while FMDE charges 0.23%. On a $10,000 position that is $88 vs $23 annually, a gap of $65 per year that compounds over a long holding period. On income, EPMB currently yields 1.58% against 1.07% for FMDE.
Holdings Overlap
47.7% of EPMB's money is in holdings FMDE also owns. 5.5% of FMDE's money is in holdings EPMB also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 59 positions we hold weights for in EPMB and 482 in FMDE, against full books of 119 and 486.
What only one of them owns
Our book lists 378 positions for FMDE that do not appear in our book for EPMB (89.8% of the fund), and 30 for EPMB that do not appear in FMDE (45.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EPMB | Weight in FMDE | Difference |
|---|---|---|---|
| KEYSKeysight Technologies Inc. | 3.77% | 0.94% | 2.83% |
| TWLOTwilio Inc. Class A | 3.69% | 0.43% | 3.26% |
| WWDWoodward Inc | 2.85% | 0.36% | 2.49% |
| IQVI Q V I A Holdings Inc. | 2.50% | 0.21% | 2.29% |
| ARWArrow Electronics Inc. | 2.47% | 0.05% | 2.42% |
| RGAReinsurance Group of America, Incorporated | 2.27% | 0.03% | 2.24% |
| CNCCentene | 1.73% | 0.49% | 1.24% |
| ROSTRoss Stores, Inc. | 2.07% | 0.14% | 1.93% |
| AAgilent Technologies Inc | 1.67% | 0.27% | 1.40% |
| SYYSysco Corp | 1.07% | 0.79% | 0.28% |
47.7% of EPMB is already inside FMDE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EPMB or FMDE?
EPMB has an expense ratio of 0.88% while FMDE charges 0.23%. FMDE is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, EPMB or FMDE?
Over the past year EPMB returned +21.07% vs +16.39% for FMDE, so EPMB leads on 1-year performance. Over the longest common window we track (2 years), EPMB annualized +21.63% vs +19.87% for FMDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPMB or FMDE?
EPMB has been the more volatile fund at 12.2% annualized versus 9.8% for FMDE. Worst drawdown: EPMB -8.9% vs FMDE -8.3%.
Should I hold both EPMB and FMDE?
EPMB and FMDE have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EPMB and FMDE?
47.7% of EPMB's money is in holdings FMDE also owns. 5.5% of FMDE's is in holdings EPMB also owns. They hold 27 positions in common, counted across the 59 positions we hold weights for in EPMB and 482 in FMDE.
Which pays a higher dividend, EPMB or FMDE?
EPMB yields 1.58% while FMDE yields 1.07%, so EPMB currently pays the higher dividend yield.
Is FMDE better than EPMB?
FMDE has a lower expense ratio. EPMB led over 1Y and the full window. FMDE is less concentrated, with 9.4% of the fund in its ten largest positions against 27.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.