FMDE vs SMLF: holdings overlap, shared companies and scores
As of September 11, 2026, FMDE and SMLF overlap 19.0% by weight. Fidelity Enhanced Mid Cap ETF (FMDE): U.S. mid-cap stocks. iShares U.S. Small-Cap Equity Factor ETF (SMLF): U.S. small-cap factor stocks.
Updated September 11, 2026
How much do FMDE and SMLF overlap?
As of September 11, 2026, FMDE and SMLF overlap 19.0% by weight.
32% of FMDE is already inside SMLF.
35% of SMLF is already inside FMDE.
FMDE holds 417 companies and SMLF holds 891; 167 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FMDE and SMLF?
As of September 11, 2026, ETF Copilot scores FMDE 6.0 out of 10 and SMLF 4.8 out of 10.
They differ most on Risk: FMDE 9.0 and SMLF 4.0.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FMDE | SMLF |
|---|---|---|
| Growth | 4.2 | 6.3 |
| Valuation | 8.7 | 4.0 |
| Risk | 9.0 | 4.0 |
| Quality | 3.4 | 2.4 |
| Return | 5.7 | 6.0 |
SMLF is the cheaper of the two at 0.15% a year
As of September 11, 2026, FMDE charges 0.23% a year, yields 1.44% and holds $8.2B in assets across 417 positions.
As of September 11, 2026, SMLF charges 0.15% a year, yields 1.22% and holds $4.3B in assets across 891 positions.
| Measure | FMDE | SMLF |
|---|---|---|
| Expense ratio | 0.23% | 0.15% |
| Dividend yield | 1.44% | 1.22% |
| Assets under management | $8.2B | $4.3B |
| Holdings | 417 | 891 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Where FMDE and SMLF trade against their own history
FMDE trades at 19.4 times earnings, against its own median of 20.5, and is cheaper than 83% of its own 35 monthly readings since 2023.
SMLF trades at 18.5 times earnings, against its own median of 16.1, and is more expensive than 75% of its own 114 monthly readings since 2017.
What moved FMDE and SMLF this week
FMDE fell 1.8% in the week to September 11, 2026. The holdings that moved it most were Snowflake (−7.7%), Casey S General Stores (−18.8%) and Robinhood Markets (−9.7%); Qorvo (+16.2%) pushed the other way.
SMLF fell 2.1% in the week to September 11, 2026. The holdings that moved it most were Casey S General Stores (−18.8%), Servicetitan (−41.3%) and UiPath (−24.5%); Semtech (+23.5%) pushed the other way.
What do FMDE and SMLF each hold?
What's inside FMDE: Tech 22%, AI 3%.
9% of FMDE is its ten largest holdings.
What's inside SMLF: Tech 19%, Semiconductors 4%.
8% of SMLF is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FMDE vs SMLF holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fmde-vs-smlf
Register free to unlock FMDE vs SMLF prices and holdings on ETF Copilot.
Register free →