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Compare Franklin U.S. Mid Cap Multifactor Index ETF (CA) (FMID) vs iShares S&P U.S. Mid-Cap Index ETF (XMC) to find the best fit for your portfolio. FMID and XMC provide the same top sector exposures: Finance, Industrials, and Technology. When evaluating costs, FMID features a management fee (MER) of 0.3%, compared to 0.15% for XMC. Performance-wise, FMID has returned 8.86% year-to-date with +$2 M in net flows, whereas XMC is at 17.4% with +$189 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FMID
XMC
| AuM | $12.44 M | $854.98 M |
| Management Fees | 0.30% | 0.15% |
| Exp. ratio | 0.35% | 0.16% |
| Tracking Difference | - | 0.20% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FMID | +5.46% | +6.63% | +8.86% | +12.00% | - |
XMC | +0.67% | +6.44% | +17.40% | +22.38% | +54.53% | |
| Flows | FMID | +$0 M | +$0 M | +$2 M | +$0 M | - |
XMC | +$22 M | +$51 M | +$189 M | +$217 M | +$528 M |
FMID vs XMC exposure
Countries
FMID
USA
94.90%
XMC
USA
96.01%
Sectors
FMID
Finance
19.71%
Industrials
16.30%
Technology
14.05%
Healthcare
12.27%
Consumer Non-Cyclicals
10.20%
Consumer Cyclicals
10.20%
Other
17.26%
XMC
Finance
21.64%
Industrials
18.66%
Technology
15.60%
Non-Energy Materials
10.26%
Healthcare
8.62%
Other
25.23%
As of July 17, 2026
Top 10 Holdings
FMID
Monolithic Power Systems, Inc.
1.74%
Old Dominion Freight Line, Inc.
1.51%
eBay, Inc.
1.35%
Cummins, Inc.
1.34%
NetApp, Inc.
1.30%
Delta Air Lines, Inc.
1.29%
Tapestry, Inc.
1.28%
W.W. Grainger, Inc.
1.25%
Garmin Ltd.
1.24%
Cheniere Energy, Inc.
1.12%
XMC
Flex Ltd.
1.58%
Twilio, Inc.
0.82%
TechnipFMC plc
0.79%
Curtiss-Wright Corp.
0.78%
nVent Electric Plc
0.77%
Sterling Infrastructure, Inc.
0.75%
XPO, Inc.
0.71%
Everpure, Inc.
0.71%
Illumina, Inc.
0.71%
United Therapeutics Corp.
0.68%
Diversification
FMID
Total weight of top 10 holdings out of 201 total
13.41%
XMC
Total weight of top 10 holdings out of 401 total
8.30%
Characteristics
Compare
FMID
XMC
| Provider | Franklin Templeton | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | LibertyQ US Mid Cap Equity Total Return Index - USD | S&P MidCap 400 Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.87% | 0.91% |
| Meets ESG criteria | No | No |
| Inception Date | January 30, 2025 | August 4, 2015 |
Frequently asked questions about FMID and XMC
Which ETF has performed better year to date: FMID or XMC?
As of July 17, 2026, FMID has returned 8.86% year to date, while XMC has returned 17.40%. XMC is ahead on YTD performance.
Which ETF is larger by assets under management: FMID or XMC?
As of July 17, 2026, FMID manages $12.44 M in assets, while XMC manages $854.98 M. XMC is the larger fund by AUM.
How are FMID and XMC managed?
FMID is passively managed by Franklin Templeton. It tracks the LibertyQ US Mid Cap Equity Total Return Index - USD benchmark. XMC is passively managed by iShares. It tracks the S&P MidCap 400 Net Total Return Index - CAD benchmark.
What sectors do FMID and XMC emphasize?
FMID is most exposed to Finance, Industrials, and Technology. XMC is most exposed to Finance, Industrials, and Technology.
Which ETF is attracting more investor flows: FMID or XMC?
Year to date, FMID has seen +$1.94 M in net flows, compared with +$189.44 M for XMC. XMC has attracted more net investor money so far.
How do the fees of FMID and XMC compare?
FMID has an expense ratio of 0.35%, while XMC has an expense ratio of 0.16%.
What are the top holdings of FMID and XMC?
FMID's largest holdings include Monolithic Power Systems, Inc., Old Dominion Freight Line, Inc., and eBay, Inc.. XMC's top holdings include Flex Ltd., Twilio, Inc., and TechnipFMC plc.
Which ETF is more diversified: FMID or XMC?
FMID holds 198 securities, while XMC holds 401. On holdings count, XMC is the more diversified portfolio.
Recent articles about FMID and XMC
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