ARVRvsFMETETF Comparison
ETF 1
ARVR
First Trust Indxx Metaverse ETF
VS
ETF 2
FMET
Fidelity Metaverse ETF
First Trust Indxx Metaverse ETF (ARVR) and Fidelity Metaverse ETF (FMET) belong to the same industry segment: . ARVR's top 2 sector exposures are Technology and Healthcare. In contrast, FMET's top sector exposures are Technology, Finance and Industrials. ARVR is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.39% for FMET. ARVR is up 16.21% year-to-date (YTD) with +$3M in YTD flows. FMET performs worse with 7.07% YTD performance, and -$9M in YTD flows. Run a side-by-side ETF comparison of ARVR and FMET below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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ARVR vs FMET performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ARVR FMET | +0.80%+0.42% | +4.42%+3.90% | +16.21%+7.07% | +12.90%+2.42% | +93.33%+60.78% | n/an/a |
| Flows | ARVR FMET | +$49K- | +$3M-$4M | +$3M-$9M | +$5M-$7M | +$5M+$11M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ARVR FMET | +17.17%+17.34% | +21.10%+19.77% | +20.62%+20.22% | n/an/a |
| Max drawdown | ARVR FMET | -3.68%-4.25% | -17.37%-22.77% | -21.31%-24.75% | n/an/a |
| Max drawdown duration | ARVR FMET | 13d10d | 184d212d | 81d110d | n/an/a |
Trading data
ARVR | FMET | |
Last sale 10/19/2026 at 1:30 PM | $57.36 | $38.52 |
| Previous close 10/16/2026 | $56.98 | $38.23 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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ARVR | FMET | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
ARVR | FMET | |
|---|---|---|
| Last price | $57.36 | $38.52 |
| 1D performance | +0.66% | +0.76% |
| AuM | $8.48 M | $42.15 M |
| E/R | 0.7% | 0.39% |
Characteristics
ARVR | FMET | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | Fidelity |
| Benchmark | Indxx Metaverse Index | Fidelity Metaverse Index |
| N° of holdings | 40 | 49 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 19, 2022 | April 19, 2022 |
| ESG | No | No |
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Exposure
Countries
ARVR
USA
57.86%
Japan
19.32%
China
10.53%
Other
12.29%
FMET
USA
75.79%
China
9.17%
Other
15.04%
Sectors
ARVR
Technology
97.64%
Other
2.36%
FMET
Technology
89.44%
Finance
8.21%
Other
2.35%
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Diversification
ARVR
Total weight of top 15 holdings out of 15
52.41%
FMET
Total weight of top 15 holdings out of 15
59.88%
Top 15 holdings
Data as of August 31, 2026
ARVR
NEXON Co., Ltd.
4.41%
Unity Software, Inc.
4.10%
Microsoft Corp.
4.02%
Nintendo Co., Ltd.
3.97%
Adobe, Inc.
3.96%
Sony Group Corp.
3.71%
Xiaomi Corp.
3.39%
NVIDIA Corp.
3.31%
Netflix, Inc.
3.30%
Zoom Communications, Inc.
3.26%
Apple, Inc.
3.17%
Amphenol Corp.
3.10%
Taiwan Semiconductor Manufacturing Co., Ltd.
2.92%
Micron Technology, Inc.
2.90%
Synopsys, Inc.
2.89%
FMET
Microsoft Corp.
5.74%
Adobe, Inc.
5.39%
Apple, Inc.
4.93%
NVIDIA Corp.
4.75%
Equinix, Inc.
4.59%
Alphabet, Inc.
4.47%
Meta Platforms, Inc.
4.43%
Advanced Micro Devices, Inc.
4.24%
Digital Realty Trust, Inc.
3.62%
Monolithic Power Systems, Inc.
3.25%
QUALCOMM, Inc.
3.25%
Take-Two Interactive Software, Inc.
3.24%
NetEase, Inc.
3.17%
Unity Software, Inc.
2.47%
PTC, Inc.
2.35%
Frequently asked questions about ARVR and FMET
How have the ARVR and FMET ETFs performed in 2026?
As of October 16, 2026, ARVR is up 16.21% year-to-date (YTD), while FMET has returned 7.07%. That puts ARVR better performer ahead so far this year.
Which ETF is attracting more investor money: ARVR or FMET?
Year-to-date, the ARVR ETF saw +$3M in flows, compared to -$9M for FMET.
Which ETF is more volatile: ARVR or FMET?
Over the past year, ARVR had a volatility of 21.1%, while FMET experienced 19.77%.
Which ETF is bigger: ARVR or FMET?
As of October 16, 2026, ARVR holds $8.48 M in assets under management (AUM), while FMET manages $42.15 M.
What sectors do the ARVR and FMET ETFs invest in?
ARVR leans toward sectors like Technology. Meanwhile, FMET focuses on Technology and Finance.
What are the top holdings of the ARVR ETF and FMET ETF?
ARVR top holdings include NEXON Co., Ltd., Unity Software, Inc. and Microsoft Corp.. FMET holds in its top three: Microsoft Corp., Adobe, Inc. and Apple, Inc..
Which ETF is more diversified: ARVR or FMET?
ARVR holds 40 securities with 52.41% of its assets in the top 15. FMET has 49 securities and a top 15 weight of 59.88%.
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