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FMETvsARVRETF Comparison
First Trust Indxx Metaverse ETF
Fidelity Metaverse ETF (FMET) belongs to the US Large Cap segment. First Trust Indxx Metaverse ETF (ARVR) is part of the segment. FMET's top 3 sector exposures are Information Technology, Communication Services and Real Estate. In contrast, ARVR's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. FMET is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.7% for ARVR. FMET is down -10.49% year-to-date (YTD) with -$3M in YTD flows. ARVR performs better with -6.99% YTD performance, and +$5K in YTD flows. Run a side-by-side ETF comparison of FMET and ARVR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FMET vs ARVR performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMET ARVR | -3.37%-2.84% | -10.51%-6.62% | -10.49%-6.99% | +14.18%+17.83% | +50.09%+71.85% | n/an/a |
| Flows | FMET ARVR | -- | -$3M+$2M | -$3M+$5K | +$7M+$492K | +$19M+$2M | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMET ARVR | +16.95%+19.24% | +22.28%+22.49% | +19.40%+19.85% | n/an/a |
| Max drawdown | FMET ARVR | -12.37%-11.53% | -17.58%-17.46% | -24.75%-21.31% | n/an/a |
| Max drawdown duration | FMET ARVR | 66d43d | 137d37d | 110d81d | n/an/a |
FMET | ARVR | |
Last sale 3/13/2026 at 1:30 PM | $32.19 | $45.30 |
| Previous close 03/12/2026 | $32.39 | $45.34 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FMET | ARVR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
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| Average | ||
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FMET | ARVR | |
|---|---|---|
| Last price | $32.19 | $45.30 |
| 1D performance | -0.63% | -0.10% |
| AuM | $40.30 M | $4.53 M |
| E/R | 0.39% | 0.7% |
FMET | ARVR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | First Trust |
| Benchmark | Fidelity Metaverse Index | Indxx Metaverse Index |
| N° of holdings | 43 | 41 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 19, 2022 | April 19, 2022 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FMET and ARVR ETFs performed in 2026?
As of March 13, 2026, FMET is down -10.49% year-to-date (YTD), while ARVR has lost -6.99%. That puts ARVR better performer ahead so far this year.
Which ETF is attracting more investor money: FMET or ARVR?
Year-to-date, the FMET ETF saw -$3M in flows, compared to +$5K for ARVR.
Which ETF is more volatile: FMET or ARVR?
Over the past year, FMET had a volatility of 22.28%, while ARVR experienced 22.49%.
Which ETF is bigger: FMET or ARVR?
As of March 13, 2026, FMET holds $40.30 M in assets under management (AUM), while ARVR manages $4.53 M.
What sectors do the FMET and ARVR ETFs invest in?
FMET leans toward sectors like Information Technology, Communication Services and Real Estate. Meanwhile, ARVR focuses on Information Technology and Communication Services.
What are the top holdings of the FMET ETF and ARVR ETF?
FMET top holdings include ADVANCED MICRO DEVICES, ALPHABET INC-CL and NVIDIA. ARVR holds in its top three: MICRON TECHNOLOGY, ADVANCED MICRO DEVICES and TEXAS INSTRUMENTS.
Which ETF is more diversified: FMET or ARVR?
FMET holds 50 securities with 58.87% of its assets in the top 15. ARVR has 42 securities and a top 15 weight of 48.57%.
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