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FMETvsGGMEETF Comparison

ETF 1
FMET

Fidelity Metaverse ETF

This fund is part of
US Large Cap
-0.56%
Full FMET fund page
VS
ETF 2
GGME

Invesco Next Gen Media and Gaming ETF

This fund is part of
Multiple Trends
-0.34%
Full GGME fund page

Fidelity Metaverse ETF (FMET) belongs to the US Large Cap segment. Invesco Next Gen Media and Gaming ETF (GGME) is part of the Multiple Trends segment. FMET's top 3 sector exposures are Information Technology, Communication Services and Real Estate. In contrast, GGME'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 0.71% for GGME. FMET is down -10.49% year-to-date (YTD) with -$3M in YTD flows. GGME performs worse with -12.09% YTD performance, and -$90M in YTD flows. Run a side-by-side ETF comparison of FMET and GGME 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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FMET vs GGME performance and flow charts

Performance

-4.0-2.00.02.04.0%Feb 13Feb 23Mar 2Mar 9

Cumulative Flows

-4 M-3 M-2 M-1 M0 MFeb 13Feb 23Mar 2Mar 9

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Historic performance and flows
Data as of 03/13/2026
1M3MYTD1Y3Y5Y
Perf.
FMET
GGME
-3.37%+0.81%
-10.51%-12.13%
-10.49%-12.09%
+14.18%+5.40%
+50.09%+66.10%
n/a-6.27%
Flows
FMET
GGME
--$4M
-$3M-$90M
-$3M-$90M
+$7M-$86M
+$19M-$2M
--$32M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FMET
GGME
+16.95%+19.55%
+22.28%+24.15%
+19.40%+21.03%
n/a+23.63%
Max drawdown
FMET
GGME
-12.37%-14.77%
-17.58%-22.31%
-24.75%-24.25%
n/a-46.19%
Max drawdown duration
FMET
GGME
66d75d
137d137d
110d108d
n/a1424d
Trading data

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FMET
GGME
Last sale
3/13/2026 at 1:30 PM
$32.19
$52.20
Previous close
03/12/2026
$32.39
$52.61
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FMET
GGME
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/13/2026 at 1:30 PM
Live
Closed
FMET
GGME
Last price
$32.19
$52.20
1D performance
-0.63%
-0.78%
AuM$40.30 M$46.55 M
E/R0.39%0.71%
Characteristics
FMET
GGME
Management strategyPassivePassive
ProviderFidelityInvesco
BenchmarkFidelity Metaverse IndexSTOXX World AC NexGen Media
N° of holdings4385
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateApril 19, 2022June 23, 2005
ESGNoNo
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Exposure

Countries

FMET
USA
78.81%
Cayman Islands
7.27%
Republic of Korea
7.18%
Other
6.74%
GGME
USA
75.62%
Japan
7.05%
Other
17.32%

Sectors

FMET
Information Techn.
47.47%
Communication Ser.
35.3%
Real Estate
7.58%
Other
9.65%
GGME
Information Techn.
51.88%
Communication Ser.
41.76%
Other
6.36%
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Diversification

FMET

Total weight of top 15 holdings out of 15

58.87%
GGME

Total weight of top 15 holdings out of 15

75.79%

Top 15 holdings

Data as of January 31, 2026
FMET
ADVANCED MICRO DEVICES
5.24%
ALPHABET INC-CL
4.75%
NVIDIA
4.68%
META PLATFORMS
4.52%
MICROSOFT-T
4.47%
EQUINIX INC COMMON STOCK REIT
4.28%
ADOBE INC
4.09%
APPLE
4.09%
QUALCOMM
3.92%
MONOLITHIC POWER SYSTEMS
3.74%
DIGITAL REALTY REIT
3.30%
ELECTRONIC ARTS
3.09%
NETEASE INC
2.97%
TAKE TWO
2.95%
ROBLOX
2.79%
GGME
ADVANCED MICRO DEVICES
9.51%
NVIDIA
8.63%
META PLATFORMS
8.62%
APPLE
7.69%
NETFLIX
7.63%
NINTENDO
4.35%
ADOBE INC
4.10%
SPOTIFY TECHNOLOGY SA
4.05%
QUALCOMM
4.01%
CLOUDFLARE INC
3.47%
AUTODESK
3.31%
ROBLOX
2.82%
ELECTRONIC ARTS
2.67%
TAKE TWO
2.48%
NETEASE INC
2.45%
Frequently asked questions about FMET and GGME

How have the FMET and GGME ETFs performed in 2026?

As of March 13, 2026, FMET is down -10.49% year-to-date (YTD), while GGME has lost -12.09%. That puts FMET better performer ahead so far this year.

Which ETF is attracting more investor money: FMET or GGME?

Year-to-date, the FMET ETF saw -$3M in flows, compared to -$90M for GGME.

Which ETF is more volatile: FMET or GGME?

Over the past year, FMET had a volatility of 22.28%, while GGME experienced 24.15%.

Which ETF is bigger: FMET or GGME?

As of March 13, 2026, FMET holds $40.30 M in assets under management (AUM), while GGME manages $46.55 M.

What sectors do the FMET and GGME ETFs invest in?

FMET leans toward sectors like Information Technology, Communication Services and Real Estate. Meanwhile, GGME focuses on Information Technology and Communication Services.

What are the top holdings of the FMET ETF and GGME ETF?

FMET top holdings include ADVANCED MICRO DEVICES, ALPHABET INC-CL and NVIDIA. GGME holds in its top three: ADVANCED MICRO DEVICES, NVIDIA and META PLATFORMS.

Which ETF is more diversified: FMET or GGME?

FMET holds 50 securities with 58.87% of its assets in the top 15. GGME has 90 securities and a top 15 weight of 75.79%.

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