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FMETvsIGPTETF Comparison

ETF 1
FMET

Fidelity Metaverse ETF

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

Invesco AI and Next Gen Software ETF

This fund is part of
Uncategorized Equities
-0.54%
Full IGPT fund page

Fidelity Metaverse ETF (FMET) belongs to the US Large Cap segment. Invesco AI and Next Gen Software ETF (IGPT) is part of the Uncategorized Equities segment. FMET's top 3 sector exposures are Information Technology, Communication Services and Real Estate. In contrast, IGPT's top sector exposures are Information Technology, Communication Services and Health Care. FMET is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.56% for IGPT. FMET is down -10.49% year-to-date (YTD) with -$3M in YTD flows. IGPT performs better with 1.97% YTD performance, and +$17M in YTD flows. Run a side-by-side ETF comparison of FMET and IGPT 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 IGPT performance and flow charts

Performance

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

Cumulative Flows

0 M1 M2 M3 M4 MFeb 13Feb 23Mar 2Mar 9

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Historic performance and flows
Data as of 03/13/2026
1M3MYTD1Y3Y5Y
Perf.
FMET
IGPT
-3.37%-2.99%
-10.51%+5.60%
-10.49%+1.97%
+14.18%+47.48%
+50.09%+98.68%
n/a+17.26%
Flows
FMET
IGPT
-+$4M
-$3M+$17M
-$3M+$17M
+$7M+$95M
+$19M+$275M
--$24M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FMET
IGPT
+16.95%+26.34%
+22.28%+29.42%
+19.40%+24.63%
n/a+26.47%
Max drawdown
FMET
IGPT
-12.37%-9.31%
-17.58%-20.14%
-24.75%-29.38%
n/a-46.76%
Max drawdown duration
FMET
IGPT
66d43d
137d45d
110d370d
n/a1605d
Trading data

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FMET
IGPT
Last sale
3/13/2026 at 1:30 PM
$32.19
$60.81
Previous close
03/12/2026
$32.39
$60.79
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
IGPT
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
IGPT
Last price
$32.19
$60.81
1D performance
-0.63%
+0.03%
AuM$40.30 M$681.95 M
E/R0.39%0.56%
Characteristics
FMET
IGPT
Management strategyPassivePassive
ProviderFidelityInvesco
BenchmarkFidelity Metaverse IndexSTOXX World AC NexGen Software Development
N° of holdings4387
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%
IGPT
USA
80.06%
Other
19.94%

Sectors

FMET
Information Techn.
47.47%
Communication Ser.
35.3%
Real Estate
7.58%
Other
9.65%
IGPT
Information Techn.
67.7%
Communication Ser.
17.86%
Other
14.44%

Diversification

FMET

Total weight of top 15 holdings out of 15

58.87%
IGPT

Total weight of top 15 holdings out of 15

72.46%

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%
IGPT
MICRON TECHNOLOGY
10.47%
ADVANCED MICRO DEVICES
8.42%
ALPHABET INC-CL
7.91%
NVIDIA
7.65%
META PLATFORMS
7.64%
SK HYNIX
6.49%
INTUITIVE SURGICAL
4.03%
QUALCOMM
3.43%
INTEL-T
3.42%
ADOBE INC
3.09%
MEDIATEK INC
2.20%
WESTERN DIGITAL
2.00%
EQUINIX INC COMMON STOCK REIT
1.92%
KEYENCE
1.89%
SEAGATE TECHNOLOGY HOLDINGS PLC
1.89%
Frequently asked questions about FMET and IGPT

How have the FMET and IGPT ETFs performed in 2026?

As of March 13, 2026, FMET is down -10.49% year-to-date (YTD), while IGPT has returned 1.97%. That puts IGPT better performer ahead so far this year.

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

Year-to-date, the FMET ETF saw -$3M in flows, compared to +$17M for IGPT.

Which ETF is more volatile: FMET or IGPT?

Over the past year, FMET had a volatility of 22.28%, while IGPT experienced 29.42%.

Which ETF is bigger: FMET or IGPT?

As of March 13, 2026, FMET holds $40.30 M in assets under management (AUM), while IGPT manages $681.95 M.

What sectors do the FMET and IGPT ETFs invest in?

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

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

FMET top holdings include ADVANCED MICRO DEVICES, ALPHABET INC-CL and NVIDIA. IGPT holds in its top three: MICRON TECHNOLOGY, ADVANCED MICRO DEVICES and ALPHABET INC-CL.

Which ETF is more diversified: FMET or IGPT?

FMET holds 50 securities with 58.87% of its assets in the top 15. IGPT has 98 securities and a top 15 weight of 72.46%.

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