FMETvsXAIXETF Comparison
ETF 1
FMET
Fidelity Metaverse ETF
VS
Fidelity Metaverse ETF (FMET) belongs to the segment. Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is part of the AI & Big Data segment. FMET's top 3 sector exposures are Technology, Finance and Industrials. In contrast, XAIX's top sector exposures are Technology, Consumer Non-Cyclicals and Business Services. FMET is more expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.35% for XAIX. FMET is up 6.67% year-to-date (YTD) with -$9M in YTD flows. XAIX performs better with 32.02% YTD performance, and +$20M in YTD flows. Run a side-by-side ETF comparison of FMET and XAIX 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 XAIX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/26/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FMET XAIX | -1.01%-3.27% | +3.51%+8.13% | +6.67%+32.02% | -1.78%+29.34% | +70.27%n/a | n/an/a |
| Flows | FMET XAIX | -- | -$4M-$17M | -$9M+$20M | -$7M+$32M | +$11M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FMET XAIX | +17.44%+20.24% | +19.69%+23.32% | +20.18%n/a | n/an/a |
| Max drawdown | FMET XAIX | -4.80%-7.30% | -22.77%-16.43% | -24.75%n/a | n/an/a |
| Max drawdown duration | FMET XAIX | 20d20d | 212d146d | 110dn/a | n/an/a |
Trading data
FMET | XAIX | |
Last sale 10/27/2026 at 1:30 PM | $38.50 | $57.32 |
| Previous close 10/26/2026 | $38.20 | $56.64 |
| Consolidated volume 10/26/2026 | ||
| 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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FMET | XAIX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/27/2026 at 1:30 PM
Live
Closed
FMET | XAIX | |
|---|---|---|
| Last price | $38.50 | $57.32 |
| 1D performance | +0.78% | +1.21% |
| AuM | $41.99 M | $156.65 M |
| E/R | 0.39% | 0.35% |
Characteristics
FMET | XAIX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | Xtrackers by DWS |
| Benchmark | Fidelity Metaverse Index | Nasdaq Global Artificial Intelligence and Big Data Index |
| N° of holdings | 49 | 101 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 19, 2022 | August 2, 2024 |
| ESG | No | Yes |
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Exposure
Countries
FMET
USA
75.79%
China
9.17%
Other
15.04%
XAIX
USA
82.46%
Republic of Korea
7.16%
Other
10.38%
Sectors
FMET
Technology
89.44%
Finance
8.21%
Other
2.35%
XAIX
Technology
77.06%
Consumer Non-Cycl.
11.35%
Other
11.59%
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Diversification
FMET
Total weight of top 15 holdings out of 15
59.88%
XAIX
Total weight of top 15 holdings out of 15
60.21%
Top 15 holdings
Data as of August 31, 2026
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%
XAIX
Microsoft Corp.
5.87%
NVIDIA Corp.
4.75%
Apple, Inc.
4.72%
Amazon.com, Inc.
4.70%
Meta Platforms, Inc.
4.38%
Alphabet, Inc.
4.09%
Walmart, Inc.
3.99%
Samsung Electronics Co., Ltd.
3.80%
Palantir Technologies, Inc.
3.73%
Cisco Systems, Inc.
3.63%
Bank of America Corp.
3.63%
Micron Technology, Inc.
3.58%
Advanced Micro Devices, Inc.
3.50%
SK hynix, Inc.
3.09%
Intel Corp.
2.76%
Frequently asked questions about FMET and XAIX
How have the FMET and XAIX ETFs performed in 2026?
As of October 26, 2026, FMET is up 6.67% year-to-date (YTD), while XAIX has returned 32.02%. That puts XAIX better performer ahead so far this year.
Which ETF is attracting more investor money: FMET or XAIX?
Year-to-date, the FMET ETF saw -$9M in flows, compared to +$20M for XAIX.
Which ETF is more volatile: FMET or XAIX?
Over the past year, FMET had a volatility of 19.69%, while XAIX experienced 23.32%.
Which ETF is bigger: FMET or XAIX?
As of October 26, 2026, FMET holds $41.99 M in assets under management (AUM), while XAIX manages $156.65 M.
What sectors do the FMET and XAIX ETFs invest in?
FMET leans toward sectors like Technology and Finance. Meanwhile, XAIX focuses on Technology and Consumer Non-Cyclicals.
What are the top holdings of the FMET ETF and XAIX ETF?
FMET top holdings include Microsoft Corp., Adobe, Inc. and Apple, Inc.. XAIX holds in its top three: Microsoft Corp., NVIDIA Corp. and Apple, Inc..
Which ETF is more diversified: FMET or XAIX?
FMET holds 49 securities with 59.88% of its assets in the top 15. XAIX has 146 securities and a top 15 weight of 60.21%.
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Latest news about FMET & XAIX
Ask the Manager: Dr. Maria Milina on Artificial Intelligence and What to expect in 2026
March 10, 2026
XAIX
Patent Activity: A Forward-Looking Way to Capture the AI Megatrend
December 15, 2025
XAIX
Heads Up Investors: There's a New Artificial Intelligence (AI) ETF in Town
September 11, 2024
XAIX
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