BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

KNCTvsFMETETF Comparison

ETF 1

KNCT

Invesco Next Gen Connectivity ETF

This fund is part of

Digital Infrastructure and Connectivity

+0.18%

Full KNCT fund page

VS

ETF 2

FMET

Fidelity Metaverse ETF

Full FMET fund page

Invesco Next Gen Connectivity ETF (KNCT) belongs to the Digital Infrastructure and Connectivity segment. Fidelity Metaverse ETF (FMET) is part of the segment. KNCT's top 3 sector exposures are Technology, Telecommunications and Finance. In contrast, FMET's top sector exposures are Technology, Finance and Industrials. KNCT is more expensive with a Total Expense Ratio (TER) of 0.4%, versus 0.39% for FMET. KNCT is up 40.2% year-to-date (YTD) with +$12M in YTD flows. FMET performs worse with 6.45% YTD performance, and -$9M in YTD flows. Run a side-by-side ETF comparison of KNCT 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

KNCT vs FMET performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KNCT FMET	-10.12%-3.37%	-2.93%+5.27%	+40.20%+6.45%	+42.83%+1.30%	+155.91%+66.10%	+105.79%n/a
Flows	KNCT FMET	+$2M-	-$4M-$4M	+$12M-$9M	+$69M-$7M	+$51M+$11M	+$54M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KNCT FMET	+28.43%+17.55%	+29.01%+19.79%	+22.53%+20.22%	+24.26%n/a
Max drawdown	KNCT FMET	-13.00%-4.80%	-18.97%-22.77%	-21.00%-24.75%	-34.41%n/a
Max drawdown duration	KNCT FMET	17d17d	143d212d	111d110d	969dn/a

Trading data

Create an account to view trading data

Join for free

	KNCT	FMET
Last sale 10/23/2026 at 1:30 PM	$186.39	$38.14
Previous close 10/22/2026	$184.32	$38.24
Consolidated volume 10/22/2026
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

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	KNCT	FMET
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	KNCT	FMET
Last price	$186.39	$38.14
1D performance	+1.12%	-0.28%
AuM	$149.37 M	$41.90 M
E/R	0.4%	0.39%

Characteristics

	KNCT	FMET
Management strategy	Passive	Passive
Provider	Invesco	Fidelity
Benchmark	STOXX World AC NexGen Connectivity Index	Fidelity Metaverse Index
N° of holdings	100	49
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 23, 2005	April 19, 2022
ESG	No	No

More KNCT data on Trackinsight

More FMET data on Trackinsight

Exposure

Countries

KNCT

USA

67.73%

Republic of Korea

11.23%

Taiwan

10.71%

Other

10.34%

FMET

USA

75.79%

China

9.17%

Other

15.04%

Sectors

KNCT

Technology

84.85%

Telecommunication.

11.39%

Other

3.76%

FMET

Technology

89.44%

Finance

8.21%

Other

2.35%

Diversification

KNCT

Total weight of top 15 holdings out of 15

67.25%

FMET

Total weight of top 15 holdings out of 15

59.88%

Top 15 holdings

Data as of August 31, 2026

KNCT

Taiwan Semiconductor Manufacturing Co., Ltd.

8.65%

Apple, Inc.

8.53%

Broadcom Inc.

7.73%

Micron Technology, Inc.

7.53%

Samsung Electronics Co., Ltd.

7.12%

Cisco Systems, Inc.

4.15%

SK hynix, Inc.

4.11%

Intel Corp.

3.55%

Palo Alto Networks, Inc.

3.25%

CrowdStrike Holdings, Inc.

2.42%

Arista Networks, Inc.

2.38%

Marvell Technology, Inc.

2.21%

Verizon Communications, Inc.

2.15%

AT&T, Inc.

1.82%

QUALCOMM, Inc.

1.64%

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 KNCT and FMET

How have the KNCT and FMET ETFs performed in 2026?

As of October 23, 2026, KNCT is up 40.2% year-to-date (YTD), while FMET has returned 6.45%. That puts KNCT better performer ahead so far this year.

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

Year-to-date, the KNCT ETF saw +$12M in flows, compared to -$9M for FMET.

Which ETF is more volatile: KNCT or FMET?

Over the past year, KNCT had a volatility of 29.01%, while FMET experienced 19.79%.

Which ETF is bigger: KNCT or FMET?

As of October 23, 2026, KNCT holds $149.37 M in assets under management (AUM), while FMET manages $41.90 M.

What sectors do the KNCT and FMET ETFs invest in?

KNCT leans toward sectors like Technology and Telecommunications. Meanwhile, FMET focuses on Technology and Finance.

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

KNCT top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Apple, Inc. and Broadcom Inc.. FMET holds in its top three: Microsoft Corp., Adobe, Inc. and Apple, Inc..

KNCTvsFMETETF Comparison

Invesco Next Gen Connectivity ETF

Fidelity Metaverse ETF

KNCT vs FMET performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the KNCT and FMET ETFs performed in 2026?

As of October 23, 2026, KNCT is up 40.2% year-to-date (YTD), while FMET has returned 6.45%. That puts KNCT better performer ahead so far this year.

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

Year-to-date, the KNCT ETF saw +$12M in flows, compared to -$9M for FMET.

Which ETF is more volatile: KNCT or FMET?

Over the past year, KNCT had a volatility of 29.01%, while FMET experienced 19.79%.

Which ETF is bigger: KNCT or FMET?

As of October 23, 2026, KNCT holds $149.37 M in assets under management (AUM), while FMET manages $41.90 M.

What sectors do the KNCT and FMET ETFs invest in?

KNCT leans toward sectors like Technology and Telecommunications. Meanwhile, FMET focuses on Technology and Finance.

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

KNCT top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Apple, Inc. and Broadcom Inc.. FMET holds in its top three: Microsoft Corp., Adobe, Inc. and Apple, Inc..

Which ETF is more diversified: KNCT or FMET?

KNCT holds 100 securities with 67.25% of its assets in the top 15. FMET has 49 securities and a top 15 weight of 59.88%.

ETFs’ Next Act: From Access to Selection