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Fidelity Metaverse ETF
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Trading data
FMET performance and flow charts
Performance
Flows
Historic performance and flows
Data as of March 13, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -3.37% | -10.51% | -10.49% | +14.18% | +50.09% | |
| Flows | - | -$3M | -$3M | +$7M | +$19M | - |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +16.95% | +22.28% | +19.40% | |
Max drawdown | -12.37% | -17.58% | -24.75% | |
Max drawdown duration | 66d | 137d | 110d | N/A |
Time to recover | N/A | N/A | 63d | N/A |
Replication quality
Data as of February 27, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
Exposure
Data as of January 31, 2026Countries
Sectors
Diversification
Total weight of top 15 holdings out of 50
Top 15 Holdings
Characteristics
The Fidelity Metaverse ETF is built to track the Fidelity Metaverse Index NR - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly).
This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Provider | Fidelity |
| N° of holdings | 50 |
| Replication method | Direct (Physical) |
| Asset class | Equities |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | April 19, 2022 |
| ESG | No |
What type of ETF is FMET?
FMET is a Passive ETF that provides exposure to Equity assets. It is managed by Fidelity.
What index does FMET track?
FMET tracks the Fidelity Metaverse Index NR - USD, aiming to replicate its performance through full replication.
What is the expense ratio of FMET?
The total expense ratio (TER) of FMET is 0.39%, representing the annual fee charged by the fund manager.
When was FMET launched?
FMET was launched on April 19, 2022, marking its entry into the ETF market.
Who is the issuer of FMET?
FMET is issued by Fidelity.
What is the AUM of FMET?
As of March 13, 2026, FMET manages $40.30 M, reflecting the total assets held in the fund.
How has FMET performed recently?
As of March 13, 2026, FMET delivered a return of -3.37% over the past month (1M performance), -10.51% over the past three months (3M), and -10.49% year-to-date (YTD).
Does FMET pay dividends?
As of March 13, 2026, FMET has a trailing 12-month distribution yield of 0.9%.
How many holdings are in FMET
As of January 31, 2026, FMET holds 50 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is FMET?
As of January 31, 2026, FMET holds 50 securities, with 58.87% of its assets concentrated in its top 15 holdings.
What are the top holdings of FMET?
As of January 31, 2026, FMET holds a portfolio of 50 underlyings, with its largest positions including ADVANCED MICRO DEVICES, ALPHABET INC-CL and NVIDIA. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does FMET invest in?
As of January 31, 2026, FMET has its largest geographic exposures in USA, Cayman Islands and Republic of Korea.
What sectors or themes does FMET focus on?
As of January 31, 2026, FMET is primarily exposed to Information Technology, Communication Services and Real Estate.
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