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Fidelity Metaverse ETF
FMET performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 10, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -1.16% | +6.25% | +6.29% | +5.26% | +54.81% | |
| Flows | - | -$28K | -$5M | -$3M | +$15M | - |
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 |
| Strategy | Long Only |
| Provider | Fidelity |
| N° of holdings | 50 |
| Replication method | Direct (Physical) |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | April 19, 2022 |
| ESG | No |
More data and info about FMET on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 50
Top 15 Holdings
Sectors
Countries
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +18.19% | +19.69% | +20.14% | |
Max drawdown | -6.26% | -22.77% | -24.75% | |
Max drawdown duration | 49d | 212d | 110d | N/A |
Time to recover | 40d | 59d | 63d | N/A |
Replication quality
Data as of August 31, 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 |
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 September 10, 2026, FMET manages $45.77 M, reflecting the total assets held in the fund.
How has FMET performed recently?
As of September 10, 2026, FMET delivered a return of -1.16% over the past month (1M performance), 6.25% over the past three months (3M), and 6.29% year-to-date (YTD).
Does FMET pay dividends?
As of September 10, 2026, FMET has a trailing 12-month distribution yield of 0.5%.
How many holdings are in FMET
As of July 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 July 31, 2026, FMET holds 50 securities, with 59.96% of its assets concentrated in its top 15 holdings.
What are the top holdings of FMET?
As of July 31, 2026, FMET holds a portfolio of 50 underlyings, with its largest positions including Apple, Inc., Adobe, Inc. and Equinix, Inc.. 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 July 31, 2026, FMET has its largest geographic exposures in USA and China.
What sectors or themes does FMET focus on?
As of July 31, 2026, FMET is primarily exposed to Technology and Finance.
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