evenfolioETF Details
Fidelity Investments·Communications·FMET · Nasdaq
Fidelity Metaverse ETF (FMET)
- Price
- $36.70
- —30 Oct 2026
- Assets
- $42.6M
- Total net assets
- Expense ratio
- 0.39%
- Category 0.75%
- Yield
- 0.70%
- Trailing distributions
- 1Y return
- -3.2%+4.3%
- Category -7.5%
- 3Y CAGR
- 17.1%-3.2%
- Category 20.3%
- 5Y CAGR
- —
- Category 3.4%
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Fidelity Metaverse ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | -5.4% | -0.7% | +0.5% | +2.4% | -3.2% | +17.1% | — | — | +10.3% |
| Communications average | -6.8% | -4.7% | -7.2% | -6.6% | -7.5% | 20.3% | 3.4% | 8.9% | 7.7% |
| Difference | +1.4% | +4.0% | +7.7% | +8.9% | +4.3% | -3.2% | — | — | +2.6% |
Holdings
The 9 largest positions make up 42.7% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| AMD | Advanced Micro Devices Inc | 5.88% |
| META | Meta Platforms Inc Class A | 5.38% |
| QCOM | Qualcomm Inc | 4.76% |
| MSFT | Microsoft Corp | 4.54% |
| AAPL | Apple Inc | 4.51% |
| GOOGL | Alphabet Inc Class A | 4.49% |
| NVDA | NVIDIA Corp | 4.47% |
| EQIX | Equinix Inc | 4.36% |
| MPWR | Monolithic Power Systems Inc | 4.32% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 22.0
- P/B
- 3.5
- P/S
- 3.3
- P/CF
- 14.5
Sector allocation
Share of the equity the fund holds.
- Technology55.0%
- Communication services36.7%
- Real estate8.3%
Asset mix
- Stocks99.6%
- Cash4.1%
ETF details
- Issuer
- Fidelity Investments
- Category
- Equity · Communications
- Ticker
- FMET
- Exchange
- Nasdaq
- Inception
- 19 Apr 2022 (4.5 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 0.39% (category 0.75%)
- Holdings turnover
- 33% (category 44%)
- Distribution yield
- 0.70%
- Beta, 3 years
- 1.43
- Total net assets
- $42.6M
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
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