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ARVR vs FENI

First Trust Indxx Metaverse ETF vs Fidelity Enhanced International ETF

ARVR

First Trust Indxx Metaverse ETF

First Trust

Annual cost

0.70%

Fund size

$5M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FENI costs 0.42% less per year.
  • FENI is significantly larger than ARVR — larger funds tend to be more liquid and less likely to close.
  • ARVR covers asia pacific markets; FENI covers europe.
  • ARVR follows a index tracking strategy; FENI uses active selection.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ARVRFENI
Annual cost (TER)0.70%0.28%
Fund size (AUM)$5M$9.1B
Since20222007
Dividend yield0.50%2.93%
Asset classequityequity
Regionasia pacificeurope
Strategyindex trackingactive selection
CAGR 1Y+35.4%+29.1%
CAGR 3Y+25.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.02N/A
Volatility 1Y19.39%15.63%
Max drawdown-26.25%-14.20%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ARVR and FENI