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ARVR vs FMET

First Trust Indxx Metaverse ETF vs Fidelity Metaverse ETF

ARVR

First Trust Indxx Metaverse ETF

First Trust

Annual cost

0.70%

Fund size

$5M

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

Key differences

  • FMET costs 0.31% less per year.
  • FMET is significantly larger than ARVR — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, ARVR has delivered higher annualized returns.

Side-by-side comparison

ARVRFMET
Annual cost (TER)0.70%0.39%
Fund size (AUM)$5M$45M
Since20222022
Dividend yield0.50%0.55%
Asset classequityequity
Regionasia pacific
Strategyindex trackingindex tracking
CAGR 1Y+35.4%+29.3%
CAGR 3Y+25.2%+17.8%
CAGR 5YN/AN/A
Sharpe 3Y1.020.70
Volatility 1Y19.39%19.55%
Max drawdown-26.25%-29.22%

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

Similar to ARVR and FMET