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FENI vs FMET

Fidelity Enhanced International ETF vs Fidelity Metaverse ETF

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

Key differences

  • FENI costs 0.11% less per year.
  • FENI is significantly larger than FMET — larger funds tend to be more liquid and less likely to close.
  • FENI follows a active selection strategy; FMET uses index tracking.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FENIFMET
Annual cost (TER)0.28%0.39%
Fund size (AUM)$9.1B$45M
Since20072022
Dividend yield2.93%0.55%
Asset classequityequity
Regioneurope
Strategyactive selectionindex tracking
CAGR 1Y+29.1%+29.3%
CAGR 3YN/A+17.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.70
Volatility 1Y15.63%19.55%
Max drawdown-14.20%-29.22%

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

Similar to FENI and FMET