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FMET vs FDEM

Fidelity Metaverse ETF vs Fidelity Emerging Markets Multifactor ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

  • FDEM costs 0.14% less per year.
  • FDEM is significantly larger than FMET — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDEM has delivered higher annualized returns.

Side-by-side comparison

FMETFDEM
Annual cost (TER)0.39%0.25%
Fund size (AUM)$45M$508M
Since20222019
Dividend yield0.55%2.92%
Asset classequityequity
Regionemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+42.5%
CAGR 3Y+17.8%+23.2%
CAGR 5YN/A+9.9%
Sharpe 3Y0.701.17
Volatility 1Y19.55%17.19%
Max drawdown-29.22%-33.65%

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

Similar to FMET and FDEM