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FMET vs FDEV

Fidelity Metaverse ETF vs Fidelity International Multifactor ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FDEV

Fidelity International Multifactor ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$271M

Key differences

  • FDEV costs 0.21% less per year.
  • FDEV is significantly larger than FMET — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FMET has delivered higher annualized returns.

Side-by-side comparison

FMETFDEV
Annual cost (TER)0.39%0.18%
Fund size (AUM)$45M$271M
Since20222019
Dividend yield0.55%2.75%
Asset classequityequity
Regionglobal
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+17.4%
CAGR 3Y+17.8%+14.6%
CAGR 5YN/A+7.8%
Sharpe 3Y0.700.86
Volatility 1Y19.55%11.93%
Max drawdown-29.22%-30.11%

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

Similar to FMET and FDEV