Skip to content
Beacon
Screener

FMET vs FMAT

Fidelity Metaverse ETF vs Fidelity MSCI Materials Index ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FMAT

Fidelity MSCI Materials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$603M

Key differences

  • FMAT costs 0.31% less per year.
  • FMAT 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.
  • FMAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMETFMAT
Annual cost (TER)0.39%0.08%
Fund size (AUM)$45M$603M
Since20222013
Dividend yield0.55%1.43%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+24.4%
CAGR 3Y+17.8%+12.2%
CAGR 5YN/A+5.9%
Sharpe 3Y0.700.54
Volatility 1Y19.55%17.76%
Max drawdown-29.22%-41.11%

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

Similar to FMET and FMAT