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FMET vs FMKT

Fidelity Metaverse ETF vs The Free Markets ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FMKT

The Free Markets ETF

Free Markets ETF

Annual cost

0.76%

Fund size

$15M

Key differences

  • FMET costs 0.37% less per year.
  • FMET is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • FMET follows a index tracking strategy; FMKT uses active selection.

Side-by-side comparison

FMETFMKT
Annual cost (TER)0.39%0.76%
Fund size (AUM)$45M$15M
Since20222025
Dividend yield0.55%
Asset classequityequity
Regionnorth america
Strategyindex trackingactive selection
CAGR 1Y+29.3%N/A
CAGR 3Y+17.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.70N/A
Volatility 1Y19.55%
Max drawdown-29.22%-17.79%

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

Similar to FMET and FMKT