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FMET vs FNCL

Fidelity Metaverse ETF vs Fidelity MSCI Financials Index ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FNCL

Fidelity MSCI Financials Index ETF

Fidelity Investments

Annual cost

0.08%

Fund size

$2.2B

Key differences

  • FNCL costs 0.31% less per year.
  • FNCL is significantly larger than FMET — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FNCL has delivered higher annualized returns.
  • FNCL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMETFNCL
Annual cost (TER)0.39%0.08%
Fund size (AUM)$45M$2.2B
Since20222013
Dividend yield0.55%1.65%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+6.2%
CAGR 3Y+17.8%+19.8%
CAGR 5YN/A+8.8%
Sharpe 3Y0.700.95
Volatility 1Y19.55%14.82%
Max drawdown-29.22%-44.38%

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

Similar to FMET and FNCL