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FMET vs FRNW

Fidelity Metaverse ETF vs Fidelity Clean Energy ETF

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

FRNW

Fidelity Clean Energy ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$141M

Key differences

  • FRNW 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

FMETFRNW
Annual cost (TER)0.39%0.39%
Fund size (AUM)$45M$141M
Since20222021
Dividend yield0.55%1.01%
Asset classequityequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+29.3%+95.5%
CAGR 3Y+17.8%+10.6%
CAGR 5YN/AN/A
Sharpe 3Y0.700.38
Volatility 1Y19.55%25.46%
Max drawdown-29.22%-59.37%

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

Similar to FMET and FRNW