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FMKT vs FMET

The Free Markets ETF vs Fidelity Metaverse ETF

FMKT

The Free Markets ETF

Free Markets ETF

Annual cost

0.76%

Fund size

$15M

FMET

Fidelity Metaverse ETF

Fidelity Investments

Annual cost

0.39%

Fund size

$45M

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.
  • FMKT follows a active selection strategy; FMET uses index tracking.

Side-by-side comparison

FMKTFMET
Annual cost (TER)0.76%0.39%
Fund size (AUM)$15M$45M
Since20252022
Dividend yield0.55%
Asset classequityequity
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+29.3%
CAGR 3YN/A+17.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.70
Volatility 1Y19.55%
Max drawdown-17.79%-29.22%

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

Similar to FMKT and FMET