FMETFidelity Metaverse ETF
Seeks investment returns that correspond to the performance of the Fidelity Metaverse Index.
By Fidelity Investments · Launched 2022
Annual Cost
0.39%
#1,918 of 5,861 · low cost
Fund Size
$44M
#3,769 of 5,861 · mid-size
Return (1Y)Goal
+5.8%
Track Record
4 years
#2,604 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,741+7.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
GlobalCap
Multi cap
Strategy
Index tracking
Sector
Information technologyFocus
Metaverse & Gaming
Index tracked
Fidelity Metaverse Index
What it actually holds
By weightConcentration
Top 10 holdings = 44.2% of fundmoderately concentrated
EQUINIX INC
4.9%
ADVANCED MICRO DEVICES INC
4.8%
APPLE INC
4.6%
ALPHABET INC
4.5%
NVIDIA CORP
4.5%
QUALCOMM INC
4.5%
MICROSOFT CORP
4.3%
META PLATFORMS INC
4.1%
ADOBE INC
4.1%
DIGITAL REALTY TRUST INC
3.9%
Asset allocation
Stocks
99.7%
Cash
4.7%
By sector
Technology
52.1%
Communication
39.6%
Real Estate
8.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
21.3%High
Year-on-year price swings
Max drawdown
-29.2%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.48Below average
Sortino (3Y)
0.69Moderate downside risk
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks investment returns that correspond to the performance of the Fidelity Metaverse Index.
- Strategy
- Invests primarily in securities included in the Fidelity Metaverse Index, which reflects a global universe of companies involved in developing and enabling the Metaverse. Stocks are selected based on revenues and thematic relevancy scores, focusing on sectors like computing hardware, digital infrastructure, and gaming technology.
- Inception date
- April 19, 2022
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04