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FMET
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Fidelity® Metaverse ETF (FMET)

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$35.11
Last Close (24-hour delay)
Profit since last BUY10.44%
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Consider higher Upturn Star rating
BUY since 31 days
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Upturn Advisory Summary

07/29/2025: FMET (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 17.01%
Avg. Invested days 46
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/29/2025

Key Highlights

Volume (30-day avg) -
Beta 1.23
52 Weeks Range 23.80 - 33.86
Updated Date 06/29/2025
52 Weeks Range 23.80 - 33.86
Updated Date 06/29/2025

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Fidelity® Metaverse ETF

stock logo

ETF Overview

overview logo Overview

The Fidelity Metaverse ETF (FMETA) aims to track the performance of companies that develop, manufacture, distribute, or sell products and services associated with the metaverse. This includes hardware, software, computing, and digital assets related to the metaverse.

reliability logo Reputation and Reliability

Fidelity is a well-established and reputable financial services company with a long track record of managing investment products.

reliability logo Management Expertise

Fidelity has a team of experienced portfolio managers and analysts who specialize in technology and growth stocks.

Investment Objective

overview logo Goal

To reflect the performance of companies that develop, manufacture, distribute, or sell products and services associated with the metaverse.

Investment Approach and Strategy

Strategy: FMETA does not track a specific index but uses a representative sampling strategy to build the portfolio.

Composition The ETF primarily holds stocks of companies involved in metaverse-related industries.

Market Position

Market Share: FMETA has a modest market share within the emerging metaverse ETF landscape.

Total Net Assets (AUM): 18800000

Competitors

overview logo Key Competitors

  • META
  • QQQ
  • BOTZ

Competitive Landscape

The metaverse ETF market is relatively new, with FMETA competing against broader tech ETFs and more specialized robotics/AI ETFs. FMETA benefits from Fidelity's brand recognition but faces competition from larger, more established ETFs with greater liquidity.

Financial Performance

Historical Performance: Past performance is not indicative of future results. The historical performance of FMETA varies based on market conditions.

Benchmark Comparison: There is no specific benchmark for FMETA, making direct comparison challenging. Performance should be measured against a basket of similar technology and growth stocks.

Expense Ratio: 0.39

Liquidity

Average Trading Volume

FMETA's average trading volume is moderate, which can affect execution costs.

Bid-Ask Spread

The bid-ask spread of FMETA is also moderate and varies based on market conditions.

Market Dynamics

Market Environment Factors

FMETA's performance is affected by economic growth, technological advancements, and consumer spending on metaverse-related products and services.

Growth Trajectory

FMETA's growth trajectory is tied to the adoption and development of metaverse technologies, which are still in early stages.

Moat and Competitive Advantages

Competitive Edge

FMETA benefits from Fidelity's strong brand and distribution network. The ETF's actively managed approach allows for flexibility in adjusting the portfolio based on evolving metaverse trends. However, its smaller AUM compared to competitors could limit its liquidity and visibility. FMETA aims to capture the diverse landscape of metaverse related opportunities, which could be an advantage over more niche ETFs.

Risk Analysis

Volatility

FMETA is exposed to high volatility due to its focus on emerging technologies and growth stocks.

Market Risk

The market risk associated with FMETA includes the potential for declines in technology stocks and shifts in consumer preferences regarding metaverse technologies.

Investor Profile

Ideal Investor Profile

FMETA is suited for investors with a high-risk tolerance and a long-term investment horizon who are interested in the potential growth of the metaverse.

Market Risk

FMETA is best suited for long-term investors who are comfortable with volatility and understand the risks associated with investing in emerging technologies.

Summary

The Fidelity Metaverse ETF (FMETA) provides exposure to companies involved in the metaverse, but it's crucial to consider its volatility and speculative nature. FMETA's performance hinges on the growth and acceptance of metaverse technologies, making it a long-term investment. The ETFu2019s expense ratio is competitive, but its relative illiquidity is something to watch. Investors should assess their risk tolerance and investment goals before investing in this ETF.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Fidelity Investments
  • ETF.com
  • MarketWatch

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investing in ETFs involves risks, including the potential loss of principal.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fidelity® Metaverse ETF

Exchange NASDAQ
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.