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Fidelity® Metaverse ETF(FMET)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FMET
11/12/2026: FMET (3-star) is currently NOT-A-BUY. Pass it for now.
Fidelity Metaverse ETF (FMET) provides targeted exposure to companies building the hardware and digital infrastructure for the metaverse. Managed by Fidelity, it offers a cost-effective vehicle for investors to gain access to growth-oriented tech leaders. Its main strength lies in issuer quality and expense structure, though it remains a concentrated, high-volatility product linked to speculative long-term growth. It is most suitable for long-term growth investors who monitor macro-economic catalysts like interest rates and technological adoption.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund focuses on innovative tech sectors that are potential long-term growth drivers. |
| Momentum investor | Strong fit while signal remains positive | This ETF can capture strong price trends during periods of high enthusiasm for tech innovation. |
| Value investor | Weak fit | The thematic nature often leads to higher valuations and price-to-earnings multiples. |
| Dividend/Income investor | Weak fit | The fund focuses on capital appreciation rather than generating consistent dividend income. |
| Low-risk investor | Weak fit | The inherent volatility of thematic technology stocks makes this unsuitable for conservative portfolios. |
Investor Profile
Ideal Investor Profile
Growth-oriented investors seeking long-term exposure to the evolution of digital connectivity and virtual reality.
Suitability
Best for long-term investors who can tolerate high volatility and understand the thematic risks involved.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Thematic tech exposure is prone to sharp price swings based on market sentiment. |
| Market risk | High | The ETF is highly sensitive to overall market conditions affecting the technology sector. |
| Concentration | Medium / high | It is concentrated in a specific, evolving theme that may underperform if adoption lags. |
| Tracking/expense | Low | Fidelity's competitive expense ratio keeps tracking error costs relatively manageable. |
| Liquidity | Medium | Lower trading volumes in niche themes can impact the ease of exiting large positions. |
| Business/sector quality | Medium / high | The success of the fund depends on the long-term viability of the metaverse as a business model. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
FMET demonstrates high historical volatility, consistent with sector-specific thematic funds.
Market Risk
The underlying assets are primarily high-beta technology stocks sensitive to macro economic shifts.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Sector | Information Technology | 55 | This sector provides the foundational hardware and software infrastructure required for metaverse functionality. |
| Sector | Communication Services | 30 | These holdings represent content creators, gaming platforms, and social media companies driving user engagement in virtual environments. |
| Sector | Consumer Discretionary | 10 | This exposure includes companies focused on e-commerce and virtual goods consumption. |
| Cash/collateral | Cash and Cash Equivalents | 5 | A small cash buffer is maintained for liquidity needs and daily operational reconciliation. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 27.04% | Avg. Invested days 54 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/12/2026 |
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