Do FMET and VERS hold the same stocks?

By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, FMET or VERS?

FMET has 59% of its weight in S&P 500 names and VERS has 40%, so FMET differs more from the index.

Which is cheaper, FMET or VERS?

FMET charges 0.39% a year and VERS charges 0.58%, so FMET is cheaper. Fees come from each fund's prospectus.

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FMET vs VERS: which is really different?

FMET and VERS hold 33% of their weight in the same names, and VERS returned +20.1% over the year. Fidelity Metaverse ETF and ProShares Metaverse ETF.

58.9%

FMET in the S&P 500

39.6%

VERS in the S&P 500

+3.1%

FMET total return, 1 year

+20.1%

VERS total return, 1 year

FMET · 1 year to Sep 30, 202641% of its weight is outside the S&P 500

59% of FMET's weight is in S&P 500 companies and 41% is outside the index

VERS · 1 year to Sep 30, 202660% of its weight is outside the S&P 500

40% of VERS's weight is in S&P 500 companies and 60% is outside the index

ETFIQ Off-Index Score · FMET scores higherHow much of it is not the index it is sold as an alternative to?

FMET 9.2

VERS 7.2

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, FMET and VERS hold 33% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

33% in common

Positions both hold, largest shared weight first

Holding FMET VERS

APPLE INC 4.54% 4.54%

NVIDIA CORP 4.47% 4.32%

MICROSOFT CORP 4.26% 4.47%

QUALCOMM INC 3.72% 2.75%

CIRRUS LOGIC INC. 1.39% 2.23%

AMBARELLA INC 1.25% 2.83%

UNITY SOFTWARE INC 1.67% 1.22%

PTC INC 1.74% 0.84%

SKYWORKS SOLUTIONS INC 1.58% 0.26%

Only in FMET

ADVANCED MICRO DEVICES INC 5.43%

ALPHABET INC 4.69%

EQUINIX INC 4.68%

META PLATFORMS INC 4.39%

ADOBE INC 3.87%

DIGITAL REALTY TRUST INC 3.59%

MONOLITHIC POWER SYSTEMS INC 3.58%

TAKE-TWO INTERACTV SOFTWR INC 3.50%

Only in VERS

META PLATFORMS INC-CLASS A 5.12%

QORVO INC 4.84%

ALPHABET INC-CL A 4.43%

SANDISK CORP 4.37%

KOPIN CORP 4.33%

AMAZON.COM INC 4.18%

SNAP INC - A 4.09%

ROBLOX CORP -CLASS A 3.58%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

33% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	FMET	VERS	FMET	VERS	FMET	VERS
3 months	+4.9%	−2.9%	+2.4 pts	−5.4 pts	+2.8 pts	−5.0 pts
6 months	+23.1%	+34.6%	+6.1 pts	+17.6 pts	−3.8 pts	+7.8 pts
1 year	+3.1%	+20.1%	−12.6 pts	+4.3 pts	−20.7 pts	−3.7 pts
3 years	+65.3%	+110.8%	−19.7 pts	+25.8 pts	−44.7 pts	+0.8 pts
Since launch FMET Apr 2022 · VERS Mar 2022	+63.6%	+73.2%	−21.4 pts	−11.0 pts	−63.9 pts	−47.8 pts

FMET and VERS over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

FMET

Fidelity Metaverse ETF · Holds 50 stocks in metaverse and immersive tech, 59% of its weight in S&P 500 companies

VERS

ProShares Metaverse ETF · Holds 39 stocks in metaverse and immersive tech, 40% of its weight in S&P 500 companies

Issuer Fidelity ProShares

Theme Metaverse and immersive tech Metaverse and immersive tech

In the S&P 500 58.9% 39.6%

Active share vs the S&P 500 79.1% 75.1%

In the Nasdaq-100 45.8% 39.4%

Holdings 50 39

Top ten, share of the fund 43.6% 44.7%

Expense ratio 0.39% 0.58%

Fee for the differing part 0.49% 0.77%

Total return, 1 year +3.1% +20.1%

vs the S&P 500 −12.6 pts +4.3 pts

vs the Nasdaq-100 −20.7 pts −3.7 pts

Below its high −2.9% −14.0%

Net assets $46m $5m

FMET and VERS on the same fields, as of Sep 30, 2026. Source: ETFIQ.

FMET in plain words

By weight, 59% of FMET's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 79%. The top ten holdings are 44% of the fund across 50 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +3.1% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.6 pts.

VERS in plain words

By weight, 40% of VERS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 75%. The top ten holdings are 45% of the fund across 39 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +20.1% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 4.3 pts. It sits 14.0% below its all-time high of Jun 2, 2026.

Questions people ask

Do FMET and VERS hold the same stocks?: By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FMET or VERS?: FMET has 59% of its weight in S&P 500 names and VERS has 40%, so FMET differs more from the index.
Which is cheaper, FMET or VERS?: FMET charges 0.39% a year and VERS charges 0.58%, so FMET is cheaper. Fees come from each fund's prospectus.

Other comparisons

FMET vs METV FMET vs ARVR VERS vs ARVR VERS vs METV

FMET on its own →VERS on its own →How every figure is computed →Standards and sources →

Where these figures came from

FMET filings on SEC EDGAR ↗FMET prospectus with the expense ratio (SEC) ↗Fidelity website ↗VERS filings on SEC EDGAR ↗VERS prospectus with the expense ratio (SEC) ↗ProShares page for VERS ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, FMET against VERS, data as of Sep 30, 2026. https://etfiq.com/compare/themes/fmet-vs-vers

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.