# FMET (Fidelity Metaverse ETF)

Fidelity · Thematic ETFs · data as of Sep 11, 2026

FMET holds 50 stocks, and 41% of its weight is outside the S&P 500.

## Key facts

- FMET, already in the S&P 500: 58.9%, as of Sep 11, 2026.
- FMET, active share vs the S&P 500: 79.1%, as of Sep 11, 2026.
- FMET, top ten holdings: 43.6%, as of Sep 11, 2026.
- FMET, total return, 1 year: +5.8%, as of Sep 11, 2026.
- FMET, net assets: $46m (the issuer own figure for this ETF, month end, as of Aug 31, 2026).
- FMET, expense ratio: 0.39% (485BPOS XBRL, Oct 27, 2025).

## FMET over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +5.4% | +3.3% | +2.1 pts | +6.2 pts |
| 6 months | +20.7% | +16.0% | +4.7 pts | 0.0 pts |
| 1 year | +5.8% | +17.5% | −11.7 pts | −17.1 pts |
| 3 years | +57.9% | +77.9% | −19.9 pts | −37.2 pts |
| Since launch | +62.8% | +84.9% | −22.0 pts | −56.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Metaverse and immersive tech | ETFIQ, editorial |
| Launched | Apr 21, 2022 | ETFIQ |
| Already in the S&P 500, by weight | 58.9% | ETFIQ |
| Active share vs the S&P 500 | 79.1% | ETFIQ |
| Already in the Nasdaq-100, by weight | 45.8% | ETFIQ |
| Active share vs the Nasdaq-100 | 74.2% | ETFIQ |
| Top ten holdings weight | 43.6% | ETFIQ |
| Holdings | 50 | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Top holdings | ADVANCED MICRO DEVICES INC 5.4%, ALPHABET INC 4.7%, EQUINIX INC 4.7%, APPLE INC 4.5%, NVIDIA CORP 4.5%, META PLATFORMS INC 4.4%, MICROSOFT CORP 4.3%, ADOBE INC 3.9%, QUALCOMM INC 3.7%, DIGITAL REALTY TRUST INC 3.6% | ETFIQ |
| Net assets | $46m | the issuer own figure for this ETF, month end, as of Aug 31, 2026 |
| Below its all-time high | −3.4% | ETFIQ |
| Expense ratio | 0.39% | 485BPOS XBRL, Oct 27, 2025 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.49% | ETFIQ |
| Closest funds by holdings overlap | METV 43%, GGME 38%, ARVR 38%, GAMR 33%, AIX 33% | ETFIQ |

## Questions

### How much of FMET is in S&P 500 companies?

By its holdings filed for Jun 30, 2026, 59% of FMET by weight is stocks the S&P 500 already holds. Its active share against the index is 79%, so that share is the part doing something different.

### What does FMET hold?

50 positions as filed for Jun 30, 2026, with the top ten at 44% of the fund. The largest are ADVANCED MICRO DEVICES INC at 5.4%, ALPHABET INC at 4.7%, EQUINIX INC at 4.7%.

### Has FMET beaten the S&P 500?

Over the year to Sep 11, 2026 FMET returned +5.8% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 11.7 points.

### What does FMET cost?

The prospectus expense ratio is 0.39% a year. Because 79% of the fund differs from the S&P 500, the fee on that differing part works out at 0.49%.


## Cite this page

ETFIQ, FMET, data as of Sep 11, 2026. https://etfiq.com/funds/fmet
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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