FMET - ETF AI Analysis
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Fidelity Metaverse ETF (FMET)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Semiconductor and Data Center Leaders
Key holdings like Advanced Micro Devices, Nvidia, Equinix, and Digital Realty have shown strong or steady performance, helping support the ETF’s overall returns.
Focused Exposure to Metaverse-Related Tech
A large share of the fund is invested in technology and communication services companies that are central to metaverse and digital infrastructure themes, giving targeted exposure to this growth area.
Global Reach with Core U.S. Focus
While most assets are in U.S. companies, the ETF also includes holdings from Asia and Europe, adding some international diversification around a strong U.S. base.
Negative Factors
High Concentration in a Few Sectors
Nearly all of the fund is in technology, communication services, real estate, and a small general bucket, which means it is heavily exposed to swings in these specific areas.
Mixed Performance Among Top Holdings
Several major positions such as Meta Platforms, Microsoft, Adobe, and Netease have shown weak or negative performance recently, which can drag on the fund’s results.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, so fees may be higher than some broad market ETFs even though they are typical for a specialized theme fund.
FMET vs. SPDR S&P 500 ETF (SPY)
AUM43.54M
RegionGlobal
Expense Ratio0.39%
Beta1.23
IssuerFidelity
Inception DateApr 19, 2022
Dividend Yield0.52%
Asset ClassEquity
Index TrackedFidelity Metaverse Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,586
30 Day Avg. Volume3,812
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
47.21Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FMET Summary
Fidelity Metaverse ETF (FMET) is a fund that follows the Fidelity Metaverse Index, focusing on companies building the “metaverse” – virtual worlds, online platforms, and the technology that powers them. It mainly holds U.S. tech and communication stocks, including well-known names like Apple, Meta Platforms (Facebook), Microsoft, and Nvidia. Investors might consider FMET if they want growth potential from trends like virtual reality, online gaming, and digital communication, while getting a mix of leading global tech firms in one investment. A key risk is that it is heavily concentrated in technology and internet-related companies, so its price can rise and fall sharply with that sector.
How much will it cost me?The Fidelity Metaverse ETF (FMET) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on innovative companies in the metaverse sector, requiring more research and specialized management.
What would affect this ETF?The Fidelity Metaverse ETF (FMET) could benefit from growing interest in virtual reality, augmented reality, and digital connectivity as more industries adopt metaverse technologies. However, it may face challenges from rising interest rates, which can negatively impact technology stocks, and regulatory scrutiny around data privacy and digital platforms. Global economic conditions and competition within the tech sector could also influence the performance of its top holdings like Nvidia, Meta, and Apple.
FMET Top 10 Holdings
FMET is essentially a metaverse bet built on Big Tech and chip powerhouses, with a global tilt but heavy U.S. exposure. AMD and Nvidia have been the engines of recent gains, riding strong momentum in AI and graphics. Data-center landlords Equinix and Digital Realty are quietly steady, giving the fund a more infrastructure-like backbone. On the other side, Microsoft and Meta have been lagging, and Adobe has lost steam, acting as a brake on performance. Overall, the ETF is tightly wired to the tech and communication-services story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Advanced Micro Devices | 5.14% | $2.26M | $900.63B | 232.90% | 73 Outperform | |
| Apple | 5.10% | $2.25M | $4.79T | 50.48% | 79 Outperform | |
| Meta Platforms | 4.87% | $2.14M | $1.59T | -15.21% | 76 Outperform | |
| Nvidia | 4.72% | $2.08M | $5.13T | 20.16% | 76 Outperform | |
| Equinix | 4.60% | $2.03M | $101.46B | 30.90% | 73 Outperform | |
| Alphabet Class A | 4.48% | $1.97M | $4.16T | 65.32% | 85 Outperform | |
| Microsoft | 4.44% | $1.96M | $2.90T | -25.31% | 79 Outperform | |
| Adobe | 4.10% | $1.81M | $86.80B | -42.92% | 80 Outperform | |
| Monolithic Power | 3.61% | $1.59M | $68.71B | 95.95% | 75 Outperform | |
| Digital Realty | 3.55% | $1.56M | $63.81B | -0.38% | 69 Neutral |
FMET Technical Analysis
Negative
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Price Trends
37.47
Negative
35.62
Positive
35.80
Positive
Market Momentum
-0.15
Positive
44.24
Neutral
24.88
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FMET, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 36.97, equal to the 50-day MA of 37.47, and equal to the 200-day MA of 35.80, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 44.24 is Neutral, neither overbought nor oversold. The STOCH value of 24.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FMET.
FMET Peer Comparison
Comparison Results
Performance Comparison
FMET
Fidelity Metaverse ETF
36.42
1.40
4.00%
FFND
Future Fund Active ETF
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EVX
VanEck Environmental Services ETF
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IVRS
iShares Future Metaverse Tech and Communications ETF
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VERS
ProShares Metaverse ETF
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ARVR
First Trust Indxx Metaverse ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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