Fidelity Metaverse ETF (FMET)
The ETF focuses on investing in companies involved in the development, manufacturing, distribution, or selling of products or services related to the Metaverse, aiming to reflect the performance of a global universe in this sector.
ETF Info
Apr 19, 2022
1x
No Index (Active)
Large-Cap
Growth
Expense Ratio
FMET features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Metaverse ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Metaverse ETF had a return of 8.94% year-to-date (YTD) and 13.21% in the last 12 months.
FMET
8.94%
7.39%
10.49%
13.21%
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FMET, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.48% | 8.94% | |||||||||||
| 2024 | -1.35% | 3.13% | 2.01% | -5.17% | 5.54% | 4.75% | -1.70% | -1.27% | 2.30% | -2.38% | 4.09% | -2.74% | 6.76% |
| 2023 | 11.39% | -2.06% | 7.36% | -0.97% | 5.12% | 4.77% | 6.08% | -6.99% | -5.90% | -1.70% | 13.54% | 5.14% | 39.18% |
| 2022 | -2.35% | 0.93% | -10.35% | 5.63% | -4.28% | -15.14% | -2.57% | 13.45% | 0.27% | -15.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMET is 22, meaning it’s performing worse than 78% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Metaverse ETF (FMET) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Metaverse ETF provided a 0.41% dividend yield over the last twelve months, with an annual payout of $0.13 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.11 | $0.04 |
Dividend yield | 0.41% | 0.44% | 0.40% | 0.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Metaverse ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.13 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2022 | $0.02 | $0.00 | $0.00 | $0.02 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Metaverse ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Metaverse ETF was 29.22%, occurring on Nov 3, 2022. Recovery took 140 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.22% | May 5, 2022 | 127 | Nov 3, 2022 | 140 | May 26, 2023 | 267 |
| -16.2% | Aug 1, 2023 | 62 | Oct 26, 2023 | 33 | Dec 13, 2023 | 95 |
| -15.22% | Jul 11, 2024 | 20 | Aug 7, 2024 | 127 | Feb 10, 2025 | 147 |
| -10.43% | Mar 13, 2024 | 27 | Apr 19, 2024 | 18 | May 15, 2024 | 45 |
| -5.17% | Dec 29, 2023 | 12 | Jan 17, 2024 | 6 | Jan 25, 2024 | 18 |
Volatility
Volatility Chart
The current Fidelity Metaverse ETF volatility is 4.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.