Fidelity Metaverse ETF (FMET) Alternatives
Fidelity Metaverse ETF (FMET) belongs to the Communications Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMET. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FMET
FMET charges 0.39% annually. Among ETFs in the Communications Equities category, these options have the lowest expense ratios among FMET alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR S&P Telecom ETF | 0.35% | Jan 26, 2011 | FMET vs XTL | |
| Invesco S&P 500 Equal Weight Communication Service... | 0.40% | Nov 7, 2018 | FMET vs RSPC | |
| iShares U.S. Telecommunications ETF | 0.42% | May 22, 2000 | FMET vs IYZ | |
| Fidelity Disruptive Communications ETF | 0.50% | Apr 16, 2020 | FMET vs FDCF | |
| ProShares On-Demand ETF | 0.58% | Oct 26, 2021 | FMET vs OND |
Best Risk-Adjusted Alternatives to FMET
Among ETFs in the Communications Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SPDR S&P Telecom ETF | 97 | Jan 26, 2011 | FMET vs XTL | |
| iShares U.S. Telecommunications ETF | 95 | May 22, 2000 | FMET vs IYZ | |
| Fidelity Disruptive Communications ETF | 36 | Apr 16, 2020 | FMET vs FDCF | |
| Invesco S&P 500 Equal Weight Communication Service... | 25 | Nov 7, 2018 | FMET vs RSPC | |
| ProShares On-Demand ETF | 12 | Oct 26, 2021 | FMET vs OND |
Top Performing FMET Alternatives (YTD)
FMET alternatives from the Communications Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SPDR S&P Telecom ETF | 24.90% | Jan 26, 2011 | FMET vs XTL | |
| iShares U.S. Telecommunications ETF | 16.87% | May 22, 2000 | FMET vs IYZ | |
| Invesco S&P 500 Equal Weight Communication Service... | -5.79% | Nov 7, 2018 | FMET vs RSPC | |
| Fidelity Disruptive Communications ETF | -9.91% | Apr 16, 2020 | FMET vs FDCF | |
| ProShares On-Demand ETF | -18.80% | Oct 26, 2021 | FMET vs OND |
Lowest Volatility Alternatives to FMET
FMET alternatives from the Communications Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Communication Service... | 17.27% | Nov 7, 2018 | FMET vs RSPC | |
| iShares U.S. Telecommunications ETF | 18.68% | May 22, 2000 | FMET vs IYZ | |
| ProShares On-Demand ETF | 22.56% | Oct 26, 2021 | FMET vs OND | |
| Fidelity Disruptive Communications ETF | 23.02% | Apr 16, 2020 | FMET vs FDCF | |
| SPDR S&P Telecom ETF | 30.73% | Jan 26, 2011 | FMET vs XTL |
Lowest Drawdown Alternatives to FMET
FMET alternatives from the Communications Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Invesco S&P 500 Equal Weight Communication Service... | -10.94% | Nov 7, 2018 | FMET vs RSPC | |
| iShares U.S. Telecommunications ETF | -11.12% | May 22, 2000 | FMET vs IYZ | |
| SPDR S&P Telecom ETF | -14.70% | Jan 26, 2011 | FMET vs XTL | |
| Fidelity Disruptive Communications ETF | -18.10% | Apr 16, 2020 | FMET vs FDCF | |
| ProShares On-Demand ETF | -33.80% | Oct 26, 2021 | FMET vs OND |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 63 | -6.12% | Oct 21, 2013 | FMET vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 53 | -1.50% | Sep 12, 2016 | FMET vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.13% | Jan 11, 2024 | FMET vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 54 | 0.12% | Oct 6, 2014 | FMET vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 69 | -5.66% | Sep 25, 2003 | FMET vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 60 | -7.08% | Jun 3, 2020 | FMET vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 19 | -27.93% | Jul 22, 2024 | FMET vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 59 | -3.95% | Apr 19, 2007 | FMET vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 65 | 8.19% | Oct 21, 2013 | FMET vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 48 | -9.08% | Nov 20, 2023 | FMET vs FELG |
Often Compared With FMET
What investors most often compare with FMET, based on PortfoliosLab usage data.
Compare FMET with Any Fund or Stock
Compare FMET with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.