FMET vs. FBTC

In the year-to-date period, FMET achieves a 0.65% return, which is significantly lower than FBTC's 8.99% return.

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FMET has a 0.39% expense ratio, which is higher than FBTC's 0.25% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Metaverse ETF (FMET) and Fidelity Wise Origin Bitcoin Trust (FBTC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current FMET Sharpe Ratio is 0.17, which is lower than the FBTC Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FMET and FBTC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FMET's dividend yield for the trailing twelve months is around 0.88%, while FBTC has not paid dividends to shareholders.

The maximum FMET drawdown since its inception was -29.22%, roughly equal to the maximum FBTC drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for FMET and FBTC. For additional features, visit the drawdowns tool.

The current volatility for Fidelity Metaverse ETF (FMET) is 6.83%, while Fidelity Wise Origin Bitcoin Trust (FBTC) has a volatility of 9.87%. This indicates that FMET experiences smaller price fluctuations and is considered to be less risky than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.