FSST vs. GGME

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco Next Gen Media and Gaming ETF (GGME).

FSST and GGME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSST is a passively managed fund by Fidelity that tracks the performance of the Russell 3000. It was launched on Jun 15, 2021. GGME is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Media Index - Benchmark TR Gross. It was launched on Jun 23, 2005. Both FSST and GGME are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FSST vs. GGME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco Next Gen Media and Gaming ETF (GGME). The values are adjusted to include any dividend payments, if applicable.

FSST vs. GGME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	15.40%	21.40%	25.49%	-18.30%	12.81%
GGME Invesco Next Gen Media and Gaming ETF	-14.34%	16.39%	32.67%	23.76%	-36.43%	-4.97%

Returns By Period

FSST

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GGME

• 1D: 3.52%
• 1M: -3.76%
• YTD: -14.34%
• 6M: -20.71%
• 1Y: 2.52%
• 3Y*: 14.28%
• 5Y*: 0.58%
• 10Y*: 8.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSST vs. GGME - Expense Ratio Comparison

FSST has a 0.59% expense ratio, which is lower than GGME's 0.60% expense ratio.

GGME

Invesco Next Gen Media and Gaming ETF

FSST

Fidelity Sustainability U.S. Equity ETF

Return for Risk

FSST vs. GGME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGME

GGME Risk / Return Rank: 14
GGME Sharpe Ratio Rank: 14
GGME Sortino Ratio Rank: 15
GGME Omega Ratio Rank: 15
GGME Calmar Ratio Rank: 13
GGME Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSST vs. GGME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability U.S. Equity ETF (FSST) and Invesco Next Gen Media and Gaming ETF (GGME). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FSST	GGME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.10	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.29	—

Correlation

The correlation between FSST and GGME is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FSST vs. GGME - Dividend Comparison

FSST's dividend yield for the trailing twelve months is around 0.14%, less than GGME's 0.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSST Fidelity Sustainability U.S. Equity ETF	0.14%	0.19%	2.01%	0.68%	1.00%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GGME Invesco Next Gen Media and Gaming ETF	0.15%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%

Drawdowns

Drawdown Indicators

	FSST	GGME	Difference
Max Drawdown Largest peak-to-trough decline	—	-69.13%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-25.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.35%	—
Current Drawdown Current decline from peak	—	-22.59%	—
Average Drawdown Average peak-to-trough decline	—	-14.55%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.80%	—

Volatility

Volatility by Period

	FSST	GGME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.11%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.05%	—