Fidelity Metaverse ETF

Frequently Asked Questions About FMET

What does FMET invest in?

The Fidelity Metaverse ETF seeks to provide exposure to pioneering technology firms and innovative emerging companies. These enterprises are actively shaping the future of digital interaction through their contributions to immersive digital content, foundational virtual infrastructure, and advanced wearable devices.

What is the expense ratio of FMET?

Fidelity Metaverse ETF (FMET) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMET?

Fidelity Metaverse ETF (FMET) manages $42.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FMET actively managed or an index fund?

FMET's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FMET launched?

Fidelity Metaverse ETF (FMET) launched in April 2022 and is managed by Fidelity.

How has FMET performed?

FMET's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.