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Fidelity® Metaverse ETF (FMET)
Look-through valuation · Theme · Expense ratio 0.39 % · ISIN US3160921884
Price history (since 2022)
Monthly close since 2022. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Apple Inc. AAPL | 5.3 % | −63.5 % | 83 |
| Advanced Micro Devices Inc AMD | 4.9 % | −80.0 % | 71 |
| Equinix Inc EQIX | 4.9 % | −77.8 % | 56 |
| Meta Platforms Inc. META | 4.7 % | −9.9 % | 56 |
| NVIDIA Corporation NVDA | 4.6 % | −50.7 % | 65 |
| Microsoft Corporation MSFT | 4.4 % | −29.5 % | 58 |
| Adobe Systems Incorporated ADBE | 4.3 % | +59.6 % | 72 |
| Alphabet Inc Class A GOOGL | 4.2 % | n/a | n/a |
| Digital Realty Trust Inc DLR | 4.0 % | −67.7 % | 52 |
| Monolithic Power Systems Inc MPWR | 3.5 % | −79.8 % | 68 |
| Electronic Arts Inc EA | 3.4 % | −63.4 % | 78 |
| Qualcomm Incorporated QCOM | 3.4 % | −38.2 % | 70 |
| Take-Two Interactive Software Inc TTWO | 3.3 % | −75.2 % | 53 |
| NetEase Inc 9999 | 3.1 % | n/a | n/a |
| Roblox Corp RBLX | 3.0 % | −56.2 % | 27 |
| Baidu Inc 9888 | 2.4 % | n/a | n/a |
| Reddit, Inc. RDDT | 2.3 % | −80.0 % | 59 |
| Naver Corporation 035420 | 2.1 % | +11.6 % | 51 |
| Dassault Systemes SE DASTF | 2.0 % | n/a | n/a |
| Pinterest Inc PINS | 2.0 % | −37.4 % | 56 |
| PTC Inc PTC | 1.8 % | −7.7 % | 61 |
| CoreWeave, Inc. Class A Common Stock CRWV | 1.7 % | −36.6 % | 12 |
| Unity Software Inc U | 1.7 % | −79.5 % | 39 |
| Super Micro Computer Inc SMCI | 1.6 % | −7.5 % | 38 |
| Skyworks Solutions Inc SWKS | 1.4 % | +27.9 % | 60 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 49 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity® Metaverse ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.