Skip to Content
Morningstar

Fidelity Metaverse ETF FMET

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FMET

Will FMET outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMET’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMET management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMET’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity Metaverse ETF's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMET

More FMET Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 45.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alphabet Inc Class A

5.34 1.5 Mil
Communication Services

Tencent Holdings Ltd

5.31 1.5 Mil
Communication Services

NVIDIA Corp

4.95 1.4 Mil
Technology

Samsung Electronics Co Ltd

4.76 1.4 Mil
Technology

Microsoft Corp

4.57 1.3 Mil
Technology

Apple Inc

4.46 1.3 Mil
Technology

Meta Platforms Inc Class A

4.27 1.2 Mil
Communication Services

Qualcomm Inc

4.18 1.2 Mil
Technology

Advanced Micro Devices Inc

3.90 1.1 Mil
Technology

Adobe Inc

3.86 1.1 Mil
Technology