Fidelity Covington Trust Fidelity Metaverse ETF

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About FMET

FMET tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. 

Index-Tracked
MSCI ACWI NR USD
Index-TrackedMSCI ACWI NR USD
Category
Communications
CategoryCommunications
Number of holdings
64
Number of holdings64
Inception Date
Apr 19, 2022
Inception DateApr 19, 2022

What's in this fund

Sectors

As of March 10, 2026
Technology53.47%
Communication Services36.88%
Real Estate9.65%

FMET Key Statistics

AUM
41.28M
AUM41.28M
Price-Earnings ratio
34.54
Price-Earnings ratio34.54
30-Day yield
0.34
30-Day yield0.34
Average volume
4.50K
Average volume4.50K
High today
$32.79
High today$32.79
Low today
$32.79
Low today$32.79
Open price
$32.79
Open price$32.79
Volume
171.00
Volume171.00
52 Week high
$39.44
52 Week high$39.44
52 Week low
$23.86
52 Week low$23.86
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

Fidelity Covington Trust Fidelity Metaverse ETF(FMET) stock is priced at $32.68, giving the company a market capitalization of 40.85M. It carries a P/E multiple of 34.54 and pays a dividend yield of 81.6%.

During the trading session on 2026-03-12, Fidelity Covington Trust Fidelity Metaverse ETF(FMET) shares reached a daily high of $32.79 and a low of $32.79. At a current price of $32.68, the stock is -0.3% higher than the low and still -0.3% under the high.

Trading activity shows a volume of 171, compared to an average daily volume of 4.5K.

The stock's 52-week range extends from a low of $23.86 to a high of $39.44.

The stock's 52-week range extends from a low of $23.86 to a high of $39.44.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.