Fidelity Covington Trust Fidelity Metaverse ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

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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 September 22, 2025
Technology53.26%
Communication Services38.43%
Real Estate7.09%
Industrials1.22%

Top 10 Holdings (42.83% of total assets)

As of September 22, 2025
NameSymbol% Assets
Alphabet Class AGOOGL4.58%
NVIDIANVDA4.52%
AppleAAPL4.50%
QualcommQCOM4.48%
AdobeADBE4.46%
Meta PlatformsMETA4.31%
MicrosoftMSFT4.27%
AMDAMD4.17%
EquinixEQIX3.78%
RobloxRBLX3.76%

FMET Key Statistics

AUM
—
AUM—
Price-Earnings ratio
36.33
Price-Earnings ratio36.33
30-Day yield
0.23
30-Day yield0.23
Average volume
9.03K
Average volume9.03K
High today
$37.62
High today$37.62
Low today
$37.42
Low today$37.42
Open price
$37.61
Open price$37.61
Volume
16.95K
Volume16.95K
52 Week high
$38.28
52 Week high$38.28
52 Week low
$23.86
52 Week low$23.86
Expense ratio
0.42
Expense ratio0.42
View Prospectus and Reports

Average Annual Return

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.