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 July 10, 2026
Technology51.66%
Communication Services40.25%
Real Estate8.09%

Top 10 Holdings (49.21% of total assets)

As of July 10, 2026
NameSymbol% Assets
Fidelity Securities Lending Cash Central Fund8.57%
Meta PlatformsMETA5.05%
AMDAMD5.05%
AppleAAPL4.80%
EquinixEQIX4.58%
NVIDIANVDA4.57%
Alphabet Class AGOOGL4.54%
MicrosoftMSFT4.27%
AdobeADBE4.08%
QualcommQCOM3.70%

FMET Key Statistics

AUM
45.29M
AUM45.29M
Price-Earnings ratio
46.92
Price-Earnings ratio46.92
30-Day yield
0.37
30-Day yield0.37
Average volume
2.35K
Average volume2.35K
High today
$37.79
High today$37.79
Low today
$37.38
Low today$37.38
Open price
$37.60
Open price$37.60
Volume
1.35K
Volume1.35K
52 Week high
$40.25
52 Week high$40.25
52 Week low
$30.14
52 Week low$30.14
Expense ratio
0.39
Expense ratio0.39

Stock Snapshot

With a market cap of 44.86M, Fidelity Covington Trust Fidelity Metaverse ETF(FMET) trades at $37.44. The stock has a price-to-earnings ratio of 46.92 and currently yields dividends of 0.72%.

As of 2026-07-13, Fidelity Covington Trust Fidelity Metaverse ETF(FMET) stock has fluctuated between $37.38 and $37.79. The current price stands at $37.44, placing the stock +0.2% above today's low and -0.9% off the high.

The Fidelity Covington Trust Fidelity Metaverse ETF(FMET)'s current trading volume is 1.35K, compared to an average daily volume of 2.35K.

During the past year, Fidelity Covington Trust Fidelity Metaverse ETF(FMET) stock moved between $30.14 at its lowest and $40.25 at its peak.

During the past year, Fidelity Covington Trust Fidelity Metaverse ETF(FMET) stock moved between $30.14 at its lowest and $40.25 at its peak.

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.