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Upturn AI SWOT - About
Fidelity® Metaverse ETF (FMET)
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Upturn Advisory Summary
03/11/2025: FMET (1-star) is a SELL. SELL since 5 days. Profits (-3.02%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 15.03% | Avg. Invested days 51 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/11/2025 |
Key Highlights
Volume (30-day avg) 6173 | Beta - | 52 Weeks Range 26.13 - 32.73 | Updated Date 04/2/2025 |
52 Weeks Range 26.13 - 32.73 | Updated Date 04/2/2025 |
Upturn AI SWOT
Fidelity® Metaverse ETF
ETF Overview
Overview
The Fidelityu00ae Metaverse ETF (FMET) seeks to provide investment results that correspond generally to the performance of the Fidelity Metaverse Index. It focuses on companies that develop, manufacture, distribute, or sell products and services related to establishing and enabling the metaverse. The fund invests primarily in publicly traded companies worldwide.
Reputation and Reliability
Fidelity is a well-established and reputable financial services company with a long history of managing investment funds.
Management Expertise
Fidelity has a team of experienced investment professionals managing its ETFs.
Investment Objective
Goal
To seek investment results that correspond generally to the performance of the Fidelity Metaverse Index.
Investment Approach and Strategy
Strategy: FMET aims to track the performance of the Fidelity Metaverse Index, a rules-based index designed to reflect the performance of companies that develop, manufacture, distribute, or sell products and services related to establishing and enabling the metaverse.
Composition The ETF holds a diversified portfolio of stocks across various sectors that are relevant to the metaverse, including technology, communication services, and consumer discretionary.
Market Position
Market Share: FMET's market share is relatively small compared to broad market ETFs, but it is significant within the metaverse-focused ETF category.
Total Net Assets (AUM): 161500000
Competitors
Key Competitors
- Roundhill Ball Metaverse ETF (METV)
- Global X Metaverse ETF (VR)
- Subversive Metaverse ETF (PUNK)
Competitive Landscape
The metaverse ETF market is relatively concentrated, with METV holding the largest market share. FMET competes with other metaverse-focused ETFs by offering exposure to a similar theme but with Fidelity's investment expertise and brand recognition. The advantages of FMET include Fidelity's resources, while disadvantages might be a shorter track record compared to some competitors.
Financial Performance
Historical Performance: Historical performance data should be obtained from reliable financial data providers. Past performance is not indicative of future results.
Benchmark Comparison: FMET's performance should be compared against the Fidelity Metaverse Index to assess tracking error.
Expense Ratio: 0.39
Liquidity
Average Trading Volume
FMET's average trading volume is moderate and provides sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread for FMET is generally tight but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
FMET is affected by trends in technology, gaming, social media, and virtual reality, as well as broader economic conditions and interest rate movements.
Growth Trajectory
The growth trajectory of FMET depends on the adoption and development of the metaverse, and the continued growth in strategy and holdings.
Moat and Competitive Advantages
Competitive Edge
FMET benefits from Fidelity's strong brand recognition and distribution network. Its competitive edge stems from leveraging Fidelity's research capabilities to identify and invest in companies poised to benefit from the growth of the metaverse. The ETF's rules-based index offers a transparent and systematic approach to capturing the metaverse theme. Fidelity's scale allows for competitive expense ratios, attracting cost-conscious investors. Overall, FMET provides a credible and accessible way for investors to gain exposure to the metaverse.
Risk Analysis
Volatility
FMET is expected to exhibit high volatility due to the growth-oriented nature of the metaverse and its underlying holdings.
Market Risk
FMET is subject to market risk, sector-specific risk related to technology and communication services, and concentration risk due to its focus on a specific theme.
Investor Profile
Ideal Investor Profile
The ideal investor profile for FMET is someone with a high risk tolerance, a long-term investment horizon, and a belief in the growth potential of the metaverse.
Market Risk
FMET is best suited for long-term investors seeking exposure to the metaverse theme and willing to accept higher levels of volatility.
Summary
Fidelity Metaverse ETF (FMET) provides focused exposure to companies involved in the development and adoption of the metaverse. FMET leverages Fidelity's established brand and investment expertise. The fund's performance is tied to the growth and adoption of the metaverse, making it suitable for long-term investors with a high risk tolerance. While the metaverse concept is promising, investors should be aware of the high volatility and sector-specific risks associated with this investment.
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Sources and Disclaimers
Data Sources:
- Fidelity Investments Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity® Metaverse ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.
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