GET DAILY SIGNALSFidelity Metaverse ETF (FMET): Gaining Exposure to the Evolving Digital Landscape
Key Takeaways
- FMET is the Fidelity Metaverse ETF, a passively managed exchange-traded fund (ETF) that provides global exposure to companies tied to the metaverse and the future of the internet.
- The fund seeks to track the Fidelity Metaverse Index, a market-capitalization-weighted index of companies that develop, manufacture, distribute, or sell metaverse-related products and services.
- Launched in April 2022 by Fidelity, the ETF holds roughly 66 securities and carries a net expense ratio of 0.39%.
- Portfolio exposure is concentrated in information technology and communication services, with additional real estate holdings tied to data-center infrastructure.
Getting Started with FMET
The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that trades on an exchange like a stock while holding a diversified basket of securities. It offers investors a straightforward way to access the metaverse theme, which encompasses immersive digital environments built on virtual and augmented reality, advanced graphics, and cloud computing. Rather than concentrating on one company, the fund spreads exposure across the broader technology and communications sectors that support these developments.
Fund Structure and Objectives
FMET aims to mirror the Fidelity Metaverse Index, which covers a global set of companies involved in creating or enabling metaverse-related products and services. This leads to a portfolio weighted toward major technology and internet firms that supply the necessary hardware, software, platforms, and infrastructure. The fund is passively managed, so managers focus on replicating the index instead of attempting to outperform it through active selection. Issued by Fidelity through the Fidelity Covington Trust, it started trading on April 19, 2022. Recent data shows it holds about 66 securities with a net expense ratio of 0.39%.
I also checked this using Tickeron’s AI Screener to see how the fund aligns with similar thematic vehicles.
Holdings and Sector Breakdown
The portfolio leans toward a handful of prominent global companies. Top positions include AAPL (Apple), MSFT (Microsoft), META (Meta Platforms), NVDA (NVIDIA), GOOGL (Alphabet), AMD (Advanced Micro Devices), QCOM (Qualcomm), and ADBE (Adobe), plus data-center real estate companies such as Equinix and Digital Realty Trust. Sector weights are led by information technology at roughly 53–55% and communication services at about 36–39%, with real estate making up around 7–8% for the physical infrastructure supporting digital platforms. The fund remains primarily U.S.-focused but includes some exposure to markets like China and South Korea.
Why This ETF Draws Interest
Investors track FMET for its targeted approach to the metaverse and the ongoing shift in internet technologies. For those who see immersive experiences, spatial computing, and advanced graphics becoming more central to economic activity, the ETF provides diversified access without the need to select individual stocks. Its emphasis on technology and communication services sectors gives it a growth tilt, while the inclusion of both large-cap leaders and specialized infrastructure names creates a balanced view of the theme. Index-based rebalancing allows the holdings to adjust as the metaverse concept continues to develop.
Key Risks to Consider
Several factors warrant attention before investing. The fund’s heavy weighting in technology and communication services sectors can lead to volatility tied to interest rates, regulation, and spending patterns. With only about 66 holdings and concentration in a few large names, individual stock moves can significantly affect performance. As a passive index tracker, it is not designed to beat the market and may trail actively managed alternatives in certain environments. Like other ETFs, it can show small differences between market price and net asset value. Thematic focus also means it may lag broader indexes if interest in the metaverse fades, and the commercial potential of this still-emerging concept remains uncertain.
AI Tools for Deeper Analysis
When researching thematic ETFs like this one, I often turn to Tickeron’s AI Screener to quickly filter opportunities based on technical indicators, fundamentals, and sector trends. It helps surface ideas that fit a particular strategy without sifting through thousands of securities manually. The platform’s customizable filters and AI-generated signals make it a practical addition to the research process for investors focused on areas such as the metaverse or digital infrastructure.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
FMET in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 30, 2026
FMET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 30 of 32 cases where FMET's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FMET's RSI Oscillator exited the oversold zone, 19 of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 86%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 45 of 51 cases where FMET's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 88%.
Following a +4.12% 3-day Advance, the price is estimated to grow further. Considering data from situations where FMET advanced for three days, in 267 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FMET as a result. In 63 of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.
The Moving Average Convergence Divergence Histogram (MACD) for FMET turned negative on October 14, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In 30 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 70%.
FMET moved below its 50-day moving average on October 22, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FMET crossed bearishly below the 50-day moving average on October 23, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FMET declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 79%.
The Aroon Indicator for FMET entered a downward trend on November 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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