ARVR vs FMET
First Trust Indxx Metaverse ETF against Fidelity Metaverse ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
40%
19 shared positions
Fee gap
31 bp
FMET is cheaper
1-year return gap
10.4 pts
ARVR is ahead
Larger fund
FMET
$44M
Side by side
| ARVR | FMET | |
|---|---|---|
| Fund | First Trust Indxx Metaverse ETF | Fidelity Metaverse ETF |
| Issuer | First Trust | Fidelity |
| Category | Internet & Innovation | Internet & Innovation |
| Expense ratio | 0.70% | 0.39% |
| Assets | $8.8M | $44M |
| Average daily dollar volume | $33K | $104K |
| Listed | Apr 19, 2022 | Apr 19, 2022 |
| FrenzyCap score | 19 | 46 |
| 1-month return | +4.2% | +4.2% |
| 3-month return | +5.6% | +5.9% |
| Year to date | +20.3% | +9.9% |
| 1-year return | +13.1% | +2.7% |
| 30-day volatility | 16.9% | 18.1% |
| Worst drawdown, 1 year | −18.1% | −23.2% |
| Trailing 12-month yield | 0.62% | 0.68% |
| Holdings | 43 | 53 |
| Top 10 weight | 44.4% | 43.5% |
| Look-through P/E | 55.5 | 39.5 |
| Holdings vs fair value | +1.2% | +2.4% |
| Holdings above 200-day average | 78% | 69% |
| Net flow, latest 3 reported months | −$2.7M thru Jun 2026 | −$1.9M thru Jun 2026 |
| 30-day implied volatility | 22.3% | 22.8% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
43% of ARVR · 52% of FMET| Holding | ARVR | FMET |
|---|---|---|
| AMD | 6.29% | 5.41% |
| QCOM | 3.70% | 3.71% |
| TTWO | 3.24% | 3.50% |
| NETEASE INC | 2.95% | 3.34% |
| AAPL | 2.84% | 4.53% |
| NVDA | 2.79% | 4.46% |
| EA | 2.60% | 3.33% |
| MSFT | 2.57% | 4.25% |
| RBLX | 2.53% | 3.37% |
| META | 2.30% | 4.37% |
| ADBE | 2.28% | 3.85% |
| U | 1.30% | 1.66% |
| NEXON CO LTD | 1.93% | 1.29% |
| SUNNY OPTICAL TECHNOLOGY (GROUP) CO LTD | 0.97% | 1.09% |
| SNAP | 0.88% | 1.07% |
| GRND | 1.18% | 0.71% |
| UBISOFT ENTERTAINMENT SA | 1.31% | 0.58% |
| PEARLABYSS CORP | 0.60% | 0.57% |
| NETMARBLE CORP | 0.70% | 0.52% |
Sector mix of the stock holdings
| Sector | ARVR | FMET | Gap |
|---|---|---|---|
| Technology | 66.2% | 69.5% | −3.3% |
| Real Estate | 0.0% | 8.2% | −8.2% |
| Communication Services | 1.8% | 0.0% | +1.8% |
| Health Care | 1.6% | 0.0% | +1.6% |
More: full overlap table · ARVR holdings · FMET holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.