FMET vs GGME
Fidelity Metaverse ETF against Invesco Next Gen Media and Gaming ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
34%
13 shared positions
Fee gap
23 bp
FMET is cheaper
1-year return gap
0.6 pts
FMET is ahead
Larger fund
GGME
$45M
Side by side
| FMET | GGME | |
|---|---|---|
| Fund | Fidelity Metaverse ETF | Invesco Next Gen Media and Gaming ETF |
| Issuer | Fidelity | Invesco |
| Category | Internet & Innovation | Gaming & Betting |
| Expense ratio | 0.39% | 0.62% |
| Assets | $44M | $45M |
| Average daily dollar volume | $104K | $65K |
| Listed | Apr 19, 2022 | Jun 23, 2005 |
| FrenzyCap score | 46 | 26 |
| 1-month return | +4.2% | +4.4% |
| 3-month return | +5.9% | +7.3% |
| Year to date | +9.9% | +11.9% |
| 1-year return | +2.7% | +2.1% |
| 30-day volatility | 18.1% | 17.5% |
| Worst drawdown, 1 year | −23.2% | −25.2% |
| Trailing 12-month yield | 0.68% | 0.07% |
| Holdings | 53 | 108 |
| Top 10 weight | 43.5% | 63.5% |
| Look-through P/E | 39.5 | 32.1 |
| Holdings vs fair value | +2.4% | −2.1% |
| Holdings above 200-day average | 69% | 72% |
| Net flow, latest 3 reported months | −$1.9M thru Jun 2026 | −$1.8M thru Jul 2026 |
| 30-day implied volatility | 22.8% | 26.4% |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Oct 8, 2026issuer data |
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
41% of FMET · 51% of GGME
Sector mix of the stock holdings
| Sector | FMET | GGME | Gap |
|---|---|---|---|
| Technology | 69.5% | 61.6% | +7.9% |
| Communication Services | 0.0% | 13.0% | −13.0% |
| Real Estate | 8.2% | 0.0% | +8.2% |
| Financials | 0.0% | 1.7% | −1.7% |
| Materials | 0.0% | 1.2% | −1.2% |
| Consumer Discretionary | 0.0% | 0.8% | −0.8% |
| Health Care | 0.0% | 0.5% | −0.5% |
| Industrials | 0.0% | 0.4% | −0.4% |
More: full overlap table · FMET holdings · GGME 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.