FMET 📈 Fidelity Metaverse - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US3160921884 • Communications

FMET: Virtual, Reality, Graphics, Gaming, Cloud, Software, Internet

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.

Additional Sources for FMET ETF

FMET ETF Overview

Market Cap in USD 32m
Category Communications
TER 0.39%
IPO / Inception 2022-04-19

FMET ETF Ratings

Growth 5y 52.3%
Fundamental -
Dividend 39.6%
Rel. Strength Industry -65.1
Analysts -
Fair Price Momentum 28.85 USD
Fair Price DCF -

FMET Dividends

Dividend Yield 12m 0.25%
Yield on Cost 5y 0.31%
Annual Growth 5y 26.56%
Payout Consistency 91.6%

FMET Growth Ratios

Growth Correlation 3m 38.9%
Growth Correlation 12m 66.3%
Growth Correlation 5y 91.1%
CAGR 5y 9.36%
CAGR/Mean DD 5y 1.21
Sharpe Ratio 12m 0.54
Alpha -16.57
Beta 1.11
Volatility 20.51%
Current Volume 4k
Average Volume 20d 7.7k
What is the price of FMET stocks?
As of January 05, 2025, the stock is trading at USD 30.47 with a total of 4,000 shares traded.
Over the past week, the price has changed by +0.49%, over one month by -1.68%, over three months by +2.20% and over the past year by +13.10%.
Is Fidelity Metaverse a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Fidelity Metaverse (NASDAQ:FMET) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.29 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FMET as of January 2025 is 28.85. This means that FMET is currently overvalued and has a potential downside of -5.32%.
Is FMET a buy, sell or hold?
Fidelity Metaverse has no consensus analysts rating.
What are the forecast for FMET stock price target?
According to ValueRays Forecast Model, FMET Fidelity Metaverse will be worth about 32.2 in January 2026. The stock is currently trading at 30.47. This means that the stock has a potential upside of +5.68%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 32.2 5.7%