FMET vs VTI
Fidelity Metaverse ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | FMET | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $44M | $663.5B | |
| Dividend Yield | 0.52% | 1.07% | |
| Holdings | 55 | 3,543 | |
| YTD Return | +6.35% | +14.22% | |
| 1Y Return | +8.63% | +22.19% | |
| 3Y Return (annualized) | +15.92% | +21.27% | |
| 5Y Return (annualized) | - | +12.23% | |
| Volatility (annualized) | 22.1% | 15.3% | |
| Max Drawdown | -29.2% | -56.6% | |
| Fund Family | Fidelity Investments (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 19, 2022 | May 24, 2001 |
FMET vs VTI Performance
Fidelity Metaverse ETF (FMET) is a ETF from Fidelity Investments (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year FMET returned +8.63% while VTI returned +22.19%. Year to date, FMET is up 6.35% versus a gain of 14.22% for VTI.
Over three years, FMET compounded at +15.92% per year against +21.27% for VTI. Across the full 4-year window we track, FMET has the edge at +11.93% annualized vs +8.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FMET has been the more volatile fund, with annualized monthly volatility of 22.1% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.2% for FMET and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FMET charges 0.39% per year while VTI charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, FMET currently yields 0.52% against 1.07% for VTI.
Holdings Overlap
FMET and VTI share 25 holdings out of 2807 unique holdings combined, representing a 19.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FMET or VTI?
FMET has an expense ratio of 0.39% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, FMET or VTI?
Over the past year FMET returned +8.63% vs +22.19% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), FMET annualized +11.93% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, FMET or VTI?
FMET has been the more volatile fund at 22.1% annualized versus 15.3% for VTI. Worst drawdown: FMET -29.2% vs VTI -56.6%.
Should I hold both FMET and VTI?
FMET and VTI have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FMET and VTI?
FMET and VTI share 25 common holdings with a 19.7% weight overlap. Combined, they hold 2807 unique securities.
Which pays a higher dividend, FMET or VTI?
FMET yields 0.52% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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