FMET vs VXUS

Quick Verdict

VXUS has a lower expense ratio. VXUS delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: VXUSMore Diversified: VXUS

Side-by-Side Comparison

MetricFMETVXUSWinner
Expense Ratio0.39%0.05%
AUM$44M$156.5B
Dividend Yield0.52%2.60%
Holdings558,747
YTD Return+6.00%+14.19%
1Y Return+10.22%+27.38%
3Y Return (annualized)+15.80%+19.53%
5Y Return (annualized)-+9.03%
Volatility (annualized)22.1%15.1%
Max Drawdown-29.2%-39.9%
Fund FamilyFidelity Investments (US)Vanguard (US)
CategoryEquityEquity
InceptionApr 19, 2022Jan 26, 2011

FMET vs VXUS Performance

Fidelity Metaverse ETF (FMET) is a ETF from Fidelity Investments (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year FMET returned +10.22% while VXUS returned +27.38%. Year to date, FMET is up 6.00% versus a gain of 14.19% for VXUS.

Over three years, FMET compounded at +15.80% per year against +19.53% for VXUS. Across the full 4-year window we track, FMET has the edge at +11.85% annualized vs +4.83%. 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 15.1% for VXUS. 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 -39.9% for VXUS. 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 0.75. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FMET charges 0.39% per year while VXUS charges 0.05%. On a $10,000 position that is $39 vs $5 annually, a gap of $34 per year that compounds over a long holding period. On income, FMET currently yields 0.52% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

FMET and VXUS share 9 holdings out of 7901 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FMETWeight in VXUSDifference
035420:KR1.85%0.06%1.79%
3659:JP1.30%0.02%1.28%
259960:KR1.17%0.01%1.16%
36570:KRProProPro
3697:JPProProPro
MOMO:SHProProPro
263750:KRProProPro
251270:KRProProPro
3778:JPProProPro
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Frequently Asked Questions

Which is cheaper, FMET or VXUS?

FMET has an expense ratio of 0.39% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $34 per year of difference.

Which performed better, FMET or VXUS?

Over the past year FMET returned +10.22% vs +27.38% for VXUS, so VXUS leads on 1-year performance. Over the longest common window we track (4 years), FMET annualized +11.85% vs +4.83% for VXUS. Past performance does not guarantee future results.

Which is riskier, FMET or VXUS?

FMET has been the more volatile fund at 22.1% annualized versus 15.1% for VXUS. Worst drawdown: FMET -29.2% vs VXUS -39.9%.

Should I hold both FMET and VXUS?

FMET and VXUS have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FMET and VXUS?

FMET and VXUS share 9 common holdings with a 0.1% weight overlap. Combined, they hold 7901 unique securities.

Which pays a higher dividend, FMET or VXUS?

FMET yields 0.52% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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