FMET vs. KNCT ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to Invesco Next Gen Connectivity ETF (KNCT)

FMET

Fidelity Metaverse ETF

FMET Description

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.

Grade (RS Rating)

Last Trade

$30.12

Average Daily Volume

5,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$103.97

Average Daily Volume

323

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	KNCT
30 Days	0.20%	0.19%
60 Days	2.45%	3.27%
90 Days	0.64%	4.06%
12 Months	13.18%	25.60%

5 Overlapping Holdings

Symbol	Grade	Weight in FMET	Weight in KNCT	Overlap
AAPL	C	4.44%	7.83%	4.44%
DLR	B	3.27%	1.17%	1.17%
EQIX	A	3.47%	1.82%	1.82%
INTC	C	4.09%	2.19%	2.19%
QCOM	F	4.18%	3.89%	3.89%

FMET Overweight 30 Positions Relative to KNCT

Symbol	Grade	Weight
NVDA	B	5.66%
GOOGL	C	4.83%
META	D	4.65%
AMD	F	4.44%
MSFT	D	4.41%
ADBE	C	4.08%
ADSK	A	3.32%
EA	A	2.71%
TTWO	A	2.49%
RBLX	C	2.4%
PTC	B	2.24%
SNAP	D	1.82%
PINS	F	1.82%
BSY	F	1.59%
GLOB	B	1.54%
ALTR	B	1.5%
U	C	1.25%
CRUS	D	1.05%
SMCI	F	1.05%
AMBA	B	0.99%
EXPI	D	0.76%
MOMO	D	0.73%
VNET	B	0.72%
WB	D	0.72%
BMBL	C	0.72%
FSLY	D	0.71%
DAVA	C	0.68%
PLTK	B	0.67%
HIMX	F	0.61%
HEAR	D	0.47%

FMET Underweight 55 Positions Relative to KNCT

Symbol	Grade	Weight
AVGO	D	-7.92%
CSCO	B	-4.16%
VZ	C	-3.68%
T	A	-3.37%
ACN	B	-2.97%
PANW	B	-2.74%
TMUS	B	-2.5%
CMCSA	B	-2.24%
ANET	C	-2.21%
MU	D	-1.96%
AMT	C	-1.94%
CRWD	B	-1.7%
MRVL	B	-1.68%
SNPS	B	-1.6%
CDNS	B	-1.56%
MSI	B	-1.52%
FTNT	C	-1.27%
APH	A	-1.16%
DDOG	A	-0.87%
CHTR	C	-0.79%
CCI	C	-0.65%
NET	B	-0.6%
MCHP	F	-0.54%
NTAP	C	-0.52%
SBAC	D	-0.5%
MDB	B	-0.46%
ZS	B	-0.43%
KEYS	A	-0.39%
NTNX	B	-0.37%
ARM	F	-0.36%
UMC	F	-0.35%
DOCU	B	-0.35%
DT	D	-0.34%
COHR	B	-0.33%
CHKP	C	-0.33%
FFIV	B	-0.3%
AKAM	D	-0.29%
JNPR	D	-0.27%
CYBR	A	-0.27%
OKTA	C	-0.26%
LBRDK	C	-0.23%
CIEN	C	-0.22%
CACI	D	-0.22%
BAH	F	-0.22%
WIT	B	-0.21%
FYBR	C	-0.19%
CHT	C	-0.17%
LSCC	D	-0.15%
CFLT	B	-0.14%
RMBS	B	-0.12%
QLYS	B	-0.12%
KD	B	-0.12%
TENB	C	-0.11%
DY	D	-0.1%
G	B	-0.08%