FMET vs. KWEB ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to KraneShares CSI China Internet ETF (KWEB)

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

$31.04

Average Daily Volume

4,560

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.30

Average Daily Volume

28,145,644

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	KWEB
30 Days	2.78%	-2.00%
60 Days	11.30%	35.68%
90 Days	10.82%	30.17%
12 Months	22.31%	27.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in FMET	Weight in KWEB	Overlap
	WB	C	0.75%	0.5%	0.5%

FMET Overweight 35 Positions Relative to KWEB

Symbol	Grade	Weight
NVDA	A	5.44%
META	B	4.72%
GOOGL	B	4.69%
AMD	F	4.51%
MSFT	C	4.33%
AAPL	B	4.32%
QCOM	C	4.17%
ADBE	F	3.92%
INTC	C	3.79%
EQIX	B	3.36%
ADSK	A	3.13%
DLR	C	3.12%
EA	A	2.48%
RBLX	A	2.4%
TTWO	A	2.22%
PTC	B	2.18%
SNAP	C	2.15%
PINS	C	2.0%
BSY	C	1.63%
GLOB	B	1.57%
ALTR	C	1.5%
U	C	1.43%
SMCI	F	1.26%
CRUS	F	1.14%
AMBA	B	1.0%
EXPI	C	0.8%
FSLY	D	0.8%
MOMO	B	0.75%
VNET	C	0.7%
HIMX	D	0.67%
BMBL	D	0.66%
PLTK	B	0.63%
DAVA	F	0.61%
TWKS	C	0.55%
HEAR	C	0.49%

FMET Underweight 15 Positions Relative to KWEB

Symbol	Grade	Weight
BABA	C	-9.85%
PDD	C	-6.08%
BEKE	B	-5.08%
TCOM	B	-4.49%
YMM	C	-3.69%
BILI	C	-3.56%
BIDU	D	-3.39%
VIPS	C	-3.22%
TAL	C	-3.17%
QFIN	C	-3.0%
TME	C	-2.84%
BZ	C	-2.49%
ATHM	D	-1.18%
YY	D	-0.69%
IQ	D	-0.49%