FMET vs. QQQN ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to VictoryShares Nasdaq Next 50 ETF (QQQN)

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

$29.82

Average Daily Volume

5,234

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	QQQN
30 Days	-1.56%	3.53%
60 Days	0.21%	4.80%
90 Days	0.31%	10.05%
12 Months	11.89%	35.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in FMET	Weight in QQQN	Overlap
	BSY	D	1.59%	1.39%	1.39%
	PTC	B	2.2%	2.16%	2.16%

FMET Overweight 34 Positions Relative to QQQN

Symbol	Grade	Weight
NVDA	B	5.75%
META	C	4.77%
GOOGL	B	4.73%
AMD	F	4.56%
MSFT	D	4.32%
AAPL	C	4.27%
QCOM	F	4.19%
INTC	C	4.16%
ADBE	F	3.9%
EQIX	A	3.38%
ADSK	B	3.24%
DLR	A	3.13%
EA	A	2.51%
RBLX	B	2.37%
TTWO	A	2.34%
SNAP	D	2.0%
PINS	F	1.77%
GLOB	C	1.68%
ALTR	B	1.45%
U	F	1.37%
SMCI	F	1.15%
CRUS	F	1.04%
AMBA	B	1.03%
FSLY	D	0.83%
EXPI	C	0.82%
MOMO	D	0.72%
BMBL	C	0.71%
WB	D	0.7%
VNET	D	0.69%
HIMX	F	0.67%
DAVA	D	0.66%
PLTK	A	0.64%
TWKS	B	0.54%
HEAR	C	0.52%

FMET Underweight 47 Positions Relative to QQQN

Symbol	Grade	Weight
APP	A	-4.61%
ALNY	D	-3.68%
MSTR	A	-3.64%
MPWR	F	-3.59%
AXON	A	-3.25%
TSCO	D	-3.07%
EBAY	D	-3.03%
NTAP	D	-2.37%
UAL	A	-2.36%
CHKP	D	-2.26%
ICLR	F	-2.26%
WDC	F	-2.23%
TCOM	B	-2.22%
STX	D	-2.12%
FSLR	D	-2.01%
TER	F	-1.98%
STLD	B	-1.94%
EXPE	A	-1.92%
ZM	B	-1.86%
ZBRA	B	-1.86%
HOLX	D	-1.84%
SSNC	C	-1.81%
ARGX	B	-1.77%
VRSN	F	-1.77%
JBHT	C	-1.74%
DKNG	B	-1.73%
ULTA	F	-1.68%
GEN	B	-1.61%
MANH	D	-1.61%
LNT	A	-1.55%
ENTG	F	-1.52%
AKAM	F	-1.52%
UTHR	C	-1.52%
ALGN	C	-1.51%
SNY	D	-1.51%
SWKS	F	-1.48%
NTNX	B	-1.45%
NTRA	B	-1.43%
NDSN	C	-1.39%
CPB	D	-1.37%
BMRN	F	-1.3%
BNTX	D	-1.06%
ENPH	F	-1.04%
NWSA	B	-0.95%
FOXA	B	-0.92%
FOX	A	-0.88%
NWS	B	-0.51%