FMET vs. QTEC ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to First Trust NASDAQ-100- Technology Index Fund (QTEC)

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

$30.23

Average Daily Volume

5,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QTEC

First Trust NASDAQ-100- Technology Index Fund

QTEC Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Technology Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are classified as "technology" according to the Industry Classification Benchmark classification system. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$196.94

Average Daily Volume

114,716

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	QTEC
30 Days	1.92%	4.12%
60 Days	2.65%	4.78%
90 Days	1.01%	2.69%
12 Months	13.60%	24.05%

11 Overlapping Holdings

Symbol	Grade	Weight in FMET	Weight in QTEC	Overlap
AAPL	C	4.44%	2.28%	2.28%
ADBE	C	4.08%	2.31%	2.31%
ADSK	A	3.32%	2.62%	2.62%
AMD	F	4.44%	2.03%	2.03%
GOOGL	C	4.83%	1.22%	1.22%
INTC	D	4.09%	2.61%	2.61%
META	D	4.65%	2.34%	2.34%
MSFT	F	4.41%	2.24%	2.24%
NVDA	C	5.66%	2.89%	2.89%
QCOM	F	4.18%	2.21%	2.21%
SMCI	F	1.05%	0.9%	0.9%

FMET Overweight 24 Positions Relative to QTEC

Symbol	Grade	Weight
EQIX	A	3.47%
DLR	B	3.27%
EA	A	2.71%
TTWO	A	2.49%
RBLX	C	2.4%
PTC	A	2.24%
SNAP	C	1.82%
PINS	D	1.82%
BSY	D	1.59%
GLOB	B	1.54%
ALTR	B	1.5%
U	C	1.25%
CRUS	D	1.05%
AMBA	B	0.99%
EXPI	C	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	C	0.47%

FMET Underweight 32 Positions Relative to QTEC

Symbol	Grade	Weight
TEAM	A	-3.5%
DASH	A	-2.84%
FTNT	C	-2.81%
MRVL	B	-2.8%
ZS	C	-2.75%
PANW	C	-2.64%
CRWD	B	-2.62%
DDOG	A	-2.61%
PDD	F	-2.56%
CDNS	B	-2.52%
MU	D	-2.49%
WDAY	B	-2.49%
INTU	C	-2.48%
SNPS	B	-2.47%
GFS	C	-2.47%
CTSH	B	-2.44%
ANSS	B	-2.42%
MDB	C	-2.39%
ROP	B	-2.31%
TXN	C	-2.31%
AVGO	D	-2.27%
ARM	D	-2.24%
LRCX	F	-2.21%
AMAT	F	-2.21%
ON	D	-2.2%
NXPI	D	-2.2%
ADI	D	-2.13%
ASML	F	-1.99%
KLAC	D	-1.94%
MCHP	D	-1.94%
CDW	F	-1.83%
GOOG	C	-1.23%