FMET vs. WFH ETF Comparison
Comparison of Fidelity Metaverse ETF (FMET) to Direxion Work From Home ETF (WFH)
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
$30.25
Average Daily Volume
5,223
Number of Holdings
*
36
* may have additional holdings in another (foreign) market
WFH
Direxion Work From Home ETF
WFH Description
The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.Grade (RS Rating)
Last Trade
$58.34
Average Daily Volume
1,671
Number of Holdings
*
40
* may have additional holdings in another (foreign) market
Performance
Period | FMET | WFH |
---|---|---|
30 Days | 3.74% | 3.66% |
60 Days | 2.41% | 6.20% |
90 Days | -0.78% | 5.95% |
12 Months | 28.01% | 22.75% |
FMET Overweight 31 Positions Relative to WFH
Symbol | Grade | Weight | |
---|---|---|---|
AMD | C | 4.99% | |
NVDA | C | 4.82% | |
AAPL | C | 4.37% | |
QCOM | D | 4.18% | |
INTC | D | 3.7% | |
EQIX | B | 3.33% | |
ADSK | B | 2.92% | |
DLR | B | 2.85% | |
EA | D | 2.31% | |
SMCI | F | 2.23% | |
RBLX | C | 2.18% | |
PTC | C | 2.08% | |
TTWO | D | 2.03% | |
PINS | D | 1.96% | |
SNAP | D | 1.8% | |
BSY | C | 1.68% | |
U | D | 1.58% | |
GLOB | D | 1.46% | |
ALTR | C | 1.34% | |
CRUS | D | 1.25% | |
AMBA | C | 0.93% | |
EXPI | C | 0.85% | |
FSLY | D | 0.81% | |
VNET | B | 0.76% | |
WB | C | 0.72% | |
DAVA | F | 0.68% | |
HIMX | F | 0.63% | |
PLTK | C | 0.61% | |
BMBL | F | 0.56% | |
TWKS | C | 0.54% | |
HEAR | C | 0.45% |
FMET Underweight 35 Positions Relative to WFH
Symbol | Grade | Weight | |
---|---|---|---|
ORCL | B | -2.85% | |
DOCN | C | -2.77% | |
ATUS | C | -2.77% | |
SMAR | A | -2.66% | |
ZS | F | -2.62% | |
AMZN | C | -2.62% | |
NOW | C | -2.6% | |
VZ | A | -2.58% | |
IBM | B | -2.57% | |
AVGO | C | -2.56% | |
S | D | -2.56% | |
DDOG | D | -2.54% | |
RNG | F | -2.52% | |
CRWD | D | -2.51% | |
CRM | C | -2.49% | |
HUBS | D | -2.49% | |
CSCO | B | -2.48% | |
YY | C | -2.47% | |
MRVL | D | -2.46% | |
BOX | C | -2.45% | |
NET | D | -2.44% | |
SNX | C | -2.44% | |
NTAP | D | -2.44% | |
DOCU | C | -2.41% | |
NTCT | C | -2.4% | |
TEAM | D | -2.4% | |
OKTA | F | -2.39% | |
PEGA | B | -2.38% | |
XRX | D | -2.37% | |
FTNT | B | -2.37% | |
VRNS | B | -2.37% | |
CYBR | B | -2.36% | |
ZM | C | -2.36% | |
WDAY | D | -2.34% | |
PANW | D | -2.32% |
FMET: Top Represented Industries & Keywords
Industries:
Software - Application
Internet Content & Information
Semiconductors
Information Technology Services
Software - Infrastructure
Electronic Gaming & Multimedia
Electronic Gaming & Multimedia
Communication Equipment
Computer Hardware
Consumer Electronics
REIT - Diversified
REIT - Office
Real Estate Services
Semiconductor Equipment & Materials
Keywords:
Computing
S&P 500
Nasdaq 100
Software
Mobile Devices
Smartphones
Video Games
Games
Social Media
Visualization
Application Software
Cloud Computing
Design Manufacturers
Digital Media
Fabless Semiconductor Companies
Operating System
Artificial Intelligence
Camera
Data Center
Dow Jones Component
WFH: Top Represented Industries & Keywords
Industries:
Software - Application
Software - Infrastructure
Internet Content & Information
Telecom Services
Information Technology Services
Semiconductors
Business Services
Communication Equipment
Data Storage
Specialty Retail
Keywords:
Computing
Nasdaq 100
S&P 500
Work From Home
Cloud Computing
Software As A Service
Telecommunications
Software
Cloud Infrastructure
Computer Security
Cybersecurity
Dow Jones Component
Information Technology Management
Mobile Devices
Systems Integrator
Operating System
Software Development
Business Process Management
CRM
Cloud Applications