FMET vs. XDAT ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to Franklin Exponential Data ETF (XDAT)

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

$29.76

Average Daily Volume

8,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XDAT

Franklin Exponential Data ETF

XDAT Description

XDAT provides exposure to companies that may benefit from exponential data or the use of large data sets and/or the growth of data, including systems, services, hardware, software and other digital and physical infrastructure related to data creation, amplification, collection, cleaning, recording, analysis, processing, transmission, delivery, storage, encryption and security. These may include firms that either monetize data or have the potential in the future to monetize data, such as those offering cloud computing technologies and services, data supporting infrastructure, data analytics solutions, artificial intelligence, machine learning, and augmented and virtual reality. In constructing the portfolio the investment managers use a proprietary fundamental, bottom-up research and analysis which leverages insights from diverse sources. The Fund may invest across economic sectors but it leans heavily towards information technology related industries.

Grade (RS Rating)

Last Trade

$22.76

Average Daily Volume

2,480

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	XDAT
30 Days	9.11%	6.01%
60 Days	3.41%	0.84%
90 Days	3.18%	-4.68%
12 Months	23.81%	30.39%

6 Overlapping Holdings

Symbol	Grade	Weight in FMET	Weight in XDAT	Overlap
ADBE	F	3.78%	0.35%	0.35%
EQIX	D	2.33%	3.88%	2.33%
GLOB	F	1.24%	0.31%	0.31%
GOOGL	A	5.51%	5.2%	5.2%
META	D	4.34%	4.24%	4.24%
MSFT	B	4.47%	8.95%	4.47%

FMET Overweight 29 Positions Relative to XDAT

Symbol	Grade	Weight
NVDA	C	5.14%
AAPL	C	4.55%
QCOM	B	4.38%
AMD	D	3.7%
INTC	F	2.7%
SNAP	C	2.34%
DLR	C	2.31%
SMCI	D	2.23%
PINS	B	2.21%
ADSK	F	2.16%
ANSS	D	2.06%
EA	F	1.99%
TTWO	D	1.94%
PTC	C	1.86%
RBLX	F	1.8%
BSY	A	1.65%
CRUS	B	1.3%
U	F	1.08%
SYNA	D	0.98%
GDS	C	0.77%
AMBA	D	0.72%
DAVA	F	0.7%
WB	D	0.64%
BMBL	D	0.64%
EXPI	D	0.62%
HIMX	C	0.57%
PLTK	C	0.57%
FSLY	F	0.48%
TWKS	D	0.44%

FMET Underweight 37 Positions Relative to XDAT

Symbol	Grade	Weight
CRWD	C	-5.85%
MDB	D	-5.65%
PANW	C	-5.27%
NOW	C	-5.18%
DDOG	D	-4.93%
FICO	A	-4.45%
ANET	B	-4.21%
SNOW	D	-3.34%
TMUS	B	-2.83%
IT	D	-2.23%
MNDY	C	-2.08%
NET	F	-1.98%
SPGI	B	-1.9%
CRM	D	-1.88%
TTD	B	-1.87%
HUBS	D	-1.78%
ACN	F	-1.73%
MSCI	F	-1.64%
ZS	F	-1.61%
FTNT	D	-1.56%
FDS	C	-1.52%
DXCM	D	-1.4%
S	D	-1.25%
CCI	D	-1.23%
SBAC	F	-1.05%
CFLT	C	-1.02%
KEYS	C	-0.95%
GTLB	D	-0.78%
MCO	A	-0.59%
CXM	D	-0.46%
AKAM	F	-0.46%
QLYS	F	-0.38%
TRU	C	-0.26%
NFLX	B	-0.25%
VRSK	A	-0.2%
ZI	F	-0.14%
SPT	F	-0.1%