SMH vs. FMET ETF Comparison

Comparison of Market Vectors Semiconductor ETF (SMH) to Fidelity Metaverse ETF (FMET)

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$246.10

Average Daily Volume

5,987,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$30.12

Average Daily Volume

5,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMH	FMET
30 Days	-2.22%	0.20%
60 Days	3.45%	2.45%
90 Days	-0.92%	0.64%
12 Months	51.80%	13.18%

4 Overlapping Holdings

Symbol	Grade	Weight in SMH	Weight in FMET	Overlap
AMD	F	4.48%	4.44%	4.44%
INTC	C	4.15%	4.09%	4.09%
NVDA	B	23.17%	5.66%	5.66%
QCOM	F	4.3%	4.18%	4.18%

SMH Overweight 21 Positions Relative to FMET

Symbol	Grade	Weight
TSM	B	13.2%
AVGO	D	7.69%
TXN	C	4.45%
ASML	F	4.02%
AMAT	F	3.99%
MU	D	3.91%
ADI	D	3.77%
LRCX	F	3.53%
KLAC	F	3.21%
SNPS	B	3.14%
CDNS	B	3.03%
MRVL	B	2.53%
NXPI	D	1.82%
MCHP	F	1.3%
MPWR	F	0.98%
ON	D	0.88%
STM	F	0.78%
TER	F	0.58%
SWKS	F	0.5%
OLED	F	0.3%
QRVO	F	0.23%

SMH Underweight 31 Positions Relative to FMET

Symbol	Grade	Weight
GOOGL	C	-4.83%
META	D	-4.65%
AAPL	C	-4.44%
MSFT	D	-4.41%
ADBE	C	-4.08%
EQIX	A	-3.47%
ADSK	A	-3.32%
DLR	B	-3.27%
EA	A	-2.71%
TTWO	A	-2.49%
RBLX	C	-2.4%
PTC	B	-2.24%
SNAP	D	-1.82%
PINS	F	-1.82%
BSY	F	-1.59%
GLOB	B	-1.54%
ALTR	B	-1.5%
U	C	-1.25%
CRUS	D	-1.05%
SMCI	F	-1.05%
AMBA	B	-0.99%
EXPI	D	-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	D	-0.47%