SMHX vs. FMET ETF Comparison

Comparison of VanEck Fabless Semiconductor ETF (SMHX) to Fidelity Metaverse ETF (FMET)

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.76

Average Daily Volume

30,670

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

$30.68

Average Daily Volume

6,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHX	FMET
30 Days	3.08%	2.54%
60 Days	5.91%	1.19%
90 Days		3.06%
12 Months		15.38%

5 Overlapping Holdings

Symbol	Grade	Weight in SMHX	Weight in FMET	Overlap
AMBA	A	1.7%	0.99%	0.99%
AMD	F	4.11%	4.44%	4.11%
CRUS	F	2.96%	1.05%	1.05%
NVDA	C	22.37%	5.66%	5.66%
QCOM	F	4.15%	4.18%	4.15%

SMHX Overweight 16 Positions Relative to FMET

Symbol	Grade	Weight
AVGO	D	13.86%
SNPS	B	5.04%
MRVL	B	4.84%
CDNS	B	4.64%
ARM	D	3.85%
RMBS	C	3.61%
LSCC	D	2.95%
PI	D	2.79%
MPWR	F	2.5%
POWI	D	2.23%
SLAB	D	1.84%
ALGM	D	1.57%
SIMO	F	1.53%
SITM	B	1.51%
SMTC	A	1.46%
SYNA	C	1.42%

SMHX Underweight 30 Positions Relative to FMET

Symbol	Grade	Weight
GOOGL	C	-4.83%
META	D	-4.65%
AAPL	B	-4.44%
MSFT	D	-4.41%
INTC	C	-4.09%
ADBE	C	-4.08%
EQIX	A	-3.47%
ADSK	B	-3.32%
DLR	A	-3.27%
EA	C	-2.71%
TTWO	B	-2.49%
RBLX	C	-2.4%
PTC	A	-2.24%
SNAP	C	-1.82%
PINS	F	-1.82%
BSY	D	-1.59%
GLOB	B	-1.54%
ALTR	B	-1.5%
U	C	-1.25%
SMCI	D	-1.05%
EXPI	C	-0.76%
MOMO	D	-0.73%
VNET	C	-0.72%
WB	C	-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%