FMET Stock Summary and Trading Ideas (Fidelity Metaverse ETF | NASDAQ:FMET)

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Metaverse Index. Normally investing at least 80% of assets in securities included in the Fidelity Metaverse Index and in depositary receipts representing securities included in the index. "Metaverse" is a term used to describe a future state of the internet characterized by a network of both augmented reality and virtual worlds that can be experienced persistently and in a shared environment by large numbers of users. The Fidelity Metaverse 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.

Fidelity Metaverse ETF trades on the NASDAQ stock market under the symbol FMET.

As of October 19, 2026, FMET stock price climbed to $38.52 with 18,608 million shares trading.

FMET has a market cap of $42.37 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FMET traded as high as $40.25 and as low as $22.81.

FMET has underperformed the market in the last year with a price return of +3.0% while the SPY ETF gained +16.5%. However, in the short term, FMET had mixed performance relative to the market. It has outperformed in the last 3 months, returning +5.4% vs +3.4% return in SPY. But in the last 2 weeks, FMET shares have been beat by the market, returning -3.4% compared to an SPY return of -1.1%.

FMET support price is $37.73 and resistance is $38.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FMET shares will trade within this expected range on the day.