Performance analysis of FMET (FIDELITY METAVERSE ETF)
Annual Return
Over the past 3 years, FMET has had an average annual return of +12.24%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Apr 21, 2022, FMET has had an average annual return of +10.83%, underperforming the benchmark SPY, which returned +14.76% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +2.41% | +21.92% | +6.76% | +39.18% | -16.56% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.75% | -6.13% | -5.37% | +16.28% | +8.37% | -6.93% | +0.05% | +2.41% | |||||
| 2025 | +3.48% | -1.85% | -8.00% | +1.08% | +9.09% | +11.31% | +3.72% | +1.29% | +6.19% | +1.33% | -6.50% | +0.58% | +21.92% |
| 2024 | -1.35% | +3.13% | +2.01% | -5.17% | +5.53% | +4.76% | -1.71% | -1.26% | +2.31% | -2.38% | +4.10% | -2.75% | +6.76% |
| 2023 | +11.39% | -2.06% | +7.36% | -0.97% | +5.11% | +4.78% | +6.08% | -6.99% | -5.90% | -1.70% | +13.54% | +5.14% | +39.18% |
| 2022 | -3.04% | +0.93% | -10.35% | +5.63% | -4.27% | -15.14% | -2.56% | +13.44% | +0.28% | -16.56% |
Drawdown analysis of FMET (FIDELITY METAVERSE ETF)
The maximum drawdown for the FMET was -29.23%, occurring on Nov 3, 2022. Recovery took 140 trading sessions.
The current FMET drawdown is -8.13%.
Since Apr 21, 2022 FMET has experienced the following drawdowns:
- 20% or more: 3 times
- 10% or more: 7 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.23% | May 4, 2022 | 127 | Nov 3, 2022 | 140 | May 26, 2023 | 267 |
| -25.02% | Feb 20, 2025 | 33 | Apr 8, 2025 | 45 | Jun 12, 2025 | 78 |
| -23.00% | Oct 27, 2025 | 105 | Mar 30, 2026 | 41 | May 28, 2026 | 146 |
| -16.20% | Jul 31, 2023 | 62 | Oct 26, 2023 | 33 | Dec 13, 2023 | 95 |
| -15.21% | Jul 10, 2024 | 20 | Aug 7, 2024 | 127 | Feb 10, 2025 | 147 |
| -11.48% | Jun 2, 2026 | 16 | Jun 25, 2026 | Ongoing | Ongoing | Ongoing |
| -10.43% | Mar 12, 2024 | 27 | Apr 19, 2024 | 18 | May 15, 2024 | 45 |
| -5.46% | Apr 21, 2022 | 4 | Apr 27, 2022 | 5 | May 4, 2022 | 9 |
| -5.16% | Dec 28, 2023 | 12 | Jan 17, 2024 | 6 | Jan 25, 2024 | 18 |
| -5.02% | Feb 15, 2024 | 3 | Feb 21, 2024 | 14 | Mar 12, 2024 | 17 |
| -4.90% | Jun 16, 2023 | 12 | Jul 6, 2023 | 4 | Jul 12, 2023 | 16 |
| -4.64% | Oct 8, 2025 | 2 | Oct 10, 2025 | 11 | Oct 27, 2025 | 13 |
| -3.56% | Aug 13, 2025 | 6 | Aug 21, 2025 | 11 | Sep 8, 2025 | 17 |
| -3.40% | Jul 13, 2023 | 9 | Jul 26, 2023 | 3 | Jul 31, 2023 | 12 |
| -2.88% | May 20, 2024 | 7 | May 30, 2024 | 9 | Jun 12, 2024 | 16 |
| -2.53% | Jan 29, 2024 | 2 | Jan 31, 2024 | 2 | Feb 2, 2024 | 4 |
| -2.51% | Jun 12, 2025 | 1 | Jun 13, 2025 | 6 | Jun 24, 2025 | 7 |
| -2.08% | Sep 22, 2025 | 3 | Sep 25, 2025 | 7 | Oct 6, 2025 | 10 |
| -1.94% | Jun 6, 2023 | 1 | Jun 7, 2023 | 3 | Jun 12, 2023 | 4 |
| -1.93% | Feb 12, 2024 | 1 | Feb 13, 2024 | 1 | Feb 14, 2024 | 2 |
| -1.63% | Jul 31, 2025 | 1 | Aug 1, 2025 | 1 | Aug 4, 2025 | 2 |
| -1.58% | Dec 19, 2023 | 1 | Dec 20, 2023 | 1 | Dec 21, 2023 | 2 |
| -1.42% | Jun 17, 2024 | 4 | Jun 24, 2024 | 6 | Jul 2, 2024 | 10 |
| -1.12% | Aug 4, 2025 | 2 | Aug 6, 2025 | 4 | Aug 12, 2025 | 6 |
| -1.05% | Jul 3, 2025 | 5 | Jul 11, 2025 | 2 | Jul 15, 2025 | 7 |