FMET Holdings: Fidelity Metaverse Top Holdings

The Fidelity Metaverse ETF (FMET) reports 9 holdings. Its biggest position is Advanced Micro Devices Inc (AMD) at 5.88% of assets. The top 10 holdings account for 42.7% of the portfolio, a moderately concentrated portfolio.

9 positions carry a weight of 1% or more. Based on the weights listed, FMET behaves like an equal-weighted fund of about 49 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.

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