FMET vs GLDB

Comparison between FIDELITY METAVERSE ETF (FMET, ETF) and IDX ALTERNATIVE FIAT ETF (GLDB, ETF).

FMET vs GLDB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMET(ETF)	GLDB(ETF)
Net Assets	$45M	$46M
Expense Ratio	0.39%	0.96%
Max Drawdown	29.30%	30.83%
Sharpe Ratio	0.79	-0.60
5Y Beta	1.23	1.54
P/E Ratio	80.68	N/A
Forward P/E	23.83	N/A
PEG Ratio	0.74	N/A
5Y EPS CAGR	20.17%	N/A
Debt to Equity	51.90%	N/A
P/S Ratio	3.45	N/A
P/B Ratio	6.60	N/A

Net Assets

FMET

$45M

Winner

GLDB

$46M

Expense Ratio

Winner

FMET

0.39%

GLDB

0.96%

Max Drawdown

Winner

FMET

29.30%

GLDB

30.83%

Sharpe Ratio

Winner

FMET

0.79

GLDB

-0.60

5Y Beta

Winner

FMET

1.23

GLDB

1.54

P/E Ratio

FMET

80.68

GLDB

N/A

Forward P/E

FMET

23.83

GLDB

N/A

PEG Ratio

FMET

0.74

GLDB

N/A

5Y EPS CAGR

FMET

20.17%

GLDB

N/A

Debt to Equity

FMET

51.90%

GLDB

N/A

P/S Ratio

FMET

3.45

GLDB

N/A

P/B Ratio

FMET

6.60

GLDB

N/A

FMET vs GLDB - Holdings Comparison

FMET and GLDB have 1 common holdings. Overlap is 0.00%

FMET's top 25 holdings weight is 81.82%. GLDB's top 25 holdings weight is 80.75%.

Rank	FMET	GLDB
#1	ADVANCED MICRO DEVICES INC (AMD) - 9.60%	SSGH FUND LTD CFC (n/a) - 5.24%
#2	QUALCOMM INC (QCOM) - 6.90%	CITIGROUP INC. 4.412% (n/a) - 3.82%
#3	ALPHABET INC CLASS A (GOOGL) - 4.91%	ANHEUSER-BUSCH COMPANIES LLC / ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.7% (n/a) - 3.80%
#4	MONOLITHIC POWER SYSTEMS INC (MPWR) - 4.52%	WELLS FARGO & CO. 3% (n/a) - 3.79%
#5	APPLE INC (AAPL) - 4.50%	VERIZON COMMUNICATIONS INC. 4.522% (n/a) - 3.73%
#6	NVIDIA CORP (NVDA) - 4.45%	EQUINIX, INC. 3.2% (n/a) - 3.67%
#7	EQUINIX INC (EQIX) - 4.29%	WALT DISNEY COMPANY 2.65% (n/a) - 3.57%
#8	MICROSOFT CORP (MSFT) - 3.85%	JPMORGAN CHASE & CO. 4.493% (n/a) - 3.56%
#9	META PLATFORMS INC CLASS A (META) - 3.52%	BOEING CO. 5.15% (n/a) - 3.33%
#10	DIGITAL REALTY TRUST INC (DLR) - 3.33%	ORANGE SA 9% (n/a) - 3.20%
#11	ADOBE INC (ADBE) - 3.24%	AMAZON.COM, INC. 1.5% (n/a) - 3.18%
#12	ELECTRONIC ARTS INC (EA) - 2.76%	GOLDMAN SACHS GROUP, INC. 1.992% (n/a) - 3.14%
#13	NETEASE INC ORDINARY SHARES (n/a) - 2.72%	ABBVIE INC. 3.2% (n/a) - 3.14%
#14	TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 2.62%	METLIFE INC. 4.55% (n/a) - 3.00%
#15	COREWEAVE INC ORDINARY SHARES CLASS A (CRWV) - 2.55%	NEXTERA ENERGY CAPITAL HOLDINGS INC 2.25% (n/a) - 2.97%
#16	SUPER MICRO COMPUTER INC (SMCI) - 2.02%	CVS HEALTH CORP 4.3% (n/a) - 2.95%
#17	SKYWORKS SOLUTIONS INC (SWKS) - 1.97%	B.A.T. CAPITAL CORPORATION 3.557% (n/a) - 2.92%
#18	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 1.88%	HOME DEPOT INC. 5.875% (n/a) - 2.88%
#19	REDDIT INC CLASS A SHARES (RDDT) - 1.86%	COCA-COLA CO (THE) 1.375% (n/a) - 2.84%
#20	n/a (n/a) - 1.83%	CHEVRON CORP. 2.236% (n/a) - 2.73%
#21	DASSAULT SYSTEMES SE (n/a) - 1.82%	BROADCOM INC 5.2% (n/a) - 2.73%
#22	NAVER CORP (n/a) - 1.75%	ORACLE CORP. 5.375% (n/a) - 2.65%
#23	PTC INC (PTC) - 1.69%	SHELL INTERNATIONAL FINANCE B.V. 6.375% (n/a) - 2.64%
#24	CIRRUS LOGIC INC (CRUS) - 1.63%	APPLE INC. 3.35% (n/a) - 2.64%
#25	UNITY SOFTWARE INC ORDINARY SHARES (U) - 1.61%	PACIFIC GAS AND ELECTRIC COMPANY 4.55% (n/a) - 2.63%
Total Holdings	62	35

FMET vs GLDB - Historical Returns

Returns include dividend reinvestment.

Period	FMET	GLDB
1 month	+1.75%	-13.57%
3 months	+14.60%	-14.75%
6 months	+2.97%	-10.12%
1 year	+19.68%	N/A
5 years(CAGR)	+11.74%	N/A
Max(CAGR)	+11.74%	-24.94%

Winner

FMET

+1.75%

GLDB

-13.57%

Winner

FMET

+14.60%

GLDB

-14.75%

Winner

FMET

+2.97%

GLDB

-10.12%

FMET

+19.68%

GLDB

N/A

5Y(CAGR)

FMET

+11.74%

GLDB

N/A

Max(CAGR)

Winner

FMET

+11.74%

GLDB

-24.94%

FMET vs GLDB - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	FMET	GLDB
2026	+3.42%	-14.86%
2025	+22.17%	-3.51%
2024	+9.02%	N/A
2023	+40.85%	N/A
2022	-16.56%	N/A

FMET vs GLDB Drawdown Comparison

The maximum drawdown for FMET was -29.22%, occurring on Nov 3, 2022. Recovery took 267 trading sessions.

The maximum drawdown for GLDB was -30.83%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current FMET drawdown is -6.21%. The current GLDB drawdown is -30.83%.

Rank	FMET	GLDB
#1	-29.22% May 4, 2022 - May 26, 2023	-30.83% Jan 28, 2026 - Jun 5, 2026
#2	-25.02% Feb 20, 2025 - Jun 12, 2025	-11.88% Oct 24, 2025 - Dec 26, 2025
#3	-23.00% Oct 27, 2025 - May 28, 2026	-4.64% Dec 26, 2025 - Jan 5, 2026
#4	-16.20% Jul 31, 2023 - Dec 13, 2023	-2.47% Jan 6, 2026 - Jan 12, 2026
#5	-15.22% Jul 10, 2024 - Feb 10, 2025	-2.46% Jan 14, 2026 - Jan 23, 2026
#6	-10.43% Mar 12, 2024 - May 15, 2024	N/A
#7	-6.21% Jun 2, 2026 - Jun 5, 2026	N/A
#8	-5.46% Apr 21, 2022 - May 4, 2022	N/A
#9	-5.17% Dec 28, 2023 - Jan 25, 2024	N/A
#10	-5.02% Feb 15, 2024 - Mar 12, 2024	N/A
#11	-4.90% Jun 16, 2023 - Jul 12, 2023	N/A
#12	-4.64% Oct 8, 2025 - Oct 27, 2025	N/A
#13	-3.56% Aug 13, 2025 - Sep 8, 2025	N/A
#14	-3.40% Jul 13, 2023 - Jul 31, 2023	N/A
#15	-2.88% May 20, 2024 - Jun 12, 2024	N/A