OEI vs FMET
Comparison between OPTIMIZED EQUITY INCOME ETF (OEI, ETF) and FIDELITY METAVERSE ETF (FMET, ETF).
OEI vs FMET - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
OEI
$44M
FMET
$44M
Expense Ratio
OEI
0.75%
Winner
FMET
0.39%
Max Drawdown
Winner
OEI
7.89%
FMET
29.30%
Sharpe Ratio
Winner
OEI
1.04
FMET
0.27
5Y Beta
Winner
OEI
0.66
FMET
1.24
P/E Ratio
Winner
OEI
28.25
FMET
44.21
Forward P/E
Winner
OEI
20.67
FMET
21.22
PEG Ratio
Winner
OEI
0.37
FMET
0.66
5Y EPS CAGR
Winner
OEI
26.87%
FMET
22.09%
Debt to Equity
Winner
OEI
20.97%
FMET
479.98%
P/S Ratio
OEI
4.82
Winner
FMET
3.10
P/B Ratio
Winner
OEI
6.07
FMET
6.23
OEI vs FMET - Holdings Comparison
OEI and FMET have 9 common holdings. Overlap is 20.86%
OEI's top 25 holdings weight is 61.67%. FMET's top 25 holdings weight is 84.57%.
| Rank | OEI | FMET |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 8.07% | n/a (n/a) - 6.66% |
| #2 | MICROSOFT CORP (MSFT) - 4.96% | APPLE INC (AAPL) - 4.82% |
| #3 | APPLE INC (AAPL) - 4.26% | ADVANCED MICRO DEVICES INC (AMD) - 4.81% |
| #4 | AMAZON.COM INC (AMZN) - 4.09% | ALPHABET INC CLASS A (GOOGL) - 4.70% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.55% | META PLATFORMS INC CLASS A (META) - 4.52% |
| #6 | MICRON TECHNOLOGY INC (MU) - 2.90% | EQUINIX INC (EQIX) - 4.48% |
| #7 | BROADCOM INC (AVGO) - 2.87% | MICROSOFT CORP (MSFT) - 4.44% |
| #8 | ALPHABET INC CLASS C (GOOG) - 2.81% | NVIDIA CORP (NVDA) - 4.33% |
| #9 | META PLATFORMS INC CLASS A (META) - 2.38% | ADOBE INC (ADBE) - 4.12% |
| #10 | JOHNSON & JOHNSON (JNJ) - 2.17% | TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 3.56% |
| #11 | ELI LILLY AND CO (LLY) - 1.91% | QUALCOMM INC (QCOM) - 3.53% |
| #12 | TESLA INC (TSLA) - 1.87% | DIGITAL REALTY TRUST INC (DLR) - 3.44% |
| #13 | EXXON MOBIL CORP (XOM) - 1.87% | ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 3.43% |
| #14 | BOOKING HOLDINGS INC (BKNG) - 1.76% | ELECTRONIC ARTS INC (EA) - 3.33% |
| #15 | ADVANCED MICRO DEVICES INC (AMD) - 1.68% | MONOLITHIC POWER SYSTEMS INC (MPWR) - 3.32% |
| #16 | INTEL CORP (INTC) - 1.62% | NETEASE INC ORDINARY SHARES (n/a) - 3.29% |
| #17 | ABBVIE INC (ABBV) - 1.58% | REDDIT INC CLASS A SHARES (RDDT) - 2.61% |
| #18 | JPMORGAN CHASE & CO (JPM) - 1.57% | BAIDU INC (n/a) - 2.53% |
| #19 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.56% | COREWEAVE INC ORDINARY SHARES CLASS A (CRWV) - 1.95% |
| #20 | CISCO SYSTEMS INC (CSCO) - 1.47% | PINTEREST INC CLASS A (PINS) - 1.93% |
| #21 | MASTERCARD INC CLASS A (MA) - 1.44% | PTC INC (PTC) - 1.90% |
| #22 | GE AEROSPACE (GE) - 1.42% | DASSAULT SYSTEMES SE (n/a) - 1.87% |
| #23 | BANK OF AMERICA CORP (BAC) - 1.32% | NAVER CORP (n/a) - 1.85% |
| #24 | OTHER ASSETS AND LIABILITIES (n/a) - 1.29% | UNITY SOFTWARE INC ORDINARY SHARES (U) - 1.70% |
| #25 | GE VERNOVA INC (GEV) - 1.25% | SKYWORKS SOLUTIONS INC (SWKS) - 1.45% |
| Total Holdings | 105 | 62 |
OEI vs FMET - Historical Returns
Returns include dividend reinvestment.
1M
Winner
OEI
+1.88%
FMET
+0.03%
3M
OEI
+5.04%
Winner
FMET
+5.28%
6M
Winner
OEI
+5.07%
FMET
+4.45%
1Y
OEI
N/A
FMET
+6.87%
5Y(CAGR)
OEI
N/A
FMET
+11.10%
Max(CAGR)
Winner
OEI
+14.04%
FMET
+11.10%
OEI vs FMET - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | OEI | FMET |
|---|---|---|
| 2026 | +5.94% | +2.33% |
| 2025 | +4.08% | +22.17% |
| 2024 | N/A | +9.02% |
| 2023 | N/A | +40.85% |
| 2022 | N/A | -16.56% |
OEI vs FMET Drawdown Comparison
The maximum drawdown for OEI was -6.48%, occurring on Mar 30, 2026. Recovery took 57 trading sessions.
The maximum drawdown for FMET was -29.22%, occurring on Nov 3, 2022. Recovery took 267 trading sessions.
The current FMET drawdown is -7.19%.
| Rank | OEI | FMET |
|---|---|---|
| #1 | -6.48% Feb 2, 2026 - Apr 24, 2026 | -29.22% May 4, 2022 - May 26, 2023 |
| #2 | -3.50% Nov 12, 2025 - Dec 3, 2025 | -25.02% Feb 20, 2025 - Jun 12, 2025 |
| #3 | -2.79% May 29, 2026 - Jul 6, 2026 | -23.00% Oct 27, 2025 - May 28, 2026 |
| #4 | -1.84% Dec 11, 2025 - Dec 22, 2025 | -16.20% Jul 31, 2023 - Dec 13, 2023 |
| #5 | -1.61% Oct 29, 2025 - Nov 12, 2025 | -15.22% Jul 10, 2024 - Feb 10, 2025 |
| #6 | -1.31% Jan 12, 2026 - Jan 26, 2026 | -11.48% Jun 2, 2026 - Jun 25, 2026 |
| #7 | -0.89% Jul 6, 2026 - Jul 21, 2026 | -10.43% Mar 12, 2024 - May 15, 2024 |
| #8 | -0.66% May 6, 2026 - May 20, 2026 | -5.46% Apr 21, 2022 - May 4, 2022 |
| #9 | -0.65% Dec 24, 2025 - Jan 5, 2026 | -5.17% Dec 28, 2023 - Jan 25, 2024 |
| #10 | -0.38% Apr 27, 2026 - Apr 30, 2026 | -5.02% Feb 15, 2024 - Mar 12, 2024 |
| #11 | -0.30% Jan 6, 2026 - Jan 9, 2026 | -4.90% Jun 16, 2023 - Jul 12, 2023 |
| #12 | -0.30% May 1, 2026 - May 6, 2026 | -4.64% Oct 8, 2025 - Oct 27, 2025 |
| #13 | -0.16% Dec 5, 2025 - Dec 10, 2025 | -3.56% Aug 13, 2025 - Sep 8, 2025 |
| #14 | -0.11% Dec 3, 2025 - Dec 5, 2025 | -3.40% Jul 13, 2023 - Jul 31, 2023 |
| #15 | -0.00% Jan 27, 2026 - Jan 29, 2026 | -2.88% May 20, 2024 - Jun 12, 2024 |
Correlation
Correlation between OEI and FMET is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.54
-101
Dividend Comparison (2022 - 2026)
OEI vs FMET dividend yield comparison.
| Year | OEI | FMET |
|---|---|---|
| 2026 | 4.60% | 0.33% |
| 2025 | 1.35% | 0.81% |
| 2024 | 0.00% | 0.44% |
| 2023 | 0.00% | 0.40% |
| 2022 | 0.00% | 0.18% |
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