META has doubled over the past three months and these ETFs are flying alongside
Kelly Sullivan

Meta Platforms (NASDAQ:META) has returned 100% over the past three months thanks to a fourth quarter rally and a further step higher prompted by its latest earnings report. As a result of the rally, a group of exchange traded funds with heavy weighting towards the Facebook parent have also tracked higher along the way.
Since the start of November, shares of the Mark Zuckerberg-led company gained triple-digit percentage returns as the stock climbed from $94.33 to its current $188.72.
Meanwhile, the recent three-month surge has been a catalyst to 331 different exchange traded funds that hold positions in the metaverse player. As part of this, the top five holders all noticed moves of 14%+ over the past few months.
Here are the top five ETF holders of Meta Platforms:

Communication Services Select Sector SPDR Fund (NYSEARCA:XLC), 19.68% weighting
Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM), 13.02% weighting
Global X Social Media ETF (NASDAQ:SOCL), 11.22% weighting
Invesco NASDAQ Internet ETF (PNQI), 10.72% weighting
Vanguard Communication Services ETF (VOX), 10.43% weighting

Dating back to Nov. 1, and ONLN experienced a +18% move, FCOM jumped 14.2%, whereas SOCL soared 46.5%. PNQI picked up 18.8% and VOX gained 14.5%.
Moreover, the gains by these ETFs and META all surpassed the returns of the benchmark S&P 500 (SP500) and its mirroring ETFs (SPY) (IVV) (VOO) by a sizable amount, as they gained roughly 6.5% over the same period.
Looking at Monday's intraday trading, the major averages traded mixed on Tuesday as investors wait to hear from Fed chief Jerome Powell.