METV

Roundhill Ball Metaverse ETF

$19.29
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Roundhill Ball Metaverse ETF (METV) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Ball Metaverse Index, which is designed to track the performance of companies that are positioned to benefit from the growth of the metaverse.

Overview

ETF tracking Roundhill Ball Metaverse ETF

Category Other
Issuer Other
Inception Date 2021-06-30
Market Cap $306.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $11.59 - $21.27
VWAP $19.29

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Roundhill Ball Metaverse ETF (METV) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Ball Metaverse Index, which is designed to track the performance of companies that are positioned to benefit from the growth of the metaverse.

🎯 Investment Strategy

The ETF invests in a portfolio of companies involved in the development of the metaverse, including those engaged in virtual reality, augmented reality, artificial intelligence, blockchain, and other relevant technologies. The fund seeks to replicate the performance of the underlying index by holding the same securities in similar weightings.

✨ Key Features

  • Provides exposure to a diversified portfolio of companies involved in the metaverse ecosystem
  • Tracks the Ball Metaverse Index, which is designed to capture the growth potential of the metaverse
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry or theme
  • Volatility risk as the metaverse and related technologies are still emerging and may be subject to significant price swings
  • Liquidity risk due to the fund's relatively small size and trading volume
  • Regulatory risk as the metaverse and associated technologies may be subject to evolving government policies and regulations

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to the potential growth of the metaverse and are willing to accept the higher level of risk and volatility associated with a thematic, technology-focused investment.