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The Roundhill Ball Metaverse ETF (METV) is a popular choice for investors looking to gain exposure to the metaverse industry. With the metaverse expected to transform how we use the internet, investing in the right funds and stocks is crucial. Roundhill's ETF offers a diverse portfolio of over 40 positions across various industries, including hardware, software, and infrastructure. The fund's ticker symbol changed from META to METV in January 2022, and it is passively managed, tracking the Ball Metaverse Index. As of August 7, 2024, the expense ratio was 0.75%, similar to other actively managed ETFs.
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Roundhill Ball Metaverse ETF (METV)
The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund (ETF) that offers exposure to the metaverse industry, which is expected to revolutionise how we use the internet. The fund's ticker symbol was changed from "META" to "METV" on January 31, 2022, and it began trading on June 30, 2021. METV is the world's largest metaverse fund, aiming to track the performance of the Ball Metaverse Index.
The fund's expense ratio is 0.59% per year, and it is passively managed, meaning it is designed to replicate the performance of the underlying index. The dividends are reinvested in the fund, leading to an increase in the share price. As of August 7, 2024, the fund's total assets under management (AUM) have increased significantly due to the recent excitement surrounding the metaverse.
METV holds 40+ positions across various industries, including hardware, software, infrastructure, and payments, reflecting the diverse technologies required to build the metaverse. The top 10 positions constitute roughly 59% of the total portfolio and include semiconductor companies like Nvidia and Qualcomm, which create chips for data centres, gaming, and virtual reality headsets.
The Ball Metaverse Index, which METV tracks, includes companies from the following categories:
- Compute: Firms providing computing power for the metaverse.
- Networking: Entities offering real-time connections, high bandwidth, and data services.
- Virtual Platforms: Businesses creating immersive digital environments.
- Interchange Standards: Organisations developing tools, protocols, and engines for interoperability.
- Payments: Support for digital payment processes and operations.
- Content, Assets, and Identity Services: Management of digital assets, such as virtual goods and currencies.
- Hardware: Sale and support of physical devices used to access and interact with the metaverse.
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The world's largest metaverse fund
The Roundhill Ball Metaverse ETF (METV) is the world's largest metaverse fund. It offers investors exposure to the metaverse, which is expected to transform how we use the internet.
The Roundhill Ball Metaverse ETF is an exchange-traded fund (ETF) that allows investors to gain exposure to stocks in the metaverse industry. The fund's ticker symbol was changed from "META" to "METV" on January 31, 2022, and it began trading on June 30, 2021. As of November 2024, the fund's gross expense ratio is 0.59% per year.
The fund seeks to track the performance of the Ball Metaverse Index, which consists of companies that are actively involved in the metaverse. This includes companies enabling computing power, networking, virtual platforms, interchange standards, payments, content, assets, identity services, and hardware for the metaverse.
Roundhill believes that the metaverse will become the successor of the current internet, creating an immersive experience that spans the virtual and real worlds. The metaverse's economic reach is expected to generate up to $5 trillion in impact by 2030. Additionally, user engagement and adoption are steadily increasing, with consistent high levels of user activity on virtual platforms and growing shipments of VR/AR headsets.
To invest in the Roundhill Ball Metaverse ETF, you can follow these steps:
- Sign up for a brokerage account: You can choose from a variety of registered brokerages and contact them directly to open an account.
- Add funds to your brokerage account: Fund your account using one of the available methods, such as linking a bank account or making a deposit.
- Purchase the ETF: Use your preferred trading platform to navigate to the METV stock and place your buy order.
Please note that investing involves risks, and you should carefully consider your investment objectives, level of experience, and risk appetite before investing. It is always recommended to consult with a financial advisor or investment professional for personalized advice.
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Top 10 positions make up 59% of the total portfolio
The Roundhill Ball Metaverse ETF (METV) is an attractive option for investors looking to gain exposure to the metaverse industry. With a basket of 40+ metaverse stocks across various industries, it offers a diverse investment portfolio. Notably, the top 10 positions in the ETF make up 59% of the total portfolio. This concentration includes semiconductor companies like Nvidia and Qualcomm, which are crucial for various metaverse technologies. The recent excitement around the metaverse has resulted in a significant increase in Roundhill ETF's total assets under management, making it an appealing investment opportunity.
When considering the top 10 positions in the Roundhill Ball Metaverse ETF, it's important to understand the companies involved and their contributions to the metaverse. Nvidia and Qualcomm, for example, play a significant role in creating chips used in data centres, gaming, and virtual reality headsets. These semiconductors are essential for the development and functioning of the metaverse. The weight of these top 10 positions in the overall portfolio is an important factor for investors to consider when deciding whether to invest in the Roundhill Ball Metaverse ETF.
The allocation of the remaining 40% of the portfolio is also worth examining. While the top 10 positions hold a significant portion, the remaining investments still play a crucial role in diversifying the portfolio and capturing other aspects of the metaverse industry. These positions may include companies involved in software development, infrastructure, payments, and other solutions necessary for the metaverse. By investing in this ETF, individuals can gain exposure to a carefully curated selection of companies that are driving the development and growth of the metaverse.
It is important to note that the Roundhill Ball Metaverse ETF is not the only option for investing in the metaverse. Other funds, such as the Invesco QQQ ETF (QQQ), offer exposure to innovative companies in the tech space, including Apple, Nvidia, and Microsoft. However, with its specific focus on the metaverse, the Roundhill ETF provides a more targeted approach to investing in this emerging industry.
When considering an investment in the Roundhill Ball Metaverse ETF, it is always advisable to conduct thorough research and due diligence. While the top 10 positions make up a significant portion of the portfolio, it is essential to evaluate each company's individual prospects and performance. Additionally, investors should review the fund's expense ratio, total assets under management, and historical performance to make an informed decision.
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The expense ratio is 0.75%
The expense ratio is an important consideration when investing in any ETF, including the Roundhill Ball Metaverse ETF (METV). The expense ratio of 0.75% for this ETF is relatively standard for actively managed ETFs, similar to those operated by Ark's Investment Funds. This means that for every $10,000 invested, you can expect to pay around $75 in annual fees. While this may not seem like a significant amount, it can add up over time and impact your overall returns.
It is worth noting that the expense ratio for the Roundhill Ball Metaverse ETF is higher than the average expense ratio for ETFs, which is typically around 0.44%. However, it is important to remember that this particular ETF provides exposure to the emerging metaverse industry, which may be more costly to manage due to its specialized nature. As such, investors should consider the potential benefits of gaining access to this industry through the ETF, despite the higher expense ratio.
Compared to other investment options in the metaverse space, the Roundhill Ball Metaverse ETF's expense ratio of 0.75% is quite competitive. For example, the fund's previous expense ratio of 0.59% increased to 0.75% in 2024, which is still lower than the expense ratios of other similar funds, such as the Roundhill Sports Betting & iGaming ETF (BETZ) with a 0.79% expense ratio. This increase in the expense ratio may be due to the increased costs of managing a fund focused on a rapidly growing and evolving industry like the metaverse.
When considering the expense ratio of the Roundhill Ball Metaverse ETF, it is also essential to look at the fund's performance. The ETF has experienced significant growth in total assets under management (AUM) due to the excitement surrounding the metaverse. This indicates that investors are willing to pay the expense ratio to gain exposure to the metaverse industry. As of August 7, 2024, the price of the ETF was $13.14, with a 52-week range of $10.02 - $20.86.
Overall, while the expense ratio of 0.75% for the Roundhill Ball Metaverse ETF is higher than the average ETF expense ratio, it is comparable to other actively managed ETFs and competitive within the metaverse investment space. Investors should carefully consider their investment goals and the potential impact of fees on their returns before deciding whether to invest in this ETF.
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The fund's gross expense ratio is 0.59% per year
The Roundhill Ball Metaverse ETF (METV) is a fund that allows investors to gain exposure to the metaverse, which is expected to revolutionize how we use the internet. The fund's gross expense ratio is an important factor to consider when evaluating investment options.
Compared to other similar investment options, such as other actively managed ETFs like those operated by Ark's Investment Funds, which have an expense ratio of 0.75%, the Roundhill Ball Metaverse ETF is more financially viable. This is because the fund is passively managed, meaning it tracks an index, in this case, the Ball Metaverse Index, rather than being actively managed by fund managers who make frequent trades and decisions.
The 0.59% gross expense ratio is a significant factor in the overall return on investment. While it may seem like a small percentage, it compounds over time and can impact the overall profitability of the investment. Therefore, it is crucial for investors to consider this ratio when deciding whether to invest in the Roundhill Ball Metaverse ETF or other similar investment options.
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Frequently asked questions
The ticker symbol is 'METV'. It was changed from 'META' on January 31, 2022, and the fund began trading on June 30, 2021.
The fund's gross expense ratio is 0.59% per year.
Yes, options trading is available for METV.
No, it is passively managed and designed to track the performance of the Ball Metaverse Index.
The index is reconstituted and rebalanced on a quarterly basis.