Key stats
About Roundhill Ball Metaverse ETF
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Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Roundhill Financial, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US53656F4173
METV holds equities, selected by a committee composed of subject matter experts, which fall under their definition of Metaverse the next iteration of the internet. To identify companies that interact with or enable the Metaverse, the committee uses information such as patent filings, third-party usage data and metrics, scientific and technology updates, executive presentations, and consumer interviews. There are seven categories: hardware, compute, networking, virtual platforms, interchange standards, payments, and content, assets & identity services. Allocation per category is capped at 25%. The index is tier-weighted into pure-play, core, and non-core companies. Pure-plays are overweighted with 2.5x of the core component's initial weight, while core firms receive 2x the initial weight of the non-core component. Weights are adjusted by the holdings count in each category during quarterly rebalancing. Prior to Jan. 31, 2022, the fund traded under the ticker META.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
ETF
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
METV assets under management is 322.24 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
METV invests in stocks. See more details in our Analysis section.
METV expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, METV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
METV shares are issued by Roundhill Financial, Inc.
METV follows the Ball Metaverse Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 30, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.