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About First Trust Indxx Metaverse ETF
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Inception date
Apr 19, 2022
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
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33734X7628
ARVR targets companies that are associated with the Metaverse, which is predicted to be important to business economic viability in the future. The fund selects common stocks or depositary receipts involved in developing the virtual-reality space, such as AI and 3D technologies, where users can interconnect with computer-simulated environments. The fund considers companies with at least 50% of revenues engaged in business activities linked to five sub-themes: IP & Contents, Platforms, Payment, Optics & Display, and Semiconductor, Hardware & 5G. The final 50 companies are selected by market-cap. The portfolio is weighted using three revenue thresholds, tilting toward those with higher revenue tied to the theme. Companies with a market-cap less than $10 billion have their weightings cut in half. Securities at each level are weighted equally and capped at 2%. The index committee has full discretion to edit the portfolio. The index is rebalanced quarterly and reconstituted semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.89%
Technology Services52.08%
Electronic Technology43.49%
Consumer Durables3.33%
Health Services1.00%
Bonds, Cash & Other0.11%
Cash0.11%
Stock breakdown by region
North America59.53%
Asia37.18%
Europe3.29%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ARVR invests in stocks. The fund's major sectors are Technology Services, with 52.08% stocks, and Electronic Technology, with 43.49% of the basket. The assets are mostly located in the North America region.
ARVR top holdings are Micron Technology, Inc. and Roblox Corp. Class A, occupying 3.65% and 3.63% of the portfolio correspondingly.
ARVR last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 91.53% increase.
ARVR assets under management is 2.42 M USD. It's risen 1.05% over the last month.
ARVR fund flows account for −1.94 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ARVR pays dividends to its holders with the dividend yield of 0.58%. The last dividend (Dec 31, 2024) amounted to 0.28 USD. The dividends are paid quarterly.
ARVR shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 19, 2022, and its management style is Passive.
ARVR expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
ARVR follows the Indxx Metaverse Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ARVR invests in stocks.
ARVR price has risen by 1.37% over the last month, and its yearly performance shows a 36.32% increase. See more dynamics on ARVR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.26% over the last month, showed a 10.46% increase in three-month performance and has increased by 37.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.26% over the last month, showed a 10.46% increase in three-month performance and has increased by 37.78% in a year.
ARVR trades at a premium (0.39%) meaning the ETF is trading at a higher price than the calculated NAV.