Are these the best Metaverse ETFs to watch in 2025?
The Metaverse is commonly regarded as the successor or the next iteration of the internet. It is envisioned as a 3D universal virtual reality world which anyone can access using a VR headset, for the purpose of social connection.
What is a Metaverse ETF?
ETFs are an exchange-traded product that allows investors the ability to purchase shares in a portfolio of assets at a lower cost compared to buying individual stocks.
Metaverse ETFs are thematic ETFs that offer investors exposure specifically to companies involved in building and developing the Metaverse. By being exchange-traded, ETFs also provide market opportunities for traders to buy and sell ETFs whenever they wish.
💡Find out more: Which Thematic ETFs are right for you?→
Watch this Metaverse ETF list
ETF Name | Ticker | Share Price | 1Y Return | AUM | Expense Ratio |
|---|---|---|---|---|---|
Roundhill Ball Metaverse ETF | US$14.83 | +20.86% | US$316.56m | 0.59% | |
Fidelity Metaverse ETF | US$31.32 | +7.33% | US$33.13m | 0.40% | |
iShares Future Metaverse Tech and Communications ETF | US$34.45 | +4.26% | US$6.89m | 0.47% | |
ProShares Metaverse ETF | US$52.68 | +25.93% | US$6.35m | 0.58% | |
First Trust Indxx Metaverse ETF | US$41.15 | +17.62% | US$4.11m | 0.70% |
Data as of 27 February 2025. Source: Stake, Google Finance.
*The list of metaverse ETFs mentioned is ranked by assets under management. When deciding what exchange-traded funds to feature, we analyse the financials, recent news, and whether or not they are available on Stake.
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1. Roundhill Ball Metaverse ETF ($METV)
The Roundhill Ball Metaverse ETF was designed to closely track the Ball Metaverse Index, which follows companies actively involved in developing the Metaverse and those who will benefit from its generated revenues and profits.
Currently, the largest Metaverse ETF in terms of market cap, the fund invests in a range of international stocks across several financial markets (e.g. NYSE, SEHK, JP).
The largest holdings in the METV ETF are Roblox (7.91%), Apple (7.70%), CI Galaxy Ethereum ETF (4.65%), Meta (5.99%) and NVIDIA (4.42%).
Launched by Roundhill Investments in June 2021, this ETF was actually the first Metaverse ETF to be launched. Return on investment is -1.26% as of December 2024.[1]
The fund's ticker symbol was originally 'META', but effective market open 31 January 2022 was changed to 'METV'.
🆚 Compare METV vs FMET stock comparison→
2. Fidelity Metaverse ETF ($FMET)
Like the Ball Metaverse ETF, the Fidelity Metaverse ETF tracks a metaverse index—however, this one was created by Fidelity itself. The underlying index tracks the performance of global companies in the metaverse space – specifically those that develop, manufacture, distribute or sell products related to establishing the metaverse.
The FMET ETF itself, however, only invests 80% of its assets in metaverse stocks. The remaining 20% of the fund is invested in depositary receipts belonging to the same stocks.
The top 5 holdings in this metaverse ETF are Alphabet (5.36%), Meta (5.14%), Qualcomm ($4.89%), Apple (4.41%) and Samsung Electronics (4.31%).
Since the fund's inception in April 2022, it has returned 7.90% so far.
3. iShares Future Metaverse Tech and Communications ETF ($IVRS)
The iShares Future Metaverse Tech and Communications ETF ($IVRS) is an exchange-traded fund designed to provide exposure to companies involved in the development and growth of the metaverse.
Since its launch in February 2023, the fund has outperformed its benchmark slightly though it remains a relatively new ETF with limited historical data.
It tracks the Morningstar Global Metaverse & Virtual Interaction Select Index – a rules-based index designed to adapt to the evolving metaverse landscape. It provides exposure to both U.S. and non-US companies in Asia, Japan and the Eurozone involved in technology, gaming, AR/VR, and digital assets.
The top 5 holdings in this metaverse ETF are Meta (6.69%), Kuaishou Technology (5.58%), Take Two Interactive Software (5.05%), Dassault Systems (5.04%) and Roblox (4.90%).
As of Dec 2024, the Metaverse ETF has returned 18.46% since its inception in February 2023.
4. Proshares Metaverse ETF ($VERS)
The ProShares Metaverse ETF is another relatively new exchange-traded fund that provides investors exposure to companies involved in developing and shaping the metaverse. Launched only in March 2022, it tracks the Solactive Metaverse Theme Index, providing investors exposure to companies engaged in device manufacturing, data processing, social media, gaming and digital interaction platforms.
More than 60% of the index focuses on mid and small-cap players creating new technologies.
As of December 2024, the top holdings of this new ETF included FuboTV (7.96%), Himax Technologies (6.09%), Meta (4.73%), Qualcomm (4.42%) and Microvision (4.35%).
Since inception, it has returned 11.92% and a more impressive 34.28% in the last year alone. However, investors should note that it's a relatively new fund with modest assets under management, which may carry higher risks compared to more established ETFs.
5. First Trust Indxx Metaverse ETF ($ARVR)
The First Trust Indxx Metaverse ETF is an exchange-traded fund established shortly after ProShares Metaverse ETF, also investing in companies that build products and services for metaverse infrastructure and applications.
It tracks the Indxx Metaverse Index, which focuses on five sub-themes: IP & Contents, Platforms, Payment, Optics & Display, and Network. Companies in this index need to have between US$200m and US$160m to be included in the index and be primarily listed in developed or emerging markets excluding India and Russia.
As of December 2024, the top holdings of this ETF included Xiaomi (3.97%), Intel (3.81%), Tencent (3.71%), Nintendo (3.67%) and Sony (3.37%).
Since its inception in April 2022, the fund has returned 9.89%.
What are the largest companies tied to the Metaverse?
Behemoths in the tech industry, including Meta Platforms, Microsoft, Google, Tencent, and Nvidia are those most invested in furthering metaverse technology.
Google, for example, has put in funds for the development of virtual reality. Meta already has virtual reality technology in its Oculus headset, and is exploring further development for virtual worlds. Similarly, Tencent has an internal division focused on metaverse technology for gaming.
Meanwhile, Nvidia has developed the Omniverse platform, which bridges the gap between broad metaverse platforms and industrial metaverse applications.
Aside from established corporations, smaller, innovative companies such as Roblox and Sea Limited are also players in the industry.
Roblox is one of the few virtual platforms being created, and it already has over 50 million daily users. Sea Limited ($SE) on the other hand, dominates Southeast Asia and is working towards becoming one of the largest gaming, e-commerce, and payments platforms on the metaverse. Additionally, there are several other companies listed in the Asian and European exchanges that also contribute heavily to the industry.
🤖 Related: What are the best AI ETFs to invest in?→
What are the advantages of investing in Metaverse ETFs?
Explore some of the pros and cons of investing in an ETF with exposure to the Metaverse:
Advantages | Disadvantages |
|---|---|
Investing early in relatively niche technology with high growth potential (think Amazon's early days) | Metaverse ETFs can be more volatile than broader market ETFs due to their concentrated exposure to a theme |
Metaverse ETFs offer exposure to a diversified portfolio of stocks without requiring heavy research | Hard to increase exposure to select stocks because allocation decisions lie with ETF managers |
Some of the risk is offset because funds are managed by professional asset managers | High management fees associated with professionally managed funds |
Metaverse ETFs FAQs
While the metaverse is an exciting and upcoming industry, investment decisions must be heavily substantiated with market analysis before investors jump in. Only certified professionals are able to offer investment advice, especially regarding buying financial instruments. To decide on whether metaverse ETFs would be a good investment for your circumstances, it might be worth consulting with them.
With regard to the industry, however, it is a fact that metaverse technology is evolving quickly, and some institutional investors have already added metaverse shares into their holdings. Additionally, other ETFs related to the metaverse also exist, such as information technology ETFs, cryptocurrency ETFs and cybersecurity ETFs – providing investors some exposure to the metaverse even if they aren't comfortable investing in it directly.
The exchange-traded products mentioned above are across U.S. ETFs and Australian ETFs, providing you with a choice of what market you want to invest in.
As mentioned, it is generally large tech companies involved with the metaverse, as research and development requires a significant amount of capital invested. However, companies in the interactive media, home entertainment, software, semiconductors, crypto market, and even internet marketing are considered to be related to the metaverse.
Like every financial investment, there are risks associated with seeking a return higher than your traditional savings account. Given that the metaverse is a new and still-developing industry, the risks it exposes investors to would be significantly higher than investing in established industries.
The greatest risk to investors who choose to buy metaverse ETFs and stocks is if the metaverse fails to substantiate, and the capital invested into its development just gets written off.
This does not constitute financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking appropriate financial or taxation advice before investing.
This article was edited by Samy Sriram - Markets Writer at Stake.
Disclaimer
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