ARVR
First Trust Indxx Metaverse ETF
ARVR tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 5.8 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Inception date | Apr 19, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NEXON CO LTD | 4.3 % |
| UNITY SOFTWARE, INC. | 4.1 % |
| MICROSOFT CORP | 4.0 % |
| NINTENDO CO LTD | 3.8 % |
| ADOBE SYSTEMS INC | 3.7 % |
| SONY CORP | 3.5 % |
| NVIDIA CORP | 3.5 % |
| XIAOMI CORP. CLASS B | 3.5 % |
| ZOOM VIDEO COMMUNICATIONS, INC. CLASS A | 3.4 % |
| NETFLIX INC | 3.2 % |
Constituent Breakdown
| Number of holdings | 44 |
| Herfindahl-Hirschman Index | 286 |
| Wgt avg mkt cap (mns) | $637,465 |
| Large cap (>$10bn) | 81.3% |
| Mid cap ($2-10bn) | 11.5% |
| Small cap (<$2bn) | 7.0% |
| Developed mkts. | 79.1% |
| Emerging mkts. | 20.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 58.4 % |
 |
JAPAN | 18.6 % |
 |
CHINA | 10.5 % |
 |
TAIWAN | 6.4 % |
 |
SOUTH KOREA | 3.7 % |
 |
SWITZERLAND | 2.2 % |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.8% | 19.7% | 24.6% | 23.0% | -- | -- | -- | 16.4% |
| Dividend Yield | 0.2% | 0.9% | 0.9% | 0.6% | -- | -- | -- | 0.5% |
| Total Returns | 17.0% | 20.5% | 25.5% | 23.6% | -- | -- | -- | 16.9% | Ann. Volatility | 24.2% | 22.3% | 22.4% | 21.3% | -- | -- | -- | 23.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.44 | 67% |
| MSCI EAFE | 1.01 | 49% |
| MSCI Emg Mkts | 0.73 | 65% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.90% |
Technical Indicators
| 30d moving avg. (EMA) | $55.62 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.57/0.25 |
| Bollinger Bands (Upper/Lower) | $58.17/$52.15 |
| Short interest (% of AUM) | 0.7% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ARVR |
Expenses vs. ARVR |
ALTAR Score™ vs. ARVR |
|---|---|---|---|---|
| FMET | Fidelity Metaverse ETF | 40.7% | -31 bp | +1.2% |
| METV | Roundhill Ball Metaverse ETF | 39.7% | -11 bp | +4.2% |
| XNTK | State Street SPDR NYSE Technology ETF | 32.1% | -35 bp | -0.7% |
| GAMR | Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T | 31.8% | +5 bp | +0.3% |
| GGME | Invesco Next Gen Media and Gaming ETF | 31.8% | -10 bp | +1.7% |
| AIQ | Global X Artificial Intelligence & Technology ETF | 31.8% | -2 bp | -0.3% |
| BNGE | First Trust S-Network Streaming and Gaming ETF | 29.2% | 0 bp | +0.2% |
| AIX | Defiance US 100 Tech AI Moat ETF | 29.0% | -5 bp | +0.5% |
| NYSX | Global X NYSE 100 ETF | 28.2% | -61 bp | +0.1% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 27.7% | -30 bp | -0.6% |
Risk and Returns: ARVR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/6/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.7%
ALTAR SCORE™
41st
PERCENTILE
NEUTRAL
ETFRC RATING
There are 734 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. ARVR's ALTAR Score™ is approximately -0.2 standard
deviations above the category average. This places ARVR in the 41st percentile
among funds in the category.
Sell-Side Consensus
$67.1
PRICE TARGET
+16.3%
UPSIDE
Bid/Ask Spreads
90 bp
AVG SPREAD
50 —
204 bp
RANGE