METV

Roundhill Ball Metaverse ETF

METV is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet Metaverse. Stocks are selected by a committee and weighted in tiers.


Rules-Based, Concentrated

MANAGEMENT MATRIX

FMET

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorRoundhill Investments
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateJun 30, 2021
Assets (mns)$427
Expense ratio59 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsAnnually
Taxation1099
Stock selectionCommittee
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
APPLE INC 7.9 %
ROBLOX CORP. CLASS A 7.0 %
META PLATFORMS INC 6.1 %
NVIDIA CORP 5.7 %
UNITY SOFTWARE, INC. 4.7 %
MICROSOFT CORP 4.2 %
ALPHABET INC. CLASS A 3.6 %
QUALCOMM INC 3.6 %
SONY CORP 3.6 %
AUTODESK INC 3.4 %
Constituent Breakdown
Number of holdings37
Herfindahl-Hirschman Index 381
Wgt avg mkt cap (mns)$810,405
Large cap (>$10bn)94.1%
Mid cap ($2-10bn)2.7%
Small cap (<$2bn)3.1%
Developed mkts.82.7%
Emerging mkts.17.4%
Country Exposure
UNITED STATES 69.8 %
CHINA 8.5 %
JAPAN 6.9 %
SOUTH KOREA 5.8 %
TAIWAN 3.2 %
SINGAPORE 2.0 %
BRITAIN 1.9 %
NETHERLANDS 1.6 %
Historical Performance


Standardized Annual Returns (as of 02/29/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
0.0% 37.4% -2.3% -- -- -- -8.8%
Market Correlations
versus...BetaR-squared
S&P 5001.4570%
MSCI EAFE1.2851%
MSCI Emg Mkts1.2046%
Liquidity Measures
Avg. volume (000)236
Turnover0.7%
Avg. Bid/Ask (% of price)0.10%
ADV of underlying (mns)$142,341
Technical Indicators
Recent close$12.43
30d moving avg.$10.60
Annualized volatility32.9%
Relative strength (RSI)82
Short interest (ETF)0.2%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: METV 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
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
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 --%
3.0 29.2 3.1 0.5% --
Based on closing prices from 3/28/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
METV



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 Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

METV

3.7%

Cat. Avg

3.6%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™3.7%
Recommendation

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

Category Overview
There are 340 funds in the Global Equities category, with an average ALTAR Score™ of 3.6% and a standard deviation of 4.7%. METV's ALTAR Score™ is approximately 0.0 standard deviations above the category average. This places METV in the 50th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
METV
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

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Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
METV 59.0 10.1 69.1
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .
Fundamental data for individual fund constituents sourced from FactSet Research Systems.