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.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
361.3 M
ASSETS UNDER MGMT
59 bp
EXPENSES
Fund Basics
Fund sponsor | Roundhill Investments |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Jun 30, 2021 |
Assets (mns) | $361 |
Expense ratio | 59 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Committee |
Weighting | Tiered |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
CI GALAXY ETHEREUM ETF | 9.4 % |
APPLE INC | 7.7 % |
ROBLOX CORP. CLASS A | 7.5 % |
META PLATFORMS INC | 5.1 % |
NVIDIA CORP | 4.6 % |
UNITY SOFTWARE, INC. | 4.0 % |
SONY CORP | 3.3 % |
CI GALAXY BITCOIN ETF | 3.0 % |
MICROSOFT CORP | 3.0 % |
NINTENDO CO LTD | 3.0 % |
Constituent Breakdown
Number of holdings | 37 |
Herfindahl-Hirschman Index | 404 |
Wgt avg mkt cap (mns) | $694,434 |
Large cap (>$10bn) | 94.5% |
Mid cap ($2-10bn) | 4.5% |
Small cap (<$2bn) | 1.0% |
Developed mkts. | 81.3% |
Emerging mkts. | 18.7% |
Country Exposure
UNITED STATES | 62.7 % | |
CHINA | 7.0 % | |
JAPAN | 6.3 % | |
SOUTH KOREA | 4.2 % | |
TAIWAN | 2.8 % | |
SINGAPORE | 2.2 % | |
BRITAIN | 1.4 % | |
NETHERLANDS | 1.1 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 23.8% | 34.0% | 34.6% | -3.9% | -- | -- | -0.7% | Volatility | 20.8% | 20.3% | 24.9% | 32.5% | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.45 | 70% |
MSCI EAFE | 1.19 | 46% |
MSCI Emg Mkts | 1.18 | 45% |
Liquidity Measures
Avg. volume (000) | 202 |
Turnover | 0.9% |
Avg. Bid/Ask (% of price) | 0.10% |
ADV of underlying (mns) | $78,660 |
Technical Indicators
Recent close | $15.23 |
30d moving avg. | $13.39 |
Annualized volatility | 30.3% |
Relative strength (RSI) | 53 |
Short interest (ETF) | 0.5% |
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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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. METV |
Expenses vs. METV |
ALTAR Score™ vs. METV |
---|---|---|---|---|
FMET | Fidelity Metaverse ETF | 43.9% | -20 bp | +1.9% |
ARVR | First Trust Indxx Metaverse ETF | 42.0% | +11 bp | -2.4% |
IVRS | iShares Future Metaverse Tech and Communications ETF | 39.2% | -12 bp | -7.6% |
GGME | Invesco Next Gen Media and Gaming ETF | 37.1% | +1 bp | -0.7% |
VERS | ProShares Metaverse ETF | 36.4% | -1 bp | -17.0% |
FDCF | Fidelity Disruptive Communications ETF | 32.1% | -9 bp | -0.7% |
SFYF | SoFi Social 50 ETF | 31.6% | -30 bp | -5.2% |
QQQ | Invesco QQQ Trust Series I | 31.3% | -39 bp | +1.2% |
QQQM | Invesco NASDAQ 100 ETF | 31.3% | -44 bp | +1.3% |
BWEB | Bitwise Web3 ETF | 31.0% | +26 bp | -2.5% |
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 | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
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 | --% |
Based on closing prices from 12/12/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
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 Rating
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.
ALTAR Score™
METV
3.1%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. METV's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places METV in the 42nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
METVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based Global Equity ETFs |
# of ETFs | 191 |
Avg. Expense Ratio | 55.4 bp |
Std. Deviation | 17.5 bp |
METV (59 bp) Percentile rank | 59 |
Peer Group Expense Ratio Distribution
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. | 57.1 | 40.1 | 97.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .