Top 10 Best Metaverse ETF [2023]
The best metaverse ETF is a very good investment plan for someone who really knows what it is about and how much it would cost him to secure it.
With the metaverse being expanded with various good projects, it will be difficult for one to keep up with them.
But all this can be easily resolved with expert thought-off content because such content will guide you by the hand into every detail that needs to be put out for you.
And this is where this article comes in. By the end of this article, you will be knowledgeable about the best metaverse ETF.
What is metaverse ETF
Before looking at the best metaverse ETF, it would be in your best interest to first see what a metaverse ETF is.
A metaverse ETF is a stock market-traded exchange-traded fund that you can buy and sell. They provide investors with exposure to a diverse group of companies involved in all aspects of this emerging industry.
From pure-play companies to large-cap tech companies adapting to the metaverse, there’s something for everyone. Like any other stock, you can purchase ETF shares through a stock broker.
Each fund is created to replicate the performance of a specific index or industry. A metaverse ETF tracks the price of one or more digital tokens, rather than an index or a basket of assets, as most ETFs do.
It is also worthwhile to note that ETFs’ share prices fluctuate on a daily basis based on investor sales and purchases. They, too, are traded on a daily basis, just like common stocks.
The goal of these ETFs is to allow retail investors and those who are hesitant to invest in cryptocurrencies to gain exposure to them without actually owning them.
Are metaverse ETFs a good investment?
They’re a fantastic way to save money for the future. By 2028, the metaverse industry is expected to be worth more than $500 billion, and metaverse ETFs are a simple way to get on board. Because it’s such a new and developing industry, there will likely be some volatile periods, but the overall trend should be upward.
Many of the companies in metaverse ETFs are large-cap technology companies, and their stock is considered to be one of the most stable in the market.
They range from well-known social media platforms, such as Meta platforms (Facebook), to e-commerce behemoths, such as Amazon. Investing in these ETFs can also provide investors with exposure to other tech sectors.
Whatever you decide, it’s critical to stay current with the latest news and market analysis. And also, before purchasing an ETF, you must first register with a reputable broker.
Best metaverse ETF
The best metaverse ETF projects can make you rich if you know which ones to invest in. And they are:
Roundhill Ball Metaverse ETF
Estimated price: US$9.87
The Roundhill Ball ETF holds 40 companies that are working to build or develop the metaverse. Around 80% of the company’s holdings are in the United States, with the remaining 20% in Asia.
Nvidia and Roblox are the company’s two largest holdings; Nvidia is a chipmaker that contributes to the creation of metaverse infrastructure, while Roblox is a gaming company that creates virtual worlds.
When it debuted in June 2021, it was the first metaverse ETF to hit the market.
It is the most popular, hence one of the best metaverse ETF because it holds a large number of large-cap and stable companies, making it a relatively safe way to invest in this upcoming trend.
The Simplify Volt Fintech Disruption ETF
Current price: $3.61
The Simplify Web3 ETF is the first web3-specific exchange-traded fund to hit the market. Web3 and the metaverse are closely related industries, and the ETF invests in companies that operate in both.
The Simplify ETF, which was first launched in January 2022, aims to profit from the cryptocurrency market’s growing popularity.
While the majority of the fund’s holdings are Web3 and metaverse companies, 10% of the money has been invested in the Grayscale Bitcoin Trust, which, as its name suggests, provides exposure to Bitcoin.
The Simplify ETF, like the other best metaverse ETF (s) on this list, is a risky investment. It has a lot of exposure to new, unproven industries, and predicting how they will perform in the future is difficult.
It does, however, expose you to a lot of innovation in a high-growth industry, where successful stocks are likely to rise in value quickly.
ProShares Metaverse ETF
current price: $32.40
The ProShares Metaverse ETF is designed to provide investors with access to the virtual reality ecosystem through a single ETF.
It will aid in the tracking of a forward-looking index that is designed to capture a wide range of opportunities as it develops. Hence, making it one of the best metaverse ETF.
The ProShares UltraPro QQQ (NASDAQ: TQQQ) seeks to outperform the Nasdaq 100 Index by three times on a daily basis. The information technology and communications services sectors account for roughly 70% of the underlying companies. As of December 31, 2021, the ETF’s market capitalization averaged $217.79 billion.
One of the most popular technology stocks among smart investors is Apple Inc. (NASDAQ: AAPL). With a total stake of $146 billion in Apple Inc. (NASDAQ: AAPL) in Q3 2021, 120 hedge funds were bullish on the stock.
With more than 887 million shares worth $125.5 billion, Warren Buffett’s Berkshire Hathaway held the largest position in the company.
Apple Inc. (NASDAQ: AAPL) is another popular metaverse stock to investigate, alongside Block, Inc. (NYSE: SQ), Alphabet Inc. (NASDAQ: GOOG), and Microsoft Corporation (NASDAQ: MSFT).
eToro Metaverse Life Smart Portfolio
Current price: $0.10 per pip.
With the eToro Smart Portfolio approach, the eToro Metaverse Life Smart Portfolio provides fully allocated exposure to multiple market themes to meta investors. It offers a diversified portfolio of investments with no management fees or hidden costs. Cryptocurrency and stock investors can invest in all aspects of the metaverse technology at the same time.
This is also one of the best metaverse ETF, as it brags about offering ready-made and good exposure to various available market themes to investors.
Also, with the aid of eToro’s MetaverseLife Smart Portfolio, anyone can invest in any area of the metaverse — stocks as well as crypto — in one place.
Evolve Metaverse ETF
Current price: $4.32
The Evolve Metaverse ETF is Canada’s first and best metaverse ETF, offering an immersive 3D next-generation virtual reality experience.
It is known for offering investors a diversified, actively managed portfolio of companies involved in the development of the new digital world using metaverse technology.
Horizons Global Metaverse Index ETF
Current market price: $12.19
Another best metaverse ETF is the Horizons Global Metaverse Index ETF. It is one of the emerging Metaverse ETF that aims to double its net increase to twice its current size.
This will help increase the adoption of this ETF for use in the metaverse and the world. It is also well-known for always attempting to hedge any portfolio exposure to the US dollar by converting it to Canadian dollars.
Defiance ETF
Current market price: $31.17
The Defiance ETF is becoming more popular as part of a suite of thematic ETFs that allow retail and institutional investors to take a specific position in the dynamic sector.
It’s a registered investment advisor and ETF sponsor that specializes in thematic investing.
Fount Metaverse ETF
Current price: $16
The Fount Metaverse ETF aims to provide a unique way to track the performance of companies that are focused on metaverse technology-related products.
It can track an index of around 50 companies. It may introduce investors to companies that are looking to cash in on the anticipated growth of metaverse technology.
Trust Indxx Metaverse ETF
Current price: $24.97
Another one on the list is the First Trust Indxx Metaverse ETF. And it is included in the list of best metaverse ETF because it is an emerging exchange-traded fund that is usually traded on Nasdaq, utilizing the Indxx Global Metaverse Index as a standard.
What makes this metaverse ETF stand out is the fact that it is used to invest in stocks that are related to the metaverse, which will help in the buildout of the digital world.
Subversive Metaverse ETF
Current price: $17.71
One of the most important components of metaverse technology is the Subversive Metaverse ETF.
It is an actively managed fund that invests in globally listed securities with the goal of providing digital services and products.
Companies associated with metaverse technology will be chosen for the fund portfolio in one of the metaverse’s seven layers.
Frequently asked questions
Which ETF will grow the most?
The best growing ETFs are:
- iShares Russell Top 200 Growth ETF (IWY).
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Russell 1000 Growth ETF (VONG)
- Vanguard Mega Cap Growth ETF (MGK)
- iShares Russell 1000 Growth ETF (IWF).
- SPDR Portfolio S&P 500 Growth ETF (SPYG)
Which ETFs will perform the best in 2022?
The ETFs that are estimated to do well in 2022 are:
- Invesco QQQ Trust (NASDAQ: QQQ)
- Vanguard Energy Index Fund (NYSE: VDE)
- Vanguard Total Stock Market Index Fund (NYSE: VTI)
- Vanguard S&P 500 Value Index Fund (NYSE: VOOV)
- Vanguard 500 Index Fund (NYSE: VOO)
Can ETFs make you a millionaire?
There’s an ETF for everyone, whether you prefer companies in a specific sector, a certain size, or a certain mission.
The best part? ETFs alone can make you a millionaire if you put in enough time and effort.
What are the best metaverse stocks to buy?
The best metaverse stocks that you can buy
- Meta Platforms Inc. (FB)
- Microsoft Corp. (MSFT)
- Unity Software Inc. (U)
- Autodesk Inc. (ADSK)
- Matterport Inc. (MTTR)
- Roblox Corp. (RBLX)
- CrowdStrike Holdings Inc. (CRWD)
Conclusions
The best metaverse ETF can make you rich if you get into them on time. While the dip is still on, you should definitely take advantage of it.