ETF List

META

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META

ETF full name: Roundhill Ball Metaverse ETF (META)

Segment: Equity: Global Internet

ETF provider: Roundhill Investments

META key details
Issuer Roundhill Investments
Dividend  N/A
Inception date 21 June 2021
Expense ratio 0.75%
Management company Ball Metaverse Research Partners
Average 3-5 EPS N/A
Average Annualized Return The fund is less than one year in existence
Investment objective Investment in globally-listed equities which are considered future iteration of the internet
Investment geography Global
Benchmark Ball Metaverse Index
Leveraged N/A
Median market capitalization $70.9 Billion
ESG rating 5.36 / 10
Number of holdings 41
Weighting methodology  Tiered

About the META ETF

The Roundhill Ball Metaverse ETF inception was on 21 June 2021. The fund trades under the symbol META on the New York Stock Exchange. The META fund tracks the Ball Metaverse index, and the objective of the fund is to provide investors exposure to the Metaverse.

The equities in the META fund are defined as Metaverse, which includes seven categories: hardware, computer, networking, virtual platforms, interchange standards, payments, assets, and identity services. The fund caps these at 25%, and the index is tiered-weighted into pure-play, core, and non-core.

META Fact-set analytics insight

The META fund has a median market cap of $70.9 billion, and the fund has $289 million assets under management. In terms of management fees, the META fund has an expense ratio of 0.75%.

META performance analysis

META performance analysis

The META fund is new and has only been active for six months. Therefore, it does not have annual returns to date. However, the fund had a three-month return of 10.66%.

The fund has no dividends due yet. The ESG rating for the META fund is 5.36 out of a score of 10.

 

META ETF RATING

Resource ETF DATABASE ETF.com MarketWatch Morningstar.com Money.usnews.com
META Rating N/A N/A N/A N/A N/A
META ESG Rating 5.36 / 10 5.36 / 10 N/A N/A N/A

META key holdings

The META ETF has 41 holdings. The geographical footprint of the fund includes investments in equities based in the USA, Hong Kong, Taiwan, Singapore, Japan, France, Korea, Sweden, and China.

In terms of the top five sectors, the META ETF invests in semiconductors (29.32%), software (23.07%), internet services (13.24%), IT services (9.21%), phones and handhelds (3.71%).

The top ten holdings are listed below.

Ticker Holding name % of assets
NVDA NVIDIA Corporation 10.38%
MSFT Microsoft Corporation 7.20%
RBLX Roblox Corporation 6.25%
FB Meta Platforms Inc. 6.04%
U Unity Software Inc. 5.34%
ADSK Autodesk Inc. 4.46%
AMZN Amazon.com Inc. 3.88%
SE Sea Ltd. (Singapore) 3.76%
TWD Taiwan Semiconductors 3.56%
TCEHY Tencent Holdings 3.53%

Industry outlook

The META ETF is an innovative investment led by Matthew Ball of EpyllionCo. They teamed up with Roundhill investments to create the ETF. The premise behind the META ETF is for people to invest in companies already working towards metaverse creation.

The fund, although pretty new, already surpassed the $250 million AUM.  Analysts predict the price to reach $20 per share as metaverse investments grow continually.

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