First Trust Indxx Metaverse ETF
$58.69−0.55 (−0.93%)
- Expense ratio
- 0.70%
- Fund size
- $9M
- 1Y return
- +18.0%
- Yield · Last 12 months
- 0.62%
- Holdings
- 41
- Volume · 30D
- 0M sh
- NAV per share
- $58.31
- 52W range
The ETF.net ARVR Grade
Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 18Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 13Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 46Category rank
Our read on ARVR
DA literal bet on the metaverse: roughly 50 global companies tied to virtual worlds, tracked by index rather than a manager's hunch. First Trust launched it in 2022, right as the theme crested.
The Fund seeks investment results that generally track the price and yield performance of the Indxx Metaverse Index, before fees and expenses.
Why people hold it
- Pure single-theme exposure. It tracks the Indxx Metaverse Index, about 50 global stocks, with no broad-tech filler diluting the idea you came for.
- Global by mandate, not US-only, so the basket can reach the Asian hardware and chip names that build the plumbing for virtual worlds.
- Plain-vanilla plumbing from a large, long-established issuer: a standard 1940 Act stock fund. No leverage, no swaps, no K-1 at tax time.
- Live since 2022, so it carries a multi-year track record through the theme's hype cycle rather than a backtest.
Worth knowing
- The 0.70% expense ratio sits above the median for global thematic funds, and cheaper broad-theme rivals like UFOX charge 0.30%.
- It is a small fund that trades lightly. Spreads can run wider than a mainstream ETF's, and sizable orders can nudge the price.
- Roughly 50 names in one narrow theme means individual stocks and sentiment swings drive the ride, and payouts come once or twice a year at most.
ARVR Holdings
- Stocks
- 41
- 36%
- 3659.T
Geography
- United States58.94%
- Japan18.97%
- China10.04%
- Taiwan6.33%
- South Korea3.58%
- Switzerland2.14%
Developed 51% · Emerging 49%
ARVR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ARVR |
|---|---|
| Year to date | +21.3% |
| 1 month | +4.0% |
| 3 months | +2.4% |
| 1 year | +18.0% |
| 3 years | +27.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ARVR |
|---|---|---|
| 2026 YTD | +21.3% | |
| 2025 | +29.1% | |
| 2024 | +10.1% | |
| 2023 | +43.4% | |
| 2022 | −15.0% |
ARVR in the news
ETF.net Research hasn’t filed on ARVR yet — coverage lands here as it’s written.
ARVR Dividends
- 0.62%
- $0.37
- $0.11 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.11 |
| Dec 12, 2025 | Dec 31, 2025 | $0.26 |
| Dec 13, 2024 | Dec 31, 2024 | $0.28 |
| Jun 27, 2024 | Jun 28, 2024 | $0.02 |
| Dec 22, 2023 | Dec 29, 2023 | $0.03 |
| Jun 27, 2023 | Jun 30, 2023 | $0.01 |
| Dec 23, 2022 | Dec 30, 2022 | $0.07 |
ARVR Risk
- 19.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.97
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ARVR Cost
- The middle half of Metaverse & Connectivity funds
- Median 0.59%
5 of the 7 Metaverse & Connectivity funds charge less.