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Launched · SEC filings

Roundhill Metaverse ETF

METVNYSE ArcaRoundhill InvestmentsC

$19.75−0.12 (−0.62%)

At close: Nov 2, 2026, 4:00 PM ET

C48/ 100

Rank 4 of 6 in Metaverse & Connectivity

C48/100Rank 4 of 6inMetaverse & Connectivity
Intraday session: down, 79 prints from 19.87 to 19.75. Range 19.75 to 20.15. Use the arrow keys to read each point.19.8020.0020.1010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$209M
1Y total return
−4.5%
Yield · Last 12 months
0.17%
Holdings
31
Avg volume · 30D
48.8K sh
52W range
low $15.16high $21.86
Launched
Filings
SEC EDGAR

The ETF.net METV Grade

Based on 5 of 6 pillars

C

Score 48 out of 100

Category
Metaverse & Connectivity⁠
Rank
4 of 6
Six-pillar profile for METV. Scores out of 100: Cost 57, Risk 34, Mission not scored, Tradability 53, Holdings 37, Durability 58. Strongest: Durability (58). Weakest: Risk (34). Based on 5 of 6 pillars.

Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B57 out of 100
    Rank 3 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 6 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C53 out of 100
    Rank 4 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D37 out of 100
    Rank 6 of 6

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 4 of 6

Our read on METV

ETF.net Research

In short

CLaunched in 2021 with an index built by Matthew Ball's research group, METV is the metaverse theme in its original form: roughly 50 globally listed companies spanning chips, networks, virtual worlds and payments.

Stated mandate

The fund seeks to track the Ball Metaverse Index before fees and expenses by investing primarily in globally listed companies whose activities, products, services, or technologies enable the Metaverse.

Why people hold it

  • The Ball Metaverse Index sorts holdings into seven layers of the theme: compute, networking, virtual platforms, interchange standards, payments, content and hardware.roundhillinvestments.com
  • Roundhill cut the management fee from 0.75% to 0.59% in 2022, and that one unified fee covers the fund's operating costs.roundhillinvestments.com
  • Global by mandate, not US tech by default: the index draws on companies listed worldwide whose products and technologies enable the metaverse.

Worth knowing

  • At 0.59%, it prices a touch above the typical global thematic fund. That is what a hand-built, committee-selected niche index costs.
  • About 50 stocks on one narrow theme, and it has ranked among the more volatile funds in its global thematic group.
  • The index methodology was widened to allow ETFs holding bitcoin or ether as eligible components, so digital asset swings can reach an equity fund.roundhillinvestments.com

METV Performance

Launched Jun 30, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
METV$9,552
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. METV $9,552. SPY $11,199. Use the arrow keys to read each point.$8,000$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for METV. Periods over one year show the average yearly return.
PeriodMETV
Year to date+5.4%
1 month−5.4%
3 months+8.4%
1 year−4.5%
3 yearsper year+28.5%
5 yearsper year+5.3%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for METV
YearReturn barMETV
2026 YTD+5.4%
2025+30.8%

METV in the news

METV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.17%Last 12 months
Payout per share
$0.03Last 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2022–2026

One bar per payment. 3 payments from 2022 to 2026 YTD. Dec 13, 2022 $0.0063; Dec 27, 2023 $0.02; Dec 30, 2025 $0.03. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.03
Dec 27, 2023Dec 29, 2023$0.02
Dec 13, 2022Dec 15, 2022$0.0063

$10,000 in METV 5 years ago paid $37.55 in dividends.

METV Risk

Risk pillarD34 out of 100Rank 6 of 6 in Metaverse & Connectivity
How much the fund’s monthly returns vary, scaled to a year.
21.8%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.06
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−59.6%
Trough Nov 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.39
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

METV Cost

Compare METV and FMET

Overpaying vs FMET, cheapest in Metaverse & Connectivity

$3,737

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • METV 0.59%

    $11,635

  • FMET 0.39% Cheapest

    $7,898

$10,000
30 years

Cost over time

  • METV 0.59%
  • FMET 0.39%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530METV $11,635FMET $7,898

Year by year

YearMETVFMETOverpaying
10$1,058$705$353
20$4,051$2,725$1,326
30$11,635$7,898$3,737

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