ProShares - Metaverse ETF
$71.26−1.35 (−1.86%)
- 0.58%
- $5M
- +19.2%
- 0.10%
- 0M sh
- $71.43
- low $50.55high $84.91
The ETF.net VERS Grade
C
Score 49 out of 100
- 4 of 7
Score 49 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.B56 out of 100Rank 3 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A71 out of 100Rank 3 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 7 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 4 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 3 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C41 out of 100Rank 7 of 7
Our read on VERS
CLaunched in March 2022 at peak metaverse buzz, VERS holds roughly 40 global companies building the hardware, platforms and games behind virtual worlds. One index, one theme, no hedging.
The fund seeks pre-expense returns that track the Solactive Metaverse Theme Index. It normally invests at least 80% of assets in index components or instruments with similar economic characteristics and generally uses replication or representative sampling.
Why people hold it
- One ticket to the whole stack: device makers, data processors, social platforms and gaming sit in the same basket of about 40 names, not a single metaverse pure play.proshares.com
- Rules-based, not vibes-based: at least 80% of assets go into components of the Solactive Metaverse Theme Index, held via replication or sampling.proshares.com
- The 0.58% fee lands around the middle of the thematic ETF pack. No exotic-theme surcharge for the niche.
- Global mandate, so the index can reach chipmakers and platform owners listed outside the US. Distributions come quarterly.proshares.com
Worth knowing
- A small fund that trades lightly, so bid-ask spreads can run wider than on mainstream tech ETFs and larger orders can move the price.
- About 40 stocks riding one narrative: swings tend to be sharper than a broad market fund's, in both directions.
- Peers cover overlapping tech ground for less, including TECB at 0.30% and LRND at 0.14%.
VERS Holdings
- Stocks
- 39
- 46%
- META
Sectors
- Technology72.8%
- Communication22.5%
- Consumer Discretionary4.2%
- Real Estate0.5%
Geography
- United States91.90%
- Taiwan2.99%
- United Kingdom1.96%
- Finland1.75%
- China1.39%
VERS Performance
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.Not enough history yet.
VERS$11,920
Returns run to the Oct 12, 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 | VERS |
|---|---|
| Year to date | +16.1% |
| 1 month | −1.6% |
| 3 months | −3.0% |
| 1 year | +19.2% |
| 3 years | +26.8% |
| 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 | VERS |
|---|---|---|
| 2026 YTD | +16.1% | |
| 2025 | +26.2% | |
| 2024 | +16.9% | |
| 2023 | +51.2% | |
| 2022 | −34.5% |
VERS in the news
VERS Dividends
- 0.10%
- $0.07
- $0.05 per share
- Twice a year
Distribution history
VERS Risk
- 27.4%
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.
- 0.88
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.
- −42.1%
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.
- 1.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VERS Cost
0.58%
VERS0.58%
- The middle half of Metaverse & Connectivity funds
- Median 0.59%
2 of the 7 Metaverse & Connectivity funds charge less.
Other funds in Metaverse & Connectivity
- BFMETFidelity Metaverse ETFExpense ratio 0.39%1 year return +8.0%
- CNXTGFirst Trust Indxx NextG ETFExpense ratio 0.70%1 year return +49.8%
- CMETVRoundhill Metaverse ETFExpense ratio 0.59%1 year return +7.4%
- CSNSRGlobal X - Internet of Things ETFExpense ratio 0.68%1 year return +29.2%
- DARVRFirst Trust Indxx Metaverse ETFExpense ratio 0.70%1 year return +19.0%