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METV vs NXTG

Roundhill Metaverse ETF

METVCNYSE Arca

First Trust Indxx NextG ETF

NXTGCNasdaq

Overlap

Expense ratio

METV −0.11pt a year

METV0.59%NXTG0.70%

Avg volume · 30D

METV 5.9×the volume

METV48.8KNXTG8.33K

5Y return · a year

NXTG +10.5pt

METV+5.3%NXTG+15.8%

METV vs NXTG Performance

Oct 29, 2021 – Oct 30, 2026

+29.7%METV+107.8%NXTG

Oct 29, 2021 to Oct 30, 2026. METV +29.7%. NXTG +107.8%. Use the arrow keys to read each point.−50%0%Oct 2021Apr 2024Oct 2026
Expense ratio
METV 0.59%, better
NXTG 0.70%
Fund size
METV $209M
NXTG $532M
1Y total return
METV −4.5%
NXTG +34.2%, better
Yield (12M)
METV 0.17%
NXTG 1.36%, better
Holdings
METV 31
NXTG 107
Avg volume (30D)
METV 48.8K sh, better
NXTG 8.33K sh
NAV per share
METV $19.91
NXTG $145.63
52W range

ETF.net Grade

METV: Cost 57, Risk 34, Mission not scored, Tradability 53, Holdings 37, Durability 58. NXTG: Cost 21, Risk 84, Mission 77, Tradability 66, Holdings 79, Durability 82.
Pillar letters and Scores for METV, NXTG, with each pillar’s weight
PillarMETVNXTG
Cost30% weightB57HigherF21
Mission25% weightNot scoredA77
Risk15% weightD34A84Higher
Tradability15% weightC53B66Higher
Holdings10% weightD37A79Higher
Durability5% weightB58A82Higher

Rank among Metaverse & Connectivity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. METV and NXTG are both graded against the same 6 Metaverse & Connectivity funds, so their Grades compare head to head.

Metaverse & Connectivity⁠

Category · 6 funds
See all 6 ›

NXTG ranks 3rd and METV 4th of 6 funds in the Metaverse & Connectivity Category.

  1. Rank 1BKNCTInvesco Next Gen Connectivity ETFScore 65
  2. Rank 2BFMETFidelity Metaverse ETFScore 60
  3. Rank 3CNXTGFirst Trust Indxx NextG ETFScore 54
  4. Rank 4CMETVRoundhill Metaverse ETFScore 48
  5. Rank 5CSNSRGlobal X Internet of Things ETFScore 46

Our read on each fund

ETF.net Research

METVCRoundhill Metaverse ETF

NXTGCFirst Trust Indxx NextG ETF

In short

METV Launched 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.

NXTG A 5G fund that isn't a 5G-boom baby. NXTG has been running since 2011 and spreads the connectivity theme across roughly 100 stocks worldwide. Long tenure and broad reach, at a premium price tag.

Stated mandate

METV 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.

NXTG The Fund seeks returns corresponding generally to the Indxx 5G & NextG Thematic Index and normally invests at least 90% of net assets in securities comprising that index.

Why people hold it

  • METV 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.
  • NXTG Launched in 2011, making it a veteran inside a global thematic peer group stuffed with far more recent arrivals.
  • Rules-based and wide: at least 90% of net assets sit in the Indxx 5G & NextG index, roughly 100 global names rather than a short list of megacaps.
  • Upper half of its global thematic cohort on how closely it follows its stated index and what sits in the portfolio.
  • Simple plumbing: a 1940 Act fund holding the stocks outright, with distributions paid quarterly.

Worth knowing

  • METV 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
  • NXTG 0.70% a year is above the typical fee in its global thematic group. Cheaper thematic shelves exist, including KLMT at 0.10% and UFOX at 0.30%.
  • Thinly traded for its size, so bid-ask spreads can run wider and larger orders can nudge the price.
  • One theme, global footprint: results ride on connectivity and network spending, and overseas holdings add currency movement to the mix.

Full METV profile⁠

Full NXTG profile⁠

METV vs NXTG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

METV vs NXTG Cost

Overpaying NXTG vs METV

$1,971

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

  • METV 0.59%

    $11,635

  • NXTG 0.70%

    $13,606

$10,000
30 years

Cost over time

  • METV 0.59%
  • NXTG 0.70%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NXTG $13,606METV $11,635

Year by year

YearMETVNXTGOverpaying
10$1,058$1,250$192
20$4,051$4,760$709
30$11,635$13,606$1,971

Expense ratio

  • 0.59%METV, cheaper
  • 0.70%NXTG
  • Middle half of Metaverse & Connectivity funds
  • Median 0.64%

METV 3rd cheapest of 6 funds

NXTG 5th cheapest of 6 funds

METV vs NXTG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METV 0.17%
NXTG 1.36%, better
Payout (12M)
METV $0.03
NXTG $1.98
Last payment
METV $0.03
NXTG $0.63
Ex-dividend
METV Dec 30, 2025
NXTG Sep 24, 2026
Paid on
METV Dec 31, 2025
NXTG Sep 30, 2026
Frequency
METV Irregular
NXTG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

METVIrregular · 3 paymentsAll METV payments⁠
One bar per payment. 3 payments from 2017 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.$0$12017202020232026YTD
NXTGQuarterly · 35 paymentsAll NXTG payments⁠
One bar per payment. 35 payments from 2017 to 2026 YTD. Jun 22, 2017 $0.19; Sep 21, 2017 $0.15; Dec 21, 2017 $0.52; Jun 21, 2018 $0.18; Sep 14, 2018 $0.30; Dec 18, 2018 $0.06; Jun 14, 2019 $0.0099; Sep 25, 2019 $0.17; Dec 13, 2019 $0.24; Mar 26, 2020 $0.05; Jun 25, 2020 $0.23; Sep 24, 2020 $0.18; Dec 24, 2020 $0.27; Jun 24, 2021 $0.19; Sep 23, 2021 $0.20; Dec 23, 2021 $1.23; Mar 25, 2022 $0.05; Jun 24, 2022 $0.55; Sep 23, 2022 $0.44; Dec 23, 2022 $0.20; Mar 24, 2023 $0.05; Jun 27, 2023 $0.45; Sep 22, 2023 $0.40; Dec 22, 2023 $0.75; Mar 21, 2024 $0.04; Jun 27, 2024 $0.41; Sep 26, 2024 $0.40; Dec 13, 2024 $0.43; Mar 27, 2025 $0.08; Jun 26, 2025 $0.57; Sep 25, 2025 $0.50; Dec 12, 2025 $0.54; Mar 26, 2026 $0.23; Jun 25, 2026 $0.58; Sep 24, 2026 $0.63. Use the arrow keys to read each point.$0$12017202020232026YTD

METV vs NXTG Risk

Fall from peak · 5 years

  • METV
  • NXTG
Oct 29, 2021 to Oct 30, 2026. Worst fall: METV −59.6% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
METV 21.8%NXTG 20.1%, better
Return per unit of riskSharpe ratio, 3 years
METV 1.06NXTG 1.28, better
Worst fallMax drawdown, 5 years
METV −59.6%NXTG −33.6%, better
Market sensitivityBeta, 5 years
METV 1.39NXTG 1.34

METV and NXTG in the news

All news⁠

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