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ETFs

iShares Future Metaverse Tech and Communications ETF

IVRS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 14 2023
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$5,338
AUM
$5,533,876
Associated Index
Morningstar Global Metaverse & Virtual Interaction Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.02%
META
Meta Platforms Inc - Ordinary Shares - Class A
4.98%
9999
NetEase Inc
4.78%
ATVI
Activision Blizzard Inc
4.74%
NVDA
NVIDIA Corp
4.60%
700
Tencent Holdings Ltd.
4.56%
EA
Electronic Arts, Inc.
4.55%
TTWO
Take-Two Interactive Software, Inc.
4.53%
7974
Nintendo Co. Ltd
4.50%
6758
Sony Group Corporation
4.46%
Invest with IVRS

What is IVRS?

The iShares Future Metaverse Tech and Communications ETF seeks to track the investment results of an Morningstar Global Metaverse & Virtual Interaction Select Index which is composed of U.S. and non-U.S. companies that provide products and services that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality. The Index Provider defines "metaverse" as a three-dimensional immersive digital world.

ETFs related toIVRS

ETFs correlated to IVRS include METV, IGM, AIQ

IVRS
iShares Trust - iShares Future Metaverse Tech and Communications ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
AIQ
Global X Funds - Global X Artificial Intelligence & Technology ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIVRS

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IVRS using Composer

FAQ

IVRS is a Global Equities ETF. The iShares Future Metaverse Tech and Communications ETF seeks to track the investment results of an Morningstar Global Metaverse & Virtual Interaction Select Index which is composed of U.S. and non-U.S. companies that provide products and services that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality. The Index Provider defines "metaverse" as a three-dimensional immersive digital world.

IVRS tracks the Morningstar Global Metaverse & Virtual Interaction Select Index.

No, IVRS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IVRS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IVRS is -0.0064%. This is the percent change in the value of IVRS over the most recent 1-month period. The 3-month return on IVRS is -0.0258%. This is the percent change in the value of IVRS over the most recent 3-month period.

ETFs similar to IVRS include PBW, IGF, and ARKK.

ETFs correlated to IVRS include METV, IGM, and AIQ.

ETFs that are inversely correlated to IVRS include QID, SQQQ, and PSQ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.