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ETFs

ProShares Metaverse ETF

VERS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 15 2022
Expense Ratio
0.58%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$25,063
AUM
$5,859,577
Associated Index
Solactive Metaverse Theme Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
4.96%
MSFT
Microsoft Corporation
4.72%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.72%
AMZN
Amazon.com Inc.
4.60%
QCOM
Qualcomm, Inc.
4.59%
AAPL
Apple Inc
4.53%
NVDA
NVIDIA Corp
4.22%
PTC
PTC Inc
4.12%
FUBO
fuboTV Inc
3.86%
SNAP
Snap Inc - Ordinary Shares - Class A
3.75%
Invest with VERS

What is VERS?

ProShares Metaverse ETF seeks investment results, before fees and expenses, that track the performance of the Solactive Metaverse Theme Index. VERS offers access to the metaverse ecosystem in a single ETF. The fund tracks a forward looking index designed to capture the metaverse opportunity as it evolves.

ETFs related toVERS

ETFs correlated to VERS include METV, WTAI, IRBO

VERS
ProShares Trust - ProShares Metaverse ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
WTAI
WisdomTree Trust - WisdomTree Artificial Intelligence and Innovation Fund
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund

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 toVERS

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with VERS using Composer

FAQ

VERS is a US Equities ETF. ProShares Metaverse ETF seeks investment results, before fees and expenses, that track the performance of the Solactive Metaverse Theme Index. VERS offers access to the metaverse ecosystem in a single ETF. The fund tracks a forward looking index designed to capture the metaverse opportunity as it evolves.

VERS tracks the Solactive Metaverse Theme Index.

No, VERS 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, VERS 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 VERS is -0.0301%. This is the percent change in the value of VERS over the most recent 1-month period. The 3-month return on VERS is -0.0708%. This is the percent change in the value of VERS over the most recent 3-month period.

The standard deviation of VERS for the past year is 0.322%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VERS include SPHQ, DSI, and QUAL.

ETFs correlated to VERS include METV, WTAI, and IRBO.

ETFs that are inversely correlated to VERS include HIBS, WEBS, and BERZ.

Disclaimers

*

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.