This article will be exploring the top best metaverse ETFs to buy in 2023. The Metaverse is being heralded as the next generation of the internet, and stocks in this new industry are expected to rise. This page selects the best Metaverse ETFs for the coming year.
Metaverse ETFs are an excellent way to gain exposure to one of the most exciting new technological developments in the world. Continue reading to learn about the best Metaverse ETFs to buy this year.
- What is a metaverse
- Get to know the top best metaverse ETFs to buy in 2023
- Are metaverse ETFs a good investment?
What is a Metaverse ETF?
It is an exchange-traded fund that can be bought and sold on the stock market. Metaverse ETFs provide investors with exposure to a diverse range of companies involved in all aspects of this emerging industry. From pure-play companies to large-cap tech behemoths adapting to the Metaverse.
An ETF, like any other stock, can be purchased through a stockbroker. Each fund is designed to replicate the performance of a specific index or industry.
The 5 Best Metaverse ETFs to Buy Now
Below is our top-rated best ETFs. Choose one to invest in right now and also learn more about each one.
#1. Horizons Global Metaverse Index ETF (TSX: MTAV)
The Horizons Global Metaverse ETF seeks to replicate the performance of the Solactive Global Metaverse Index. MTAV, like Evolve, is a Canadian ETF that trades on the Toronto Stock Exchange. It’s another new ETF in this space with little historical price performance to analyze.
Horizons stand out from the other ETFs on our list due to its diverse sector allocation. While approximately 25% of its fund is allocated to the technology industry, the remainder is distributed fairly evenly across a variety of other sectors.
It includes stocks from the gaming industry, digital payments, and AR/VR, among many others.
MTAV includes companies from all over the world, with a preference for stocks based in the United States. Google, Visa, and Amazon are among its largest holdings.
It gives each of its holdings roughly equal weight. This, combined with the fact that it invests in a variety of sectors, makes it a less risky approach to Metaverse ETFs.
#2. 21Shares Decentraland ETP (SIX: MANA)
21Shares’ first foray into the Metaverse is an exchange-traded product that focuses solely on Decentraland. It allows you to speculate on the success of a specific metaverse rather than the sector as a whole.
The ETP is listed on the Swiss stock exchange and was first offered in February 2022. It only owns the MANA token and thus is entirely reliant on the success of that cryptocurrency.
The idea is that the more people and businesses are drawn to the Decentraland metaverse, the more valuable the coin and the ETP will become.
#3. Simplify Volt Equity Web3 ETF (NYSEARCA: WIII)
The Simplify Web3 ETF is the market’s first dedicated web3 ETF. Web3 and the Metaverse are closely related, and the ETF invests in innovative companies that operate in both industries.
The Simplify ETF, which debuted in January 2022, aims to capitalize on the cryptocurrency market’s growth. While Web3 and metaverse companies make up the majority of the fund’s holdings, 10% of the money has been invested in the Grayscale Bitcoin Trust, which, as the name suggests, provides exposure to Bitcoin.
The Simplify ETF, like the other ETFs on this list, is relatively risky. It has a lot of exposure to new, unproven industries, and it’s difficult to predict how they’ll perform in the future. However, it exposes you to a lot of innovation in a high-growth industry where successful stocks are likely to skyrocket in value.
#4. Roundhill Ball Metaverse ETF (NYSEARCA: METV)
The Roundhill Ball ETF invests in 40 companies that are actively involved in the development or construction of the Metaverse. Approximately 80% of its holdings are in the United States, with the remaining 20% in Asia.
METV invests in some of the world’s most powerful technology firms, including Microsoft and Apple. Its two largest holdings are Nvidia and Roblox; Nvidia is a chip manufacturer that contributes to the creation of metaverse infrastructure, while Roblox is a gaming company responsible for the creation of virtual worlds.
When it first hit the market in June 2021, this ETF was the first metaverse ETF. It is still the most popular metaverse ETF because it includes a number of large-cap and stable companies, making it a relatively safe way to invest in this emerging trend.
#5. Evolve Metaverse ETF (TSX: MESH)
MESH is Canada’s first metaverse ETF, providing investors with access to an actively managed, diverse portfolio of companies involved in metaverse development. It includes companies from all around the world, with a particular emphasis on the United States and Asia.
The fund is made up of roughly three-quarters of American companies, with the remainder made up of Chinese, Japanese, and Singaporean companies. It invests primarily in the technology sector and includes some of the most well-known large-cap stocks, such as Meta, Autodesk, and Walt Disney.
Because it is a new ETF, there is little information on its historical movements, and it currently manages more than $8 million. One of MESH’s most appealing features is its equal weighting. It spreads its total fund across all of the stocks it invests in, ensuring that no single company has a significant impact on its performance.
Are metaverse ETFs a good investment?
They are an excellent way to put money aside for the future. The metaverse industry is expected to be worth more than $500 billion by 2028, and Metaverse ETFs provide an easy way to get on board.
Because it is such a young and developing industry, there will almost certainly be some volatile periods, but the overall trend should be positive.
Many of the companies in Metaverse ETFs are large-cap technology companies, and their shares are among the most stable in the market.
They range from well-known social media networks like Meta platforms (Facebook) to e-commerce behemoths like Amazon. Investing in these ETFs can also provide investors with exposure to other areas of the technology industry.
Where to Buy the Best Metaverse ETFs
Buying and selling ETFs is a straightforward process that can be carried out in the same manner as any other stock. That means you’ll need to sign up with a broker before you can buy shares in a metaverse ETF. Some of the best ETF brokers are listed below.
#1. Pacific Union
Pacific Union was founded in the year 2015 and is now one of the world’s leading online brokerages. Pacific Union allows you to trade over 200 assets, including forex, indices, commodities, stocks, and cryptocurrencies.
Traders can select from a variety of cutting-edge trading terminals. Pacific Union provides top-tier multilingual support to customers from 120 countries and territories.
#2. Trading 212
Although Trading 212 is a global CFD broker, clients can also trade stocks and ETFs for free. The company was established and launched in 2004 and is now based in London.
The U.K. Financial Conduct Authority (FCA), the Cypriot Cyprus Securities and Exchange Commission (CySEC), and the Bulgarian Financial Supervision Commission all regulate Trading 212. (FSC). Trading 212 is considered safe as it is regulated by the top-tier FCA.
- Real stocks and ETFs are commission-free
- fast and easy account opening
- excellent trading platforms
- Limited product portfolio
- High forex fees
- USD unavailable as account currency
#3. Saxo Capital Markets
This is for experienced traders. It provides a wide range of brokerage services to sophisticated, active traders, investors, professionals, and institutions. Smaller account holders will face a number of unusual challenges, including higher account minimums, a variety of fees, and fewer options for customer support.
Tiered accounts reduce trading costs and add benefits as equity grows, but the majority of retail traders will struggle to reach the higher customer tiers, which begin at £200,000 (Platinum) and £1,000,000 for UK-based accounts, respectively (VIP).
Saxo Capital Markets is an excellent choice. Extensive and comprehensive research facilities, an API interface, and discounted fees (high-tier accounts) could increase account profitability, but trader education is lacking, and customer service is subpar.
Saxo’s approach suggests that its business objectives are squarely focused on larger-scale and professional account holders.
- Superior user interface
- Offers protection for client accounts
- Extensive range of offerings
- Regulated by FCA (U.K.)
- Industry’s best research
- Lack of emphasis on customer service
- Confusing instrument fee structures
- Does not accept U.S. clients
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Is there a metaverse fund?
The Invesco Metaverse Fund is an actively managed fund that will invest in seven key thematic areas, such as hyper-connected networks, the next generation of operating and computer systems, and hardware and gadgets that grant access to the Metaverse.
Can Metaverse make you rich?
If you pick the right assets and invest in them at a reasonable price, you can become wealthy by investing in the Metaverse. The entire concept of Web 3.0 and the Metaverse has enormous growth potential, so your assets will grow in tandem with the overall industry.
Which crypto will Metaverse use?
Decentraland crypto is a popular metaverse cryptocurrency with limitless customizability. This is one of the oldest and most popular metaverse projects, having begun in 2017. MANA, the native tokens of this metaverse game, is the second-largest metaverse project by market cap.
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