Investors now have access to metaverse ETFs, which invest in a variety of stocks, providing exposure to the growth of the metaverse concept. This does not necessarily mean only companies that focus on virtual or augment reality. Many metaverse ETFs also hold shares in companies such as Alphabet (GOOGL) and Apple (AAPL).

In June 2021, the Roundhill Ball Metaverse ETF launched. Roundhill Investments offers the Roundhill Ball Metaverse ETF. It is a metaverse ETF that tracks the Ball Metaverse Index. NYSE Arca is the primary exchange for this ETF. It trades under ticker symbol METV. It has an AUM estimated at $378 million as of the time of writing.

Roundhill Ball Metaverse ETF comprises 51 names. Roblox Corp, a videogame developer best known for its online platform Roblox, is the largest holding in the ETF. Other tech industry heavyweights like Meta (META), Nvidia (NVID) and Microsoft (MSFT) are among its largest holdings.

Unfortunately, this ETF's performance has been disappointing since its inception, which is not surprising considering the tech stock crash of 2022. The ETF's performance since inception is 52% lower than that of January 6, 2023. The expense ratio for the ETF is very modest and affordable, 0.59%.

Another interesting member from the reputable ETF family, ProShares Metaverse ETF, a metaverse ETF that tracks the so-called Solactive Metaverse Theme Index, is offered by well-known ETF manager ProShares founded in 1997. This index is focused on companies that make at least 50% of their revenues from metaverse-related activities. The index caps the weight of any one company at just 4.5%, so it’s a well-diversified ETF.

Under the ticker VERS, the ProShares Metaverse ETF trades at the NYSE Arca exchange and has an AUM totaling $5.61 million as of the writing. The March 2022 launch of the ETF saw a 30% drop in its AUM since its inception on January 6, 2023. ProShares Metaverse ETF charges 0.58%.

Roblox Corp is the largest ProShares Metaverse ETF holding at the time of writing. Other major holdings of the ETF include major tech stocks such as Alphabet, Microsoft, Qualcomm, and Microsoft.

Fidelity, a financial services company, offers the Fidelity Metaverse ETF. This fund tracks the Fidelity metaverse index. The ETF has stated that it will invest at least 80% in securities included in the Fidelity Index and depositary receipts.

Tencent is the largest holding in the Fidelity ETF Metaverse ETF at the time of writing. Tencent represents just under 5 percent of the fund's assets. Alphabet and Apple are the other major holdings of the fund, as well as Nintendo, Nintendo, Adobe, and Nintendo.

Since its launch in April 2022 the ETF has seen a 15.5% drop in price. Fidelity Metaverse ETF's expense ratio is 0.39%, and its AUM is $12 million as of January 6, 2023. It trades on Nasdaq.

Yet another interesting specimen, First Trust Indxx Metaverse ETF – ARVR. First Trust Indxx Metaverse ETF trades under ticker ARVR on the Nasdaq Exchange and seeks to follow the Indxx Metaverse Index's performance.

The First Trust Indxx Metaverse ETF has the largest holdings of any ETF we have featured. Nexon is the largest ETF holding at the time this article was written. Next are Nvidia, Xiaomi (XIACF), Netflix (NFLX) and Sony (SONY). The ETF currently has $1.28 million in assets under management, and an expense ratio at 0.70%. Since inception on 4/19/2022, it has dropped 17.5%.

Bottomline: Although, due to overall adverse market conditions, most Metaverse-related ETFs decreased their values over the course of difficult 2022, now, as first bullish signals appeared on the markets, it’s worth to keep an eye on them – especially by those investors who have no time and patience to sift through plethora of modern trends-related names.