Global X Metaverse ETF
VR
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- United States of America
- IPO Date
- Apr 28, 2022
- CIK
- 0001432353
- Similar Companies
- Business
- Global X Metaverse ETF (VR) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Global X Metaverse Index; the fund tracks a market cap-weighted index comprising approximately 40 global companies deriving significant revenue from or conducting primary business operations associated with the Metaverse. Core holdings and investment focus encompass companies engaged in hardware and software development for extended digital realities, including virtual, augmented, and mixed reality technologies; creator platforms enabling live streaming and media content sharing in 3D simulations; creator economies involving digital payments, non-fungible tokens (NFTs), and other digital asset gateways; and digital infrastructure such as semiconductors, cloud computing, and 5G networks supporting media consumption, with top positions including NVIDIA Corp. (7.86%), Meta Platforms Inc. (6.94%), NetEase Inc. (6.77%), Coinbase Global Inc. (6.13%), and Take-Two Interactive Software Inc. (5.84%). Launched on April 26, 2022, the ETF is managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments, and is headquartered at 605 Third Avenue, 43rd floor, New York, NY 10158. The fund operates globally, with portfolio exposure spanning North America, Asia-Pacific, and Europe across sectors like Communication Services (66.8%), Information Technology (23.8%), Financials (6.5%), and Consumer Discretionary (2.9%), targeting investors seeking thematic growth in disruptive technologies. It features a net expense ratio of 0.50%, assets under management of approximately $2.56 million, and a dividend yield of 6.36% as of recent data. In recent developments, the ETF has maintained stable operations amid a maturing Metaverse ecosystem, with no major acquisitions, funding rounds, or structural reorganizations reported for the fund itself within the last 1-2 years; however, its underlying holdings reflect ongoing industry momentum, including Meta Platforms' reported $3.5 billion investment in EssilorLuxottica for XR glasses development in 2025 and broader shifts by companies like Apple, Meta, and Google refocusing on Metaverse initiatives. The fund continues to emphasize high-growth potential in a market projected to exceed $1.3 trillion by 2030, adapting to sector weightings in packaged software (32.0%), internet software/services (30.2%), and recreational products (21.0%).