Do ARVR and METV hold the same stocks?

By their latest filings, 44% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ARVR or METV?

ARVR has 47% of its weight in S&P 500 names and METV has 41%, so ARVR differs more from the index.

Which is cheaper, ARVR or METV?

ARVR charges 0.70% a year and METV charges 0.59%, so METV is cheaper. Fees come from each fund's prospectus.

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ARVR vs METV: which is really different?

ARVR and METV hold 44% of their weight in the same names, and ARVR returned +15.4% over the year. First Trust Indxx Metaverse ETF and Roundhill Ball Metaverse ETF.

47.0%

ARVR in the S&P 500

41.0%

METV in the S&P 500

+15.4%

ARVR total return, 1 year

+1.7%

METV total return, 1 year

ARVR · 1 year to Sep 30, 202653% of its weight is outside the S&P 500

47% of ARVR's weight is in S&P 500 companies and 53% is outside the index

METV · 1 year to Sep 30, 202659% of its weight is outside the S&P 500

41% of METV's weight is in S&P 500 companies and 59% is outside the index

ETFIQ Off-Index Score · ARVR scores higherHow much of it is not the index it is sold as an alternative to?

ARVR 12.4

METV 12

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, ARVR and METV hold 44% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

50%

half

44% in common

Positions both hold, largest shared weight first

Holding ARVR METV

Microsoft Corporation 4.04% 5.13%

Unity Software Inc. 4.03% 3.94%

Nexon Co., Ltd. 3.61% 3.84%

Nintendo Co., Ltd. 3.48% 3.88%

Meta Platforms, Inc. (Class A) 3.47% 6.26%

NVIDIA Corporation 3.41% 5.33%

Apple Inc. 3.18% 5.83%

Advanced Micro Devices, Inc. 3.39% 2.87%

NetEase, Inc. 2.76% 4.59%

Take-Two Interactive Software, Inc. 2.55% 7.05%

Roblox Corporation (Class A) 2.27% 7.10%

Snap Inc. (Class A) 1.36% 3.09%

Only in ARVR

Sony Corporation 3.43%

Adobe Incorporated 3.26%

Micron Technology, Inc. 3.24%

Intel Corporation 3.23%

Taiwan Semiconductor Manufacturing Company Limited (ADR) 3.16%

Amphenol Corporation 3.14%

Zoom Communications, Inc. (Class A) 3.05%

Xiaomi Corporation (Class B) 3.04%

Only in METV

Coinbase Global Inc 4.52%

Circle Internet Group Inc 4.51%

Tencent Holdings Ltd 4.08%

Sea Ltd 3.81%

Autodesk Inc 3.17%

Sony Group Corp 3.16%

NAVER Corp 3.05%

NC Corp 2.27%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

44% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	ARVR	METV	ARVR	METV	ARVR	METV
3 months	+3.0%	+12.7%	+0.4 pts	+10.1 pts	+0.8 pts	+10.5 pts
6 months	+29.2%	+29.7%	+12.2 pts	+12.7 pts	+2.3 pts	+2.8 pts
1 year	+15.4%	+1.7%	−0.3 pts	−14.0 pts	−8.4 pts	−22.1 pts
3 years	+101.9%	+121.3%	+17.0 pts	+36.4 pts	−8.0 pts	+11.3 pts
Since launch ARVR Apr 2022 · METV Jun 2021	+100.0%	+38.9%	+17.8 pts	−52.3 pts	−22.8 pts	−76.4 pts

ARVR and METV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ARVR

First Trust Indxx Metaverse ETF · Holds 44 stocks in metaverse and immersive tech, 47% of its weight in S&P 500 companies

METV

Roundhill Ball Metaverse ETF · Holds 31 stocks in metaverse and immersive tech, 41% of its weight in S&P 500 companies

Issuer First Trust Roundhill

Theme Metaverse and immersive tech Metaverse and immersive tech

In the S&P 500 47.0% 41.0%

Active share vs the S&P 500 81.0% 80.8%

In the Nasdaq-100 43.8% 36.4%

Holdings 44 31

Top ten, share of the fund 35.4% 54.8%

Expense ratio 0.70% 0.59%

Fee for the differing part 0.86% 0.73%

Total return, 1 year +15.4% +1.7%

vs the S&P 500 −0.3 pts −14.0 pts

vs the Nasdaq-100 −8.4 pts −22.1 pts

Below its high −2.2% −3.9%

Net assets $9m $275m

ARVR and METV on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ARVR in plain words

By weight, 47% of ARVR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 35% of the fund across 44 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +15.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was about even.

METV in plain words

By weight, 41% of METV's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 81%. The top ten holdings are 55% of the fund across 31 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +1.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 14.0 pts.

Questions people ask

Do ARVR and METV hold the same stocks?: By their latest filings, 44% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ARVR or METV?: ARVR has 47% of its weight in S&P 500 names and METV has 41%, so ARVR differs more from the index.
Which is cheaper, ARVR or METV?: ARVR charges 0.70% a year and METV charges 0.59%, so METV is cheaper. Fees come from each fund's prospectus.

Other comparisons

ARVR vs FMET ARVR vs VERS METV vs VERS METV vs FMET

ARVR on its own →METV on its own →How every figure is computed →Standards and sources →

Where these figures came from

ARVR filings on SEC EDGAR ↗ARVR prospectus with the expense ratio (SEC) ↗First Trust page for ARVR ↗METV filings on SEC EDGAR ↗METV prospectus with the expense ratio (SEC) ↗Roundhill page for METV ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ARVR against METV, data as of Sep 30, 2026. https://etfiq.com/compare/themes/arvr-vs-metv

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.