3 Best Metaverse ETFs to Buy in Q3 2024

Our experts rate and review 3 of the best metaverse ETFs to buy in 2024. Compare the top metaverse ETFs and find the best returns for the lowest fees.
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Updated: Jul 8, 2024
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Metaverse ETFs offer a great way to get exposure to one of the most exciting new technological developments in the world. These ETFs contain some of the largest tech companies on the planet and offer investors an easy entry into this growing market. Read on to find the top metaverse ETFs to invest in this year.

What are the top metaverse ETFs to buy?

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Our finance experts have rated the best metaverse ETFs and ranked them in the table below. Choose one to invest in right now or scroll down to learn more about each one.  

#ETF symbolETF nameLearn more
1METVRoundhill Ball Metaverse ETFLearn more >
2MTAVHorizons Global Metaverse Index ETFLearn more >
3MANAGrayscale Decentraland ETFLearn more >
List selected by our team of analysts, updated July 2024

1. Roundhill Ball Metaverse ETF (METV)

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  • Assets: $397 million
  • Expense ratio: 0.59%
  • Year of inception: 2021
  • Average annual return since inception: N/A
  • 30-day SEC yield: N/A

The Roundhill Ball ETF invests in 40 companies that are actively involved in building or developing the metaverse. Around 80% of its holdings are based in the United States, with the remaining 20% coming from Asia. 

METV invests in some of the world’s largest technology companies, including Microsoft and Apple. Its biggest holdings are companies like Apple, Nvidia, Roblox, Meta Platforms, and Qualcomm.

This ETF was the first metaverse ETF to be launched when it entered the market in June 2021. It remains the most popular metaverse ETF as it contains a number of large cap and stable companies, so it offers a relatively safe way to invest in this upcoming trend. 

The benefit of investing in METV is that it holds some of the most popular companies in Wall Street. Most of these firms are specialists in other sectors like artificial intelligence (AI), machine learning, and semiconductors.

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3. Horizons Global Metaverse Index ETF (TSX: MTAV)

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  • Assets: $5.8 million
  • Expense ratio: 0.55%
  • Year of inception: 2021
  • Average annual return since inception: N/A
  • 30-day SEC yield: N/A

Second place on our list goes to the Horizons Global Metaverse ETF, which seeks to replicate the performance of the Solactive Global Metaverse Index. Similar to Evolve above, MTAV is a Canadian based ETF that trades on the Toronto Stock Exchange. It’s another new ETF in this space and there’s little historical price performance to analyse. 

What makes Horizons different from the other ETFs on our list is its diverse sector allocation. While around 25% of its fund is targeted towards the technology industry, it splits the rest of its money fairly equally across a broad range of other sectors. It includes stocks from the gaming industry, digital payments, and AR/VR among a host of others. 

MTAV includes companies from around the world, although it does have a stronger preference for U.S. based stocks. Some of its largest holdings include Google, Visa, and Amazon. It offers a mostly equal weighting for each of its holdings. This together with it investing in a range of sectors makes it a less risky approach to metaverse ETFs.

The Evolve Metaverse ETF has several drawbacks. First, at 0.55%, it is a highly expensive fund since some popular names like Invesco QQQ and SPDR Technology ETF (XLK) have a ratio of 0.20% and 0.04%, respectively. Second, it is a highly illiquid fund with minimal volume. At the time of writing this, it had a volume of 2. Third, for most Americans, it is hard to invest in it because of it is listed in Toronto.

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3. Grayscale Decentraland ETP (MANA)

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  • Assets: $9.6 million
  • Expense ratio: 2.5%
  • Year of inception: 2021
  • Average annual return since inception: N/A
  • 30-day SEC yield: N/A

The Grayscale Decentraland Trust (MANA) is not entirely an exchange traded fund (ETF). Instead, it is a fund that Grayscale created to track the price of MANA, the cryptocurrency that does transactions in the Decentraland metaverse.

While the MANA fund is in this list, it has numerous issues that make it difficult to recommend. First, Decentraland is no longer as popular as it was a few years ago. Onchain data shows that it is a nearly empty metaverse platform with just a few monthly users.

Second, Decentraland has a huge expense ratio of 2.5%, which is highly expensive. This ratio means that a $1,000 investment will cost about $25. 

Third, the fund trades at a discount to NAV. At the time of writing, it was trading at a 3.84% discount to its net asset value. Further, it is a highly illiquid fund with just a few shares trading each day.

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Where to buy the best metaverse ETFs

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Buying and selling ETFs is a simple process that can be done the same way as any normal stock. That means before buying shares in a metaverse ETF you will need to sign up to a broker. Below you’ll find some of the top ETF brokers around. Click on any of the links and sign up in just a few minutes. 

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1
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Full Regulations:
CySEC, FCA

eToro offers real assets only, no CFD products. eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the BD.

2
Min. Deposit
$ 100
Best offer
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Trade +2000 CFDs on Shares, Options, Commodities & more
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0 commissions & attractive spreads with up to 1:5 leverage
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Payment Methods:
Bank Transfer, Debit Card, PayPal, Credit Card, Visa, Mastercard, American Express, Trustly, Apple Pay, Google Pay, Discover, Bank Transfer: SEPA, Bank Transfer: FPS, skrill
Full Regulations:
ASIC, FCA, FSA, MAS, CySEC #250/14

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3
Min. Deposit
$ 0
Best offer
User Score
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Get insights from millions of investors, creators, and analysts
Build your portfolio of stocks, ETFs, and crypto–all in one place
No minimum deposit
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Payment Methods:
Debit Card, Wire Transfer, Check, Bank Wire
Full Regulations:
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

What is a metaverse ETF?

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It’s an exchange traded fund that is available to buy and sell on the stock market. Metaverse ETFs give investors exposure to a basket of companies involved in all aspects of this new industry. Ranging from pure play companies, to large cap tech giants adapting to the metaverse. 

You are able to buy shares in an ETF through a stock broker just like any other stock. Each fund is designed to track the performance of a particular index or industry. 

Are metaverse ETFs a good investment?

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Metaverse ETFs are not a good investment for three main reasons. First, they are all highly expensive funds compared to other funds like QQQ and SPY. Second, the funds are more illiquid than other ETFs in the market. Finally, the three funds we have looked in this article don’t pay a dividend.

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Methodology: How we choose the best metaverse ETFs

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At Invezz, we are dedicated to helping investors make informed decisions by providing authoritative, accessible, and engaging advice and recommendations. Our curated section of the best Exchange-Traded Funds (ETFs) is carefully selected by our team of experienced market analysts and reviewed by a sub-editor. This methodology outlines the rigorous process we follow to ensure our ETF recommendations are up-to-date, reliable, and insightful.

  • Analyst research & recommendations: Our seasoned market analysts use their in-depth sector knowledge to identify ETFs with strong potential, ensuring they meet high standards of performance, liquidity, and market potential.
  • ETF evaluation: We evaluate ETFs based on their underlying assets, historical performance, expense ratios, and tracking accuracy, alongside macroeconomic factors and sector trends.
  • Fund performance reports: We assess ETFs through the latest performance reports, analyzing key metrics like returns, volatility, expense ratios, and assets under management (AUM).
  • Sector analysis and external recommendations: Our detailed sector analysis, combined with recommendations from reputable sources like Barron’s and Zacks, provides an additional layer of validation for our selections.
  • Quarterly review & refresh: We update our curated ETF list quarterly, re-evaluating each ETF based on the latest reports, industry developments, and market conditions to ensure our recommendations reflect the most current information available.

Risk disclaimer
Crispus Nyaga
Market Analyst
Crispus is a Financial Analyst for Invezz covering the stock, cryptocurrency and forex markets. He’s an experienced analyst with more than 8 years of industry experience.... read more.
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.