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VERS - Proshares Metaverse ETF

Proshares Metaverse ETF logoThe ProShares Metaverse ETF is an exchange-traded fund that seeks to provide investors with exposure to companies that are expected to benefit from the growth of the "metaverse," a virtual universe that is being created by the convergence of virtual reality, augmented reality, and other technologies. The fund is managed by ProShares, a firm that specializes in developing innovative investment solutions.

As of September 2021, the VERS ETF had a net asset value of approximately $16 million and held over 40 individual stocks. The fund's portfolio is focused on companies that are involved in the development and deployment of metaverse-related technologies and services, including virtual reality hardware and software, gaming companies, and social media platforms.

The VERS ETF is designed to provide investors with a way to potentially benefit from the growth potential of the metaverse, which is expected to revolutionize the way people interact with each other and with technology. However, investors should be aware that investing in thematic strategies carries its own set of risks, including concentration risk, volatility, and potential lack of diversification.

The expense ratio for the VERS ETF is 0.75%, which is relatively high compared to the expense ratios of some other thematic funds. This may make the VERS ETF a less attractive option for investors seeking thematic funds at a lower cost.

Overall, the ProShares Metaverse ETF may be a suitable investment for investors seeking exposure to companies that are expected to benefit from the growth of the metaverse. However, as with any investment, it is important to conduct your own research and consider your investment goals and risk tolerance before investing in the fund.




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