Proshares Metaverse Etf Profile
| VERS Etf | USD 44.01 0.31 0.71% |
Performance1 of 100
| Odds Of DistressOver 63
|
ProShares Metaverse is selling for under 44.01 as of the 21st of November 2024; that is 0.71 percent increase since the beginning of the trading day. The etf's lowest day price was 44.01. ProShares Metaverse has more than 63 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for ProShares Metaverse ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
The index consists of companies that provide innovative technologies to offer products and services around the Metaverse. Proshares Metaverse is traded on NYSEARCA Exchange in the United States. The company has 151.56 M outstanding shares. More on ProShares Metaverse ETF
Moving together with ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2022-03-15 |
| Benchmark | Solactive Metaverse Theme Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 5.28 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | J.P. Morgan Investor Services Co. |
| Advisor | ProShare Advisors |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Tarak Dave |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 41.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.58 |
| Management Fee | 0.58 |
| Country Name | USA |
| Returns Y T D | 2.84 |
| Name | ProShares Metaverse ETF |
| Currency Code | USD |
| Open Figi | BBG016323QJ6 |
| 1y Volatility | 20.28 |
| 200 Day M A | 42.4681 |
| 50 Day M A | 43.9927 |
| Code | VERS |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
ProShares Metaverse ETF [VERS] is traded in USA and was established 2022-03-15. The fund is listed under Technology category and is part of ProShares family. The entity is thematically classified as Strategy ETFs. ProShares Metaverse ETF at this time have 5.66 M in net assets. , while the total return for the last year was 14.4%.
ProShares Metaverse ETF currently holds about 2.26 M in cash with (18.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check ProShares Metaverse Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares Metaverse ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ProShares Metaverse ETF Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| KOPN | Kopin | Stock | Information Technology | |
| META | Meta Platforms | Stock | Communication Services | |
| MSFT | Microsoft | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
ProShares Metaverse ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Metaverse. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) |
ProShares Metaverse Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ProShares Metaverse ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of ProShares Metaverse ETF is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Metaverse's value that differs from its market value or its book value, called intrinsic value, which is ProShares Metaverse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Metaverse's market value can be influenced by many factors that don't directly affect ProShares Metaverse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Metaverse's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Metaverse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Metaverse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.