ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Thematic Investing Channel
  2. Global X Enters the Metaverse Through VR ETF
Thematic Investing Channel
Share

Global X Enters the Metaverse Through VR ETF

James ComtoisApr 28, 2022
2022-04-28

Global X ETFs announced the launch of the Global X Metaverse ETF (VR), which begins trading on the Nasdaq. VR is Global X’s latest addition to its Thematic Growth suite of ETFs, which offers investors targeted exposure to companies around the world driving long-term, paradigm-shifting themes.

The metaverse, a set of virtual, three-dimensional real-time rendered spaces that can be experienced regardless of a user’s physical location, provides an immersive experience with the opportunity to offer a new way of living through digital spaces.

While the metaverse is still in its early days, the potential for monetization is large in areas such as virtual reality, augmented reality, semiconductors, and creator platforms and economies. The opportunity may well exceed $1 trillion.

Some believe that the metaverse is an immersive, real-time, persistent economy that will be crucial to developing a thriving metaverse. The metaverse can be as much a place of economic development as it can be a place for leisure and entertainment. While it may take several years for fully formed, immersive metaverse experiences to become widely available, Global X believes that earlier stage investment opportunities are emerging already.

“Whether it’s playing video games with friends, buying digital items, or consuming media, the wide-range of potential uses offered by the metaverse makes it a possible successor to today’s internet. The metaverse’s foundational infrastructure is in place and companies are increasingly vocal about their participation in its advancement, both in word and capital commitment,” said Pedro Palandrani, director of research at Global X ETFs, in a news release. “With the launch of VR, Global X is leveraging its expertise in thematic investing to provide investors exposure to companies that are positioned to benefit from the development and commercialization of the metaverse.”

With an expense ratio of 0.50%, VR seeks to invest in companies involved in the following business activities: augmented/virtual/mixed reality and spatial computing, creator platforms, creator economy, and digital infrastructure/hardware.

Tracking the Global X Metaverse Index, the fund will join the Global X Thematic Growth suite of more than 35 ETFs and more than $18 billion in assets under management.

For more news, information, and strategy, visit the Thematic Investing Channel.

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X