MTVR is a type of metaverse exchange-traded fund. It tracks a modified market-cap-weighted index of global companies. It has a passive management style and is not sponsored, endorsed, or otherwise affiliated with the companies it tracks. If you want to invest in MTVR, you should understand its fundamentals and how it works.
MTVR is a metaverse ETF
The ETF offers investors diversified exposure to companies in the metaverse. Its holdings include social media and gaming platforms. These companies make up the majority of the index. The ETF uses a proprietary AI algorithm to predict revenue growth and invest accordingly. To qualify for inclusion in the MTVR, a company must generate a minimum of 50% of its revenue in the metaverse and have a market capitalization of $300 million. The index selects the top 50 stocks based on market capitalization and uses modified market cap weighting to determine the value of each stock.
The MTVR ETF is an investment vehicle that tracks the modified market cap weighted index of globally-listed companies involved in the metaverse. It uses a proprietary artificial intelligence algorithm to forecast 1 year forward metaverse technology-related revenue. Unlike other ETFs, the MTVR index is geographically diverse. Time will tell if it can outperform the market.
MTVR tracks a modified market-cap-weighted index of globally-listed companies
MTVR is a passively managed index that tracks metaverse technology companies. The index focuses on companies with at least 50% metaverse revenue and a market cap of $300 million. The index uses a proprietary AI algorithm to determine which companies are eligible for inclusion and weights the portfolio by market capitalization and metaverse-related revenue.
MTVR tracks the performance of global companies whose stocks are listed on the NYSE and NASDAQ. Its performance is measured by a modified market-cap-weightes index, similar to the S&P 500. However, MTVR is more volatile and less diversified than other ETFs, which generally have a lower cost-to-earnings ratio.
The Index tracks the 500 largest assets in the world, as determined by market capitalization. The index is widely considered a benchmark of the strength of the broader market. Market capitalization is the number of outstanding shares for a particular company.
MTVR is passively managed
The MTVR index is a passively managed index for metaverse technology companies. The index includes companies in the virtual world, augmented reality, and life log sectors. It uses a proprietary artificial intelligence algorithm to project future revenues of these companies. Eligible companies must have at least a 50% share of metaverse revenue and a market capitalization of $300 million or more. The fund only holds the most attractive companies in the industry.
The MTVR index is a modified market cap weighted index of publicly-traded companies that participate in the metaverse. Investing in the MTVR index may have a number of risks. The fund is not hedged against currency fluctuations, so currency fluctuations may impact the returns. Since MTVR is a tiny ETF and only holds a small percentage of its assets, currency fluctuations may affect the performance of the portfolio.
MTVR can be purchased through online discount brokerage accounts. Currently, it is available through Questrade, Qtrade, and Wealthsimple Trade. A good example of such an account is Qtrade, which offers $50 in free trade credits when you sign up. Fount launched the MTVR ETF on October 27, 2021. It has more than $13 million in assets under management and tracks 49 metaverse-oriented businesses.