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ETFs

iShares Future Metaverse Tech and Communications ETF

IVRS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 14 2023
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$16,278
AUM
$5,173,149
Associated Index
Morningstar Global Metaverse & Virtual Interaction Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.28%
NVDA
NVIDIA Corp
5.31%
META
Meta Platforms Inc - Ordinary Shares - Class A
5.13%
700
Tencent Holdings Ltd.
4.63%
DSY
DASSAULT SYSTEMES SE
4.60%
RBLX
Roblox Corporation - Ordinary Shares - Class A
4.59%
9999
NetEase Inc
4.58%
ANSS
Ansys Inc. - Registered Shares
4.54%
6758
Sony Group Corporation
4.54%
7974
Nintendo Co. Ltd
4.53%
Invest with IVRS

What is IVRS?

The iShares Future Metaverse Tech and Communications ETF seeks to track the investment results of an Morningstar Global Metaverse & Virtual Interaction Select Index which is composed of U.S. and non-U.S. companies that provide products and services that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality. The Index Provider defines "metaverse" as a three-dimensional immersive digital world.

ETFs related toIVRS

ETFs correlated to IVRS include METV, IYW, IGM

IVRS
iShares Trust - iShares Future Metaverse Tech and Communications ETF
METV
Listed Funds Trust - Roundhill Ball Metaverse ETF
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech ETF
GBUY
Goldman Sachs ETF Trust - Goldman Sachs Future Consumer Equity ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
VGT
Vanguard Group, Inc. - Vanguard Information Technology ETF
FTEC
Fidelity Covington Trust - Fidelity MSCI Information Technology Index ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIVRS

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with IVRS using Composer

FAQ

IVRS is a Global Equities ETF. The iShares Future Metaverse Tech and Communications ETF seeks to track the investment results of an Morningstar Global Metaverse & Virtual Interaction Select Index which is composed of U.S. and non-U.S. companies that provide products and services that are expected to contribute to the metaverse in areas including virtual platforms, social media, gaming, 3D software, digital assets, and virtual and augmented reality. The Index Provider defines "metaverse" as a three-dimensional immersive digital world.

IVRS tracks the Morningstar Global Metaverse & Virtual Interaction Select Index.

No, IVRS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IVRS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IVRS is 0.0492%. This is the percent change in the value of IVRS over the most recent 1-month period. The 3-month return on IVRS is %. This is the percent change in the value of IVRS over the most recent 3-month period.

ETFs similar to IVRS include ARKK, TAN, and EFG.

ETFs correlated to IVRS include METV, IYW, and IGM.

ETFs that are inversely correlated to IVRS include PSQ, TECS, and SQQQ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.