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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Indxx Metaverse ETF

ARVR | ETF

$57.59

$5.18 M

0.00%

0.70%

Vitals

YTD Return

17.7%

1 yr return

34.8%

3 Yr Avg Return

24.5%

5 Yr Avg Return

N/A

Net Assets

$5.18 M

Holdings in Top 10

34.8%

52 WEEK LOW AND HIGH

$57.1
$42.61
$57.59

Expenses

OPERATING FEES

Expense Ratio 0.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Trust Indxx Metaverse ETF

ARVR | ETF

$57.59

$5.18 M

0.00%

0.70%

ARVR - Profile

Distributions

  • YTD Total Return 17.7%
  • 3 Yr Annualized Total Return 24.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Indxx Metaverse ETF
  • Fund Family Name
    First Trust Advisors L.P.
  • Inception Date
    Apr 19, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    David McGarel

Fund Description

Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund will generally employ a full replication strategy, meaning that it will normally invest in all of the securities comprising the Index in proportion to their weightings in the Index. The Index is developed, maintained and sponsored by Indxx, Inc. (the “Index Provider”). The Index Provider is not affiliated with the Fund, the Fund’s investment advisor or the Fund’s distributor. The Index is a rules-based index, however, the Index Provider reserves the right to use qualitative judgment to include, exclude, adjust, or postpone the inclusion of a stock in the Index. “Metaverse” is a term used to describe the next generation of the Internet, which has the potential to allow creators to build the next chapter of human interaction through immersive experiences in three-dimensional virtual spaces. The Index is designed to track the performance of companies offering technologies that assist in creating the Metaverse, including but are not limited to, virtual reality, augmented reality, digital platforms, payment gateways, optics, semiconductors and 5G. According to the Index Provider, the Index's starting universe consists of companies involved in business activities associated with the following sub-themes which have been identified by the Index Provider as comprising the Metaverse: 1.IP & Contents: Companies that develop content, software, and services used in augmented and virtual reality. This includes companies that create video games, graphic design tools, 3D modeling software and media content, which is any live or recorded digital media that is delivered over the internet through a streaming platform. Further, the sub-theme includes companies providing creative tools and intellectual property that aid in the creation of Metaverse. This sub-theme also includes companies that provide platforms to develop applications or software that enable virtual or augmented reality. 2.Platforms: Companies that support technologies like interoperability (the ability of computer systems or software to exchange and make use of information) and provide platforms to interact, access and share immersive digital content (often in 3D simulations and virtual worlds leading to a unique user experience), including social networking and social technology platforms, video communication platforms, virtual marketplaces, and virtual worlds. 3.Payment: Companies that are integrating payment gateways into the Metaverse. This includes companies creating nonfungible tokens for use in virtual reality. 4.Optics & Display: Companies that manufacture displays, controllers, motion sensors, lasers, and other components used in augmented reality and/or virtual reality devices. 5.Semiconductor, Hardware and 5G: Companies that provide semiconductor and hardware products used for interacting in virtual and augmented reality, including but not limited to virtual reality headsets, augmented reality mounted displays, virtual and augmented reality smart glasses, play stations, mobile phones, and haptic gloves, as well as enterprise hardware such as that used to operate or create virtual or augmented reality-based environments, such as industrial cameras, projection and tracking systems, and scanning sensors. Further, this sub-theme includes companies investing in 5G infrastructure, which is considered the backbone of virtual universe. According to the Index Provider, from the starting universe, only companies that derive at least 50% of revenues from, or have a market capitalization of greater than $10 billion and have invested a minimum of $5 billion in the development of Metaverse or related sub-themes will be eligible for inclusion in the Index. These companies have their principal business strategies and/or growth prospects inextricably linked to the Metaverse. Continued growth in the Metaverse is predicted to be vital to their businesses’ economic viability in the future. Each company's stock must also meet the Index Provider's security type, exchange listing, price, market capitalization, liquidity and float requirements. Securities from the same issuer will be subject to conditions controlled by the Index Provider to determine Index eligibility. According to the Index Provider, from the list of eligible companies, the top 50 companies ranked by market capitalization will be selected. In the event there are less than 50 companies that meet the eligibility requirements of the Index, all eligible companies will be selected. The selected companies will be equally weighted. In addition, each company with a market capitalization less than $10 billion will have its weight halved, with the remaining weight equally allocated among other components in the Index with a market cap greater than $10 billion. “Daily turnover” refers to the total value of shares traded on a daily basis for the average time period indicated. The term “free float” is used to describe the portion of an issuer’s outstanding securities that can be publicly traded, and therefore excludes locked-in securities held by an issuer’s affiliates, officers or promoters and securities subject to some other restrictive arrangement that prevents them from being freely traded. Depositary receipts issued by Chinese companies are not eligible for inclusion in the Index. The Fund may invest in securities issued by companies with various market capitalizations, operating in emerging markets, depositary receipts, U.S. dollar denominated and non-U.S. dollar denominated securities. The Index is rebalanced quarterly and reconstituted semi-annually, and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2025, the Fund had significant investments in communication services companies, information technology companies and Asian issuers, although this may change from time to time. The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2025. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector. In order to gain exposure to certain Chinese companies that are included in the Index but are unavailable to direct investment by foreign investors, the Fund invests significantly in non-Chinese shell companies that have created structures known as variable interest entities (“VIEs”) in order to gain exposure to such Chinese companies.
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ARVR - Performance

Return Ranking - Trailing

Period ARVR Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -38.5% 31.2% N/A
1 Yr 34.8% -67.1% 39.2% N/A
3 Yr 24.5%* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 22.3% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Return Ranking - Calendar

Period ARVR Return Category Return Low Category Return High Rank in Category (%)
2025 28.4% -73.9% 35.7% N/A
2024 9.2% -25.6% 73.1% N/A
2023 43.2% -97.5% 60.0% N/A
2022 N/A -24.7% 44.9% N/A
2021 N/A -22.9% 38.5% N/A

Total Return Ranking - Trailing

Period ARVR Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -75.9% 954.2% N/A
1 Yr 34.8% -67.1% 66.6% N/A
3 Yr 24.5%* -40.8% 30.6% N/A
5 Yr N/A* -33.3% 30.0% N/A
10 Yr N/A* -16.3% 23.9% N/A

* Annualized

Total Return Ranking - Calendar

Period ARVR Return Category Return Low Category Return High Rank in Category (%)
2025 29.1% -73.9% 35.7% N/A
2024 10.1% -25.6% 73.1% N/A
2023 43.4% -97.5% 60.0% N/A
2022 N/A -24.7% 44.9% N/A
2021 N/A -22.9% 43.6% N/A

ARVR - Holdings

Concentration Analysis

ARVR Category Low Category High ARVR % Rank
Net Assets 5.18 M 863 K 50.4 B 95.82%
Number of Holdings 43 1 470 71.70%
Net Assets in Top 10 1.54 M 0 30.3 B 94.53%
Weighting of Top 10 34.82% 7.6% 100.0% 77.10%

Top 10 Holdings

  1. STMicroelectronics N.V. EUR1.04 4.09%
  2. Intel Corporation COM 3.59%
  3. Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS 3.56%
  4. Netflix, Inc. COM 3.56%
  5. Micron Technology Inc. COM 3.46%
  6. Texas Instruments Inc. COM 3.45%
  7. Electronic Arts Inc. COM 3.34%
  8. Advanced Micro Devices Inc. COM 3.33%
  9. Apple Inc. COM 3.28%
  10. NVIDIA Corp. COM 3.16%

Asset Allocation

Weighting Return Low Return High ARVR % Rank
Stocks 		99.48% 0.00% 100.53% 10.61%
Cash 		0.52% -0.53% 100.00% 93.89%
Preferred Stocks 		0.00% 0.00% 2.84% 39.55%
Other 		0.00% -1.08% 26.87% 44.37%
Convertible Bonds 		0.00% 0.00% 0.40% 38.26%
Bonds 		0.00% 0.00% 4.72% 37.62%

Stock Sector Breakdown

Weighting Return Low Return High ARVR % Rank
Utilities 		0.00% 0.00% 6.27% 38.39%
Technology 		0.00% 2.80% 100.00% 68.39%
Real Estate 		0.00% 0.00% 15.05% 53.87%
Industrials 		0.00% 0.00% 53.73% 77.74%
Healthcare 		0.00% 0.00% 43.58% 70.97%
Financial Services 		0.00% 0.00% 52.54% 82.58%
Energy 		0.00% 0.00% 7.96% 37.74%
Communication Services 		0.00% 0.00% 97.05% 3.55%
Consumer Defense 		0.00% 0.00% 5.64% 45.48%
Consumer Cyclical 		0.00% 0.00% 51.15% 86.77%
Basic Materials 		0.00% 0.00% 36.08% 43.23%

Stock Geographic Breakdown

Weighting Return Low Return High ARVR % Rank
US 		63.66% 0.00% 100.53% 91.32%
Non US 		35.82% 0.00% 99.27% 8.04%

ARVR - Expenses

Operational Fees

ARVR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.08% 2.97% 57.56%
Management Fee 0.70% 0.00% 1.95% 47.57%
12b-1 Fee N/A 0.00% 1.00% 15.65%
Administrative Fee N/A 0.02% 0.50% N/A

Sales Fees

ARVR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ARVR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ARVR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 281.00% N/A

ARVR - Distributions

Dividend Yield Analysis

ARVR Category Low Category High ARVR % Rank
Dividend Yield 0.00% 0.00% 42.10% 47.60%

Dividend Distribution Analysis

ARVR Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

ARVR Category Low Category High ARVR % Rank
Net Income Ratio N/A -2.30% 2.08% N/A

Capital Gain Distribution Analysis

ARVR Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

ARVR - Fund Manager Analysis

Managers

David McGarel

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Chris Peterson

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Daniel Lindquist

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Jon Erickson

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

Stan Ueland

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

Erik Russo

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.

Roger Testin

Start Date

Tenure

Tenure Rank

Apr 19, 2022

0.12

0.1%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 7.88 2.12

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