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First Trust Indxx Metaverse (ARVR)Overvalued or undervalued?
Look-through valuation · Theme · Expense ratio 0.70 % · ISIN US33734X7628
Price history (since 2022)
Monthly close since 2022. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Nexon Co Ltd 3659 | 4.3 % | n/a | n/a |
| Unity Software Inc U | 4.2 % | −59.1 % | 51 |
| Microsoft Corporation MSFT | 3.8 % | +10.0 % | 66 |
| Nintendo Co Ltd 7974 | 3.6 % | n/a | n/a |
| Meta Platforms Inc. META | 3.5 % | +10.0 % | 66 |
| Advanced Micro Devices Inc AMD | 3.4 % | −80.0 % | 75 |
| NVIDIA Corporation NVDA | 3.4 % | −12.0 % | 74 |
| Sony Corp 6758 | 3.3 % | n/a | n/a |
| Micron Technology Inc MU | 3.3 % | −85.9 % | 74 |
| Intel Corporation INTC | 3.3 % | −50.9 % | 38 |
| Xiaomi Corp 1810 | 3.2 % | +67.0 % | 51 |
| Apple Inc. AAPL | 3.2 % | +2.8 % | 82 |
| Adobe Systems Incorporated ADBE | 3.2 % | +88.6 % | 94 |
| Qualcomm Incorporated QCOM | 3.1 % | +10.0 % | 84 |
| Taiwan Semiconductor Manufacturing TSM | 3.1 % | +11.3 % | 78 |
| Amphenol Corporation APH | 3.0 % | +10.0 % | 68 |
| Zoom Video Communications Inc ZM | 3.0 % | +108.1 % | 76 |
| Netflix Inc NFLX | 2.8 % | +11.2 % | 87 |
| Tencent Holdings Ltd 0700 | 2.8 % | +62.2 % | 70 |
| Synopsys Inc SNPS | 2.7 % | −18.4 % | 50 |
| Roblox Corp RBLX | 2.6 % | −6.1 % | 39 |
| Texas Instruments Incorporated TXN | 2.6 % | −69.9 % | 68 |
| NetEase Inc 9999 | 2.6 % | n/a | n/a |
| Microchip Technology Inc MCHP | 2.6 % | −63.4 % | 67 |
| Take-Two Interactive Software Inc TTWO | 2.5 % | −63.2 % | 55 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 41 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about ARVR
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How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives First Trust Indxx Metaverse ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.