New thematic ETF from iShares on Xetra: access to metaverse companies worldwide
New thematic ETF from iShares on Xetra: access to metaverse companies worldwide
A new exchange traded fund issued by iShares has been tradable on Xetra and via Börse Frankfurt since Monday.
With the iShares Metaverse UCITS ETF, investors can participate in the trend of the development of the Metaverse. The index consists of companies worldwide that are significantly involved in the provision of products and services for the Metaverse. The metaverse is a concept that aims to simulate the real world or imagine a world beyond the real one by integrating digital and physical interactions for an immersive experience. Metaverse technology areas include virtual reality, 3D image modelling, avatar, graphics processors, blockchain and non-fungible tokens.
Companies that do not meet ESG criteria or are involved in controversial business sectors such as controversial weapons, tobacco, nuclear power or thermal coal are excluded.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares Metaverse UCITS ETF USD (Acc) | Equity ETF | 0.50 per cent | accumulating | STOXX Global Metaverse Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,004 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.