ETF Evaluator: iShares Future Metaverse Tec And Com ETF () Follow This ETF

iShares Future Metaverse Tec And Com ETF Overview

iShares Future Metaverse Tec And Com ETF (IVRS) is a passively managed Sector Equity Communications exchange-traded fund (ETF). iShares launched the ETF in 2023.

The investment seeks to track the investment results of the Morningstar© Global Metaverse & Virtual Interaction Select IndexSM. The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the “metaverse” and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

About iShares Future Metaverse Tec And Com ETF (IVRS)

There are 4 members of the management team with an average tenure of 1.86 years: Jennifer Hsui (2023), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Morningstar Global Meta & VI Sel NR USD index with a weighting of 100%. iShares Future Metaverse Tec And Com ETF has 48 securities in its portfolio. The top 10 holdings constitute 52.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

iShares Future Metaverse Tec And Com ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Future Metaverse Tec And Com ETF has 39.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 60.4% There is 39.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares Future Metaverse Tec And Com ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $7 million in total assets, which is below the $1 billion average for the Communications category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

IVRS Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Future Metaverse Tec And Com ETF expense ratio is average compared to funds in the Communications category. iShares Future Metaverse Tec And Com ETF has an expense ratio of 0.47%, which is 13% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Future Metaverse Tec And Com ETF has a portfolio turnover rate of 79%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 36% for the Communications category.

Recently, in the month of July 2026, iShares Future Metaverse Tec And Com ETF returned -0.2%, which earned it a grade of D, as the Communications category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares Future Metaverse Tec And Com ETF has a trailing yield of 0.40%, which is below the 0.95% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares Future Metaverse Tec And Com ETF Grades

Year to date, the ETF has returned -8.6%, 4.6 percentage points worse than the category, which translates into a grade of C. The fund has returned -15.1% over the past year (grade of D) and 5.1% over the past three years (grade of F).

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