INVESTMENT CASE

VERS

Metaverse ETF

Companies Shaping the Next Frontier of Digital Interactions

 

Key Takeaways:

  • The metaverse is more than gaming—and presents a potentially significant opportunity.
  • A diverse set of companies is providing tools for constructing the metaverse and may be poised to benefit from its growth potential.
  • ProShares Metaverse ETF (VERS) offers investors exposure to the metaverse ecosystem in a single ETF.

Virtual Worlds, Real Opportunities

In a span of 30 years, the internet fundamentally changed how many of us access information, shop, work, play, manage our finances, and even maintain friendships. The metaverse has the potential to catalyze a similar radical shift—and could quickly take our personal and commercial digital interactions to a whole new level.
 

What is the metaverse?

Combining aspects of the physical and digital worlds, the metaverse creates immersive experiences through virtual and augmented realities that connect people as they would in real life.

vers_ic_metaverse.png

 

More Than Gaming: The Metaverse Expands into Other Sectors

While the consumer sector, including gaming, has laid much of the groundwork, a broad array of sectors is being established in the metaverse. In fact, nearly half (47%) of the market share in virtual reality (VR) and augmented reality (AR)—the conceptual fabric of the metaverse—is from outside consumer sectors.1 This expansion could have a major impact on the global economy. PWC projects that the creation of new businesses could expand global gross domestic product (GDP) by $1.5 trillion by 2030.2
 
Creation of new metaverse-related businesses could expand GDP significantly
 

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Source: PWC, "#SeeingIsBelieving," 2019.

Nearly half of virtual reality and augmented reality market share is outside consumer sectors
 

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Source: IDC, Morgan Stanley Wealth Management Global Investment Office, as of September 21, 2021. Weightings do not equal 100% due to rounding.
 
Although it could take at least a decade to fully realize this transformation, the shift has already started. Immersive digital technologies have already been used in healthcare to monitor COVID-19 patients, in manufacturing to conduct industrial safety training and increase productivity, in real estate to offer 3D-digital walkthroughs, and across corporations to run collaborative virtual meetings, conferences and employment interviews. And within consumer industries, the opportunities in gaming and entertainment are coupled with potential e-commerce growth—with virtual fitting rooms for clothing retailers, virtual real estate for metaverse “stores,” and a burgeoning online advertising opportunity.
 

Capturing a Diverse Metaverse

A broad range of companies and technologies are expected to be involved in building the metaverse and enabling it to reach its potential—spanning traditional tech players and emerging innovators. The Solactive Metaverse Theme Index has five subthemes that seek to capture the metaverse investment opportunity:

vers_ic_capturing.png

 

Access Companies Shaping the Next Frontier of Digital Interactions

ProShares Metaverse ETF (VERS) offers investors access to the companies that are shaping the next frontier of digital interactions. VERS aims to capture both established and emerging names with business models relevant, or expected to become relevant, to the metaverse industry. VERS gives investors the convenience of owning a diversified basket of companies providing exposure to this evolving digital ecosystem, within a single ETF.
 
1 Morgan Stanley Wealth Management, “Investing in the Metaverse: New Opportunities in Virtual Worlds,” December 16, 2021.
2 PWC, “Seeing Is Believing. How Virtual Reality and Augmented Reality Are Transforming Business and the Economy,” 2019.
 
Diversification does not ensure a profit or guarantee against a loss.
ABOUT The ETF

  • Ticker Symbol

    VERS

  • Intraday Symbol

    VERS.IV

  • Bloomberg Index Symbol

    SOMETAV

  • Investment Objective

    ProShares Metaverse ETF seeks investment results, before fees and expenses, that track the performance of the Solactive Metaverse Theme Index.

  • Inception

    3/15/2022

ABOUT THE INDEX

The index is designed to track the performance of companies that have, or are expected to have, significant exposure to the provision of products and/or services that contribute to the metaverse industry, as determined by the index methodology.

Download Prospectus pdf pdf-hover This links to a pdf file This link opens a new window

Take a closer look at VERS

VERS Fund Details

ProShares Metaverse ETF

VERS offers access to the metaverse ecosystem in a single ETF. The fund tracks a forward-looking index designed to capture the metaverse opportunity as it evolves.

This information is not meant to be investment advice. There is no guarantee that the strategies discussed will be effective. Investment comparisons are for illustrative purposes only and not meant to be all-inclusive.

Any forward-looking statements herein are based on expectations of ProShare Advisors LLC at this time. ProShare Advisors LLC undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see the summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Investments in Metaverse technology are subject to risks associated with a developing industry and there is no guarantee that these companies will be successful. Metaverse companies may be subject to cyber-attacks, including but not limited to, unauthorized access to digital systems, data corruption, and service or operational disruption. Cyber-attacks can cause disruptions and impact business operations, potentially resulting in financial losses, the inability of Fund shareholders to transact business, violations of applicable privacy laws and other laws.

The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance.

This fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility. Diversification may not protect against market risk.

This fund may be subject to additional risks associated with the semiconductor, software, media and entertainment, and retailing industries. A more complete discussion of risks is found in the prospectus.

Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

"Solactive AG," a registered trademark of Solactive AG, and the “Solactive Metaverse Theme Index” have been licensed for use by ProShare Advisors LLC. ProShares based on the Solactive Metaverse Theme Index are not sponsored, endorsed, sold, or promoted by Solactive AG and they make no representation regarding the legality or suitability of ProShares, or the advisability of investing in ProShares. SOLACTIVE AG AND ITS AFFILIATES MAKE NO WARRANTIES, EXPRESS OR IMPLIED, AND BEAR NO LIABILITY WITH RESPECT TO THE INDEXES, PROSHARES, OR THE FUND. Solactive AG uses its best efforts to ensure that the index is calculated correctly. Solactive AG has no obligation to point out errors in the index to third parties, including but not limited to investors and/or financial intermediaries.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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