VERS

Metaverse ETF

Why Invest in VERS?

  • The metaverse is an immersive, virtual world where people can work, play and interact.

  • The companies shaping the metaverse span sectors and industries, from the production of hardware to social media and gaming platforms.

  • 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.

Why Invest in VERS?

  • The metaverse is an immersive, virtual world where people can work, play and interact.

  • The companies shaping the metaverse span sectors and industries, from the production of hardware to social media and gaming platforms.

  • 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.

Documents & Downloads

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
VERS Market Price -10.58% -5.57% -13.71% -29.30% -- -- -- -- -29.30% 03/15/2022
VERS NAV -10.68% -5.40% -13.88% -29.29% -- -- -- -- -29.29% 03/15/2022
Solactive Metaverse Theme Index -10.65% -5.28% -13.65% -- -- -- -- -- -28.92% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker VERS
  • Intraday Ticker VERS.IV
  • CUSIP 74347G325
  • Inception Date 3/15/22
  • Expense Ratio 0.58%*
  • Gross Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 12/31/2022
  • SEC 30-Day Yield 0.76%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 2/03/2023
  • NAV $35.56
  • NAV Change $-0.95 down caret
  • Market Price $35.58
  • Market Price Change $-0.87 down caret
  • Trading Volume (M) 1,202
  • 30-Day Median Bid Ask Spread 0.11%
  • View Premium / Discount
Snapshot
  • Ticker VERS
  • Intraday Ticker VERS.IV
  • CUSIP 74347G325
  • Inception Date 3/15/22
  • Expense Ratio 0.58%*
  • Gross Expense Ratio 0.58%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 12/31/2022
  • SEC 30-Day Yield 0.76%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 2/03/2023
  • NAV $35.56
  • NAV Change $-0.95 down caret
  • Market Price $35.58
  • Market Price Change $-0.87 down caret
  • Trading Volume (M) 1,202
  • 30-Day Median Bid Ask Spread 0.11%
  • View Premium / Discount

Exposures

Index as of 12/30/2022

Holdings

as of 2/03/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
5.22% META META PLATFORMS INC-CLASS A -- $352,728.23 1,891 B7TL820
5.15% VUZI VUZIX CORP -- $347,823.25 60,491 B9GT0J2
5.13% NVDA NVIDIA CORP -- $346,462.00 1,642 2379504
4.32% EXPI EXP WORLD HOLDINGS INC -- $292,032.06 17,321 BDH2902
4.26% QCOM QUALCOMM INC -- $287,862.64 2,132 2714923
4.23% AMZN AMAZON.COM INC -- $285,873.35 2,765 2000019
4.19% GOOGL ALPHABET INC-CL A -- $283,429.90 2,705 BYVY8G0
4.12% AAPL APPLE INC -- $278,254.50 1,801 2046251
4.11% MSFT MICROSOFT CORP -- $277,467.90 1,074 2588173
3.91% HIMX HIMAX TECHNOLOGIES INC-ADR -- $264,364.80 31,360 B126TB6
3.83% ACN ACCENTURE PLC-CL A -- $258,562.68 894 B4BNMY3
3.82% ADBE ADOBE INC -- $258,323.73 681 2008154
3.68% RBLX ROBLOX CORP -CLASS A -- $248,390.30 6,445 BMWBC20
3.60% SNAP SNAP INC - A -- $243,353.00 22,123 BD8DJ71
3.30% U UNITY SOFTWARE INC -- $222,717.00 5,955 BLFDXH8
3.21% CEVA CEVA INC -- $216,743.52 6,168 2986937
3.15% FUBO FUBOTV INC -- $212,729.72 72,604 BMW4TN9
2.93% AMBA AMBARELLA INC -- $198,023.50 2,110 B7KH3G6
2.85% COHR COHERENT CORP -- $192,377.22 4,326 BNG8Z81
2.44% MVIS MICROVISION INC -- $164,789.74 50,549 B7N96Q0
2.16% TIXT TELUS INTERNATIONAL CDA INC -- $145,835.83 6,251 BMFJ317
1.86% PTC PTC INC -- $125,850.20 964 B95N910
1.80% EA ELECTRONIC ARTS INC -- $121,438.72 1,066 2310194
1.74% OLED UNIVERSAL DISPLAY CORP -- $117,631.35 865 2277880
1.72% XRX XEROX HOLDINGS CORP -- $116,074.24 6,844 BJJD5G3
1.52% AMD ADVANCED MICRO DEVICES -- $102,447.10 1,190 2007849
1.47% LITE LUMENTUM HOLDINGS INC -- $99,165.94 1,601 BYM9ZP2
1.43% GLOB GLOBANT SA -- $96,491.84 568 BP40HF4
1.36% SONY SONY GROUP CORP - SP ADR -- $91,639.92 984 2821481
1.19% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $80,539.36 737 2122117
1.10% STM STMICROELECTRONICS NV-NY SHS -- $74,506.08 1,507 2430025
1.02% ATVI ACTIVISION BLIZZARD INC -- $68,919.84 916 2575818
0.96% IMMR IMMERSION CORPORATION -- $64,593.95 8,885 2517854
0.78% CRUS CIRRUS LOGIC INC -- $52,418.56 512 2197308
0.70% STGW STAGWELL INC -- $47,554.50 6,470 BM8BPB4
0.54% MTTR MATTERPORT INC -- $36,600.00 10,000 BN75T01
0.44% WSM WILLIAMS-SONOMA INC -- $30,064.86 214 2967589
0.31% PINS PINTEREST INC- CLASS A -- $21,049.68 766 BJ2Z0H2
0.30% API AGORA INC-ADR -- $20,003.52 4,976 BMVLMK9
0.12% PEN PENUMBRA INC -- $8,091.62 31 BZ0V201
-- -- NET OTHER ASSETS (LIABILITIES) -- $3,581.43 3,581 --

Index

as of 12/30/2022

  • Total Number of Companies40
  • Price/Earnings Ratio0
  • Price/Book Ratio3.058
  • Dividend Yield ( % )1.24
  • Avg. Index Market Capitalization$169.78 billion
About the Index

The Solactive Metaverse Theme 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.

Companies must generate at least 50% of their revenues from metaverse-related business operations to be eligible for the index, as determined by the index provider. To be considered for the index, the index provider uses an automated scan of company filings and other public information to identify companies with exposure to the metaverse industry, based on related keywords. Each company identified receives a score that reflects its exposure to the metaverse industry. Companies without relevant business operations are removed.

Then, the index provider ranks the remaining companies and the top 40 companies, as determined by ranking and certain turnover requirements, are selected into the index.

Selected companies are weighted using a modified equal weight approach, with companies having relatively higher scores receiving additional weight. The ten largest companies, by market capitalization, also receive additional weight in the index. The final weight for any single company is limited to 4.5%.

Companies must be listed on the New York Stock Exchange or the Nasdaq and meet certain market capitalization and FactSet classification requirements. The Index is reconstituted and rebalanced semiannually. The 4.5% weight cap is applied at each semiannual rebalance and at each calendar month when there is not a rebalance.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

Diversification may not protect against market risk.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

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 their summary and full prospectuses for a more complete description of risks.

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

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.

This fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

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” has 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.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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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