I'm curious, which ETF out there currently boasts the greatest exposure to the meta-verse and its underlying technologies? With the ever-growing interest in blockchain, decentralized finance, and virtual worlds, I'm sure investors are eager to capitalize on the potential of this emerging sector. Could you elaborate on which fund specifically offers the most comprehensive and diversified exposure to these innovative trends?
5 answers
StormGalaxy
Sat Aug 10 2024
Another notable ETF holding META is the Fidelity MSCI Communication Services Index ETF, which allocates 24.13% of its portfolio to the company. This allocation highlights the significance of Meta Platforms within the broader communication services sector.
Andrea
Sat Aug 10 2024
The Communication Services Select Sector SPDR Fund (XLC) also features META prominently, with a 22.96% allocation. This ETF's inclusion of META reflects the company's position as a key player in the dynamic and rapidly evolving communication services industry.
EthereumElite
Sat Aug 10 2024
Meta Platforms (META) is a prominent constituent in the portfolios of various Exchange Traded Funds (ETFs). The extent of its presence is highlighted by the fact that 833 ETFs globally hold shares of META.
Riccardo
Sat Aug 10 2024
The iShares Global Comm Services ETF (IXP) is another example of an ETF that holds a substantial portion of its portfolio in META, with a 21.06% allocation. This underscores the global appeal of Meta Platforms and its role in shaping the future of communication services.
henry_taylor_architect
Sat Aug 10 2024
Among these ETFs, the FBLS 1x Facebook Tracker ETP stands out, with a remarkable 99.98% of its assets invested in META. This concentration underscores the ETF's focus on tracking the performance of Meta Platforms.