Cryptocurrency Q&A Which ETF has the most meta exposure?

Which ETF has the most meta exposure?

DigitalTreasureHunter DigitalTreasureHunter Thu Aug 08 2024 | 5 answers 1175
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? Which ETF has the most meta exposure?

5 answers

StormGalaxy 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.

Was this helpful?

248
27
Andrea 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.

Was this helpful?

94
47
EthereumElite 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.

Was this helpful?

201
60
Riccardo 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.

Was this helpful?

381
69
henry_taylor_architect 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.

Was this helpful?

251
21

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts