ARVR vs HERO
First Trust Indxx Metaverse ETF against Global X Video Games & Esports ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
25%
11 shared positions
Fee gap
20 bp
HERO is cheaper
1-year return gap
28.4 pts
ARVR is ahead
Larger fund
HERO
$62M
Side by side
| ARVR | HERO | |
|---|---|---|
| Fund | First Trust Indxx Metaverse ETF | Global X Video Games & Esports ETF |
| Issuer | First Trust | Global X |
| Category | Internet & Innovation | Gaming & Betting |
| Expense ratio | 0.70% | 0.50% |
| Assets | $8.4M | $62M |
| Average daily dollar volume | $33K | $363K |
| Listed | Apr 19, 2022 | Oct 25, 2019 |
| FrenzyCap score | 20 | 40 |
| 1-month return | −2.3% | +1.9% |
| 3-month return | +6.3% | +6.2% |
| Year to date | +16.8% | −7.8% |
| 1-year return | +12.1% | −16.2% |
| 30-day volatility | 19.0% | 18.5% |
| Worst drawdown, 1 year | −18.1% | −28.3% |
| Trailing 12-month yield | 0.64% | 1.68% |
| Holdings | 44 | 44 |
| Top 10 weight | 33.3% | 59.0% |
| Look-through P/E | 43.1 | — |
| Holdings vs fair value | +7.8% | — |
| Holdings above 200-day average | 72% | — |
| Net flow, latest 3 reported months | −$2.7M thru Jun 2026 | −$17M thru May 2026 |
| 30-day implied volatility | 24.1% | 23.5% |
| Holdings as of | as of Oct 23, 2026issuer data | as of Oct 26, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
26% of ARVR · 47% of HERO
Sector mix of the stock holdings
| Sector | ARVR | HERO | Gap |
|---|---|---|---|
| Technology | 55.5% | 28.1% | +27.4% |
| Communication Services | 2.9% | 0.0% | +2.9% |
| Health Care | 1.4% | 0.0% | +1.4% |
More: full overlap table · ARVR holdings · HERO holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.