First Trust Indxx Metaverse ETF (ARVR) belongs to the Technology Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ARVR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ARVR
ARVR charges 0.70% annually. There are 128 ETFs in the Technology Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | 0.08% | 21.38B | Oct 2013 | ARVR vs FTEC | |
| State Street Technology Select Sector SPDR ETF | 0.08% | 130.33B | Dec 1998 | ARVR vs XLK | |
| Vanguard Information Technology ETF | 0.09% | 170.10B | Mar 2004 | ARVR vs VGT | |
| Vaneck Technology Trusector ETF | 0.13% | 160.81M | Aug 2025 | ARVR vs TRUT | |
| Global X PureCap MSCI Information Technology ETF | 0.15% | — | Jul 2025 | ARVR vs GXPT |
Best Risk-Adjusted Alternatives to ARVR
ARVR has a PortfoliosLab risk / return rank of 31. There are 91 ETFs in the Technology Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Semiconductor Select Equity ETF | 96 | 115.48M | Jul 2023 | ARVR vs CHPS | |
| First Trust Nasdaq Semiconductor ETF | 96 | 2.89B | Sep 2016 | ARVR vs FTXL | |
| VistaShares Artificial Intelligence Supercycle ETF | 96 | 574.75M | Dec 2024 | ARVR vs AIS | |
| Invesco Semiconductors ETF | 96 | 2.92B | Jun 2005 | ARVR vs PSI | |
| iShares Semiconductor ETF | 95 | 46.67B | Jul 2001 | ARVR vs SOXX |
Top Performing ARVR Alternatives (YTD)
ARVR is at 13.47% YTD. There are 107 ETFs in the Technology Equities category with higher YTD returns, going as high as 187.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| STMicroelectronics NV ADRhedged | 187.72% | 7.89M | Mar 2025 | ARVR vs STHH | |
| Invesco Semiconductors ETF | 116.16% | 2.92B | Jun 2005 | ARVR vs PSI | |
| Direxion Daily Semiconductors Top 5 Bull 2X Shares | 113.38% | 17.13M | Sep 2025 | ARVR vs TSXU | |
| VistaShares Artificial Intelligence Supercycle ETF | 113.37% | 574.75M | Dec 2024 | ARVR vs AIS | |
| First Trust Nasdaq Semiconductor ETF | 111.02% | 2.89B | Sep 2016 | ARVR vs FTXL |
Lowest Volatility Alternatives to ARVR
ARVR has 21.41% 1-year volatility. There are 27 ETFs in the Technology Equities category with lower 1-year volatility, going as low as 13.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | 13.55% | 128.06M | Nov 2023 | ARVR vs CRTC | |
| Clockwise Core Equity & Innovation ETF | 13.98% | 19.49M | Jan 2022 | ARVR vs TIME | |
| Global X AgTech & Food Innovation ETF | 16.19% | 9.03M | Jul 2021 | ARVR vs KROP | |
| Goldman Sachs ETF Trust Goldman Sachs Innovate Equ... | 16.57% | 205.59M | Nov 2020 | ARVR vs GINN | |
| iShares Future Exponential Technologies ETF | 17.32% | 3.95B | Mar 2015 | ARVR vs XT |
Lowest Drawdown Alternatives to ARVR
ARVR has a 1-year max drawdown of -17.73%. There are 68 ETFs in the Technology Equities category with shallower 1-year drawdowns, going as shallow as -9.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Digital Infrastructure and Real Estat... | -9.02% | 452.26M | Jul 2001 | ARVR vs IDGT | |
| Xtrackers US National Critical Technologies ETF | -9.05% | 128.06M | Nov 2023 | ARVR vs CRTC | |
| Gabelli Global Technology Leaders ETF | -9.20% | 7.50M | Jan 2022 | ARVR vs GGTL | |
| ProShares S&P Technology Dividend Aristocrats ETF | -9.55% | 285.24M | Nov 2019 | ARVR vs TDV | |
| iShares Future Exponential Technologies ETF | -10.45% | 3.95B | Mar 2015 | ARVR vs XT |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With ARVR
Investors most often compare ARVR with SPMO, VYMI, SPY. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare ARVR with Any Fund or Stock
Compare ARVR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ARVR with funds that move differently
First Trust Indxx Metaverse ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ARVR.
Explore ARVR Diversifiers