- ISIN
- US46436E2476
- Issuer
- iShares
- Inception Date
- Feb 14, 2023
- Region
- Global (Broad)
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Morningstar Global Metaverse & Virtual Interaction Select Index - Benchmark TR Net
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $8M
Share Price Chart
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Performance
IVRS Performance Chart
iShares Future Metaverse Tech And Communications ETF (IVRS) is down 7.5% since the beginning of the year. IVRS is currently trading at $32 per share.
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Returns By Period
iShares Future Metaverse Tech And Communications ETF (IVRS) has returned -7.45% so far this year and -4.33% over the past 12 months.
iShares Future Metaverse Tech And Communications ETF
- 1D
- -1.51%
- 1M
- -3.08%
- YTD
- -7.45%
- 6M
- -9.66%
- 1Y
- -4.33%
- 3Y*
- 8.58%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IVRS Monthly Returns History
Based on dividend-adjusted daily data since Feb 16, 2023, IVRS's average daily return is +0.05%, while the average monthly return is +1.02%. At this rate, an investment would double in approximately 5.7 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +12.7%, while the worst month was Feb 2026 at -7.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IVRS closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +10.3%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.73% | -7.79% | -6.08% | 9.59% | 6.03% | -4.46% | -7.45% | ||||||
| 2025 | 3.72% | -0.45% | -4.30% | 1.91% | 6.02% | 7.17% | 5.93% | 4.58% | 2.54% | -5.78% | -4.87% | -3.21% | 12.75% |
| 2024 | -2.09% | 2.96% | 0.52% | -5.84% | 2.53% | 3.05% | -1.08% | 2.18% | 3.40% | -0.82% | 5.31% | -2.41% | 7.40% |
| 2023 | -5.04% | 10.21% | -2.17% | 7.18% | 5.17% | 5.29% | -5.88% | -4.21% | -1.52% | 12.74% | 5.36% | 28.15% |
Benchmark Metrics
iShares Future Metaverse Tech And Communications ETF has an annualized alpha of -8.16%, beta of 1.14, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since February 16, 2023.
- This ETF participated in 131.79% of S&P 500 Index downside but only 89.90% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -8.16% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.14 and R2 of 0.68, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -8.16%
- Beta
- 1.14
- R²
- 0.68
- Upside Capture
- 89.90%
- Downside Capture
- 131.79%
Expense Ratio
IVRS has an expense ratio of 0.47%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IVRS ranks 7 for risk / return — in the bottom 7% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Future Metaverse Tech And Communications ETF (IVRS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IVRS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.37 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 2.78 | -2.92 |
| Martin ratioReturn relative to average drawdown | -0.28 | 12.44 | -12.72 |
Dividends
Dividend History
iShares Future Metaverse Tech And Communications ETF provided a 8.65% dividend yield over the last twelve months, with an annual payout of $2.75 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $2.75 | $2.71 | $2.19 | $0.16 |
Dividend yield | 8.65% | 7.88% | 6.65% | 0.48% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Future Metaverse Tech And Communications ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.71 | $2.71 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.18 | $2.19 |
| 2023 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Future Metaverse Tech And Communications ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Future Metaverse Tech And Communications ETF was 31.43%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current iShares Future Metaverse Tech And Communications ETF drawdown is 20.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -31.43%Mar 2026 | 5mo 21d | — | 8mo 19dOct 2025 - now |
2025 selloff2025 | -19.14%Apr 2025 | 1mo 16d | 1mo 5d | 2mo 21dFeb 2025 - May 2025 |
2023 correction2023 | -13.51%Oct 2023 | 3mo 8d | 25d | 4mo 3dJul 2023 - Nov 2023 |
2024 correction2024 | -10.56%Aug 2024 | 23d | 1mo 18d | 2mo 11dJul 2024 - Sep 2024 |
2024 pullback2024 | -8.71%Apr 2024 | 2mo 3d | 2mo 22d | 4mo 25dFeb 2024 - Jul 2024 |
Drawdown Indicators
| IVRS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.43% | -56.78% | +25.35% |
Max Drawdown (1Y)Largest decline over 1 year | -31.43% | -9.10% | -22.33% |
Max Drawdown (3Y)Largest decline over 3 years | -31.43% | -18.90% | -12.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -20.39% | -1.80% | -18.59% |
Average DrawdownAverage peak-to-trough decline | -6.01% | -10.71% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.23% | 2.03% | +13.20% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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