ARVR vs. IDGT
ARVR (First Trust Indxx Metaverse ETF) and IDGT (iShares U.S. Digital Infrastructure and Real Estate ETF) are both Technology Equities funds - ARVR tracks the Indxx Metaverse Index - Benchmark TR Net while IDGT tracks the S&P Data Center, Tower REIT and Communications Equipment Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, ARVR returned 22.77%/yr vs 23.42%/yr for IDGT. A 0.71 correlation means they provide meaningful diversification when combined. ARVR charges 0.70%/yr vs 0.41%/yr for IDGT.
Performance
ARVR vs. IDGT - Performance Comparison
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Returns By Period
In the year-to-date period, ARVR achieves a 13.47% return, which is significantly lower than IDGT's 43.60% return.
ARVR
- 1D
- -4.16%
- 1M
- -0.36%
- YTD
- 13.47%
- 6M
- 13.55%
- 1Y
- 23.99%
- 3Y*
- 22.77%
- 5Y*
- —
- 10Y*
- —
IDGT
- 1D
- -1.55%
- 1M
- -2.30%
- YTD
- 43.60%
- 6M
- 42.11%
- 1Y
- 48.50%
- 3Y*
- 23.42%
- 5Y*
- 11.46%
- 10Y*
- 14.21%
ARVR vs. IDGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 13.47% | 29.07% | 10.11% | 43.39% | -17.45% |
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF | 43.60% | 6.79% | 26.71% | -6.09% | -0.86% |
Correlation
The correlation between ARVR and IDGT is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2022 | 0.71 |
The correlation between ARVR and IDGT has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.
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Return for Risk
ARVR vs. IDGT — Risk / Return Rank
ARVR
IDGT
ARVR vs. IDGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ARVR | IDGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.39 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 5.40 | -4.04 |
| Martin ratioReturn relative to average drawdown | 4.05 | 15.27 | -11.22 |
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Drawdowns
ARVR vs. IDGT - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum IDGT drawdown of -77.95%. Use the drawdown chart below to compare losses from any high point for ARVR and IDGT.
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Drawdown Indicators
| ARVR | IDGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -77.95% | +51.55% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | -9.02% | -8.71% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -23.74% | +2.28% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.88% | — |
Current DrawdownCurrent decline from peak | -5.16% | -8.16% | +3.00% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -19.88% | +14.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.93% | 3.19% | +2.74% |
Volatility
ARVR vs. IDGT - Volatility Comparison
First Trust Indxx Metaverse ETF (ARVR) has a higher volatility of 10.82% compared to iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) at 8.63%. This indicates that ARVR's price experiences larger fluctuations and is considered to be riskier than IDGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARVR | IDGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.82% | 8.63% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 17.60% | 17.70% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.41% | 21.47% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.78% | 23.36% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.78% | 23.32% | +0.46% |
ARVR vs. IDGT - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is higher than IDGT's 0.41% expense ratio.
Dividends
ARVR vs. IDGT - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.47%, less than IDGT's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.47% | 0.53% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF | 0.75% | 1.17% | 1.64% | 0.37% | 0.30% | 0.28% | 0.60% | 0.42% | 0.65% | 0.57% | 0.75% | 0.72% |
Frequently Asked Questions
ARVR and IDGT have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARVR has higher volatility (10.82%) compared to IDGT (8.63%). In terms of maximum drawdown, ARVR dropped -26.40% vs IDGT's -77.95%.
On 3-year performance, IDGT leads with 23.42% vs 22.77% for ARVR. On fees, IDGT is cheaper at 0.41% per year. On volatility, IDGT has been the lower-risk option at 8.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IDGT has performed better with a 23.42% return vs 22.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDGT is cheaper with a 0.41% expense ratio, compared with 0.70% for ARVR.
IDGT has the higher dividend yield at 0.75%, compared with 0.47% for ARVR.
ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while IDGT tracks S&P Data Center, Tower REIT and Communications Equipment Index - Benchmark TR Gross. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.70% for ARVR and 0.41% for IDGT.
IDGT currently has the higher Sharpe Ratio (2.28 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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