ARVR vs. NFTY
ARVR (First Trust Indxx Metaverse ETF) and NFTY (First Trust India NIFTY 50 Equal Weight ETF) are both exchange-traded funds - ARVR is a Technology Equities fund tracking the Indxx Metaverse Index - Benchmark TR Net, while NFTY is a India Equities fund tracking the NIFTY 50 Equal Weight Index. Both are passively managed. Over the past 3 years, ARVR returned 20.83%/yr vs 6.43%/yr for NFTY. Their 0.40 correlation means their historical movements had little consistent relationship. ARVR charges 0.70%/yr vs 0.80%/yr for NFTY.
Performance
ARVR vs. NFTY - Performance Comparison
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Returns By Period
In the year-to-date period, ARVR achieves a 11.94% return, which is significantly higher than NFTY's -5.08% return.
ARVR
- 1D
- 1.43%
- 1M
- -1.71%
- 6M
- 11.77%
- YTD
- 11.94%
- 1Y
- 20.48%
- 3Y*
- 20.83%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.90%
NFTY
- 1D
- 0.88%
- 1M
- 1.75%
- 6M
- -5.04%
- YTD
- -5.08%
- 1Y
- -1.61%
- 3Y*
- 6.43%
- 5Y*
- 5.70%
- 10Y*
- 7.54%
- ALL TIME*
- 6.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.59K | $9.90K | $34.86K | |
| $2.50M | $1.73M | $1.67M |
ARVR vs. NFTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 11.94% | 29.07% | 10.11% | 43.39% | -17.45% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | -5.08% | 5.47% | 5.18% | 24.00% | -1.47% |
Correlation
The correlation between ARVR and NFTY is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2022 | 0.40 |
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Return for Risk
ARVR vs. NFTY — Risk / Return Rank
ARVR
NFTY
ARVR vs. NFTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Metaverse ETF (ARVR) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). 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 | NFTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.99 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | -0.10 | +1.26 |
| Martin ratioReturn relative to average drawdown | 3.29 | -0.23 | +3.52 |
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Drawdowns
ARVR vs. NFTY - Drawdown Comparison
The maximum ARVR drawdown since its inception was -26.40%, smaller than the maximum NFTY drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for ARVR and NFTY.
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Drawdown Indicators
| ARVR | NFTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.40% | -47.67% | +21.27% |
Max Drawdown (1Y)Largest decline over 1 year | -17.73% | -16.14% | -1.59% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -21.55% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.67% | — |
Current DrawdownCurrent decline from peak | -6.44% | -13.23% | +6.79% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -9.65% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.25% | 6.99% | -0.74% |
Volatility
ARVR vs. NFTY - Volatility Comparison
First Trust Indxx Metaverse ETF (ARVR) has a higher volatility of 6.56% compared to First Trust India NIFTY 50 Equal Weight ETF (NFTY) at 3.57%. This indicates that ARVR's price experiences larger fluctuations and is considered to be riskier than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARVR | NFTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 3.57% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 18.26% | 12.74% | +5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.24% | 14.87% | +7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.74% | 17.41% | +6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 20.65% | +3.09% |
ARVR vs. NFTY - Expense Ratio Comparison
ARVR has a 0.70% expense ratio, which is lower than NFTY's 0.80% expense ratio.
Dividends
ARVR vs. NFTY - Dividend Comparison
ARVR's dividend yield for the trailing twelve months is around 0.67%, less than NFTY's 1.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARVR First Trust Indxx Metaverse ETF | 0.67% | 0.53% | 0.81% | 0.11% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFTY First Trust India NIFTY 50 Equal Weight ETF | 1.87% | 1.24% | 1.61% | 0.13% | 5.89% | 1.53% | 0.61% | 0.97% | 0.00% | 4.10% | 3.28% | 4.39% |
Frequently Asked Questions
ARVR and NFTY have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARVR has higher volatility (6.56%) compared to NFTY (3.57%). In terms of maximum drawdown, ARVR dropped -26.40% vs NFTY's -47.67%.
On 3-year performance, ARVR leads with 20.83% vs 6.43% for NFTY. On fees, ARVR is cheaper at 0.70% per year. On volatility, NFTY has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ARVR has performed better with a 20.83% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARVR is cheaper with a 0.70% expense ratio, compared with 0.80% for NFTY.
NFTY has the higher dividend yield at 1.87%, compared with 0.67% for ARVR.
ARVR is categorized as Technology Equities, while NFTY is India Equities. ARVR tracks Indxx Metaverse Index - Benchmark TR Net, while NFTY tracks NIFTY 50 Equal Weight Index. Their fees differ too: 0.70% for ARVR and 0.80% for NFTY.
ARVR currently has the higher Sharpe Ratio (0.93 vs -0.11), 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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