IVRS (iShares Future Metaverse Tech and Communications ETF) was mentioned in a Morningstar article published December 17, 2024, regarding ETF capital gains distributions. According to the article, less than 4% of the approximately 1,800 ETFs surveyed are projected to distribute capital gains in 2024, with most of those distributions expected to be less than 1% of the fund's net asset value. The article notes that ETFs remain more tax-efficient than mutual funds. The survey examined over 15 ETF firms including iShares, Vanguard, and State Street. The article states that sector and international stock ETFs were most likely to estimate capital gains distributions greater than 1% of their net asset value. Most ETFs expected to distribute gains were launched within the past two years.
Read full analysisIVRS (iShares Future Metaverse Tech and Communications ETF) was mentioned in a Morningstar article published December 17, 2024, regarding ETF capital gains distributions. According to the article, less than 4% of the approximately 1,800 ETFs surveyed are projected to distribute capital gains in 2024, with most of those distributions expected to be less than 1% of the fund's net asset value. The article notes that ETFs remain more tax-efficient than mutual funds. The survey examined over 15 ETF firms including iShares, Vanguard, and State Street. The article states that sector and international stock ETFs were most likely to estimate capital gains distributions greater than 1% of their net asset value. Most ETFs expected to distribute gains were launched within the past two years.
IVRS is an iShares ETF that tracks companies involved in metaverse-related technologies, spanning semiconductors, communication services, and tech infrastructure. Its holdings are concentrated in growth-oriented tech names, giving it higher beta than broad benchmarks like XLK — though recent sessions have been defined by thin volume and outsized swings rather than directional conviction. Today's flat performance amid a broad tech rally underscores the fund's disconnect from sector momentum.