VERS | ProShares Metaverse ETF

VERS ISSUER

The ProShares Trust, as the issuer of the VERS (Virtual Economy and Metaverse ETF) seeks to mirror the performance of the Index, comprised of companies deeply entrenched in the emerging Metaverse industry. This industry encompasses firms involved in various aspects of Metaverse technology, platforms, devices, interchange standards, and data processing. The Index, maintained by Solactive AG, selects companies based on their substantial exposure to Metaverse-related operations, with a focus on those deriving at least 50% of their revenues from such activities. To ensure diversification, a modified equal-weight approach is applied, with additional weight given to top-ranking companies and a 4.5% weight cap imposed on individual constituents. The Index excludes companies from certain industries and is reconstituted semiannually. The Fund, under normal circumstances, invests at least 80% of its assets in component securities of the Index or similar instruments, employing a replication strategy to mimic Index composition or representative sampling in certain situations where full replication isn't feasible or advantageous.

VERS DIVIDEND

As an ETF focused on tracking the performance of the Index comprised of Metaverse-related companies, the ProShares Trust's VERS (Virtual Economy and Metaverse ETF) may distribute dividends to its investors. The dividends distributed by VERS are typically derived from the dividends received from the component securities within the ETF's portfolio. Since VERS invests primarily in equity securities, such as common stocks issued by public companies, any dividends received from these securities may be passed on to investors in the form of dividend distributions. However, the specific dividend amount and frequency can vary depending on factors such as the dividend policies of the underlying companies, the overall performance of the ETF, and market conditions. Investors in VERS should consult the fund's prospectus or contact the fund manager for detailed information regarding dividend distributions and related policies.

VERS TRACKING

The ProShares Trust's VERS (Virtual Economy and Metaverse ETF) aims to closely track the performance of its underlying index, which comprises companies deeply involved in the Metaverse industry. To achieve this tracking objective, VERS utilizes various strategies. Primarily, it employs a replication strategy, wherein it invests in all of the component securities of the index in approximately the same proportion as the index itself. This approach ensures that the ETF's performance mirrors that of the underlying index as closely as possible. However, in certain situations where full replication isn't feasible or advantageous, VERS may opt for a representative sampling strategy. This involves investing in a representative sample of securities from the index or in securities not contained in the index but possessing similar characteristics. By employing these strategies, VERS endeavors to provide investors with returns consistent with the performance of the Metaverse industry as reflected by its underlying index. Investors should review the fund's prospectus for detailed information on its tracking methods and associated risks.

VERS CORRELATION

The correlation of VERS (Virtual Economy and Metaverse ETF) refers to its relationship with various market indices or assets and is indicative of how closely its performance moves in tandem with them. Given VERS's focus on tracking the performance of the Metaverse industry, its correlation may be influenced by factors such as technological advancements, consumer behavior shifts, and overall market sentiment toward the sector. Typically, VERS would exhibit a high correlation with indices or assets directly related to the technology sector, virtual reality, augmented reality, and other components of the Metaverse. However, its correlation with broader market indices may vary depending on factors like sector rotation, market cycles, and economic conditions. Investors interested in understanding VERS's correlation should analyze its historical performance relative to relevant indices and assets and consider consulting financial experts for a comprehensive assessment.

VERS SECTOR

The sector focus of VERS (Virtual Economy and Metaverse ETF) revolves around companies deeply entrenched in the Metaverse industry. This industry encompasses a variety of sectors and segments related to virtual and augmented reality technologies, digital environments, artificial intelligence, and advanced computing. Companies included in VERS may operate in sectors such as technology hardware and equipment, software development, online gaming, social networking platforms, e-commerce, virtual marketplaces, data processing services, and more. Essentially, VERS seeks exposure to firms contributing to the development, infrastructure, operation, and utilization of the Metaverse. Therefore, the sector allocation of VERS is predominantly centered around technology and innovation, with a specific focus on companies shaping the future of virtual experiences and digital interactions within the Metaverse landscape. Investors interested in VERS should examine its holdings and prospectus for detailed information on its sector allocations and investment strategy.

VERS EXPOSURE

The exposure provided by VERS (Virtual Economy and Metaverse ETF) is primarily centered on companies deeply involved in the development, operation, and utilization of the Metaverse. This exposure encompasses various aspects of the Metaverse industry, including but not limited to technology infrastructure, virtual and augmented reality technologies, digital environments, artificial intelligence, and advanced computing. VERS offers investors access to companies that produce Metaverse technology, develop non-physical virtual environments and platforms, manufacture devices for accessing the Metaverse, set interchange standards, and provide data processing services crucial for the functioning of the Metaverse. By investing in VERS, investors gain exposure to firms at the forefront of innovation, shaping the future of online interactions, gaming, e-commerce, social networking, and other virtual experiences within the emerging Metaverse landscape. It's essential for investors to review VERS's holdings and prospectus for a detailed understanding of the specific companies and sectors in which the ETF provides exposure.