The Hashdex Metaverse ETF (META11) is a Brazilian exchange-traded fund designed to track the performance of the CF Digital Culture Composite Index – Modified Market Cap Weight – BRT, commonly referred to as the CF Digital Culture Index. Managed by Hashdex, the ETF trades on the B3 and provides Brazilian investors with indirect exposure to global companies driving the development of the metaverse and the broader digital economy.

Classified as an international thematic equity ETF, META11 follows a passive management strategy. Rather than investing directly in individual stocks, the fund primarily invests in shares of an underlying international ETF or equivalent investment vehicles that seek to replicate the performance of its benchmark.

The underlying index tracks companies involved in technologies that support immersive digital experiences and the evolution of virtual environments. These include businesses operating in areas such as virtual and augmented reality, blockchain infrastructure, gaming, cloud computing, semiconductors, digital platforms, artificial intelligence, and next-generation internet technologies.

Composition / Exposure Profile

META11 provides exposure primarily to:

• Global technology companies.

• Businesses associated with the metaverse ecosystem.

• Virtual and augmented reality technologies.

• Blockchain and digital infrastructure.

• Semiconductor and cloud computing companies.

• Digital platforms and interactive entertainment.

• International thematic equity markets.

The ETF seeks to capture the long-term growth potential of companies positioned to benefit from the expansion of digital ecosystems and immersive technologies. Its benchmark uses a modified market capitalization weighting methodology while maintaining diversified exposure across multiple industries that contribute to the development of the digital economy.

Because of its thematic focus, the fund's performance is largely influenced by the technology sector, innovation cycles, capital spending on digital infrastructure, investor sentiment toward growth stocks, regulatory developments, and broader macroeconomic conditions affecting global equity markets.

Structure and Costs

META11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption are carried out by authorized participants, helping to keep the ETF's market price aligned with its net asset value (NAV).

The fund charges a management fee, in addition to the fees and operating expenses associated with the underlying international investment vehicles in which it invests.

META11 does not charge a performance fee and does not make recurring income distributions. Dividends and other proceeds generated by the underlying investments are automatically reinvested into the fund. The ETF has an indefinite term.

History and Evolution of the ETF

The Hashdex Metaverse ETF was launched to provide Brazilian investors with convenient access to one of the fastest-growing segments of the global technology industry through the Brazilian stock exchange.

Since its inception, META11 has become part of the expanding range of thematic ETFs available on the B3, reflecting growing investor interest in emerging technologies and the digital transformation of the global economy. 

Over time, the fund's performance has closely mirrored developments across the technology sector and digital asset ecosystem, influenced by innovation trends, macroeconomic conditions, interest-rate expectations, regulatory changes, and the pace of adoption of immersive digital technologies.

Additional Information

Hashdex Metaverse ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $8.15 million.

Over the past 12 months, Hashdex Metaverse ETF recorded a return of -66.06%, with its price trading between $6.00 and $30.40 during the same period.

The ETF is traded under the ticker META11.