ProShares Trust - ProShares Metaverse ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across information technology, software and services, IT services, data processing and outsourced services, software, application software, multimedia software, virtual reality software, system software, software research, artificial intelligence software, technology hardware and equipment, metaverse sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Metaverse Theme Index, by using full replication technique. The fund does not invest in stocks of companies operating across major pharmaceuticals, other pharmaceuticals, original equipment manufacturer auto parts, major telecommunications, specialty telecommunications, wireless telecommunications, and food retail sectors. ProShares Trust - ProShares Metaverse ETF was formed on March 15, 2022 and is domiciled in the United States.