GGME

Invesco Next Gen Media and Gaming ETF

$61.86
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco Next Gen Media and Gaming ETF (GGME) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq CTA Next Gen Media and Gaming Index.

Overview

ETF tracking Invesco Next Gen Media and Gaming ETF

Issuer Invesco
Inception Date 2008-11-03
Market Cap $154.0M
Average Volume N/A
Dividend Yield 0.17%
52-Week Range $43.31 - $65.92
VWAP $62.01

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Invesco Next Gen Media and Gaming ETF (GGME) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq CTA Next Gen Media and Gaming Index.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are engaged in the media and gaming industries, with a focus on emerging and innovative technologies and business models. The fund uses a passive, full-replication approach to track the index.

✨ Key Features

  • Exposure to companies involved in media, entertainment, and gaming industries
  • Emphasis on next-generation and disruptive technologies in these sectors
  • Passively managed fund that seeks to track the Nasdaq CTA Next Gen Media and Gaming Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry sector
  • Volatility risk as the media and gaming industries can be subject to rapid changes and disruption
  • Liquidity risk due to the potentially limited trading volume of some holdings
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The Invesco Next Gen Media and Gaming ETF may be suitable for investors seeking exposure to the media and gaming industries, particularly those with a higher risk tolerance and a long-term investment horizon. It may be appropriate as a satellite holding within a diversified portfolio.