HERO

Global X Video Games & Esports ETF

$31.66
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Global X Video Games & Esports ETF (HERO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Video Games & Esports Index.

Overview

ETF tracking Global X Video Games & Esports ETF

Issuer Other
Inception Date 2019-10-29
Market Cap $161.2M
Average Volume N/A
Dividend Yield 1.13%
52-Week Range $22.73 - $34.46
VWAP $31.68

Performance

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Investment Summary

📎 Investment Objective

The Global X Video Games & Esports ETF (HERO) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Video Games & Esports Index.

🎯 Investment Strategy

The ETF invests in companies that are positioned to benefit from the increased adoption and use of video games and esports, including game developers and publishers, streaming platforms, hardware manufacturers, and competitive esports teams and leagues.

✨ Key Features

  • Provides exposure to the growing video games and esports industry globally
  • Invests in a diversified portfolio of companies across the video games and esports value chain
  • Tracks the Solactive Video Games & Esports Index, which is designed to measure the performance of companies involved in the video games and esports industries
  • Relatively low expense ratio of 0.50%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific industry
  • Potential volatility due to the emerging and rapidly evolving nature of the video games and esports sectors
  • Currency risk for investors as the fund holds international securities
  • Liquidity risk as some of the underlying holdings may have lower trading volumes

👤 Best For

The Global X Video Games & Esports ETF may be suitable for investors seeking exposure to the growing video games and esports industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a longer-term investment horizon who believe in the long-term growth potential of this sector.