VanEck Digital Native Economy ETF (GENZ)
Summary
GENZ Chart
VanEck Digital Native Economy ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| VI Vincent Incerto LaSalle St. Investment Advisors LLC | 6,000 | $224,520 | $211,860 | -$12,660 | -5.64% |
VanEck Digital Native Economy ETF (GENZ) FAQ
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VanEck Digital Native Economy ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is focused on investment in the gaming industry, committing at least 80% of its assets to securities within its benchmark index. This index is specifically tailored to companies heavily involved in gaming, including a wide range of activities and services from casinos and sports betting, to lottery services. The unique criterion for inclusion in this index demands that companies generate a majority of their revenue—over 50%—from gaming-related activities. Reflecting its specialized investment focus, the fund is non-diversified, channeling its assets into a concentrated portfolio of gaming securities.
Products and Services
- Gaming Industry Securities Investment
- Gaming Technology and Equipment
- Non-Diversified Investment Approach
Specializing in the gaming sector, the fund invests in companies engaging in casinos and casino hotels, sports betting, internet gambling, racetracks, lottery services, and related areas. These investments are chosen to closely align with the fund’s benchmark index, prioritizing firms deriving at least half of their income from gaming.
The portfolio extends to companies innovating in gaming technology and producing gaming equipment. This includes manufacturers and developers of physical and digital gaming systems, ensuring the fund captures growth across the spectrum of gaming infrastructure.
By focusing on a specific segment of the market, the fund maintains a non-diversified status. This strategy allows for targeted investments in the gaming sector, potentially yielding higher returns from a specialized but dynamic global industry.
