Global X Video Games & Esports ETF (HERO)
Summary
HERO Chart
HERO: Gaming Industry Has A Favorable Momentum
HERO ETF offers investors an opportunity to benefit from companies in the video game industry. The prospects of the industry are improving thanks to the structural changes and the in-game monetization approach. I am rating HERO with a Buy rating, as the market is expected to see a favorable tailwind from cloud gaming, artificial intelligence, and AR/VR technologies.
HERO: Falling Short Of Its Core Objectives
HERO is a hold due to its inability to capture high-growth, innovative, and paradigm-shifting gaming companies, lagging behind peers like ESPO. The ETF's top holdings—Electronic Arts, Nintendo, and Konami—demonstrate weak growth, minimal innovation, and a lack of transformative breakthroughs. HERO's performance, high fees, and low dividend yield make it less attractive compared to peer gaming ETFs, especially ESPO.
Why HERO, TTWO, AND RBLX are Must-Buy Stocks Today
The company recently posted 21% year-over-year revenue growth to $1.1 billion.
Global X Video Games & Esports ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,163 | $29,923.99 | $29,051.74 | -$872.25 | -2.91% |
 Candace Cavalier Congress Wealth Management LLC / DE / | 19,026 | $622,720.98 | $475,269.48 | -$147,451.5 | -23.68% |
 Michael Byun SageView Advisory Group LLC | 11 | $341 | $273.88 | -$67.12 | -19.68% |
 Christopher C. Powers Farther Finance Advisors, LLC | 4,810 | $148,029.75 | $120,153.8 | -$27,875.95 | -18.83% |
 Kevin Bresler TD Waterhouse Canada Inc. | 650 | $16,419 | $16,295.5 | -$123.5 | -0.75% |
Global X Video Games & Esports ETF (HERO) FAQ
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Global X Video Games & Esports ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company is primarily focused on investing in the rapidly growing sector of video games and esports. It operates a fund that dedicates at least 80% of its total assets towards securities that are directly related to this industry. This includes investments in both the securities present in their underlying index along with American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on these securities. The objective is to leverage the growing consumption and increased global interest in video games and esports by investing in companies likely to benefit from this trend. The fund is characterized as non-diverse, focusing heavily on a specific sector to offer specialized investment opportunities related to the burgeoning esports and video game market.
Products and Services
- Securities Investment
The fund invests a significant portion of its assets in securities that are involved in the video game and esports sectors. This includes equity in companies that either develop, publish, or distribute video games, as well as companies that produce hardware or provide services closely linked to gaming and esports. The strategy is to select securities from an underlying index that captures the growth potential of the industry.
- American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs)
In addition to direct investments in securities, the fund expands its scope internationally by investing in ADRs and GDRs. These instruments allow the fund to hold shares in foreign companies that play pivotal roles in the video game and esports ecosystems. It provides investors with a diversified geographical exposure, capitalizing on the global nature of the video game market while mitigating the risks associated with direct investment in foreign markets.
