HERO
Global X Video Games & Esports ETF
HERO tracks a modified market-cap-weighted global index of companies in video games and esports industry.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
104.9 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | Global X |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 25, 2019 |
| Assets (mns) | $105 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ROBLOX CORP. CLASS A | 7.6 % |
| TAKE-TWO INTERACTIVE SOFTWRE | 7.1 % |
| ELECTRONIC ARTS INC | 6.6 % |
| INTERNATIONAL GAMES SYSTEM C | 6.1 % |
| NINTENDO CO LTD | 5.8 % |
| NETEASE.COM INC-ADR | 5.5 % |
| KONAMI CORP | 5.5 % |
| BILIBILI, INC. SPONSORED ADR CLASS Z | 5.3 % |
| CAPCOM CO LTD | 5.0 % |
| KRAFTON, INC. | 4.7 % |
Constituent Breakdown
| Number of holdings | 43 |
| Herfindahl-Hirschman Index | 455 |
| Wgt avg mkt cap (mns) | $15,832 |
| Large cap (>$10bn) | 45.1% |
| Mid cap ($2-10bn) | 40.3% |
| Small cap (<$2bn) | 14.6% |
| Developed mkts. | 67.8% |
| Emerging mkts. | 32.2% |
Country Exposure
 |
JAPAN | 29.4 % |
 |
UNITED STATES | 27.2 % |
 |
SOUTH KOREA | 13.0 % |
 |
CHINA | 13.0 % |
 |
TAIWAN | 7.0 % |
 |
SWEDEN | 3.9 % |
 |
POLAND | 3.3 % |
 |
FRANCE | 1.8 % |
 |
ISRAEL | 0.8 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 13.5% | 27.1% | 14.8% | -7.6% | -- | -- | 9.4% | Volatility | 21.0% | 20.9% | 22.3% | 24.9% | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.01 | 66% |
| MSCI EAFE | 1.00 | 67% |
| MSCI Emg Mkts | 1.06 | 74% |
Liquidity Measures
| Avg. volume (000) | 32 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.36% |
| ADV of underlying (mns) | $2,394 |
Technical Indicators
| Recent close | $23.47 |
| 30d moving avg. | $23.58 |
| Annualized volatility | 21.5% |
| Relative strength (RSI) | 54 |
| Short interest (ETF) | 1.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. HERO |
Expenses vs. HERO |
ALTAR Score™ vs. HERO |
|---|---|---|---|---|
| NERD | Roundhill Video Games ETF | 57.2% | 0 bp | +2.8% |
| GAMR | Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T | 56.6% | +25 bp | +0.1% |
| ESPO | VanEck Video Gaming and eSports ETF | 52.8% | +6 bp | -0.9% |
| OND | ProShares On-Demand ETF | 31.9% | +8 bp | -6.6% |
| BNGE | First Trust S-Network Streaming and Gaming ETF | 29.3% | +20 bp | -7.9% |
| ODDS | Pacer BlueStar Digital Entertainment ETF | 26.6% | +10 bp | -2.2% |
| ARVR | First Trust Indxx Metaverse ETF | 26.1% | +20 bp | -3.7% |
| IVRS | iShares Future Metaverse Tech and Communications ETF | 24.5% | -3 bp | -9.3% |
| BWEB | Bitwise Web3 ETF | 20.2% | +35 bp | -3.7% |
| METV | Roundhill Ball Metaverse ETF | 19.6% | +9 bp | -1.1% |
Risk and Returns: HERO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
HERO
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
HERO
4.4%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 376 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
4.7%. HERO's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places HERO in the 53rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
HEROSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| HERO (50 bp) Percentile rank | 39 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| HERO | 50.0 | 36.2 | 86.2 |
| Peer Avg. | 57.2 | 40.4 | 97.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .