GGME
Invesco Next Gen Media and Gaming ETF
Invesco Dynamic Media Portfolio seeks investment results that correspond to the price and yield of the Dynamic Media Intellidex Index, a fundamentally-weighted index. Securities shown to po
US
EQUITY
Rules-Based
MANAGEMENT STYLE
60 bp
EXPENSES
$36.6 M
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | Invesco PowerShares |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 23, 2005 |
| Assets (mns) | $37 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 8.5 % |
| NETFLIX INC | 7.9 % |
| META PLATFORMS INC | 7.7 % |
| NVIDIA CORP | 7.4 % |
| QUALCOMM INC | 7.0 % |
| ADOBE SYSTEMS INC | 5.5 % |
| NINTENDO CO LTD | 4.5 % |
| ADVANCED MICRO DEVICES | 4.3 % |
| MEDIATEK INC | 4.1 % |
| AUTODESK INC | 3.6 % |
Constituent Breakdown
| Number of holdings | 79 |
| Herfindahl-Hirschman Index | 472 |
| Wgt avg mkt cap (mns) | $498,353 |
| Large cap (>$10bn) | 93.7% |
| Mid cap ($2-10bn) | 4.3% |
| Small cap (<$2bn) | 2.0% |
| Developed mkts. | 91.9% |
| Emerging mkts. | 8.2% |
Country Exposure
 |
UNITED STATES | 73.3 % |
 |
JAPAN | 6.7 % |
 |
TAIWAN | 4.4 % |
 |
CHINA | 3.8 % |
 |
LUXEMBOURG | 3.1 % |
 |
FRANCE | 2.1 % |
 |
AUSTRALIA | 1.6 % |
 |
SWEDEN | 1.5 % |
 |
SOUTH KOREA | 0.9 % |
 |
SWITZERLAND | 0.8 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 20.9% | 52.0% | 26.2% | -1.2% | 10.6% | 8.2% | 7.6% | Volatility | 20.2% | 19.0% | 24.3% | 24.6% | 26.6% | 21.9% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.24 | 77% |
| MSCI EAFE | 1.17 | 64% |
| MSCI Emg Mkts | 0.95 | 43% |
Liquidity Measures
| Avg. volume (000) | 7 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.33% |
| ADV of underlying (mns) | $89,310 |
Technical Indicators
| Recent close | $45.09 |
| 30d moving avg. | $47.81 |
| Annualized volatility | 25.7% |
| Relative strength (RSI) | 63 |
| Short interest (ETF) | 0.7% |
| Short interest (underlying) | 8.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GGME |
Expenses vs. GGME |
ALTAR Score™ vs. GGME |
|---|---|---|---|---|
| FMET | Fidelity Metaverse ETF | 45.2% | -21 bp | +1.2% |
| IGPT | Invesco AI and Next Gen Software ETF | 38.8% | 0 bp | +0.4% |
| ARVR | First Trust Indxx Metaverse ETF | 37.9% | +10 bp | -2.2% |
| METV | Roundhill Ball Metaverse ETF | 37.6% | -1 bp | -0.5% |
| BNGE | First Trust S-Network Streaming and Gaming ETF | 34.3% | +10 bp | -6.0% |
| IGM | iShares Expanded Tech Sector ETF | 34.2% | -19 bp | +0.7% |
| IVRS | iShares Future Metaverse Tech and Communications ETF | 31.2% | -13 bp | -7.8% |
| PNQI | Invesco NASDAQ Internet ETF | 30.8% | 0 bp | -1.3% |
| SNPG | Xtrackers S&P 500 Growth ESG ETF | 28.2% | -45 bp | +0.9% |
| TECB | iShares U.S. Tech Breakthrough Multisector ETF | 28.1% | -20 bp | +0.4% |
Risk and Returns: GGME 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 7/25/2024
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
GGME
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 Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
GGME
3.9%
Cat. Avg
5.7%
Fund Category: US
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 3.9% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 899 funds in the US category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. GGME's ALTAR Score™ is approximately
0.8 standard deviations
below
the category average. This places GGME in the 22nd percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
GGME
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| GGME (60 bp) Percentile rank | 66 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| GGME | 60.0 | 33.0 | 93 |
| Peer Avg. | 44.3 | 17.3 | 61.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .