HERO

Global X Video Games & Esports ETF

HERO tracks a modified market-cap-weighted global index of companies in video games and esports industry.


Rules-Based, Concentrated

MANAGEMENT MATRIX

NERD

CLOSEST COMP

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorGlobal X
CategoryGlobal Equities
Asset classEquity
Websitelink...
Inception dateOct 25, 2019
Assets (mns)$131
Expense ratio50 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-annual
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
APPLOVIN CORP. CLASS A 8.6 %
NETEASE.COM INC-ADR 6.1 %
KRAFTON, INC. 5.6 %
NINTENDO CO LTD 5.2 %
ELECTRONIC ARTS INC 5.1 %
TAKE-TWO INTERACTIVE SOFTWRE 5.0 %
INTERNATIONAL GAMES SYSTEM C 4.8 %
BILIBILI, INC. SPONSORED ADR CLASS Z 4.8 %
KONAMI CORP 4.7 %
ROBLOX CORP. CLASS A 4.5 %
Constituent Breakdown
Number of holdings41
Herfindahl-Hirschman Index 423
Wgt avg mkt cap (mns)$16,277
Large cap (>$10bn)39.7%
Mid cap ($2-10bn)47.3%
Small cap (<$2bn)13.0%
Developed mkts.69.6%
Emerging mkts.30.5%
Country Exposure
UNITED STATES 27.5 %
JAPAN 25.7 %
SOUTH KOREA 15.1 %
CHINA 12.8 %
TAIWAN 6.0 %
SWEDEN 4.6 %
POLAND 3.0 %
FRANCE 2.5 %
IRELAND 1.7 %
ISRAEL 0.8 %
Historical Performance


Standardized Annual Returns (as of 04/30/2024)
YTD1 YR2 YR3 YR5 YR10 YRIncep.
-6.1% -5.2% -7.0% -15.9% -- -- 5.9%
Market Correlations
versus...BetaR-squared
S&P 5000.9769%
MSCI EAFE1.0272%
MSCI Emg Mkts1.0173%
Liquidity Measures
Avg. volume (000)17
Turnover0.3%
Avg. Bid/Ask (% of price)0.36%
ADV of underlying (mns)$1,767
Technical Indicators
Recent close$21.16
30d moving avg.$19.87
Annualized volatility20.8%
Relative strength (RSI)68
Short interest (ETF)0.4%
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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Risk and Returns: HERO vs. Comps (1 YR)

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
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Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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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 --%
2.5 21.7 2.2 1.0% --
Based on closing prices from 5/16/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
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 Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

HERO

4.4%

Cat. Avg

3.7%

Fund Category: Global Equities

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™4.4%
Recommendation

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.

Category Overview
There are 341 funds in the Global Equities category, with an average ALTAR Score™ of 3.7% and a standard deviation of 4.8%. HERO's ALTAR Score™ is approximately 0.2 standard deviations above the category average. This places HERO in the 56th percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
HERO
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
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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. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .