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GGME - ETF AI Analysis
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Invesco Next Gen Media And Gaming Etf (GGME)
Rating:70Outperform
Price Target:―
Positive Factors
Exposure to Leading Tech and Media Names
The fund’s largest positions include well-known technology and media companies that are central players in gaming and digital entertainment.
Focused Thematic Strategy
By concentrating on next-generation media and gaming, the ETF gives investors targeted access to a growing, innovation-driven niche of the market.
Global Reach with U.S. Core
While most holdings are U.S.-based, the fund also includes companies from Japan, Hong Kong, and several European countries, adding some international diversification.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year-to-date, indicating recent headwinds for its holdings.
High Concentration in a Few Stocks
A small group of large positions makes up a big share of the portfolio, which increases the impact if any of these companies struggle.
Relatively High Expense Ratio
The fund’s ongoing fee is on the higher side for an ETF, which can gradually reduce net returns for long-term investors.
GGME vs. SPDR S&P 500 ETF (SPY)
AUM50.70M
RegionGlobal
Expense Ratio0.62%
Beta1.26
IssuerInvesco
Inception DateJun 23, 2005
Dividend Yield0.28%
Asset ClassEquity
Index TrackedSTOXX World AC NexGen Media Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,675
30 Day Avg. Volume35,025
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
71.54Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering78
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GGME Summary
The Invesco Next Gen Media and Gaming ETF (GGME) tracks the STOXX World AC NexGen Media Index, focusing on companies shaping the future of media, streaming, and video games. It holds big names like Nvidia, Netflix, Apple, and Meta Platforms, along with other tech and entertainment firms from around the world, mainly in the U.S. Someone might invest in GGME to seek growth from rising demand for online entertainment, gaming, and digital content. A key risk is that it’s heavily tilted toward technology and media stocks, so its price can swing a lot and may fall sharply if these industries struggle.
How much will it cost me?The Invesco Next Gen Media And Gaming ETF (GGME) has an expense ratio of 0.62%, meaning you’ll pay $6.20 per year for every $1,000 invested. This is higher than average because the fund is actively managed to focus on a specialized niche in media and gaming, requiring more research and management expertise.
What would affect this ETF?The GGME ETF could benefit from continued growth in digital media, gaming, and streaming services, driven by advancements in technology and increasing consumer demand for interactive entertainment. However, it may face challenges from rising interest rates, which can impact technology and communication services companies, as well as potential regulatory scrutiny in the gaming and media industries. Its global exposure and reliance on major players like Apple, Nvidia, and Netflix make it sensitive to broader economic conditions and shifts in consumer spending.
GGME Top 10 Holdings
GGME is riding the wave of next-gen media and gaming, but its leaders are sending mixed signals. Nvidia is still the star of the show, with momentum in AI helping to prop up returns, while Meta and Apple are holding reasonably steady despite some recent wobbling. On the other side, AMD and Adobe have been losing altitude, and Netflix and Spotify are dragging on performance as streaming and audio platforms fall out of favor. The fund is heavily tilted toward U.S. tech and communication names, with only a light global touch like Nintendo in Japan.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.73% | $4.94M | $4.57T | 41.20% | 76 Outperform | |
| Meta Platforms | 9.31% | $4.73M | $1.63T | -4.08% | 76 Outperform | |
| Apple | 8.82% | $4.48M | $3.88T | 7.75% | 79 Outperform | |
| Advanced Micro Devices | 8.38% | $4.26M | $326.28B | 80.58% | 73 Outperform | |
| Netflix | 7.75% | $3.94M | $329.29B | -21.58% | 73 Outperform | |
| Spotify | 4.27% | $2.17M | $98.30B | -19.23% | 66 Neutral | |
| Qualcomm | 4.11% | $2.09M | $152.84B | -13.63% | 80 Outperform | |
| Nintendo Co | 3.98% | $2.02M | ¥10.05T | -26.57% | 63 Neutral | |
| Adobe | 3.85% | $1.96M | $108.03B | -41.80% | 80 Outperform | |
| Cloudflare | 3.60% | $1.83M | $66.97B | 16.57% | 61 Neutral |
GGME Technical Analysis
Negative
―
Price Trends
57.12
Negative
59.99
Negative
60.08
Negative
Market Momentum
-1.59
Positive
32.88
Neutral
30.71
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GGME, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 54.31, equal to the 50-day MA of 57.12, and equal to the 200-day MA of 60.08, indicating a bearish trend. The MACD of -1.59 indicates Positive momentum. The RSI at 32.88 is Neutral, neither overbought nor oversold. The STOCH value of 30.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GGME.
GGME Peer Comparison
Comparison Results
Performance Comparison
GGME
Invesco Next Gen Media And Gaming Etf
52.14
-3.11
-5.63%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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