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GGME - ETF AI Analysis
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Invesco Next Gen Media And Gaming Etf (GGME)
Rating:71Outperform
Price Target:
$70.00
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Netflix, and Roblox, have delivered strong year-to-date performance, boosting the ETF's returns.
Technology and Communication Focus
The ETF is heavily weighted in high-growth sectors like Technology and Communication Services, which have shown resilience and innovation potential.
Global Exposure
While primarily U.S.-focused, the fund includes holdings from diverse regions like Japan, Hong Kong, and Europe, adding some international diversification.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Underperforming Holding
Adobe has lagged in year-to-date performance, potentially dragging down the overall portfolio.
Over-Concentration in U.S. Stocks
With over 80% of its geographic exposure in the U.S., the fund is highly sensitive to domestic market conditions and lacks broader global balance.
GGME vs. SPDR S&P 500 ETF (SPY)
AUM149.95M
RegionGlobal
Expense Ratio0.62%
Beta1.27
IssuerInvesco
Inception DateJun 23, 2005
Dividend Yield0.24%
Asset ClassEquity
Index TrackedSTOXX World AC NexGen Media Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,460
30 Day Avg. Volume5,696
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
79.82Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering93
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GGME Summary
The Invesco Next Gen Media and Gaming ETF (Ticker: GGME) is a fund that focuses on companies leading the way in media, entertainment, and gaming innovation. It tracks the STOXX World AC NexGen Media Index and includes well-known names like Apple and Nvidia. This ETF is ideal for investors who want to tap into the growth potential of industries like streaming, online gaming, and digital media. However, it’s important to note that the fund is heavily influenced by technology and communication services sectors, meaning its performance can be impacted by market swings in these areas.
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
The GGME ETF is riding the wave of innovation in media and gaming, with standout performers like AMD and Roblox driving much of the fund’s recent momentum. AMD’s soaring growth reflects its strong positioning in AI and chip technology, while Roblox continues to benefit from its dominance in interactive gaming, despite financial hurdles. On the flip side, Adobe and Spotify are holding the fund back, with Adobe facing mixed signals and Spotify grappling with advertising challenges. The fund leans heavily into Technology and Communication Services, showcasing a global mix of companies shaping the future of digital entertainment.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 9.98% | $14.75M | $3.97T | 17.28% | 80 Outperform | |
| Nvidia | 9.00% | $13.30M | $4.53T | 27.85% | 76 Outperform | |
| Netflix | 7.81% | $11.54M | $466.11B | 24.46% | 69 Neutral | |
| Qualcomm | 7.51% | $11.11M | $177.90B | 7.67% | 80 Outperform | |
| Advanced Micro Devices | 6.90% | $10.20M | $363.95B | 62.46% | 80 Outperform | |
| Meta Platforms | 6.72% | $9.93M | $1.49T | 4.38% | 71 Outperform | |
| Adobe | 4.36% | $6.45M | $133.16B | -36.31% | 78 Outperform | |
| Spotify | 4.31% | $6.37M | $125.46B | 31.60% | 66 Neutral | |
| Nintendo Co | 4.20% | $6.21M | ¥15.17T | 57.45% | 63 Neutral | |
| Roblox | 3.40% | $5.02M | $68.35B | 88.99% | 48 Neutral |
GGME Technical Analysis
Negative
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Price Trends
63.93
Negative
62.97
Negative
58.21
Positive
Market Momentum
-0.97
Positive
30.57
Neutral
10.61
Positive
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 63.20, equal to the 50-day MA of 63.93, and equal to the 200-day MA of 58.21, indicating a neutral trend. The MACD of -0.97 indicates Positive momentum. The RSI at 30.57 is Neutral, neither overbought nor oversold. The STOCH value of 10.61 is Positive, 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
59.74
8.31
16.16%
CHAT
Roundhill Generative AI & Technology ETF
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CGW
Invesco S&P Global Water Index ETF
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CRBN
iShares MSCI ACWI Low Carbon Target ETF
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TAN
Invesco Solar ETF
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IXP
iShares Global Comm Services ETF
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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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