GGME - ETF AI Analysis
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Invesco Next Gen Media And Gaming Etf (GGME)
Rating:71Outperform
Price Target:―
Positive Factors
Leading Tech and Media Names
The fund’s largest positions include well-known technology and media companies that have shown strong or steady performance, which can help support returns.
Global Exposure with U.S. Focus
While most holdings are in U.S. companies, the ETF also invests in several other countries, adding some international diversification.
Recent Short-Term Momentum
The ETF has shown strong gains over the past month, suggesting improving short-term momentum despite weaker results so far this year.
Negative Factors
High Concentration in a Few Stocks
A small number of large positions make up a big share of the portfolio, which increases the impact if any of these companies perform poorly.
Heavy Tilt to Tech and Communication Services
Most of the fund is invested in technology and communication services, making it more sensitive to downturns in these sectors.
Above-Average Expense Ratio
The ETF charges a relatively high fee for a passive fund, which can slowly reduce investors’ net returns over time.
GGME vs. SPDR S&P 500 ETF (SPY)
AUM44.40M
RegionGlobal
Expense Ratio0.62%
Beta1.24
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. Volume1,976
30 Day Avg. Volume3,059
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
74.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering82
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 and focuses on companies shaping the future of media, streaming, and video games. It holds well-known names like Nvidia, Apple, Netflix, and Meta Platforms, along with other tech and entertainment firms from around the world. Someone might invest in GGME to seek growth from the rising popularity of online gaming, digital content, and streaming services, while getting diversification across many companies. A key risk is that it is 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 leaning heavily into tech-driven media and gaming, with a big tilt toward U.S.-listed chip and platform giants. AMD and Qualcomm are doing the heavy lifting, with both stocks rising and giving the fund a strong semiconductor backbone. Nvidia and Apple are also steady contributors, keeping the tech engine humming. On the flip side, Meta and Netflix have been more mixed, occasionally tripping up performance as they wrestle with valuation worries and shifting user trends. Overall, it’s a global fund in name, but the story is very much about next-gen U.S. tech and digital entertainment leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Advanced Micro Devices | 16.38% | $7.29M | $760.48B | 302.80% | 73 Outperform | |
| Apple | 8.35% | $3.71M | $4.51T | 49.68% | 79 Outperform | |
| Nvidia | 7.78% | $3.46M | $4.96T | 44.72% | 76 Outperform | |
| Meta Platforms | 6.45% | $2.87M | $1.51T | -15.66% | 76 Outperform | |
| Qualcomm | 6.43% | $2.86M | $227.60B | 38.95% | 80 Outperform | |
| Netflix | 6.05% | $2.69M | $346.04B | -33.80% | 73 Outperform | |
| Cloudflare | 4.61% | $2.05M | $88.41B | 39.20% | 61 Neutral | |
| Spotify | 3.81% | $1.70M | $102.29B | -28.92% | 66 Neutral | |
| Adobe | 3.64% | $1.62M | $101.63B | -41.14% | 80 Outperform | |
| Nintendo Co | 2.85% | $1.27M | ¥8.67T | -44.41% | 63 Neutral |
GGME Technical Analysis
Positive
―
Price Trends
57.62
Positive
55.59
Positive
58.92
Positive
Market Momentum
1.16
Positive
47.60
Neutral
13.80
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GGME, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.40, equal to the 50-day MA of 57.62, and equal to the 200-day MA of 58.92, indicating a neutral trend. The MACD of 1.16 indicates Positive momentum. The RSI at 47.60 is Neutral, neither overbought nor oversold. The STOCH value of 13.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GGME.
GGME Peer Comparison
Comparison Results
Performance Comparison
GGME
Invesco Next Gen Media And Gaming Etf
60.04
2.27
3.93%
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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.
DisclaimerThis 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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