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HERO - ETF AI Analysis
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Global X Video Games & Esports ETF (HERO)
Rating:57Neutral
Price Target:
$34.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Roblox and NetEase, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Global Exposure
The ETF invests in companies across multiple countries, including Japan and Hong Kong, providing geographic diversification.
Focused Sector Allocation
The fund’s heavy exposure to Communication Services aligns well with the growth potential of the video game and esports industry.
Negative Factors
High Expense Ratio
The ETF’s expense ratio is relatively high compared to broader market ETFs, which could eat into long-term returns.
Sector Concentration Risk
Over 74% of the fund is allocated to Communication Services, making it vulnerable to downturns in this sector.
Mixed Short-Term Performance
Recent one-month performance has been negative, suggesting short-term volatility that investors should monitor.
HERO vs. SPDR S&P 500 ETF (SPY)
AUM136.65M
RegionGlobal
Expense Ratio0.50%
Beta0.82
IssuerGlobal X
Inception DateOct 25, 2019
Dividend Yield1.17%
Asset ClassEquity
Index TrackedSolactive Video Games & Esports Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume22,811
30 Day Avg. Volume38,670
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
33.98Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HERO Summary
The Global X Video Games & Esports ETF (HERO) is an investment fund focused on the fast-growing world of video games and esports. It includes companies like Electronic Arts and Nintendo, which are leaders in game development and innovation. This ETF follows the Solactive Video Games & Esports Index and offers exposure to businesses involved in gaming software, consoles, and competitive esports leagues. Investors might consider HERO for potential growth as gaming continues to expand globally. However, new investors should know that this ETF is heavily tied to the gaming industry, meaning its performance could fluctuate based on trends in this specific sector.
How much will it cost me?The Global X Video Games & Esports ETF (HERO) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because HERO is actively managed and focuses on a specific niche, requiring more research and management compared to passively managed funds. It’s designed to give targeted exposure to the growing video games and esports industry.
What would affect this ETF?The HERO ETF could benefit from growing consumer demand for video games and esports, driven by technological advancements like virtual reality and increasing digital engagement globally. However, it may face challenges from regulatory changes in key markets like China or economic downturns that reduce discretionary spending on entertainment. Additionally, competition within the gaming industry could impact the performance of its top holdings.
HERO Top 10 Holdings
The HERO ETF is heavily concentrated in the gaming and esports sector, with a global mix of companies driving its performance. Electronic Arts and Nexon are steady players, benefiting from strong financial results and upcoming releases, while Unity Software shows promise with technical momentum and product advancements despite profitability concerns. On the flip side, Roblox and Nintendo are dragging the fund, with bearish trends and challenges in revenue growth weighing on their outlook. Overall, HERO’s focus on gaming innovation keeps it positioned for long-term growth, but near-term performance is a mixed bag.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Electronic Arts | 8.58% | $11.72M | $50.05B | 20.41% | 68 Neutral | |
| KONAMI HOLDINGS | 6.91% | $9.44M | ¥3.28T | 64.63% | 69 Neutral | |
| Take-Two | 6.44% | $8.79M | $43.51B | 25.15% | 50 Neutral | |
| NetEase | 6.42% | $8.77M | $80.69B | 54.52% | 76 Outperform | |
| Nintendo Co | 6.16% | $8.41M | ¥15.48T | 64.25% | 63 Neutral | |
| NEXON Co | 5.95% | $8.13M | ¥3.00T | 66.52% | 71 Outperform | |
| Unity Software | 4.95% | $6.77M | $16.59B | 64.77% | 64 Neutral | |
| Roblox | 4.79% | $6.55M | $62.65B | 80.74% | 49 Neutral | |
| Bilibili | 4.71% | $6.44M | $10.21B | 35.49% | 62 Neutral | |
| Square Enix Holdings Co | 4.09% | $5.58M | ¥1.14T | 47.27% | 57 Neutral |
HERO Technical Analysis
Negative
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Price Trends
32.78
Negative
32.57
Negative
30.10
Positive
Market Momentum
-0.64
Positive
35.69
Neutral
14.88
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HERO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 31.79, equal to the 50-day MA of 32.78, and equal to the 200-day MA of 30.10, indicating a neutral trend. The MACD of -0.64 indicates Positive momentum. The RSI at 35.69 is Neutral, neither overbought nor oversold. The STOCH value of 14.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HERO.
HERO Peer Comparison
Comparison Results
Performance Comparison
HERO
Global X Video Games & Esports ETF
30.47
6.99
29.77%
ARKF
ARK Fintech Innovation ETF
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BUG
Global X Cybersecurity Etf
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CRBN
iShares MSCI ACWI Low Carbon Target ETF
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CHAT
Roundhill Generative AI & Technology ETF
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ESPO
VanEck Video Gaming and eSports 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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