BNGE Profile
The
Global X Video Games & Esports ETF (BNGE) is an exchange-traded fund
that seeks to track the performance of companies involved in the video
game and esports industry. This ETF provides exposure to companies
that develop, publish, and support video games, as well as those that
organize and broadcast esports events.
The fund is based on the
Solactive Video Games & Esports Index, which is designed to measure
the performance of companies that generate revenue from video games
and esports. The index is composed of companies from around the world
that derive significant revenue from video games and esports,
including game developers and publishers, hardware and peripheral
manufacturers, and streaming platforms.
As of September 2021,
the BNGE ETF has total net assets of approximately $200 million and
includes 40 holdings. The top holdings of the fund include companies
such as Tencent Holdings, Activision Blizzard, Electronic Arts, and
NVIDIA Corporation.
The video game and esports industry has
been growing rapidly in recent years, with increasing numbers of
people playing and watching video games. The COVID-19 pandemic has
also accelerated this trend, with more people staying at home and
turning to video games and esports for entertainment. This has led to
increased interest in companies involved in the industry and has
helped drive the performance of the BNGE ETF.
However, like any
investment, the BNGE ETF carries risks. The performance of the fund is
dependent on the performance of the video game and esports industry,
which can be affected by factors such as changes in consumer
preferences, advances in technology, and economic conditions.
Additionally, the BNGE ETF is subject to the risks associated with
investing in equities and the potential for market volatility.
Investors should carefully consider their investment objectives and
risk tolerance before investing i
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