This Gaming ETF Has Growth Momentum

Gaming The video game market is rapidly expanding thanks to increased mainstream popularity and a growing young population. Investors interested in this market can find it hard to evaluate the best picks, which is where an ETF can help. The Wedbush ETFMG Video Game Tech ETF (NYSE: GAMR) is a simple pick that offers wide exposure. This fund seeks to generate results from global video game developers, publishers, and related companies.

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This fund is heavily focused on mobile gaming, one of the fastest-growing segments of the market. Some of its top holdings include Zynga Inc. (NASDAQ: ZNGA), Glu Mobile (NASDAQ: GLUU), and Bilibili Inc. (NASDAQ: BILI). Major ‘AAA’ developers that focus on console and PC game development and publishing are also included, with Ubisoft Entertainment (OTC: UBSFF), CD Projekt SA (PL: CDR), and Capcom Co. (OTC: CCOEF) all falling within the top 10 holdings.

This pick has become particularly interesting since the Coronavirus outbreak. With hundreds of millions of people around the world facing lockdown orders, video games have become a popular retreat from current events. In the past 30-days, the price of this fund has increased by 21.7%.

The mid-high turnover rate indicates that the fund is well managed and ready to adapt to the changing video game landscape. Its low cost ratio and a moderate dividend yield of 1.43% make it a convincing pick for both growth potential and long-term returns.

Key Data:

  • Expense Ratio: 75%
  • Turnover Percentage: 38%
  • Dividend Yield: 43%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

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