Amplify ETF Trust (GAMR)GAMR

ETF Wedbush ETFMG Video Game Tech ETF (GAMR) Overview

Profile

Wedbush ETFMG Video Game Tech ETF (GAMR) is a thematic ETF that invests in companies involved in the video game industry, including developers, publishers, esports organizations, and hardware manufacturers. GAMR tracks the Prime Video Game Tech Index, which selects companies based on their involvement in the video game industry and their financial performance.

Objective

GAMR aims to provide investors with long-term capital appreciation by tracking the performance of the video game industry.

Issuer

The ETF is issued by Exchange Traded Concepts, LLC, a subsidiary of ETF Managers Group, LLC (ETFmg). ETFmg is a privately held asset management firm that specializes in thematic ETFs.

Reputation and Reliability: ETFmg is a relatively new firm with a limited track record, but it is backed by Wedbush Securities, a well-established financial services company.

Management: The ETF is managed by a team of experienced investment professionals with backgrounds in technology and finance.

Market Share

GAMR is a relatively small ETF, with around $150 million in assets under management. It represents a small portion of the video game ETF market, which is dominated by the VanEck Video Game & eSports ETF (ESPO).

Total Net Assets

As of November 14, 2023, GAMR has $152.32 million in total net assets.

Moat

GAMR's main competitive advantages are its focus on the growing video game industry and its unique index methodology. The Prime Video Game Tech Index uses a combination of fundamental and quantitative factors to select companies, which may help it outperform other video game ETFs.

Financial Performance

GAMR has a relatively short track record, but it has outperformed the broader market since its inception in February 2023.

Benchmark Comparison: GAMR has outperformed the S&P 500 Index and the Nasdaq 100 Index since its inception.

Growth Trajectory: The video game industry is expected to continue to grow in the coming years, which should benefit GAMR.

Liquidity

Average Trading Volume: GAMR has an average trading volume of around 50,000 shares per day, which is considered low for an ETF.

Bid-Ask Spread: The bid-ask spread for GAMR is typically around 0.1%, which is relatively tight for an ETF.

Market Dynamics

The video game industry is a dynamic and rapidly growing market. Several factors are driving growth, including the increasing popularity of esports, the adoption of new technologies such as virtual reality, and the growing demand for mobile games.

Competitors

• VanEck Video Game & eSports ETF (ESPO)
• Roundhill Ball Metaverse ETF (META)
• Global X Video Games & Esports ETF (HERO)

Expense Ratio

GAMR has an expense ratio of 0.75%, which is in line with other video game ETFs.

Investment Approach and Strategy

• Strategy: GAMR tracks the Prime Video Game Tech Index.
• Composition: GAMR invests in a diversified portfolio of stocks across various segments of the video game industry, including developers, publishers, esports organizations, and hardware manufacturers.

Key Points

• Focuses on the growing video game industry
• Unique index methodology
• Outperformed the broader market since inception
• Low liquidity
• Average expense ratio

Risks

• Volatility: The video game industry is a cyclical industry, and GAMR's performance may be volatile.
• Market Risk: GAMR is exposed to the risks associated with the video game industry, such as competition, technological change, and regulatory changes.

Who Should Consider Investing

GAMR is suitable for investors who believe in the long-term growth potential of the video game industry and are comfortable with the associated risks.

Fundamental Rating Based on AI

Based on an AI-based rating system, GAMR receives a rating of 7 out of 10. This rating is based on the ETF's financial health, market position, and future prospects.

Justification: GAMR has a strong track record of outperforming the market, a unique index methodology, and exposure to a growing industry. However, its low liquidity and average expense ratio are drawbacks.

Resources and Disclaimers

• ETFmg website: https://etfmg.com/gamr/
• Yahoo Finance: https://finance.yahoo.com/quote/GAMR/
• Morningstar: https://www.morningstar.com/etfs/arcx/gamr/overview

Disclaimer: This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.