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GGME
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Invesco Next Gen Media and Gaming ETF (GGME)

Upturn stock ratingUpturn stock rating
$50.18
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

04/01/2025: GGME (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type ETF
Historic Profit -0.95%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 22915
Beta 1.41
52 Weeks Range 40.02 - 59.07
Updated Date 04/5/2025
52 Weeks Range 40.02 - 59.07
Updated Date 04/5/2025

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Invesco Next Gen Media and Gaming ETF

stock logo

ETF Overview

overview logo Overview

The Invesco Next Gen Media and Gaming ETF (GGME) aims to track the investment results of the STOXX Next Gen Media and Gaming Index, investing in companies involved in next-generation media and gaming industries. It focuses on companies that develop or distribute content related to gaming, eSports, and other interactive media.

reliability logo Reputation and Reliability

Invesco is a well-established global investment management firm with a strong reputation and a long history of managing ETFs.

reliability logo Management Expertise

Invesco has a dedicated team of experienced portfolio managers and analysts who specialize in managing sector-specific ETFs.

Investment Objective

overview logo Goal

To track the investment results of the STOXX Next Gen Media and Gaming Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, aiming to replicate the composition and performance of the STOXX Next Gen Media and Gaming Index.

Composition The ETF primarily holds stocks of companies involved in the media and gaming industries, including game developers, eSports companies, and content providers.

Market Position

Market Share: Data unavailable.

Total Net Assets (AUM): 43720000

Competitors

overview logo Key Competitors

  • ESPO
  • HERO
  • GAMR

Competitive Landscape

The competitive landscape includes other ETFs focused on the video game and esports sectors. GGME distinguishes itself through the specific index it tracks. GGME's expense ratio is on the higher end. It may not attract the same level of investor interest as more popular, lower cost ETFs like ESPO.

Financial Performance

Historical Performance: Data unavailable.

Benchmark Comparison: Data unavailable.

Expense Ratio: 0.5

Liquidity

Average Trading Volume

The average trading volume is low, suggesting limited liquidity.

Bid-Ask Spread

The bid-ask spread is likely wider than more liquid ETFs, potentially increasing trading costs.

Market Dynamics

Market Environment Factors

The ETF is influenced by factors such as the growth of the gaming industry, technological advancements, and consumer spending habits.

Growth Trajectory

Growth trends are tied to the increasing popularity of video games and esports. The ETF strategy and holdings have remained relatively stable.

Moat and Competitive Advantages

Competitive Edge

GGME's competitive edge lies in its focused approach to investing in the next-generation media and gaming sector, potentially providing targeted exposure to innovative companies. However, this niche focus also means that it has smaller AUM and is less liquid than broad-based sector ETFs. This allows investors to gain access to companies that are at the forefront of the interactive entertainment revolution. This targeted approach could attract investors seeking exposure to specific growth areas within the media and gaming industry.

Risk Analysis

Volatility

The ETF's volatility is likely to be high due to its concentration in a specific sector.

Market Risk

The ETF is subject to market risk related to the gaming and media industries, including changing consumer preferences and technological disruptions.

Investor Profile

Ideal Investor Profile

The ETF is suitable for investors seeking targeted exposure to the growing gaming and interactive media industries and who are comfortable with sector-specific risks.

Market Risk

The ETF may be more suitable for long-term investors with a high risk tolerance than active traders due to its low liquidity and potential for volatility.

Summary

The Invesco Next Gen Media and Gaming ETF offers focused exposure to the rapidly evolving gaming and interactive media sector. However, the ETF's relatively small size and low liquidity may make it less appealing to some investors. Given it's limited appeal, investors should also be cautious about the expense ratio and consider alternatives. Investors considering this ETF should carefully weigh its potential benefits against its risk and liquidity profile.

Similar Companies

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VanEck Video Gaming and eSports ETF

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GAMRratingrating

Amplify ETF Trust

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Amplify ETF Trust

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HEROratingrating

Global X Video Games & Esports ETF

$23.82
ETF
1.89%
SELL
SELL since 4 days

HEROratingrating

Global X Video Games & Esports ETF

$23.82
ETF
SELL since 4 days
1.89%
SELL

Sources and Disclaimers

Data Sources:

  • Invesco website
  • ETF.com
  • Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Invesco Next Gen Media and Gaming ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future media through direct revenue. The fund is non-diversified.

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