Tuesday, February 7, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home ETFs

Video Gaming ETFs to Shine Bright on Surging Sales in May

MtR by MtR
June 26, 2021
in ETFs
0


The video games industry witnessed solid demand amid an improving pandemic and weather conditions in May. Notably, the ongoing health crisis has been a blessing in disguise for this space so far. In fact, consumer spending on video games in the pandemic-stricken 2020 touched a new record of $56.9 billion, rising 27% from the 2019 reading, per The NPD Group.

Another report from the market research group reflected that the video game industry including packaged media, digital, consoles and accessories saw strong sales in the first quarter of 2021 with people spending $14.92 billion in total. Notably, the figure surged 30% year over year. Markedly, the latest report from the industry-tracking firm highlights the same story.

Video Game Sales Soar Again

Recently-released data from The NPD Group highlights that the video game industry including packaged media, digital, consoles and accessories witnessed robust sales in May with people spending $4.45 billion in all, up 3% year over year. Further, year-to-date consumer spending has also risen 17% year over year to $24.02 billion.

Notably, spending on video game content including Physical & Digital Full Game as well as DLC/MTX and Subscription consumer spending across Console, Cloud, Mobile, Portable, PC and VR platforms also rose 3% from the prior year to $4.07 billion last month. Markedly, there was about 5% rise in hardware spending during May to $244 million.

Notably,  Resident Evil: Village, MLB: The Show 21, Call of Duty: Black Ops: Cold War, New Pokemon Snap, Mortal Kombat 11, Mario Kart 8, Returnal, Animal Crossing: New Horizons, Minecraft and  Call of Duty: Modern Warfare were among the best-selling and most played games in May.

Game developers are continuing to innovate and attract users every day and also retain the old ones. They are increasing engagement for the existing players by providing new titles, levels, arenas or environments as the games require at regular intervals.

Furthermore, mergers and acquisitions continue to support the gaming space. Microsoft MSFT completed the buyout of Bethesda’s parent company ZeniMax Media in an all-cash deal worth $7.5 billion in March this year. At the Xbox & Bethesda Games Showcase, Microsoft announced an attractive games line-up for its Xbox consoles. It showcased 30 new titles including Forza Horizon 5 and  Battlefield 2042. In fact, 27 of these 30 titles will be available with the Xbox Game Pass service.

Video Gaming ETFs to Keep Gaining

It seems that the boom in the video gaming space may remain even in the post-pandemic era as the outbreak changed the lifestyles and preferences of US citizens to a large extent. Against this backdrop, investors can take a look at the following video gaming ETFs:

The Roundhill BITKRAFT Esports & Digital Entertainment ETF  NERD

The fund is designed to offer investors exposure to esports & digital entertainment by providing investment results that closely correspond, before fees and expenses, to the performance of the Roundhill BITKRAFT Esports Index. It holds 35 stocks in its basket. With an AUM of $96.5 million, the fund charges 50 basis points (bps) in expense ratio (read: Likely Capital Gain Tax Hike a Buying Point for These ETFs?).

VanEck Vectors Video Gaming and eSports ETF  ESPO

The fund aims to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Video Gaming and eSports Index, which is intended to track the overall performance of companies involved in video game development, esports and the related hardware and software. It holds 26 stocks in its basket. With an AUM of $797.6 million, the fund charges 55 bps in expense ratio (read: Nvidia Blockbuster Q1 Earnings Put These ETFs in Focus).

Global X Video Games & Esports ETF  HERO

The fund looks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues or produce hardware used in video games and esports including augmented and virtual reality. It holds 39 stocks in its basket. With an AUM of $648.3 million, the fund charges 50 bps in expense ratio (read: Activision ETFs Set to Shine Bright on Strong Q1 Results).

Wedbush ETFMG Video Game Tech ETF  GAMR

The fund provides pure-play and diversified exposure to a dynamic intersection of technology and entertainment. It also corresponds generally to the price and yield performance of the EEFund Video Game Tech Index.  The index is designed to reflect the performance of companies involved in the video game technology industry including game developers, console and chip manufacturers, and game retailers. It holds 136 stocks in its basket. With an AUM of $145.6 million, the fund charges 75 bps in expense ratio.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>

Click to get this free report

Microsoft Corporation (MSFT): Free Stock Analysis Report

Global X Video Games & Esports ETF (HERO): ETF Research Reports

Wedbush ETFMG Video Game Tech ETF (GAMR): ETF Research Reports

VanEck Vectors Video Gaming and eSports ETF (ESPO): ETF Research Reports

Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD): ETF Research Reports

To read this article on Zacks.com click here.

Zacks Investment Research

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



Source link

Related articles

Hedge Funds Suffer Outflows as ETFs had Inflows

August 10, 2022

Australia’s 6 biggest ETF providers

August 10, 2022

Related Posts

Hedge Funds Suffer Outflows as ETFs had Inflows

by MtR
August 10, 2022
0

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported that the...

Australia’s 6 biggest ETF providers

by MtR
August 10, 2022
0

Exchange Traded Funds or ETFs are now a BIG thing in Australia. The rise of ASX ETFs is making investing...

New Treasury ETFs launch as fixed income ETFs enter “sweet spot”

by MtR
August 9, 2022
0

The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim BourgRegister now for FREE unlimited access to Reuters.comRegisterNEW...

SoFi Launches First-of-its-Kind Web 3 ETF and a Smart Energy ETF to Empower People to Invest in the Future | News

by MtR
August 9, 2022
0

SAN FRANCISCO--(BUSINESS WIRE)--Aug 9, 2022--SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, today announced that SoFi Invest1 is launching...

J.P. Morgan Asset Management Launches JPMorgan Active Growth ETF (JGRO)

by MtR
August 9, 2022
0

Unifies two industry-leading growth strategies into one actively managed ETF NEW YORK, Aug. 9, 2022 /PRNewswire/ -- J.P. Morgan Asset Management...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter