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Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X Video Games & Esports ETF

HERO | ETF

$23.47

$131 M

0.35%

$0.08

0.50%

Vitals

YTD Return

16.6%

1 yr return

18.1%

3 Yr Avg Return

-7.7%

5 Yr Avg Return

9.1%

Net Assets

$131 M

Holdings in Top 10

56.2%

52 WEEK LOW AND HIGH

$23.5
$19.00
$24.54

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global X Video Games & Esports ETF

HERO | ETF

$23.47

$131 M

0.35%

$0.08

0.50%

HERO - Profile

Distributions

  • YTD Total Return 16.6%
  • 3 Yr Annualized Total Return -7.7%
  • 5 Yr Annualized Total Return 9.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.09%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Global X Video Games & Esports ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Oct 25, 2019
  • Shares Outstanding
    11347830
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Wayne Xie

Fund Description

The Fund invests at least 80% of its total assets in the securities of the Solactive Video Games & Esports Index ("Underlying Index") and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the Underlying Index. The Fund will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes (if any), in Video Games & Esports Companies (as defined below), and in ADRs and GDRs based on such securities. The Fund's 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The Fund may lend securities representing up to one-third of the value of the Fund’s total assets (including the value of the collateral received).
The Underlying Index is designed to provide exposure to exchange-listed companies that are positioned to benefit from increased consumption related to video games and esports, including companies whose principal business is in video game development/publishing, video game and esports content distribution and streaming, operating/owning esports leagues/teams, and producing video game/esports hardware (collectively, "Video Games & Esports Companies"), as defined by Solactive AG, the provider of the Underlying Index ("Index Provider").
In constructing the Underlying Index, the Index Provider first applies a proprietary natural language processing algorithm to the eligible universe, which screens filings, disclosures and other public information (e.g., regulatory filings, earnings transcripts, etc.) for keywords that describe the index theme, to identify and rank companies with direct exposure to the video games and
esports industry. Companies identified by the natural language processing algorithm, as of the selection date, are further reviewed by the Index Provider on the basis of revenue related to video games and esports activities. To be eligible for the Underlying Index, a company is considered by the Index Provider to be a Video Games & Esports Company if the company generates at least 50% of its revenues from video games and esports activities, as determined by the Index Provider. Video Games & Esports Companies are those companies that (i) develop and/or publish video games, (ii) facilitate the streaming or distribution of video gaming and/or esports content, (iii) operate and/or own competitive esports leagues and/or competitive esports teams, and/or (iv) produce hardware used in video games and/or esports, including augmented and virtual reality.
To be a part of the eligible universe of the Underlying Index, certain minimum market capitalization and liquidity criteria, as defined by the Index Provider, must be met. As of January 31, 2024, companies must have a minimum market capitalization of $200 million and a minimum average daily turnover for the last 6 months greater than or equal to $2 million in order to be eligible for inclusion in the Underlying Index. As of January 31, 2024, companies listed in the following countries were eligible for inclusion in the Underlying Index: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, South Korea, Taiwan, the United Kingdom, and the United States.
The Underlying Index is weighted according to a modified capitalization weighting methodology and is reconstituted and re-weighted semi-annually. Modified capitalization weighting seeks to weight constituents primarily based on market capitalization, but subject to caps on the weights of the individual securities. Generally speaking, this approach will limit the amount of concentration in the largest market capitalization companies and increase company-level diversification. The Underlying Index may include large-, mid- or small-capitalization companies. As of January 31, 2024, the Underlying Index had 48 constituents. The Fund's investment objective and Underlying Index may be changed without shareholder approval.
The Underlying Index is sponsored by the Index Provider, which is an organization that is independent of, and unaffiliated with, the Fund and Global X Management Company LLC, the investment adviser for the Fund ("Adviser"). The Index Provider determines the relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
The Adviser uses a "passive" or indexing approach to try to achieve the Fund's investment objective. Unlike many investment companies, the Fund does not try to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.
The Fund generally will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. However, the Fund may utilize a representative sampling strategy with respect to the Underlying Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Underlying Index, in instances in which a security in the Underlying Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the Underlying Index.
The Adviser expects that, over time, the correlation between the Fund's performance and that of the Underlying Index, before fees and expenses, will exceed 95%. A correlation percentage of 100% would indicate perfect correlation. If the Fund uses a replication strategy, it can be expected to have greater correlation to the Underlying Index than if it uses a representative sampling strategy.
The Fund concentrates its investments (i.e., holds 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. As of January 31, 2024, the Underlying Index was concentrated in the entertainment industry and had significant exposure to the communication services sector.
Read More

HERO - Performance

Return Ranking - Trailing

Period HERO Return Category Return Low Category Return High Rank in Category (%)
YTD 16.6% -20.7% 63.8% 81.36%
1 Yr 18.1% -13.5% 83.4% 92.27%
3 Yr -7.7%* -33.7% 19.0% 92.13%
5 Yr 9.1%* -10.7% 32.7% 92.50%
10 Yr N/A* 1.0% 26.8% 82.07%

* Annualized

Return Ranking - Calendar

Period HERO Return Category Return Low Category Return High Rank in Category (%)
2023 7.6% -5.6% 96.9% 96.80%
2022 -33.6% -73.9% -16.4% 19.44%
2021 -9.1% -44.6% 51.5% 78.60%
2020 89.6% 5.5% 154.1% 3.98%
2019 N/A -3.0% 63.7% N/A

Total Return Ranking - Trailing

Period HERO Return Category Return Low Category Return High Rank in Category (%)
YTD 16.6% -20.7% 63.8% 81.36%
1 Yr 18.1% -13.5% 83.4% 92.27%
3 Yr -7.7%* -33.7% 19.0% 92.13%
5 Yr 9.1%* -10.7% 32.7% 92.50%
10 Yr N/A* 1.0% 26.8% N/A

* Annualized

Total Return Ranking - Calendar

Period HERO Return Category Return Low Category Return High Rank in Category (%)
2023 8.4% -2.3% 96.9% 98.17%
2022 -33.4% -67.5% -5.9% 32.87%
2021 -8.6% -17.8% 59.2% 94.88%
2020 91.0% 17.5% 157.5% 4.48%
2019 N/A 7.5% 66.9% N/A

HERO - Holdings

Concentration Analysis

HERO Category Low Category High HERO % Rank
Net Assets 131 M 4.67 M 81.2 B 76.02%
Number of Holdings 45 10 321 66.06%
Net Assets in Top 10 64.7 M 1.67 M 56.8 B 76.92%
Weighting of Top 10 56.16% 13.2% 100.0% 37.56%

Top 10 Holdings

  1. ROBLOX CORP -CLASS A COMMON STOCK 6.50%
  2. TAKE-TWO INTERACTIVE SOFTWRE COMMON STOCK 6.37%
  3. ELECTRONIC ARTS INC COMMON STOCK 6.10%
  4. NINTENDO CO LTD COMMON STOCK 5.74%
  5. BNYREPOS 5.51%
  6. KRAFTON INC COMMON STOCK 5.42%
  7. NEXON CO LTD COMMON STOCK 5.33%
  8. KONAMI GROUP CORPORATION COMMON STOCK 5.22%
  9. NETEASE INC-ADR DEPOSITARY RECEIPT 5.11%
  10. INTERNATIONAL GAMES SYSTEM C COMMON STOCK 4.87%

Asset Allocation

Weighting Return Low Return High HERO % Rank
Stocks 		99.93% 0.00% 100.77% 13.57%
Other 		5.51% -0.04% 26.87% 4.07%
Preferred Stocks 		0.00% 0.00% 8.61% 22.62%
Convertible Bonds 		0.00% 0.00% 0.40% 10.41%
Cash 		0.00% 0.00% 26.97% 90.05%
Bonds 		0.00% 0.00% 87.98% 7.69%

Stock Sector Breakdown

Weighting Return Low Return High HERO % Rank
Communication Services 		96.78% 0.00% 97.05% 0.90%
Technology 		3.22% 2.80% 100.00% 99.55%
Utilities 		0.00% 0.00% 5.17% 7.24%
Real Estate 		0.00% 0.00% 15.05% 28.96%
Industrials 		0.00% 0.00% 38.68% 69.23%
Healthcare 		0.00% 0.00% 25.57% 56.56%
Financial Services 		0.00% 0.00% 38.36% 75.11%
Energy 		0.00% 0.00% 1.24% 7.69%
Consumer Defense 		0.00% 0.00% 5.64% 16.29%
Consumer Cyclical 		0.00% 0.00% 32.97% 83.71%
Basic Materials 		0.00% 0.00% 2.38% 16.29%

Stock Geographic Breakdown

Weighting Return Low Return High HERO % Rank
Non US 		63.81% 0.00% 63.81% 0.45%
US 		36.12% 0.00% 100.77% 99.55%

HERO - Expenses

Operational Fees

HERO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.08% 5.04% 85.91%
Management Fee 0.50% 0.03% 1.95% 15.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HERO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

HERO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HERO Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.69% 281.00% N/A

HERO - Distributions

Dividend Yield Analysis

HERO Category Low Category High HERO % Rank
Dividend Yield 0.35% 0.00% 7.82% 13.57%

Dividend Distribution Analysis

HERO Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Monthly Annual

Net Income Ratio Analysis

HERO Category Low Category High HERO % Rank
Net Income Ratio 0.09% -2.30% 2.08% 17.97%

Capital Gain Distribution Analysis

HERO Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

HERO - Fund Manager Analysis

Managers

Wayne Xie

Start Date

Tenure

Tenure Rank

Oct 25, 2019

2.6

2.6%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan

Start Date

Tenure

Tenure Rank

Oct 25, 2019

2.6

2.6%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

Nam To

Start Date

Tenure

Tenure Rank

Oct 25, 2019

2.6

2.6%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Vanessa Yang

Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Vanessa Yang, Portfolio Management Associate, joined Global X Management Company LLC in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

Sandy Lu

Start Date

Tenure

Tenure Rank

Apr 01, 2022

0.16

0.2%

Sandy Lu, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Lu worked at PGIM Fixed Income from 2014 to 2021, where he led the portfolio analyst team covering Emerging Markets Debt. He began his career in 2010 as an Investment Analyst at Lincoln Financial Group. Mr. Lu graduated with a B.S. in Economics from the Wharton School of the University of Pennsylvania. He earned his CFA designation in September 2015, and holds the Series 3 license.

William Helm

Start Date

Tenure

Tenure Rank

Apr 01, 2022

0.16

0.2%

William Helm, CFA, Portfolio Manager, joined the Adviser in September 2021. Previously, Mr. Helm spent 14 years at Vanguard where he most recently served as an Equity Portfolio Manager and Trader. Previously, he held roles in Portfolio Review, Corporate Strategy and Corporate Finance. Mr. Helm received his BBA in Economics from Belmont University in 2007 and his MBA from Columbia Business School in 2020.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 8.25 1.41

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