BNGE
First Trust S-Network Streaming and Gaming ETF
📎 Investment Objective
The First Trust S-Network Streaming and Gaming ETF (BNGE) seeks to provide investment results that correspond generally to the price and yield performance of the S-Network Streaming and Gaming Index, which is designed to track the performance of companies engaged in the streaming media and video game industries.
Overview
ETF tracking First Trust S-Network Streaming and Gaming ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust S-Network Streaming and Gaming ETF (BNGE) seeks to provide investment results that correspond generally to the price and yield performance of the S-Network Streaming and Gaming Index, which is designed to track the performance of companies engaged in the streaming media and video game industries.
🎯 Investment Strategy
The fund invests at least 80% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the S-Network Streaming and Gaming Index. The index is composed of companies that are engaged in the streaming media and video game industries, as determined by the index provider.
✨ Key Features
- Provides exposure to companies in the growing streaming media and video game industries
- Diversified portfolio across different streaming and gaming companies
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk as the streaming media and gaming industries can be subject to rapid changes
- Liquidity risk as some of the underlying holdings may have lower trading volumes
- Market risk as the overall performance of the fund is tied to the performance of the broader market
👤 Best For
This ETF may be suitable for investors seeking exposure to the streaming media and video game industries as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who are looking for potential growth opportunities in the technology and consumer discretionary sectors.
Similar ETFs in Consumer Discretionary
View all Consumer Discretionary ETFs →Consumer Discretionary Select Sector SPDR Fund
$230.89
Vanguard Consumer Discretionary ETF
$379.75
Fidelity MSCI Consumer Discretionary Index ETF
$98.53
iShares U.S. Consumer Discretionary ETF
$100.78
State Street SPDR S&P Retail ETF
$80.03
VanEck Video Gaming and eSports ETF
$110.66