HEROGlobal X Video Games & Esports ETF
HERO Fund Description
HERO tracks a modified market-cap-weighted global index of companies in video games and esports industry.
HERO Factset Analytics Insight
HERO provides access to companies whose principal business have or are expected have significant exposure to the field of video games and esports. An algorithm screens company filings for keywords that match the index theme to identify and rank companies. Eligible securities meeting minimum market-cap and liquidity requirements must also generate at least 50% of its revenues from video games or esports activities to be selected for index inclusion. Securities are those in the emerging and developed countries. The fund also invests in ADRs and GDRs based on such securities, and is not limited to any sector or geography constraints. The index is market-cap weighted with caps placed on individual positions to limit concentration in large-cap companies. The index is reconstituted and reweighted semi-annually.
HERO MSCI ESG Analytics Insight
Global X Video Games & Esports ETF has an MSCI ESG Fund Rating of BB based on a score of 3.32 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X Video Games & Esports ETF ranks in the 5th percentile within its peer group and in the 32nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HERO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
HERO Summary Data
HERO Portfolio Data
HERO Index Data
HERO Portfolio Management
HERO Tax Exposures
HERO Fund Structure
HERO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HERO. HERO is rated a N/A out of 5.
HERO Performance Statistics
HERO MSCI ESG Ratings
HERO Benchmark Comparison Summary
HERO Benchmark Comparison Market Cap Size