The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund designed to provide global exposure to companies associated with video games, esports, and interactive digital entertainment. The ETF is managed by Global X and trades under the ticker HERO on the Nasdaq.
Classified as a thematic equity ETF, the fund seeks to reflect, before fees and expenses, the performance of the Solactive Video Games & Esports Index.
The ETF follows a passive management strategy, maintaining a portfolio structured to replicate the composition and weighting of its benchmark index. The benchmark includes global companies involved in video-game development, gaming hardware, digital platforms, streaming, publishing, and infrastructure connected to esports markets.
Diversification and sector exposure
HERO provides exposure primarily associated with:
• Video games.
• Esports.
• Digital entertainment.
• Online gaming platforms.
• Gaming hardware.
• Semiconductors.
• Streaming and digital content.
• Global gaming and technology companies.
The ETF’s performance is particularly sensitive to growth within the global gaming industry, digital-consumption trends, and developments affecting technology and entertainment companies.
Changes in global economic conditions, fluctuations within the technology sector, and shifts in digital-consumption behavior may directly affect the fund’s behavior. The ETF may also reflect developments associated with artificial intelligence, cloud computing, virtual reality, and expansion of online entertainment platforms.
Structure and costs
HERO shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).
The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. HERO may distribute income derived from dividends paid by companies held within the portfolio.
Because the ETF maintains concentrated thematic exposure to gaming and technology sectors, its performance may exhibit elevated volatility and heightened sensitivity to global technology and digital-consumption trends.
History and evolution of the ETF
The Global X Video Games & Esports ETF was launched in 2019 during a period marked by rapid growth in the global gaming industry and expansion of competitive esports markets.
Since inception, the fund has reflected movements associated with the digital-entertainment sector, including rising online gaming consumption, expansion of digital platforms, and continued development of gaming-related technological infrastructure.
In recent years, HERO has reflected global gaming-industry growth, advances in artificial intelligence and graphics computing, expansion of digital streaming platforms, and evolving consumer behavior tied to interactive entertainment.
Additional Information
Global X Video Games & Esports ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $66.18 Millions.
Over the past 12 months, Global X Video Games & Esports ETF recorded a return of -14.06%, with its price trading between $25.00 and $34.46 during the same period.
The ETF is traded under the ticker HERO.