ETFMG Video Game Tech ETF
ALTAR
Score™		 3.5% info Recommen-
dation		 NEUTRAL
2020E    2021E
P/E
ratio		 23.6x P/Sales
ratio		 2.2x
P/BV
ratio		 3.0x Div.
yield		 0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ETFMG Video Game Tech ETF tracks an equity index of global firms that support, create or use video games. Stocks are assigned to pure play, non-pure play or conglomerate baskets, and weighted equally within each.

FUND BASICS
Category Global Equities
Fund Sponsor ETF Managers Group
Website www.etfmgfunds.com
Inception date Mar 09, 2016
Assets (mns) $91
Currency USD
Expense ratio 75 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 87
Wgt avg mkt cap (mns) $83,268
Large cap (>$10bn) 38.6%
Mid cap ($2-10bn) 28.1%
Small cap (<$2bn) 33.3%
Developed mkts 73.6%
Emerging mkts 26.4%

TOP TEN HOLDINGS
BILIBILI, INC. SPONSORED ADR CLASS 3.9 %
GLU MOBILE INC 3.6 %
THQ NORDIC AB CLASS B 3.5 %
NEXON CO LTD 3.3 %
CD PROJEKT S.A. 3.3 %
ZYNGA INC - CL A 3.1 %
NCSOFT CORPORATION 3.0 %
STILLFRONT GROUP AB 3.0 %
CAPCOM CO LTD 2.8 %
ACTIVISION BLIZZARD INC 2.6 %
Total 32.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 27.8 %
JAPAN 19.5 %
SOUTH KOREA 12.9 %
CHINA 9.7 %
SWEDEN 9.0 %
TAIWAN 4.0 %
POLAND 3.3 %
HONG KONG 2.7 %
IRELAND 2.6 %
FRANCE 2.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.3% 26.1% -- -- 17.8%

Market Correlations
versus... Beta R-squared
S&P500 0.75 46%
MSCI EAFE 0.73 38%
MSCI Emg. Mkts. 0.60 39%

Technical Indicators
Recent close $53.70
30d moving avg. $49.16
Annualized volatility 18.7%
Short interest (ETF) 0.2%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 25
Turnover 1.5%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $39,811

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the ETFMG Video Game Tech ETF ETF based on the alternatives' overlap in portfolio holdings with GAMR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GAMR Expense: 75 bp ALTAR Score™: 3.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GAMR
Ticker Fund
Name		 Overlap1
vs GAMR
(%)		 Expense
ratio
(bp)		 Savings
vs GAMR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GAMR
(%)
HERO Global X Video Games & Esports ETF 49.9 50 25 3.0 -0.5
ESPO VanEck Vectors Video Gaming & eSports ETF 47.7 55 20 2.9 -0.6
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 32.1 25 50 2.3 -1.2
GBUY Goldman Sachs Motif New Age Consumer ETF 14.3 50 25 2.1 -1.4
GENY Principal Millennials Index ETF 13.8 45 30 4.0 +0.5
SOCL Global X Social Media ETF 12.9 65 10 2.3 -1.2
PSJ Invesco Dynamic Software ETF 12.3 58 17 2.9 -0.6
XNTK SPDR Morgan Stanley Technology ETF 11.1 35 40 4.0 +0.5
PTF Invesco DWA Technology Momentum ETF 10.9 60 15 1.3 -2.2
QYLD Global X NASDAQ 100 Covered Call ETF 10.4 60 15 3.7 +0.2
XITK SPDR FactSet Innovative Technology ETF 10.3 45 30 0.4 -3.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 10.3 57 18 5.1 +1.6
IRBO iShares Robotics & Artificial Intelligence ETF 10.3 47 28 2.6 -0.9
NUSI Nationwide Risk-Managed Income ETF 10.2 68 7 3.7 +0.2
QQQ Invesco QQQ Trust 10.2 20 55 4.1 +0.6
IGM iShares North American Tech ETF 10.2 46 29 4.0 +0.5
MTUM iShares Edge MSCI USA Momentum Factor ETF 10.1 15 60 4.8 +1.3
GVIP Goldman Sachs Hedge Industry VIP ETF 9.9 45 30 5.0 +1.5
IEME iShares Evolved U.S. Media & Entertainment ETF 9.6 18 57 7.4 +3.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 9.6 60 15 4.1 +0.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 9.5 35 40 4.4 +0.9
IETC iShares Evolved U.S. Technology ETF 9.4 18 57 4.1 +0.6
PLAT WisdomTree Modern Tech Platforms Fund 9.4 45 30 1.3 -2.2
JHCS John Hancock Multifactor Media & Communications ETF 9.3 40 35 5.6 +2.1
IYW iShares U.S. Technology ETF 9.2 42 33 4.3 +0.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 9.2 21 54 3.2 -0.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 9.1 80 -5 1.7 -1.8
GDAT Goldman Sachs Motif Data-Driven World Etf 9.0 50 25 5.2 +1.7
VEGN US Vegan Climate ETF 8.9 60 15 5.3 +1.8
EWCO Invesco S&P 500 Equal Weight Communication Services ETF 8.9 40 35 7.8 +4.3
QTUM Defiance Quantum ETF 8.8 40 35 5.5 +2.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 8.8 49 26 4.2 +0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 8.6 12 63 5.1 +1.6
XLC The Communication Services Select Sector SPDR Fund 8.6 13 62 5.9 +2.5
DRIV Global X Autonomous & Electric Vehicles ETF 8.5 68 7 6.0 +2.5
IGV iShares North American Tech-Software ETF 8.5 46 29 2.6 -0.9
AIQ Global X Future Analytics Tech ETF 8.5 68 7 4.2 +0.7
SYG SPDR MFS Systematic Growth Equity ETF 8.2 60 15 4.6 +1.1
IQSU IQ Candriam ESG US Equity ETF 8.2 9 66 5.3 +1.8
KWEB KraneShares CSI China Internet ETF 8.2 76 -1 3.5 -0.0
SNPE Xtrackers S&P 500 ESG ETF 8.2 11 64 5.2 +1.7
KOMP SPDR Kensho New Economies Composite ETF 8.1 20 55 1.6 -1.9
LRNZ TrueMark Technology, AI & Deep Learning ETF 8.0 68 7 0.9 -2.6
VOOG Vanguard S&P 500 Growth ETF 8.0 10 65 4.4 +0.9
SPYG SPDR Portfolio S&P 500 Growth ETF 8.0 4 71 4.5 +1.0
IVW iShares S&P 500 Growth ETF 8.0 18 57 4.3 +0.9
IXP iShares Global Comm Services ETF 7.9 46 29 5.8 +2.3
BLCN Reality Shares Nasdaq NextGen Economy ETF 7.9 68 7 4.4 +1.0
TDV ProShares S&P Technology Dividend Aristocrats ETF 7.9 45 30 4.8 +1.3
TECB iShares US Tech Breakthrough Multisector ETF 7.9 40 35 4.1 +0.6
SPXV ProShares S&P 500 Ex-Health Care ETF 7.8 27 48 5.2 +1.7
JHMT John Hancock Multifactor Technology ETF 7.8 40 35 5.1 +1.6
IUSG iShares Core S&P US Growth ETF 7.8 4 71 4.5 +1.0
XLK Technology Select Sector SPDR Fund 7.8 13 62 5.0 +1.5
SPXN ProShares S&P 500 Ex-Financials ETF 7.8 27 48 5.1 +1.7
IXN iShares Global Tech ETF 7.7 46 29 4.8 +1.4
TMFC Motley Fool 100 Index ETF 7.7 50 25 4.0 +0.5
ESG FlexShares STOXX US ESG Impact Index Fund 7.7 32 43 5.2 +1.7
PBP Invesco S&P 500 BuyWrite ETF 7.6 49 26 5.1 +1.6
VGT Vanguard Information Technology Index Fund 7.6 10 65 4.8 +1.3
FTEC Fidelity MSCI Information Technology Index ETF 7.6 8 67 4.9 +1.4
FDMO Fidelity Momentum Factor ETF 7.5 29 46 3.9 +0.4
JKE iShares Morningstar Large-Cap Growth ETF 7.5 25 50 3.5 -0.0
HSPX Global X S&P 500 Covered Call ETF 7.5 65 10 5.0 +1.5
MGC Vanguard Mega Cap Index Fund 7.5 7 68 5.3 +1.8
IWL iShares Russell Top 200 ETF 7.5 15 60 5.2 +1.7
OEF iShares S&P 100 ETF 7.5 20 55 5.0 +1.5
SPMO Invesco S&P 500 Momentum ETF 7.4 13 62 4.5 +1.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 7.4 20 55 5.5 +2.0
SPXE ProShares S&P 500 Ex-Energy ETF 7.4 27 48 5.4 +2.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 7.4 20 55 5.1 +1.6
CATH Global X S&P 500 Catholic Values Custom ETF 7.4 29 46 5.3 +1.9
LEGR First Trust Index Digital Transaction & Process Technology E 7.4 65 10 7.3 +3.8
OGIG O'Shares Global Internet Giants ETF 7.4 48 27 0.5 -3.0
ESGV Vanguard ESG U.S. Stock ETF 7.4 12 63 5.3 +1.8
SPLG SPDR Portfolio Large Cap ETF 7.3 3 72 5.5 +2.0
IVV iShares Core S&P 500 ETF 7.3 4 71 5.5 +2.0
SPY SPDR S&P 500 ETF Trust 7.3 9 66 5.5 +2.0
VOO VANGUARD S&P 500 ETF 7.3 3 72 5.5 +2.0
RDVY First Trust Rising Dividend Achievers ETF 7.2 50 25 7.8 +4.3
RYT Invesco S&P 500 Equal Weight Technology ETF 7.2 40 35 7.4 +3.9
VV Vanguard Large-Cap Index Fund 7.2 4 71 5.4 +1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 7.2 2 73 5.4 +2.0
FQAL Fidelity Quality Factor ETF 7.2 29 46 5.5 +2.0
PBUS Invesco PureBeta MSCI USA ETF 7.2 4 71 5.4 +1.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 7.2 86 -11 2.4 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 7.2 9 66 5.6 +2.1
SUSA iShares MSCI USA ESG Select ETF 7.1 25 50 4.8 +1.3
SCHX Schwab U.S. Large-Cap ETF 7.1 3 72 5.4 +1.9
SPTM SPDR Portfolio Total Stock Market ETF 7.1 3 72 5.6 +2.1
MGK Vanguard Mega Cap Growth ETF 7.1 7 68 4.3 +0.8
SCHK Schwab 1000 Index ETF 7.1 5 70 5.4 +1.9
IYY iShares Dow Jones U.S. ETF 7.0 20 55 5.3 +1.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 7.0 42 33 5.7 +2.2
IWB iShares Russell 1000 ETF 7.0 15 60 5.3 +1.8
ESGU iShares MSCI USA ESG Optimized ETF 7.0 15 60 5.2 +1.7
VONE Vanguard Russell 1000 ETF 7.0 8 67 5.4 +1.9
VUG Vanguard Growth Index Fund 6.9 4 71 4.2 +0.7
FMK First Trust Mega Cap AlphaDEX Fund 6.9 70 5 5.3 +1.8
SCHB Schwab U.S. Broad Market ETF 6.9 3 72 5.4 +1.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 ETFMG Video Game Tech ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.1 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 3.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.37 CATEGORY
AVERAGE		 1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.