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BNGE vs NERD

First Trust S-Network Streaming & Gaming ETF

BNGECNYSE Arca

Roundhill Video Games ETF

NERDCCboe

Overlap

30.1%by weight

Expense ratio

NERD −0.20pt a year

BNGE0.70%NERD0.50%

Avg volume · 30D

NERD 1.5×the volume

BNGE1KNERD1.49K

3Y return · a year

NERD +3.1pt

BNGE+15.9%NERD+19.0%

BNGE vs NERD Performance

Oct 31, 2025 – Oct 30, 2026

−20.4%BNGE−16.3%NERD

Oct 31, 2025 to Oct 30, 2026. BNGE −20.4%. NERD −16.3%. Use the arrow keys to read each point.−25%−10%−5%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BNGE 0.70%
NERD 0.50%, better
Fund size
BNGE $5M
NERD $14M
1Y total return
BNGE −20.4%
NERD −16.3%, better
Yield (12M)
BNGE 0.39%
NERD 0.69%, better
Holdings
BNGE 48
NERD 42
Avg volume (30D)
BNGE 1K sh
NERD 1.49K sh, better
NAV per share
BNGE $30.99
NERD $22.11
52W range

ETF.net Grade

BNGE: Cost 19, Risk 58, Mission not scored, Tradability 52, Holdings 81, Durability 41. NERD: Cost 71, Risk 45, Mission not scored, Tradability 25, Holdings 41, Durability 45.
Pillar letters and Scores for BNGE, NERD, with each pillar’s weight
PillarBNGENERD
Cost30% weightF19A71Higher
Mission25% weightNot scoredNot scored
Risk15% weightB58HigherC45
Tradability15% weightC52HigherD25
Holdings10% weightA81HigherC41
Durability5% weightC41C45Higher

Rank among Gaming, Esports & Betting funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BNGE and NERD are both graded against the same 9 Gaming, Esports & Betting funds, so their Grades compare head to head.

Gaming, Esports & Betting⁠

Category · 9 funds
See all 9 ›

NERD ranks 4th and BNGE 6th of 9 funds in the Gaming, Esports & Betting Category.

  1. Rank 1BESPOVanEck Video Gaming and eSports ETFScore 63
  2. Rank 2BHEROGlobal X Video Games & Esports ETFScore 57
  3. Rank 3CGGMEInvesco Next Gen Media and Gaming ETFScore 52
  4. Rank 4CNERDRoundhill Video Games ETFScore 50
  5. Rank 5CGAMRAmplify Video Game Leaders ETFScore 43
  6. Rank 6CBNGEFirst Trust S-Network Streaming & Gaming ETFScore 40
  7. Rank 6CODDSPacer BlueStar Digital Entertainment ETFScore 40

Our read on each fund

ETF.net Research

BNGECFirst Trust S-Network Streaming & Gaming ETF

NERDCRoundhill Video Games ETF

In short

BNGE Most gaming ETFs stop at the console. BNGE buys the whole screen: streaming platforms, video game makers and betting operators in one basket of roughly 50 stocks, tracking the S-Network Streaming & Gaming Index.

NERD Roundhill's 2019 gaming pure play: about 40 companies that make, publish and distribute video games across console, PC, mobile and cloud, plus esports. Priced under the typical fund on the gaming shelf, though it stays small and lightly traded.

Stated mandate

BNGE The fund seeks investment results that generally track the price and yield performance of the S-Network Streaming & Gaming Index before fees and expenses.

NERD The fund focuses on companies in the video games industry, including publishers, developers, distributors of interactive gaming software for console, PC, mobile, and cloud platforms, related online gaming services, and esports.

Why people hold it

  • BNGE One ticket to the whole attention economy: streaming, gaming and wagering names together, not just the console-and-esports slice most rivals buy.ftportfolios.com
  • The portfolio is the strong suit. About 50 holdings, and its construction stacks up well against the rest of the gaming and esports group.
  • Rules-based since its 2022 launch: First Trust follows a published index, so the lineup comes from methodology rather than a manager's hunch.ftportfolios.com
  • NERD Charges 0.50%, below the 0.55% median for gaming and esports funds, level with HERO and under ESPO's 0.55%.
  • A real pure play: publishers, developers and distributors spanning console, PC, mobile and cloud, plus esports and online gaming services, drawn globally rather than US only.
  • Launched in 2019, an early entrant on the gaming shelf, from an issuer whose whole shop is built on thematic funds.
  • Roughly 40 holdings, so a breakout franchise carries real weight instead of getting diluted across hundreds of names.

Worth knowing

  • BNGE Price of the wider net: 0.70% a year, above most of the gaming cohort, including ESPO and HERO.
  • Small asset base and thin trading. Spreads can widen, and sub-scale funds face more closure risk than the category's giants.
  • Not an income sleeve: distributions arrive once or twice a year, and the theme is built on growth-style entertainment and tech names.
  • NERD Small fund, thin volume. Spreads can widen, so limit orders and a look at the day's activity matter more here than with a mega-cap index fund.
  • The prospectus names a broad global all-cap index as its reference, so performance isn't framed against a gaming-only benchmark.roundhillinvestments.com
  • Distributions come once or twice a year at most. This is a growth theme, not an income line.

Full BNGE profile⁠

Full NERD profile⁠

BNGE vs NERD Holdings

How BNGE and NERD differ

Overlap by weight

30.1%

Shared holdings make up 52.8% of NERD and 30.1% of BNGE.

Level by level

  • Holdings11 in both30.1%
  • Countryby domicile62.3%
  • Sector4 Sectors76.7%
  • Asset classEquity100%

Sector

Sector weights in BNGE and NERD, widest gap first
SectorMore in BNGEMore in NERD
CommunicationNERD +22.2 points
Consumer DiscretionaryBNGE +18.4 points
TechnologyBNGE +4.9 points
IndustrialsNERD +1.1 points

Country, concentration and asset class

Country by domicile

Country weights in BNGE and NERD, widest gap first
CountryMore in BNGEMore in NERD
United StatesBNGE +26.4 points
JapanNERD +19.5 points
South KoreaNERD +11.7 points
AustraliaBNGE +5.3 points
TaiwanNERD +2.9 points
ItalyBNGE +2.3 points
PolandNERD +1.4 points
SwedenNERD +1.3 points
Other countries (7)BNGE +2.7 points

Outside the US: BNGE 64% developed, 36% emerging. NERD 57% developed, 43% emerging.

Concentration

Weight in the 10 largest Holdings

  • BNGE46.5%
  • NERD63.6%

Securities held

  • BNGE45
  • NERD41

Asset class

BNGE
Equity
NERD
Equity

Holdings

  • Only in BNGE34
  • In both11
  • Only in NERD30

Only in BNGE

34 securities, 69.5% of BNGE by weight

  • Spotify Technology S.A.5.08%
  • Sony Group Corp.4.86%
  • Aristocrat Leisure Limited4.84%

Only in NERD

30 securities, 46.5% of NERD by weight

  • Netease Inc11.39%
  • Bandai Namco Holdings Inc6.19%
  • International Games System Co Ltd2.82%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in BNGE and NERD, widest gap first
HoldingMore in BNGEMore in NERD
Nintendo Co., Ltd.NERD +5.75 points
Take-Two Interactive Software, Inc.TTWONERD +3.02 points
Roblox Corporation (Class A)RBLXNERD +2.50 points
Nexon Co., Ltd.NERD +2.29 points
Capcom Co., Ltd.NERD +1.76 points
Konami Group CorporationNERD +1.41 points
Square Enix Holdings Co., Ltd.NERD +1.35 points
CD Projekt S.A.NERD +1.34 points

All 45 BNGE holdings⁠All 39 NERD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BNGE vs NERD Cost

Overpaying BNGE vs NERD

$3,627

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BNGE 0.70%

    $13,606

  • NERD 0.50%

    $9,979

$10,000
30 years

Cost over time

  • BNGE 0.70%
  • NERD 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BNGE $13,606NERD $9,979

Year by year

YearBNGENERDOverpaying
10$1,250$900$350
20$4,760$3,460$1,300
30$13,606$9,979$3,627

Expense ratio

  • 0.70%BNGE
  • 0.50%NERD, cheaper
  • Middle half of Gaming, Esports & Betting funds
  • Median 0.55%

NERD 3rd cheapest of 9 funds

BNGE 8th cheapest of 9 funds

BNGE vs NERD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BNGE 0.39%
NERD 0.69%, better
Payout (12M)
BNGE $0.12
NERD $0.15
Last payment
BNGE $0.06
NERD $0.15
Ex-dividend
BNGE Jun 25, 2026
NERD Dec 30, 2025
Paid on
BNGE Jun 30, 2026
NERD Dec 31, 2025
Frequency
BNGE Twice a year
NERD Annual

Distribution history

Per share, 2019 to 2026, same scale for both

BNGETwice a year · 9 paymentsAll BNGE payments⁠
One bar per payment. 9 payments from 2019 to 2026 YTD. Mar 25, 2022 $0.0027; Jun 24, 2022 $0.10; Jun 27, 2023 $0.02; Sep 22, 2023 $0.02; Dec 22, 2023 $0.15; Mar 21, 2024 $0.0027; Jun 26, 2025 $0.27; Dec 12, 2025 $0.06; Jun 25, 2026 $0.06. Use the arrow keys to read each point.$0$0.25202020232026YTD
NERDAnnual · 7 paymentsAll NERD payments⁠
One bar per payment. 7 payments from 2019 to 2026 YTD. Dec 27, 2019 $0.05; Dec 29, 2020 $0.32; Dec 23, 2021 $0.0052; Dec 13, 2022 $0.10; Dec 27, 2023 $0.17; Dec 30, 2024 $0.34; Dec 30, 2025 $0.15. Use the arrow keys to read each point.$0$0.25202020232026YTD

BNGE vs NERD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BNGE 17.6%, betterNERD 18.6%
Return per unit of riskSharpe ratio, 3 years
BNGE 0.67NERD 0.79, better
Worst fallMax drawdown, 5 years
BNGE −40.6%since Jan 2022NERD −54.1%
Market sensitivityBeta, 5 years
BNGE 0.96NERD 0.95

BNGE and NERD in the news

All news⁠

Popular comparisons

  • BNGECvsESPOB

    First Trust S-Network Streaming & Gaming ETF · VanEck Video Gaming and eSports ETF

    Expense ratio
    0.70% · 0.55%
    Category
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  • NERDCvsESPOB

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  • BNGECvsHEROB

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    Expense ratio
    0.70% · 0.50%
    Category
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  • NERDCvsHEROB

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    Expense ratio
    0.50% · 0.50%
    Category
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  • BNGECvsGGMEC

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    Expense ratio
    0.70% · 0.63%
    Category
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  • NERDCvsGGMEC

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    Expense ratio
    0.50% · 0.63%
    Category
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