GGME vs HERO

GGMECInvesco Next Gen Media and Gaming ETF

HEROBGlobal X Video Games & Esports ETF

In short

GGME The wide-angle lens in the gaming aisle: GGME's index chases "future media" broadly, so streaming and platform names sit beside game makers across roughly 100 global stocks. Fee is 0.63% net of a waiver through August 31, 2028.

HERO A pure play on the companies that make and monetize games: roughly 40 video game and esports names in one index fund, priced under the typical fee in its niche.

Stated mandate

GGME The fund tracks the STOXX World AC NexGen Media Index and normally invests at least 90% of assets in common stocks comprising that index. The index focuses on companies exposed to technologies or products contributing to future media.

HERO The Fund seeks to deliver investment results that generally correspond to the price and yield performance of the Solactive Video Games & Esports Index before fees and expenses.

Why people hold it

• GGME Tracks the STOXX World AC NexGen Media Index with at least 90% of assets in index stocks, a mandate built around future media rather than game publishers alone.
• Spreads the theme across roughly 100 global stocks, any market cap, so the thesis does not hinge on one studio's release calendar.stoxx.com
• Fund and index rebalance quarterly, on the second Friday of March, June, September and December, so the basket keeps pace as media shifts.bloomberg.com
• Listed in 2005 and later retooled (new ticker included) into its current next gen media and gaming mandate, giving it more live market history than most thematic shelves.bloomberg.com

• HERO Costs 0.50% a year, below the 0.55% median for gaming and esports funds, including VanEck's ESPO at 0.55% and Invesco's GGME at 0.71%.
• Does exactly what the label says: tracks the Solactive Video Games & Esports Index, not a broad tech basket with a few game studios sprinkled in.
• Launched in 2019, part of the first wave of gaming funds, and it grades in the upper half of its peer group.

Worth knowing

• GGME At 0.63% net of a waiver through August 31, 2028, it sits above the category median and above unwaived peers ESPO (0.55%) and HERO (0.50%).
• A small fund that trades lightly, so spreads can widen and large orders may need patience.
• The broad definition cuts both ways: mega-cap media and platform names are eligible, so it overlaps other tech holdings more than a pure gaming basket would.stoxx.com

• HERO Thinly traded. Limit orders matter here, and spreads can widen when the market gets jumpy.
• About 40 stocks in one industry. Concentration cuts both ways, and the fund rides the gaming cycle with little to cushion it.
• Distributions come once or twice a year. This is a growth-theme equity fund, not an income line.

Full GGME profile⁠

Full HERO profile⁠