Global X Video Games & Esports ETF

Frequently Asked Questions About HERO

What does HERO invest in?

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.

What is the expense ratio of HERO?

Global X Video Games & Esports ETF (HERO) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HERO?

Global X Video Games & Esports ETF (HERO) manages $59.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is HERO actively managed or an index fund?

HERO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HERO launched?

Global X Video Games & Esports ETF (HERO) launched in October 2019 and is managed by Global X.

How has HERO performed?

HERO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.