Videogame ETFs Are in Growth Mode

Fund investors who want to bet on the fast-growing videogame industry now have more choices than ever

Exchange-traded-fund investors who want to bet on the fast-growing videogaming industry now have more ways to do it than ever before.
In recent years, fund firms have launched several new ETFs focused on videogames and esports, a form of competitive videogaming that spectators watch like a sporting event. Still, while all of the products are to capitalize on the same trend, they don’t mirror each other in terms of holdings or costs.
“With thematic-oriented investing, the devil is really in the details,” says Todd Rosenbluth head of ETF and mutual-fund research at New York-based financial-analysis company CFRA.
The ETFs in this sector include ETFMG Video Game Tech (GAMR), VanEck Vectors Video Gaming and eSports (ESPO), Roundhill Bitkraft Esports & Digital Entertainment (NERD) and Global X Video Games & Esports ETF (HERO).
Don’t let the similarity of their names fool you, analysts says.
Read more here: https://www.wsj.com/articles/videogame-etfs-are-in-growth-mode-11581304081