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First Trust S-Network Streaming and Gaming ETF

BNGE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 25 2022
Expense Ratio
0.70%
Type
Global Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$35,961
AUM
$4,086,040
Associated Index
S-Network Streaming & Gaming Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

NVDA
NVIDIA Corp
5.04%
WBD
Warner Bros. Discovery Inc - Ordinary Shares - Class A
4.79%
700
Tencent Holdings Ltd.
4.70%
NFLX
Netflix Inc.
4.64%
DIS
Walt Disney Co (The)
4.62%
NTES
NetEase Inc - ADR
4.55%
YY
JOYY Inc - ADR
4.50%
AMD
Advanced Micro Devices Inc.
4.46%
6758
Sony Group Corporation
4.40%
7974
Nintendo Co. Ltd
4.36%
Invest with BNGE

What is BNGE?

The First Trust S-Network Streaming & Gaming ETF seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the S-Network Streaming & Gaming Index. The Fund will normally invest at least 80% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by S-Network Global Indexes, Inc. The Index Provider retains the right at any time, upon prior written notice, to modify the Index methodology.

ETFs related toBNGE

ETFs correlated to BNGE include IRBO, ESPO, IWFH

BNGE
First Trust Exchange-Traded Fund VI - First Trust S-Network Streaming and Gaming ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
ESPO
VanEck ETF Trust - VanEck Video Gaming and eSports ETF
IWFH
iShares Trust - iShares Virtual Work and Life Multisector ETF
GINN
Goldman Sachs ETF Trust - Goldman Sachs Innovate Equity ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
OND
ProShares Trust - ProShares On-Demand ETF
EBIZ
Global X Funds - Global X E-commerce ETF
ARVR
First Trust Exchange-Traded Fund II - First Trust IndxxMetaverse ETF
MTVR
Exchange Traded Concepts Trust - Fount Metaverse ETF
NBCC
Neuberger Berman ETF Trust - Neuberger Berman Next Generation Connected Consumer ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBNGE

#SIN

Safety in Sin Stocks

Category

Grow Your Portfolio

Risk Rating

Aggressive

Can contain

BNGEESPO

Create your own algorithmic trading strategy with BNGE using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.