Skip to Content
ETFs

Invesco Next Gen Media and Gaming ETF

GGME
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 23 2005
Expense Ratio
0.60%
Type
Global Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$139,820
AUM
$29,395,475
Associated Index
STOXX World AC NexGen Media Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
8.43%
AAPL
Apple Inc
8.29%
ADBE
Adobe Inc
7.71%
NVDA
NVIDIA Corp
7.58%
NFLX
Netflix Inc.
7.22%
QCOM
Qualcomm, Inc.
4.79%
700
Tencent Holdings Ltd.
4.63%
005930
Samsung Electronics
4.62%
ATVI
Activision Blizzard Inc
4.36%
AMD
Advanced Micro Devices Inc.
4.27%
Invest with GGME

What is GGME?

The Invesco Next Gen Media and Gaming ETF (Fund) is based on the STOXX World AC NexGen Media Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is of securities of companies with significant exposure to technologies or products that contribute to future media through direct revenue.

ETFs related toGGME

ETFs correlated to GGME include LGRO, GAUG, XAUG

GGME
Invesco Capital Management LLC - Invesco Next Gen Media and Gaming ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
FCOM
Fidelity Covington Trust - Fidelity MSCI Communication Services Index ETF
VOX
Vanguard Group, Inc. - Vanguard Communication Services ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta 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 toGGME

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with GGME using Composer

FAQ

GGME is a Global Equities ETF. The Invesco Next Gen Media and Gaming ETF (Fund) is based on the STOXX World AC NexGen Media Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is of securities of companies with significant exposure to technologies or products that contribute to future media through direct revenue.

GGME tracks the STOXX World AC NexGen Media Index.

No, GGME is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GGME is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GGME is -0.0222%. This is the percent change in the value of GGME over the most recent 1-month period. The 3-month return on GGME is -0.0315%. This is the percent change in the value of GGME over the most recent 3-month period.

The standard deviation of GGME for the past year is 0.2511%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GGME include IXJ, SMH, and URA.

ETFs correlated to GGME include LGRO, GAUG, and XAUG.

ETFs that are inversely correlated to GGME include HIBS, WEBS, and HDGE.

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.