BNGE - ETF AI Analysis
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First Trust S-Network Streaming and Gaming ETF (BNGE)
Rating:64Neutral
Price Target:―
Positive Factors
Global Exposure Across Major Markets
The fund invests in companies from the U.S., Asia, Europe, and Australia, which helps spread risk across different regions and economies.
Focused Exposure to Streaming and Gaming Leaders
Many of the top holdings are well-known streaming and gaming companies, giving investors targeted access to this specific growth theme.
Recent Short-Term Recovery
Despite weak results so far this year, the fund has shown a recent uptick over the past month, suggesting some short-term improvement in sentiment.
Negative Factors
High Expense Ratio
The fund’s relatively high annual fee means more of the investment return goes to costs instead of staying in investors’ pockets.
Recent Weak Performance
The ETF has delivered negative results so far this year and over the past three months, which may concern investors looking for steadier returns.
Heavy Concentration in Communication Services
A large portion of the portfolio is tied to one main sector, increasing the risk that a downturn in communication services could significantly hurt the fund.
BNGE vs. SPDR S&P 500 ETF (SPY)
AUM4.59M
RegionGlobal
Expense Ratio0.70%
Beta0.94
IssuerFirst Trust
Inception DateJan 25, 2022
Dividend Yield0.39%
Asset ClassEquity
Index TrackedS-Network Streaming & Gaming Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,594
30 Day Avg. Volume1,087
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
39.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering44
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BNGE Summary
The First Trust S-Network Streaming and Gaming ETF (BNGE) tracks the S-Network Streaming & Gaming Index, focusing on companies tied to video games, eSports, and online streaming. It holds well-known names like Sony, Nintendo, Walt Disney, and Roku, giving investors a way to invest in the growing world of interactive entertainment and digital content. Someone might choose this ETF for potential long-term growth and diversification across global gaming and streaming companies. However, it is heavily focused on this single theme, so its price can swing a lot and may fall if gaming and streaming stocks lose popularity or face setbacks.
How much will it cost me?The expense ratio for the First Trust S-Network Streaming and Gaming ETF (BNGE) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a niche sector like video games and eSports, which requires specialized research and management.
What would affect this ETF?The BNGE ETF could benefit from the growing popularity of gaming and streaming platforms, as well as advancements in technology that enhance user experiences. However, it may face challenges from regulatory changes in key markets, economic downturns that reduce consumer spending on entertainment, or increased competition within the gaming and streaming industries. Its global exposure and focus on companies like Roblox, Netflix, and Nintendo position it well for growth but also make it sensitive to international market conditions.
BNGE Top 10 Holdings
BNGE is essentially a bet on global streaming and gaming heavyweights, with names like Roku and Warner Bros. Discovery doing much of the heavy lifting thanks to rising momentum in connected TV and streaming content. On the other side, big platforms such as Netflix, Tencent, and Nintendo have been lagging, acting like a brake on the fund’s overall progress despite solid long-term stories. With most exposure in communication services and consumer-facing entertainment, and a mix of U.S., Japanese, and Chinese giants, this ETF is tightly focused on the digital leisure revolution.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nintendo Co | 5.59% | $258.63K | ¥9.34T | -41.53% | 63 Neutral | |
| Warner Bros | 5.58% | $258.26K | $77.48B | 63.80% | 68 Neutral | |
| Sony | 5.37% | $248.14K | ¥21.98T | -23.30% | 73 Outperform | |
| Walt Disney | 5.28% | $244.34K | $183.29B | -8.01% | 75 Outperform | |
| Roku | 5.24% | $242.29K | $22.67B | 52.55% | 65 Neutral | |
| Spotify | 4.93% | $227.86K | $105.00B | -31.70% | 66 Neutral | |
| Aristocrat Leisure | 4.56% | $210.64K | AU$34.60B | -16.54% | 67 Neutral | |
| Tencent Holdings | 4.54% | $210.00K | HK$3.93T | -33.22% | 75 Outperform | |
| Netflix | 4.42% | $204.16K | $296.24B | -42.61% | 73 Outperform | |
| Netease Inc | 4.31% | $199.22K | HK$576.09B | -18.23% | 80 Outperform |
BNGE Technical Analysis
Negative
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Price Trends
32.05
Negative
31.49
Negative
32.42
Negative
Market Momentum
-0.39
Positive
35.13
Neutral
2.21
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BNGE, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 31.86, equal to the 50-day MA of 32.05, and equal to the 200-day MA of 32.42, indicating a bearish trend. The MACD of -0.39 indicates Positive momentum. The RSI at 35.13 is Neutral, neither overbought nor oversold. The STOCH value of 2.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BNGE.
BNGE Peer Comparison
Comparison Results
Performance Comparison
BNGE
First Trust S-Network Streaming and Gaming ETF
30.64
-9.52
-23.71%
FFND
Future Fund Active ETF
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HERO
Global X Video Games & Esports ETF
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GAMR
Amplify Video Game Leaders ETF
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NERD
Roundhill BITKRAFT Esports & Digital Entertainment ETF
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ODDS
Pacer BlueStar Digital Entertainment ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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