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ISIN
US33738R6475
CUSIP
33738R647
Inception Date
Jan 25, 2022
Leveraged
1x (No leverage)
Index Tracked
S-Network Streaming & Gaming Index
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$5M

Share Price Chart


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Performance

BNGE Performance Chart

First Trust S-Network Streaming and Gaming ETF (BNGE) is down 18.9% since the beginning of the year. BNGE is currently trading at $30 per share.


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S&P 500 Index

Returns By Period

First Trust S-Network Streaming and Gaming ETF (BNGE) has returned -18.91% so far this year and -11.93% over the past 12 months.


First Trust S-Network Streaming and Gaming ETF

1D
-1.36%
1M
-0.87%
YTD
-18.91%
6M
-19.21%
1Y
-11.93%
3Y*
13.03%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BNGE Monthly Returns History

Based on dividend-adjusted daily data since Jan 26, 2022, BNGE's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.

Historically, 54% of months were positive and 46% were negative. The best month was Jan 2023 with a return of +16.8%, while the worst month was Apr 2022 at -16.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BNGE closed higher 52% of trading days. The best single day was Mar 16, 2022 with a return of +10.0%, while the worst single day was Apr 4, 2025 at -7.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-7.39%-6.76%-6.30%2.21%-0.77%-1.18%-18.91%
20255.56%5.03%-5.79%4.87%7.62%12.12%2.10%3.43%4.07%-3.45%-2.45%-1.19%35.18%
20241.13%4.80%1.25%-6.41%4.12%1.60%1.38%-0.70%4.96%-1.69%10.68%-2.40%19.23%
202316.80%-4.07%9.09%-2.75%1.37%6.14%5.56%-5.99%-5.22%-2.38%12.17%4.15%37.21%
20224.51%-3.32%-4.89%-16.45%2.62%-9.23%5.97%-4.04%-13.58%4.15%9.97%-5.38%-28.77%

Benchmark Metrics

First Trust S-Network Streaming and Gaming ETF has an annualized alpha of -7.06%, beta of 1.16, and R2 of 0.65 versus S&P 500 Index. Calculated based on daily prices since January 26, 2022.

  • This ETF participated in 119.24% of S&P 500 Index downside but only 90.91% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -7.06% versus S&P 500 Index - delivering less than market exposure alone would predict.

Alpha
-7.06%
Beta
1.16
0.65
Upside Capture
90.91%
Downside Capture
119.24%

Expense Ratio

BNGE has an expense ratio of 0.70%, placing it in the medium range.


Return for Risk

Risk / Return Rank

BNGE ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


BNGE Risk / Return Rank: 44
Overall Rank
BNGE Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BNGE Sortino Ratio Rank: 44
Sortino Ratio Rank
BNGE Omega Ratio Rank: 44
Omega Ratio Rank
BNGE Calmar Ratio Rank: 55
Calmar Ratio Rank
BNGE Martin Ratio Rank: 55
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BNGEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.71

Sortino ratioReturn per unit of downside risk

-3.60

Omega ratioGain probability vs. loss probability

0.90

1.37

-0.47

Calmar ratioReturn relative to maximum drawdown

-0.43

2.78

-3.21

Martin ratioReturn relative to average drawdown

-0.80

12.44

-13.24

Dividends

Dividend History

First Trust S-Network Streaming and Gaming ETF provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.33 per share.


0.00%0.20%0.40%0.60%0.80%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.352022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.33$0.33$0.00$0.19$0.10

Dividend yield

1.09%0.89%0.01%0.81%0.59%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust S-Network Streaming and Gaming ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.27$0.00$0.00$0.00$0.00$0.00$0.06$0.33
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.02$0.00$0.00$0.15$0.19
2022$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.00$0.10

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust S-Network Streaming and Gaming ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust S-Network Streaming and Gaming ETF was 40.54%, occurring on Oct 14, 2022. Recovery took 436 trading sessions.

The current First Trust S-Network Streaming and Gaming ETF drawdown is 25.27%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-40.54%Oct 2022
8mo 6d1y 9mo
2y 5moFeb 2022 - Jul 2024
2026 bear market2026
-27.88%Mar 2026
6mo 1d
8mo 26dSep 2025 - now
2025 selloff2025
-19.76%Apr 2025
1mo 18d1mo 8d
2mo 26dFeb 2025 - May 2025
2024 correction2024
-12.07%Aug 2024
19d1mo 22d
2mo 11dJul 2024 - Sep 2024
2025 pullback2025
-6.25%Jan 2025
1mo 2d20d
1mo 22dDec 2024 - Jan 2025

Drawdown Indicators


BNGEBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-40.54%

-56.78%

+16.24%

Max Drawdown (1Y)

Largest decline over 1 year

-27.88%

-9.10%

-18.78%

Max Drawdown (3Y)

Largest decline over 3 years

-27.88%

-18.90%

-8.98%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-25.27%

-1.80%

-23.47%

Average Drawdown

Average peak-to-trough decline

-13.93%

-10.71%

-3.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.97%

2.03%

+12.94%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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