BNGE vs. GAMR

Last updated Apr 1, 2026

Compare and contrast key facts about First Trust S-Network Streaming and Gaming ETF (BNGE) and Amplify Video Game Leaders ETF (GAMR).

BNGE and GAMR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNGE is a passively managed fund by First Trust that tracks the performance of the S-Network Streaming & Gaming Index. It was launched on Jan 25, 2022. GAMR is a passively managed fund by Amplify that tracks the performance of the VettaFi Video Game Leaders Index. It was launched on Mar 7, 2016. Both BNGE and GAMR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BNGE vs. GAMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Streaming and Gaming ETF (BNGE) and Amplify Video Game Leaders ETF (GAMR). The values are adjusted to include any dividend payments, if applicable.

BNGE vs. GAMR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BNGE First Trust S-Network Streaming and Gaming ETF	-19.09%	35.18%	19.23%	37.21%	-28.77%
GAMR Amplify Video Game Leaders ETF	-17.16%	39.20%	11.23%	6.89%	-29.18%

Returns By Period

In the year-to-date period, BNGE achieves a -19.09% return, which is significantly lower than GAMR's -17.16% return.

BNGE

• 1D: 3.38%
• 1M: -6.30%
• YTD: -19.09%
• 6M: -24.70%
• 1Y: 4.72%
• 3Y*: 13.55%
• 5Y*: —
• 10Y*: —

GAMR

• 1D: 4.27%
• 1M: -5.38%
• YTD: -17.16%
• 6M: -21.93%
• 1Y: 13.90%
• 3Y*: 7.48%
• 5Y*: -4.99%
• 10Y*: 11.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BNGE vs. GAMR - Expense Ratio Comparison

BNGE has a 0.70% expense ratio, which is higher than GAMR's 0.59% expense ratio.

BNGE

First Trust S-Network Streaming and Gaming ETF

GAMR

Amplify Video Game Leaders ETF

Return for Risk

BNGE vs. GAMR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNGE

BNGE Risk / Return Rank: 17
BNGE Sharpe Ratio Rank: 18
BNGE Sortino Ratio Rank: 19
BNGE Omega Ratio Rank: 19
BNGE Calmar Ratio Rank: 15
BNGE Martin Ratio Rank: 15

GAMR

GAMR Risk / Return Rank: 27
GAMR Sharpe Ratio Rank: 30
GAMR Sortino Ratio Rank: 32
GAMR Omega Ratio Rank: 32
GAMR Calmar Ratio Rank: 22
GAMR Martin Ratio Rank: 21

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.

BNGE vs. GAMR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) and Amplify Video Game Leaders ETF (GAMR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BNGE	GAMR	Difference
Sharpe ratio Return per unit of total volatility	0.22	0.51	-0.29
Sortino ratio Return per unit of downside risk	0.46	0.90	-0.43
Omega ratio Gain probability vs. loss probability	1.06	1.12	-0.06
Calmar ratio Return relative to maximum drawdown	0.14	0.43	-0.30
Martin ratio Return relative to average drawdown	0.39	1.18	-0.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNGE vs. GAMR - Sharpe Ratio Comparison

The current BNGE Sharpe Ratio is 0.22, which is lower than the GAMR Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of BNGE and GAMR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BNGE	GAMR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	0.51	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.48	-0.24

Correlation

The correlation between BNGE and GAMR is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BNGE vs. GAMR - Dividend Comparison

BNGE's dividend yield for the trailing twelve months is around 1.09%, more than GAMR's 0.63% yield.

	TTM	2025	2024	2023	2022
BNGE First Trust S-Network Streaming and Gaming ETF	1.09%	0.89%	0.01%	0.81%	0.59%
GAMR Amplify Video Game Leaders ETF	0.63%	0.52%	0.63%	0.00%	0.00%

Drawdowns

BNGE vs. GAMR - Drawdown Comparison

The maximum BNGE drawdown since its inception was -40.54%, smaller than the maximum GAMR drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for BNGE and GAMR.

Drawdown Indicators

	BNGE	GAMR	Difference
Max Drawdown Largest peak-to-trough decline	-40.54%	-55.37%	+14.83%
Max Drawdown (1Y) Largest decline over 1 year	-27.88%	-29.36%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	—	-51.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-55.37%	—
Current Drawdown Current decline from peak	-25.44%	-30.97%	+5.53%
Average Drawdown Average peak-to-trough decline	-13.40%	-22.13%	+8.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.95%	10.77%	-0.82%

Volatility

BNGE vs. GAMR - Volatility Comparison

The current volatility for First Trust S-Network Streaming and Gaming ETF (BNGE) is 6.87%, while Amplify Video Game Leaders ETF (GAMR) has a volatility of 9.00%. This indicates that BNGE experiences smaller price fluctuations and is considered to be less risky than GAMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNGE	GAMR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.87%	9.00%	-2.13%
Volatility (6M) Calculated over the trailing 6-month period	13.89%	17.65%	-3.76%
Volatility (1Y) Calculated over the trailing 1-year period	21.94%	27.42%	-5.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.49%	24.25%	+1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.49%	24.19%	+1.30%