GAMR vs. BNGE

Last updated Jun 24, 2026

GAMR (Amplify Video Game Leaders ETF) and BNGE (First Trust S-Network Streaming and Gaming ETF) are both exchange-traded funds - GAMR is a Gaming fund tracking the VettaFi Video Game Leaders Index, while BNGE is a Technology Equities fund tracking the S-Network Streaming & Gaming Index. Both are passively managed. Over the past 3 years, GAMR returned 13.81%/yr vs 12.78%/yr for BNGE. Their correlation of 0.83 suggests significant overlap in exposure. GAMR charges 0.59%/yr vs 0.70%/yr for BNGE.

Performance

GAMR vs. BNGE - Performance Comparison

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

Returns By Period

In the year-to-date period, GAMR achieves a -3.32% return, which is significantly higher than BNGE's -19.44% return.

GAMR

• 1D: -1.31%
• 1M: -0.81%
• YTD: -3.32%
• 6M: -4.19%
• 1Y: 9.28%
• 3Y*: 13.81%
• 5Y*: -1.32%
• 10Y*: 12.32%

BNGE

• 1D: -0.66%
• 1M: -1.53%
• YTD: -19.44%
• 6M: -19.78%
• 1Y: -13.40%
• 3Y*: 12.78%
• 5Y*: —
• 10Y*: —

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

GAMR vs. BNGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GAMR Amplify Video Game Leaders ETF	-3.32%	39.20%	11.23%	6.89%	-29.22%
BNGE First Trust S-Network Streaming and Gaming ETF	-19.44%	35.18%	19.23%	37.21%	-28.77%

Correlation

The correlation between GAMR and BNGE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022	0.83

The correlation between GAMR and BNGE shifts across timeframes, from 0.72 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

GAMR vs. BNGE - Sectors Allocation Comparison

Sectors	GAMR	BNGE
Technology	65.4%	7.9%
Communication Services	25.0%	65.7%
Consumer Cyclical	9.1%	26.5%
Financial Services	0.1%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

GAMR vs. BNGE — Risk / Return Rank

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

GAMR

GAMR Risk / Return Rank: 13
GAMR Sharpe Ratio Rank: 15
GAMR Sortino Ratio Rank: 14
GAMR Omega Ratio Rank: 15
GAMR Calmar Ratio Rank: 12
GAMR Martin Ratio Rank: 12

BNGE

BNGE Risk / Return Rank: 4
BNGE Sharpe Ratio Rank: 3
BNGE Sortino Ratio Rank: 3
BNGE Omega Ratio Rank: 3
BNGE Calmar Ratio Rank: 5
BNGE Martin Ratio Rank: 5

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.

GAMR vs. BNGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Video Game Leaders ETF (GAMR) and First Trust S-Network Streaming and Gaming ETF (BNGE). 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.

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.

	GAMR	BNGE	Difference
Sharpe ratio: Return per unit of total volatility	0.40	-0.76	+1.16
Sortino ratio: Return per unit of downside risk	0.69	-0.97	+1.65
Omega ratio: Gain probability vs. loss probability	1.09	0.89	+0.20
Calmar ratio: Return relative to maximum drawdown	0.32	-0.48	+0.80
Martin ratio: Return relative to average drawdown	0.71	-0.89	+1.60

GAMR vs. BNGE - Sharpe Ratio Comparison

The current GAMR Sharpe Ratio is 0.40, which is higher than the BNGE Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of GAMR and BNGE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GAMR vs. BNGE - Drawdown Comparison

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

Drawdown Indicators

	GAMR	BNGE	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-40.54%	-14.83%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-27.88%	-1.48%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-27.88%	-1.48%
Max Drawdown (5Y) Largest decline over 5 years	-50.57%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-55.37%	—	—
Current Drawdown Current decline from peak	-19.45%	-25.77%	+6.32%
Average Drawdown Average peak-to-trough decline	-22.10%	-13.94%	-8.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.13%	15.06%	-1.93%

Volatility

GAMR vs. BNGE - Volatility Comparison

Amplify Video Game Leaders ETF (GAMR) has a higher volatility of 8.32% compared to First Trust S-Network Streaming and Gaming ETF (BNGE) at 4.67%. This indicates that GAMR's price experiences larger fluctuations and is considered to be riskier than BNGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAMR	BNGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	4.67%	+3.65%
Volatility (6M) Calculated over the trailing 6-month period	18.46%	13.56%	+4.90%
Volatility (1Y) Calculated over the trailing 1-year period	23.24%	17.73%	+5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.55%	25.08%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.35%	25.08%	-0.73%

GAMR vs. BNGE - Expense Ratio Comparison

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

Dividends

GAMR vs. BNGE - Dividend Comparison

GAMR's dividend yield for the trailing twelve months is around 0.54%, less than BNGE's 1.10% yield.

Position	TTM	2025	2024	2023	2022
BNGE First Trust S-Network Streaming and Gaming ETF	1.10%	0.89%	0.01%	0.81%	0.59%
GAMR Amplify Video Game Leaders ETF	0.54%	0.52%	0.63%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GAMR and BNGE in my portfolio?

GAMR and BNGE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAMR or BNGE?

GAMR has higher volatility (8.32%) compared to BNGE (4.67%). In terms of maximum drawdown, GAMR dropped -55.37% vs BNGE's -40.54%.

Which ETF is better, GAMR or BNGE?

On 3-year performance, GAMR leads with 13.81% vs 12.78% for BNGE. On fees, GAMR is cheaper at 0.59% per year. On volatility, BNGE has been the lower-risk option at 4.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GAMR or BNGE?

Over the 3-year period, GAMR has performed better with a 13.81% return vs 12.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GAMR or BNGE?

GAMR is cheaper with a 0.59% expense ratio, compared with 0.70% for BNGE.

Which ETF pays a higher dividend yield, GAMR or BNGE?

BNGE has the higher dividend yield at 1.10%, compared with 0.54% for GAMR.

What is the main difference between GAMR and BNGE?

GAMR is categorized as Gaming, while BNGE is Technology Equities. GAMR tracks VettaFi Video Game Leaders Index, while BNGE tracks S-Network Streaming & Gaming Index. They also come from different issuers: Amplify and First Trust. Their fees differ too: 0.59% for GAMR and 0.70% for BNGE.

Which has better risk-adjusted returns?

GAMR currently has the higher Sharpe Ratio (0.40 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.