GAMR vs. NERD

Last updated Jun 4, 2026

GAMR (Amplify Video Game Leaders ETF) and NERD (Roundhill Video Games ETF) are both Gaming funds. GAMR is passively managed, while NERD is actively managed. Over the past 5 years, GAMR returned -0.52%/yr vs -7.79%/yr for NERD. Their correlation of 0.82 suggests significant overlap in exposure. GAMR charges 0.59%/yr vs 0.50%/yr for NERD.

Performance

GAMR vs. NERD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Video Game Leaders ETF (GAMR) and Roundhill Video Games ETF (NERD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAMR achieves a 3.68% return, which is significantly higher than NERD's -16.00% return.

GAMR

• 1D: -0.83%
• 1M: 13.55%
• YTD: 3.68%
• 6M: 1.71%
• 1Y: 19.82%
• 3Y*: 16.12%
• 5Y*: -0.52%
• 10Y*: 12.82%

NERD

• 1D: -2.22%
• 1M: -3.36%
• YTD: -16.00%
• 6M: -19.58%
• 1Y: -17.66%
• 3Y*: 10.64%
• 5Y*: -7.79%
• 10Y*: —

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

GAMR vs. NERD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GAMR Amplify Video Game Leaders ETF	3.68%	39.20%	11.23%	6.89%	-36.96%	11.31%	76.83%	5.20%
NERD Roundhill Video Games ETF	-16.00%	23.14%	28.52%	12.94%	-43.30%	-17.57%	89.66%	6.91%

Correlation

The correlation between GAMR and NERD 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 (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 5, 2019	0.82

The correlation between GAMR and NERD shifts across timeframes, from 0.72 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

GAMR vs. NERD - Sectors Allocation Comparison

Sectors	GAMR	NERD
Technology	66.0%	3.9%
Communication Services	25.0%	91.1%
Consumer Cyclical	8.7%	3.9%
Financial Services	0.1%	0.0%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	1.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

GAMR vs. NERD — Risk / Return Rank

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

GAMR

GAMR Risk / Return Rank: 21
GAMR Sharpe Ratio Rank: 25
GAMR Sortino Ratio Rank: 24
GAMR Omega Ratio Rank: 25
GAMR Calmar Ratio Rank: 17
GAMR Martin Ratio Rank: 16

NERD

NERD Risk / Return Rank: 3
NERD Sharpe Ratio Rank: 2
NERD Sortino Ratio Rank: 2
NERD Omega Ratio Rank: 2
NERD Calmar Ratio Rank: 4
NERD Martin Ratio Rank: 4

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. NERD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Video Game Leaders ETF (GAMR) and Roundhill Video Games ETF (NERD). 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.

	GAMR	NERD	Difference
Sharpe ratio: Return per unit of total volatility	0.89	-0.89	+1.79
Sortino ratio: Return per unit of downside risk	1.30	-1.18	+2.48
Omega ratio: Gain probability vs. loss probability	1.17	0.86	+0.31
Calmar ratio: Return relative to maximum drawdown	0.68	-0.60	+1.28
Martin ratio: Return relative to average drawdown	1.55	-1.06	+2.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GAMR vs. NERD - Sharpe Ratio Comparison

The current GAMR Sharpe Ratio is 0.89, which is higher than the NERD Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of GAMR and NERD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GAMR	NERD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	-0.89	+1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	-0.32	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.20	+0.37

Drawdowns

GAMR vs. NERD - Drawdown Comparison

The maximum GAMR drawdown since its inception was -55.37%, smaller than the maximum NERD drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for GAMR and NERD.

Drawdown Indicators

	GAMR	NERD	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-65.58%	+10.21%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-29.67%	+0.31%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-29.67%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-50.57%	-58.92%	+8.35%
Max Drawdown (10Y) Largest decline over 10 years	-55.37%	—	—
Current Drawdown Current decline from peak	-13.61%	-45.51%	+31.90%
Average Drawdown Average peak-to-trough decline	-22.13%	-35.89%	+13.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.82%	16.75%	-3.93%

Volatility

GAMR vs. NERD - Volatility Comparison

Amplify Video Game Leaders ETF (GAMR) has a higher volatility of 5.88% compared to Roundhill Video Games ETF (NERD) at 3.89%. This indicates that GAMR's price experiences larger fluctuations and is considered to be riskier than NERD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAMR	NERD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.88%	3.89%	+1.99%
Volatility (6M) Calculated over the trailing 6-month period	17.37%	14.85%	+2.52%
Volatility (1Y) Calculated over the trailing 1-year period	22.32%	19.81%	+2.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.35%	24.51%	-0.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.27%	25.53%	-1.26%

GAMR vs. NERD - Expense Ratio Comparison

GAMR has a 0.59% expense ratio, which is higher than NERD's 0.50% expense ratio.

Dividends

GAMR vs. NERD - Dividend Comparison

GAMR's dividend yield for the trailing twelve months is around 0.50%, less than NERD's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GAMR Amplify Video Game Leaders ETF	0.50%	0.52%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%
NERD Roundhill Video Games ETF	0.75%	0.63%	1.74%	1.07%	0.69%	0.02%	1.05%	0.31%

Frequently Asked Questions

Can I hold both GAMR and NERD in my portfolio?

GAMR and NERD 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 NERD?

GAMR has higher volatility (5.88%) compared to NERD (3.89%). In terms of maximum drawdown, GAMR dropped -55.37% vs NERD's -65.58%.

Which ETF is better, GAMR or NERD?

On 5-year performance, GAMR leads with -0.52% vs -7.79% for NERD. On fees, NERD is cheaper at 0.50% per year. On volatility, NERD has been the lower-risk option at 3.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GAMR or NERD?

Over the 5-year period, GAMR has performed better with a -0.52% return vs -7.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GAMR or NERD?

NERD is cheaper with a 0.50% expense ratio, compared with 0.59% for GAMR.

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

NERD has the higher dividend yield at 0.75%, compared with 0.50% for GAMR.

What is the main difference between GAMR and NERD?

They also come from different issuers: Amplify and Roundhill Investments. Their fees differ too: 0.59% for GAMR and 0.50% for NERD.

Which has better risk-adjusted returns?

GAMR currently has the higher Sharpe Ratio (0.89 vs -0.89), 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.