GGME vs. VICE

Last updated Jun 24, 2026

GGME (Invesco Next Gen Media and Gaming ETF) and VICE (AdvisorShares Vice ETF) are both exchange-traded funds - GGME is a Technology Equities fund tracking the STOXX World AC NexGen Media Index - Benchmark TR Gross, while VICE is a Consumer Discretionary Equities fund actively managed by AdvisorShares. GGME is passively managed, while VICE is actively managed. Over the past 5 years, GGME returned 1.94%/yr vs -0.39%/yr for VICE. A 0.67 correlation means they provide meaningful diversification when combined. GGME charges 0.60%/yr vs 0.99%/yr for VICE.

Performance

GGME vs. VICE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Next Gen Media and Gaming ETF (GGME) and AdvisorShares Vice ETF (VICE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGME achieves a -0.82% return, which is significantly lower than VICE's 4.29% return.

GGME

• 1D: -1.72%
• 1M: -4.05%
• YTD: -0.82%
• 6M: -1.03%
• 1Y: 1.65%
• 3Y*: 21.00%
• 5Y*: 1.94%
• 10Y*: 10.10%

VICE

• 1D: -0.04%
• 1M: 0.55%
• YTD: 4.29%
• 6M: 2.72%
• 1Y: -0.93%
• 3Y*: 7.06%
• 5Y*: -0.39%
• 10Y*: —

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

GGME vs. VICE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGME Invesco Next Gen Media and Gaming ETF	-0.82%	16.39%	32.67%	23.76%	-36.43%	10.68%	36.26%	20.28%	1.97%	1.08%
VICE AdvisorShares Vice ETF	4.29%	1.56%	18.27%	3.01%	-18.28%	8.50%	22.45%	20.05%	-16.93%	4.19%

Correlation

The correlation between GGME and VICE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Dec 13, 2017	0.67

Over the past year, the correlation between GGME and VICE has dropped to 0.40 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

GGME vs. VICE - Sectors Allocation Comparison

Sectors	GGME	VICE
Technology	67.3%	5.4%
Communication Services	28.8%	6.0%
Consumer Cyclical	3.1%	33.7%
Financial Services	0.3%	-
Industrials	0.2%	-
Basic Materials	-	8.6%
Consumer Defensive	-	37.9%
Energy	-	-
Healthcare	-	-
Real Estate	-	8.4%
Utilities	-	-

Return for Risk

GGME vs. VICE — Risk / Return Rank

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

GGME

GGME Risk / Return Rank: 10
GGME Sharpe Ratio Rank: 10
GGME Sortino Ratio Rank: 9
GGME Omega Ratio Rank: 10
GGME Calmar Ratio Rank: 9
GGME Martin Ratio Rank: 9

VICE

VICE Risk / Return Rank: 8
VICE Sharpe Ratio Rank: 8
VICE Sortino Ratio Rank: 7
VICE Omega Ratio Rank: 8
VICE Calmar Ratio Rank: 8
VICE Martin Ratio Rank: 8

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.

GGME vs. VICE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) and AdvisorShares Vice ETF (VICE). 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.

	GGME	VICE	Difference
Sharpe ratio: Return per unit of total volatility	0.08	-0.07	+0.15
Sortino ratio: Return per unit of downside risk	0.25	-0.01	+0.25
Omega ratio: Gain probability vs. loss probability	1.03	1.00	+0.03
Calmar ratio: Return relative to maximum drawdown	0.07	-0.07	+0.13
Martin ratio: Return relative to average drawdown	0.15	-0.12	+0.26

GGME vs. VICE - Sharpe Ratio Comparison

The current GGME Sharpe Ratio is 0.08, which is higher than the VICE Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of GGME and VICE, 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

GGME vs. VICE - Drawdown Comparison

The maximum GGME drawdown since its inception was -69.13%, which is greater than VICE's maximum drawdown of -38.27%. Use the drawdown chart below to compare losses from any high point for GGME and VICE.

Drawdown Indicators

	GGME	VICE	Difference
Max Drawdown Largest peak-to-trough decline	-69.13%	-38.27%	-30.86%
Max Drawdown (1Y) Largest decline over 1 year	-25.23%	-13.59%	-11.64%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-19.55%	-5.68%
Max Drawdown (5Y) Largest decline over 5 years	-44.90%	-34.02%	-10.88%
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	—	—
Current Drawdown Current decline from peak	-10.38%	-7.55%	-2.83%
Average Drawdown Average peak-to-trough decline	-14.52%	-12.34%	-2.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.39%	7.90%	+3.49%

Volatility

GGME vs. VICE - Volatility Comparison

Invesco Next Gen Media and Gaming ETF (GGME) has a higher volatility of 8.48% compared to AdvisorShares Vice ETF (VICE) at 4.03%. This indicates that GGME's price experiences larger fluctuations and is considered to be riskier than VICE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGME	VICE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.48%	4.03%	+4.45%
Volatility (6M) Calculated over the trailing 6-month period	16.02%	9.38%	+6.64%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	13.27%	+6.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.37%	17.71%	+6.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.22%	19.16%	+4.06%

GGME vs. VICE - Expense Ratio Comparison

GGME has a 0.60% expense ratio, which is lower than VICE's 0.99% expense ratio.

Dividends

GGME vs. VICE - Dividend Comparison

GGME's dividend yield for the trailing twelve months is around 0.02%, less than VICE's 0.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGME Invesco Next Gen Media and Gaming ETF	0.02%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%
VICE AdvisorShares Vice ETF	0.75%	0.79%	1.46%	1.69%	0.96%	0.99%	0.00%	2.47%	1.72%	0.17%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGME and VICE in my portfolio?

GGME and VICE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGME or VICE?

GGME has higher volatility (8.48%) compared to VICE (4.03%). In terms of maximum drawdown, GGME dropped -69.13% vs VICE's -38.27%.

Which ETF is better, GGME or VICE?

On 5-year performance, GGME leads with 1.94% vs -0.39% for VICE. On fees, GGME is cheaper at 0.60% per year. On volatility, VICE has been the lower-risk option at 4.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGME or VICE?

Over the 5-year period, GGME has performed better with a 1.94% return vs -0.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGME or VICE?

GGME is cheaper with a 0.60% expense ratio, compared with 0.99% for VICE.

Which ETF pays a higher dividend yield, GGME or VICE?

VICE has the higher dividend yield at 0.75%, compared with 0.02% for GGME.

What is the main difference between GGME and VICE?

GGME is categorized as Technology Equities, while VICE is Consumer Discretionary Equities. They also come from different issuers: Invesco and AdvisorShares. Their fees differ too: 0.60% for GGME and 0.99% for VICE.

Which has better risk-adjusted returns?

GGME currently has the higher Sharpe Ratio (0.08 vs -0.07), 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.