GGME vs. XT

Last updated Jun 4, 2026

GGME (Invesco Next Gen Media and Gaming ETF) and XT (iShares Future Exponential Technologies ETF) are both Technology Equities funds - GGME tracks the STOXX World AC NexGen Media Index - Benchmark TR Gross while XT tracks the Morningstar Exponential Technologies Index (Net). Both are passively managed. Over the past 10 years, GGME returned 10.45%/yr vs 14.70%/yr for XT. A 0.78 correlation means they provide meaningful diversification when combined. GGME charges 0.60%/yr vs 0.46%/yr for XT.

Performance

GGME vs. XT - Performance Comparison

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

Returns By Period

In the year-to-date period, GGME achieves a 7.37% return, which is significantly lower than XT's 20.20% return. Over the past 10 years, GGME has underperformed XT with an annualized return of 10.45%, while XT has yielded a comparatively higher 14.70% annualized return.

GGME

• 1D: -0.32%
• 1M: 12.63%
• YTD: 7.37%
• 6M: 5.66%
• 1Y: 13.51%
• 3Y*: 24.13%
• 5Y*: 4.50%
• 10Y*: 10.45%

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

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

GGME vs. XT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGME Invesco Next Gen Media and Gaming ETF	7.37%	16.39%	32.67%	23.76%	-36.43%	10.68%	36.26%	20.28%	1.97%	7.61%
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	27.02%	-27.83%	16.43%	35.10%	30.74%	-4.93%	33.71%

Correlation

The correlation between GGME and XT is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Mar 25, 2015	0.78

The correlation between GGME and XT has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.

GGME vs. XT - Sectors Allocation Comparison

Sectors	GGME	XT
Technology	56.5%	43.5%
Communication Services	40.1%	5.2%
Consumer Cyclical	3.0%	7.9%
Industrials	0.4%	10.1%
Financial Services	0.3%	3.3%
Basic Materials	-	2.0%
Consumer Defensive	-	0.0%
Energy	-	0.3%
Healthcare	-	23.4%
Real Estate	-	0.0%
Utilities	-	4.6%

Return for Risk

GGME vs. XT — Risk / Return Rank

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

GGME

GGME Risk / Return Rank: 19
GGME Sharpe Ratio Rank: 22
GGME Sortino Ratio Rank: 21
GGME Omega Ratio Rank: 21
GGME Calmar Ratio Rank: 16
GGME Martin Ratio Rank: 15

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

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. XT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) and iShares Future Exponential Technologies ETF (XT). 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.

	GGME	XT	Difference
Sharpe ratio: Return per unit of total volatility	0.73	2.89	-2.16
Sortino ratio: Return per unit of downside risk	1.10	3.83	-2.73
Omega ratio: Gain probability vs. loss probability	1.14	1.48	-0.34
Calmar ratio: Return relative to maximum drawdown	0.54	4.41	-3.87
Martin ratio: Return relative to average drawdown	1.21	18.51	-17.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGME vs. XT - Sharpe Ratio Comparison

The current GGME Sharpe Ratio is 0.73, which is lower than the XT Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of GGME and XT, 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

	GGME	XT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	2.89	-2.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.41	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.73	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.66	-0.31

Drawdowns

GGME vs. XT - Drawdown Comparison

The maximum GGME drawdown since its inception was -69.13%, which is greater than XT's maximum drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for GGME and XT.

Drawdown Indicators

	GGME	XT	Difference
Max Drawdown Largest peak-to-trough decline	-69.13%	-34.41%	-34.72%
Max Drawdown (1Y) Largest decline over 1 year	-25.23%	-10.45%	-14.78%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-22.09%	-3.14%
Max Drawdown (5Y) Largest decline over 5 years	-44.90%	-34.41%	-10.49%
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	-34.41%	-11.94%
Current Drawdown Current decline from peak	-2.98%	-0.47%	-2.51%
Average Drawdown Average peak-to-trough decline	-14.54%	-7.41%	-7.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.22%	2.49%	+8.73%

Volatility

GGME vs. XT - Volatility Comparison

Invesco Next Gen Media and Gaming ETF (GGME) has a higher volatility of 5.12% compared to iShares Future Exponential Technologies ETF (XT) at 4.85%. This indicates that GGME's price experiences larger fluctuations and is considered to be riskier than XT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGME	XT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	4.85%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	14.30%	11.94%	+2.36%
Volatility (1Y) Calculated over the trailing 1-year period	18.63%	15.99%	+2.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.16%	20.76%	+3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.14%	20.08%	+3.06%

GGME vs. XT - Expense Ratio Comparison

GGME has a 0.60% expense ratio, which is higher than XT's 0.46% expense ratio.

Dividends

GGME vs. XT - Dividend Comparison

GGME's dividend yield for the trailing twelve months is around 0.12%, less than XT's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGME Invesco Next Gen Media and Gaming ETF	0.12%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both GGME and XT in my portfolio?

GGME and XT have a correlation of 0.76, 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 XT?

GGME has higher volatility (5.12%) compared to XT (4.85%). In terms of maximum drawdown, GGME dropped -69.13% vs XT's -34.41%.

Which ETF is better, GGME or XT?

On 10-year performance, XT leads with 14.70% vs 10.45% for GGME. On fees, XT is cheaper at 0.46% per year. On volatility, XT has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGME or XT?

Over the 10-year period, XT has performed better with a 14.70% return vs 10.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGME or XT?

XT is cheaper with a 0.46% expense ratio, compared with 0.60% for GGME.

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

XT has the higher dividend yield at 6.61%, compared with 0.12% for GGME.

What is the main difference between GGME and XT?

GGME tracks STOXX World AC NexGen Media Index - Benchmark TR Gross, while XT tracks Morningstar Exponential Technologies Index (Net). They also come from different issuers: Invesco and iShares. Their fees differ too: 0.60% for GGME and 0.46% for XT.

Which has better risk-adjusted returns?

XT currently has the higher Sharpe Ratio (2.89 vs 0.73), 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.