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HERO vs. GAMR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HERO and GAMR is 0.85, 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.


-0.50.00.51.00.8

Performance

HERO vs. GAMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Video Games & Esports ETF (HERO) and Wedbush ETFMG Video Game Tech ETF (GAMR). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
65.79%
67.78%
HERO
GAMR

Key characteristics

Sharpe Ratio

HERO:

0.94

GAMR:

0.70

Sortino Ratio

HERO:

1.37

GAMR:

1.09

Omega Ratio

HERO:

1.17

GAMR:

1.14

Calmar Ratio

HERO:

0.43

GAMR:

0.30

Martin Ratio

HERO:

5.63

GAMR:

3.57

Ulcer Index

HERO:

3.67%

GAMR:

4.23%

Daily Std Dev

HERO:

21.90%

GAMR:

21.63%

Max Drawdown

HERO:

-54.02%

GAMR:

-54.16%

Current Drawdown

HERO:

-33.16%

GAMR:

-37.58%

Returns By Period

In the year-to-date period, HERO achieves a 20.31% return, which is significantly higher than GAMR's 12.91% return.


HERO

YTD

20.31%

1M

3.15%

6M

14.46%

1Y

18.56%

5Y*

8.73%

10Y*

N/A

GAMR

YTD

12.91%

1M

2.84%

6M

9.70%

1Y

12.77%

5Y*

9.39%

10Y*

N/A

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HERO vs. GAMR - Expense Ratio Comparison

HERO has a 0.50% expense ratio, which is lower than GAMR's 0.75% expense ratio.


GAMR
Wedbush ETFMG Video Game Tech ETF
Expense ratio chart for GAMR: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for HERO: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

HERO vs. GAMR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports ETF (HERO) and Wedbush ETFMG Video Game Tech 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.


Sharpe ratio
The chart of Sharpe ratio for HERO, currently valued at 0.94, compared to the broader market0.002.004.000.940.70
The chart of Sortino ratio for HERO, currently valued at 1.37, compared to the broader market-2.000.002.004.006.008.0010.001.371.09
The chart of Omega ratio for HERO, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.14
The chart of Calmar ratio for HERO, currently valued at 0.43, compared to the broader market0.005.0010.0015.000.430.30
The chart of Martin ratio for HERO, currently valued at 5.63, compared to the broader market0.0020.0040.0060.0080.00100.005.633.57
HERO
GAMR

The current HERO Sharpe Ratio is 0.94, which is higher than the GAMR Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of HERO 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.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.94
0.70
HERO
GAMR

Dividends

HERO vs. GAMR - Dividend Comparison

HERO's dividend yield for the trailing twelve months is around 0.67%, more than GAMR's 0.07% yield.


TTM20232022202120202019201820172016
HERO
Global X Video Games & Esports ETF
0.67%0.73%0.28%0.79%0.71%0.17%0.00%0.00%0.00%
GAMR
Wedbush ETFMG Video Game Tech ETF
0.07%0.03%0.00%2.69%0.92%1.56%1.56%0.46%1.89%

Drawdowns

HERO vs. GAMR - Drawdown Comparison

The maximum HERO drawdown since its inception was -54.02%, roughly equal to the maximum GAMR drawdown of -54.16%. Use the drawdown chart below to compare losses from any high point for HERO and GAMR. For additional features, visit the drawdowns tool.


-45.00%-40.00%-35.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-33.16%
-37.58%
HERO
GAMR

Volatility

HERO vs. GAMR - Volatility Comparison

Global X Video Games & Esports ETF (HERO) has a higher volatility of 6.72% compared to Wedbush ETFMG Video Game Tech ETF (GAMR) at 6.28%. This indicates that HERO's price experiences larger fluctuations and is considered to be riskier than GAMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
6.72%
6.28%
HERO
GAMR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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