Correlation
The correlation between HERO and NERD is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
HERO vs. NERD
Compare and contrast key facts about Global X Video Games & Esports ETF (HERO) and Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD).
HERO and NERD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HERO is a passively managed fund by Global X that tracks the performance of the Solactive Video Games & Esports Index. It was launched on Oct 25, 2019. NERD is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill BITKRAFT Esports Index. It was launched on Jun 4, 2019. Both HERO and NERD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HERO or NERD.
Performance
HERO vs. NERD - Performance Comparison
Loading data...
Key characteristics
HERO:
2.00
NERD:
2.67
HERO:
2.58
NERD:
3.27
HERO:
1.32
NERD:
1.45
HERO:
0.99
NERD:
0.99
HERO:
10.36
NERD:
11.41
HERO:
4.18%
NERD:
5.25%
HERO:
22.95%
NERD:
23.73%
HERO:
-54.02%
NERD:
-65.58%
HERO:
-18.13%
NERD:
-34.65%
Returns By Period
The year-to-date returns for both stocks are quite close, with HERO having a 25.26% return and NERD slightly lower at 24.05%.
HERO
25.26%
6.10%
24.44%
45.49%
9.12%
8.36%
N/A
NERD
24.05%
8.94%
23.36%
62.87%
10.68%
7.28%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HERO vs. NERD - Expense Ratio Comparison
HERO has a 0.50% expense ratio, which is higher than NERD's 0.25% expense ratio.
Risk-Adjusted Performance
HERO vs. NERD — Risk-Adjusted Performance Rank
HERO
NERD
HERO vs. NERD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports ETF (HERO) and Roundhill BITKRAFT Esports & Digital Entertainment 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.
Loading data...
Dividends
HERO vs. NERD - Dividend Comparison
HERO's dividend yield for the trailing twelve months is around 0.85%, less than NERD's 1.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
HERO Global X Video Games & Esports ETF | 0.85% | 1.06% | 0.73% | 0.28% | 0.79% | 0.71% | 0.17% |
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF | 1.40% | 1.74% | 1.07% | 0.69% | 0.02% | 1.05% | 0.31% |
Drawdowns
HERO vs. NERD - Drawdown Comparison
The maximum HERO drawdown since its inception was -54.02%, smaller than the maximum NERD drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for HERO and NERD.
Loading data...
Volatility
HERO vs. NERD - Volatility Comparison
Global X Video Games & Esports ETF (HERO) and Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) have volatilities of 5.83% and 5.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...