ETF Evaluator: Global X Video Games & Esports ETF (HERO) Follow This ETF

Global X Video Games & Esports ETF Overview

Global X Video Games & Esports ETF (HERO) is a passively managed Sector Equity Communications exchange-traded fund (ETF). Global X Funds launched the ETF in 2019.

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Video Games & Esports Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from increased consumption related to video games and esports. It is non-diversified.

About Global X Video Games & Esports ETF (HERO)

There are 2 members of the management team with an average tenure of 6.68 years: Nam To (2019) and Wayne Xie (2019). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Solactive Video Games & Esports NR USD index with a weighting of 100%. Global X Video Games & Esports ETF has 44 securities in its portfolio. The top 10 holdings constitute 57.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X Video Games & Esports ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Global X Video Games & Esports ETF has 72.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 27.1% There is 72.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Video Games & Esports ETF has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $62 million in total assets, which is below the $1 billion average for the Communications category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HERO Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Video Games & Esports ETF expense ratio is average compared to funds in the Communications category. Global X Video Games & Esports ETF has an expense ratio of 0.50%, which is 19% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Video Games & Esports ETF has a portfolio turnover rate of 30%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 36% for the Communications category.

Recently, in the month of June 2026, Global X Video Games & Esports ETF returned -3.0%, which earned it a grade of B, as the Communications category had an average return of -5.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Video Games & Esports ETF has a trailing yield of 1.87%, which is above the 1.05% category average. The fund normally distributes its income semi-annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Global X Video Games & Esports ETF Grades

Year to date, the ETF has returned -16.5%, 12.2 percentage points worse than the category, which translates into a grade of D. The fund has returned -23.3% over the past year (grade of F), 8.0% over the past three years (grade of F) and -4.3% per year over the past five years (grade of F).

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