ETF Evaluator:
Roundhill Video Games ETF (NERD)
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(as of Jul 31)
Best Performing in Communications Over the Last Year
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ETF Details
Roundhill Video Games ETF Overview
Roundhill Video Games ETF (NERD) is an actively managed Sector Equity Communications exchange-traded fund (ETF). Roundhill Investments launched the ETF in 2019.
The investment seeks to provide exposure to equity securities of Video Game Companies.
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in the equity securities of Video Game Companies. It invests, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in Video Games Companies. The fund may invest in shares of companies through initial public offerings (“IPOs”) or in shares of companies that have recently gone through an IPO and are now publicly traded on a stock exchange. The fund is non-diversified.
About Roundhill Video Games ETF (NERD)
There are 7 members of the management team with an average tenure of 3.63 years: William Hershey (2025), Andrew Serowik (2019), Timothy Maloney (2025), Gabriel Tan (2021), Todd Alberico (2021), Brian Cooper (2021) and David Mazza (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Solactive GBS Glb Mar All Cap USD TR index with a weighting of 100%. Roundhill Video Games ETF has 45 securities in its portfolio. The top 10 holdings constitute 64.7% 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.
Roundhill Video Games ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Roundhill Video Games ETF has 70.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 29.8% There is 70.0% 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). Roundhill Video Games ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $14 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.
NERD 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 Roundhill Video Games ETF expense ratio is average compared to funds in the Communications category. Roundhill Video Games 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. Roundhill Video Games ETF has a portfolio turnover rate of 64%, 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, Roundhill Video Games ETF returned -2.0%, 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.
Roundhill Video Games ETF has a trailing yield of 0.76%, which is below the 1.05% category average.
The fund normally distributes its income 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.
Roundhill Video Games ETF Grades
Year to date, the ETF has returned -17.1%, 12.7 percentage points worse than the category, which translates into a grade of F. The fund has returned -23.8% over the past year (grade of F), 10.0% over the past three years (grade of D) and -7.9% per year over the past five years (grade of F).
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NERD Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NERD Return (NAV) | -2.0% | -2.4% | -23.8% | 10.0% | -7.9% | na |
| NERD Return (Price) | -1.8% | -4.2% | -24.4% | 9.9% | -7.9% | na |
| NAV +/- Price Return | -0.148% | 1.806% | 0.609% | 0.175% | 0.006% | na |
| Communications Avg | -5.0% | 4.8% | 3.6% | 17.2% | 3.3% | 9.9% |
| NERD Grade (NAV) | B | D | F | D | F | na |
| +/- Category (NAV) | 3.1% | -7.2% | -27.4% | -7.2% | -11.3% | na |
| NERD Tax-Cost Ratio | na | na | 0.3% | 0.5% | 0.3% | na |
NERD Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NERD Return (NAV) | -17.1% | 22.5% | 28.9% | 13.3% | -43.5% | -16.9% | 89.9% | na | na | na | na |
| NERD Return (Price) | -17.1% | 23.1% | 28.5% | 12.9% | -43.3% | -17.6% | 89.6% | na | na | na | na |
| NAV +/- Price Ret | 0.003% | 0.030% | -0.011% | -0.032% | -0.004% | 0.038% | -0.003% | na | na | na | na |
| Communications Avg | -4.3% | 27.4% | 24.2% | 28.0% | -35.6% | 6.9% | 48.0% | 24.4% | -11.9% | 15.4% | 17.9% |
| NERD Grade (NAV) | F | F | C | D | F | F | A | na | na | na | na |
| +/- Category | -12.7% | -4.9% | 4.7% | -14.7% | -7.9% | -23.9% | 41.8% | na | na | na | na |
| Risk Measures | |
| Beta: | 0.95 |
| R-Squared: | 38% |
| Standard Deviation: | 19.7% |
| Category Risk Index: | 1.07 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.62 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 0.8% |
| Total Assets: | $ 14 Mil |
| Share Class Assets: | $ 14 Mil |
| Turnover: | 64.0% |
| Expense Ratio: | 0.50% |
| Index Fund: | No |
| Index Tracked: | Solactive GBS Glb Mar All Cap USD TR |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 7.1 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Serowik Andrew (2019), Tan Gabriel (2021), Alberico Todd (2021), Cooper Brian (2021), Mazza David (2025), Maloney Timothy (2025), Hershey William (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 45 |
| % in Top 10 Holdings: | 64.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 70.0% |
Portfolio Allocation |
|
| Domestic Stock: | 29.8% |
| Foreign Stock: | 70.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Roundhill Investments |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | June 3, 2019 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.42% |
