First Trust S-Network Strmng & Gmng ETF holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
First Trust S-Network Streaming & Gaming ETF BNGE
Morningstar’s Analysis BNGE
Will BNGE outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the BNGE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of BNGE’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 45.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Aristocrat Leisure Ltd | 5.00 | 234,137 | Consumer Cyclical |
NetEase Inc Ordinary Shares | 4.97 | 232,790 | Communication Services |
Roku Inc Class A | 4.91 | 229,712 | Communication Services |
Take-Two Interactive Software Inc | 4.71 | 220,432 | Communication Services |
Electronic Arts Inc | 4.43 | 207,335 | Communication Services |
The Walt Disney Co | 4.41 | 206,683 | Communication Services |
Kuaishou Technology Ordinary Shares - Class B | 4.37 | 204,639 | Communication Services |
Spotify Technology SA | 4.37 | 204,368 | Communication Services |
Warner Bros. Discovery Inc Ordinary Shares - Class A | 4.32 | 202,053 | Communication Services |
Sony Group Corp | 4.26 | 199,618 | Technology |