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Upturn AI SWOT - About
First Trust S-Network Streaming & Gaming ETF (BNGE)
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Upturn Advisory Summary
08/14/2025: BNGE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 35.33% | Avg. Invested days 61 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.3 | 52 Weeks Range 22.39 - 36.61 | Updated Date 06/29/2025 |
52 Weeks Range 22.39 - 36.61 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust S-Network Streaming & Gaming ETF
ETF Overview
Overview
The First Trust S-Network Streaming & Gaming ETF (BNGE) seeks investment results that correspond generally to the price and yield of the S-Network Streaming & Gaming Index, which tracks companies involved in streaming and gaming industries. It focuses on providing exposure to companies benefiting from the growth of these sectors.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid reputation. They are known for offering a variety of thematic and innovative ETFs.
Management Expertise
First Trust has a team of experienced professionals managing its ETFs, with expertise in portfolio management and sector analysis.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield of the S-Network Streaming & Gaming Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the performance of the S-Network Streaming & Gaming Index, a rules-based index that includes companies active in streaming and gaming.
Composition The ETF holds stocks of companies primarily involved in streaming entertainment, online gaming, and related technologies.
Market Position
Market Share: BNGE has a niche market share within the broader technology ETF landscape, specifically targeting streaming and gaming.
Total Net Assets (AUM): 12240000
Competitors
Key Competitors
- Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD)
- VanEck Video Gaming and eSports ETF (ESPO)
- Global X Video Games & Esports ETF (HERO)
Competitive Landscape
The competitive landscape is defined by thematic ETFs focusing on video games, streaming, and esports. BNGE's advantage lies in its distinct index methodology that emphasizes streaming as well as gaming. A potential disadvantage is that its AUM is lower than some of its competitors, which may affect liquidity.
Financial Performance
Historical Performance: Historical performance data is needed to assess track record.
Benchmark Comparison: Benchmark comparison requires historical data relative to the index.
Expense Ratio: 0.7
Liquidity
Average Trading Volume
BNGE's average trading volume is moderate, meaning there is sufficient liquidity.
Bid-Ask Spread
The bid-ask spread is moderate, reflecting the ETF's trading volume and liquidity.
Market Dynamics
Market Environment Factors
The ETF is affected by trends in streaming media consumption, the growth of esports, advancements in gaming technology, and broader economic conditions influencing consumer spending.
Growth Trajectory
The ETF's growth trajectory depends on the continued expansion of the streaming and gaming industries, technological innovation, and consumer adoption rates.
Moat and Competitive Advantages
Competitive Edge
BNGE's competitive edge lies in its focused index that targets both streaming and gaming, providing exposure to key growth areas in digital entertainment. This distinguishes it from more narrowly focused ETFs. The emphasis on streaming services gives it exposure beyond just game development and esports. First Trust's reputation as a solid issuer enhances investor confidence. The ETF also benefits from the growing market for digital entertainment.
Risk Analysis
Volatility
The ETF's volatility is likely to be moderate to high, reflecting the growth-oriented nature of the streaming and gaming sectors.
Market Risk
Specific risks include technological obsolescence, changing consumer preferences, intense competition, and regulatory challenges in the gaming and streaming industries.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking exposure to the high-growth potential of the streaming and gaming sectors and willing to accept moderate to high volatility. They have a positive outlook on the future of digital entertainment.
Market Risk
This ETF is best suited for long-term investors or those with a higher risk tolerance, rather than passive index followers.
Summary
The First Trust S-Network Streaming & Gaming ETF (BNGE) offers targeted exposure to the rapidly expanding streaming and gaming sectors through a rules-based index. It provides investors a way to capitalize on the growth trends in digital entertainment. While the ETF offers potential for high returns, it's important to acknowledge its risk factors. BNGE's holdings are focused on companies involved in streaming entertainment, online gaming, and related technologies. Investors should consider their risk tolerance and investment goals before investing in BNGE.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust S-Network Streaming & Gaming ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 80% of its net assets in the securities that comprise the index. The index is composed of common stock and depositary receipts issued by U.S. and non-U.S. companies that enable remote users to access online content; publish online content; participate in prospective wagering; spectate or participate in competitive video gaming; and that provide the products, services and technology that are necessary for the streaming and gaming industries. The fund is non-diversified.
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