BNGE
BNGE 1-star rating from Upturn Advisory

First Trust S-Network Streaming & Gaming ETF (BNGE)

First Trust S-Network Streaming & Gaming ETF (BNGE) 1-star rating from Upturn Advisory
$37.77
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/14/2025: BNGE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

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 37.67%
Avg. Invested days 69
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/14/2025

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

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

First Trust S-Network Streaming & Gaming ETF

First Trust S-Network Streaming & Gaming ETF(BNGE) company logo displayed in Upturn AI summary

ETF Overview

overview logo Overview

The First Trust S-Network Streaming & Gaming ETF (BNGE) seeks to track the performance of companies involved in the streaming and gaming industries, providing exposure to a rapidly growing sector.

Reputation and Reliability logo Reputation and Reliability

First Trust is a well-established ETF provider with a solid reputation for creating and managing innovative investment products.

Leadership icon representing strong management expertise and executive team Management Expertise

First Trust has a team of experienced investment professionals dedicated to managing and monitoring the fund's performance.

Investment Objective

Icon representing investment goals and financial objectives Goal

The ETF aims to provide investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the S-Network Streaming & Gaming Index.

Investment Approach and Strategy

Strategy: The ETF seeks to replicate the performance of the S-Network Streaming & Gaming Index, which focuses on companies deriving significant revenue from streaming and gaming activities.

Composition The ETF primarily holds stocks of companies involved in streaming content, gaming development, esports, and related technologies.

Market Position

Market Share: BNGE's market share in the niche streaming and gaming ETF sector is moderate compared to broader tech ETFs.

Total Net Assets (AUM): 35130000

Competitors

Key Competitors logo Key Competitors

  • Roundhill BITKRAFT Esports & Digital Entertainment ETF (HERO)
  • Global X Video Games & Esports ETF (HERO)

Competitive Landscape

The competitive landscape involves ETFs targeting the gaming and streaming sector. BNGE focuses on the Streaming and Gaming aspect giving it slightly different holdings compared to HERO and ESPO. BNGE could be viewed as having more diversification outside the Gaming sector.

Financial Performance

Historical Performance: Historical performance data needs to be retrieved from financial data providers for accurate representation.

Benchmark Comparison: A benchmark comparison would involve comparing BNGE's performance against the S-Network Streaming & Gaming Index.

Expense Ratio: 0.7

Liquidity

Average Trading Volume

The average trading volume for BNGE indicates reasonable liquidity, facilitating relatively easy buying and selling of shares.

Bid-Ask Spread

The bid-ask spread for BNGE reflects the cost of trading, which may fluctuate based on market conditions and trading activity.

Market Dynamics

Market Environment Factors

The ETF is influenced by factors such as technological advancements, consumer spending habits, growth in esports, and broadband infrastructure.

Growth Trajectory

The ETF's growth depends on the continued expansion of the streaming and gaming markets, adoption of new technologies, and the success of its underlying holdings.

Moat and Competitive Advantages

Competitive Edge

BNGE offers focused exposure to the intersection of streaming and gaming industries, distinguishing it from broader technology ETFs. The fund targets companies directly involved in content streaming, game development, and esports, providing a specialized investment opportunity. Its index-tracking strategy ensures diversification within the targeted sectors, reducing idiosyncratic risk. The fund's experienced management team and reasonable expense ratio contribute to its appeal to investors seeking targeted exposure to these growing sectors.

Risk Analysis

Volatility

Volatility of BNGE is tied to the fluctuations of tech stocks.

Market Risk

Market risks include the cyclical nature of the gaming industry, evolving consumer preferences, and potential regulatory changes affecting the streaming sector.

Investor Profile

Ideal Investor Profile

The ETF is suited for investors seeking targeted exposure to the streaming and gaming industries and willing to accept moderate risk.

Market Risk

BNGE may be more suitable for long-term investors who believe in the growth potential of the streaming and gaming sectors.

Summary

The First Trust S-Network Streaming & Gaming ETF (BNGE) provides focused exposure to companies involved in the streaming and gaming industries. It tracks the S-Network Streaming & Gaming Index, offering a diversified portfolio within these sectors. The ETF is suitable for investors seeking targeted exposure to these high-growth areas but requires an understanding of the associated risks. Its performance is influenced by technological advancements, consumer spending, and the overall health of the technology sector.

Similar ETFs

Sources and Disclaimers

Data Sources:

  • First Trust website
  • ETF.com
  • Yahoo Finance
  • Bloomberg

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries 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.