Roundhill Video Games Etf Profile
| NERD Etf | USD 20.61 0.41 2.03% |
Performance22 of 100
| Odds Of DistressLess than 9
|
Roundhill Video is trading at 20.61 as of the 30th of November 2024, a 2.03 percent increase since the beginning of the trading day. The etf's lowest day price was 20.61. Roundhill Video has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Roundhill Video Games are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund uses a passive management approach to seek to track the total return performance, before fees and expenses, of the index. Roundhill Esports is traded on NYSEARCA Exchange in the United States. More on Roundhill Video Games
Moving together with Roundhill Etf
| 0.94 | XLC | Communication Services | PairCorr |
| 0.9 | VOX | Vanguard Communication | PairCorr |
| 0.88 | FCOM | Fidelity MSCI Commun | PairCorr |
| 0.88 | IYZ | IShares Telecommunicatio | PairCorr |
| 0.97 | ESPO | VanEck Video Gaming | PairCorr |
| 0.82 | IXP | iShares Global Comm | PairCorr |
Moving against Roundhill Etf
Roundhill Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Online Gaming, Strategy ETFs, Theme ETFs, Communications, Roundhill Investments (View all Sectors) |
| Issuer | Roundhill Investments |
| Inception Date | 2019-06-04 |
| Benchmark | Nasdaq CTA Global Video Games Software Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Roundhill Financial Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NASDAQ |
| Number of Constituents | 34.0 |
| Market Maker | Jane Street |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 29.24 |
| Name | Roundhill Video Games ETF |
| Currency Code | USD |
| Open Figi | BBG00PBD0TC6 |
| In Threey Volatility | 21.27 |
| 1y Volatility | 15.52 |
| 200 Day M A | 16.4078 |
| 50 Day M A | 18.2987 |
| Code | NERD |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.65) |
| Type | ETF |
Roundhill Video Games [NERD] is traded in USA and was established 2019-06-03. The fund is listed under Communications category and is part of Roundhill Investments family. The entity is thematically classified as Online Gaming. Roundhill Video Games now have 25.96 M in assets. , while the total return for the last 3 years was -8.1%.
Check Roundhill Video Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Roundhill Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Roundhill Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Roundhill Video Games Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Roundhill Video Games Currency Exposure
Roundhill Video Games holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Roundhill Video will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Roundhill Video Games.
Top Roundhill Video Games Etf Constituents
| ATVI | Activision Blizzard | Stock | Communication Services | |
| BILI | Bilibili | Stock | Communication Services | |
| CRSR | Corsair Gaming | Stock | Information Technology | |
| DOYU | DouYu International Holdings | Stock | Communication Services | |
| EA | Electronic Arts | Stock | Communication Services | |
| HEAR | Turtle Beach Corp | Stock | Consumer Discretionary | |
| HUYA | HUYA Inc | Stock | Communication Services | |
| NTES | NetEase | Stock | Communication Services |
Roundhill Video Games Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Roundhill Video. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1974 | |||
| Jensen Alpha | 0.2481 | |||
| Total Risk Alpha | 0.0943 | |||
| Sortino Ratio | 0.1955 |
Roundhill Video Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill Video Games. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Roundhill Video Games is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill Video's value that differs from its market value or its book value, called intrinsic value, which is Roundhill Video's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Roundhill Video's market value can be influenced by many factors that don't directly affect Roundhill Video's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Roundhill Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Video's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.