Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Mirae Asset Global Video Games & Esports Index. The fund invests at least 80% of its total assets in securities that comprise the index, which tracks companies involved in video game development, hardware, esports, and related technologies; this includes game publishers and developers such as Electronic Arts and Activision Blizzard, hardware providers like NVIDIA and Sony, esports organizations, streaming platforms, and content creators. It offers investors targeted exposure to the fast-growing video games and esports industry segments, including software publishing, interactive entertainment, semiconductors for gaming, and digital content distribution.
The ETF was launched in 2018 and is managed by Global X Management Company LLC, a New York-based provider of exchange-traded products with operations primarily in the United States and Asia-Pacific regions. Geographic exposure spans global markets, with significant allocations to companies in North America, Japan, South Korea, and Europe, targeting institutional and retail investors seeking thematic growth in digital entertainment and competitive gaming.
In recent developments, the fund underwent an index reconstitution in 2024 to enhance diversification and incorporate emerging esports leaders amid industry consolidation; it also benefited from increased inflows following major partnerships in the sector, such as Microsoft's Activision Blizzard acquisition and expansions by Tencent into global esports tournaments. No significant funding rounds or name changes have occurred, as it operates under the stable Global X brand owned by Mirae Asset Global Investments.