Looking At Esport Stocks? Why You Should Consider The NERD ETF

Why You Should Consider Buying $NERD -

Esports is a huge industry and is only forecasted to continue rapidly growing in the coming years both in terms of viewership and revenue. While there is not a whole lot of esports ETF’s out there, what makes NERD (Roundhill BITKRAFT Esports & Digital Entertainment ETF) stand out is its low expense ratio, and its higher stake in growth stocks.

What is Esports?

Electronic sports (esports) is an industry where skilled video gamers play competitively. Esports encompasses competitions across a variety of video games such as Fortnite, League of Legends, Call of Duty, Overwatch and many more. These gamers are watched and followed by millions of fans across the world who either watch live online or on TV. An interesting fact is that more people actually watched the 2016 world finals of League of Legends (43M viewers) than the NBA Finals Game 7 that year (31M viewers).

An Overview of NERD, The Esports & Digital Entertainment ETF

NERD “tracks a tier-weighted index of global companies that are actively involved in the esports and other digital entertainment industries” involving video game publishing, development, streaming, leagues and tournaments and gaming hardware and technology. The total value of assets under management for NERD is $93.2M.

Final Thoughts on Why NERD is a Solid Gaming ETF Investment

The statistics above really showcase the rapid growth of esports to come which I think has been amplified due to the COVID-19 pandemic that has seen viewers and new audiences spend more time than ever at home. The pop-culturalization and growing awareness of esports will only drive viewership growth and contribute to revenue growth in the industry. From an investment perspective, while esports is competitive gaming, it is ultimately a digital media and investment opportunity which is what the NERD ETF encompasses.

 

 Any opinions, chats, messages, news, research, analyses, prices, or other information contained in the author's articles are provided as general market information for educational and ...

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