BNGE vs. IXP ETF Comparison

Comparison of First Trust S-Network Streaming and Gaming ETF (BNGE) to iShares Global Telecom ETF (IXP)

BNGE

First Trust S-Network Streaming and Gaming ETF

BNGE Description

First Trust S-Network Streaming & Gaming ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across consumer discretionary, consumer services, hotels, restaurants and leisure, casinos and gaming, gaming operations, online gaming operations, leisure facilities, amusement and recreation services, amusement operations, parks and services, video game arcades, content streaming sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S-Network Streaming & Gaming Index, by using full replication technique. First Trust S-Network Streaming & Gaming ETF was formed on January 25, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.04

Average Daily Volume

2,146

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.40

Average Daily Volume

13,302

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BNGE	IXP
30 Days	9.28%	1.71%
60 Days	10.10%	3.72%
90 Days	10.73%	6.07%
12 Months	23.45%	30.85%

5 Overlapping Holdings

Symbol	Grade	Weight in BNGE	Weight in IXP	Overlap
DIS	B	5.01%	4.88%	4.88%
EA	A	4.94%	0.91%	0.91%
NFLX	A	4.9%	5.0%	4.9%
TTWO	A	5.05%	0.68%	0.68%
WBD	B	3.95%	0.48%	0.48%

BNGE Overweight 21 Positions Relative to IXP

Symbol	Grade	Weight
SPOT	B	5.4%
RBLX	C	4.84%
FLUT	A	4.8%
YY	B	4.44%
SONY	B	4.14%
NTES	D	4.08%
AMD	F	3.61%
DKNG	B	3.47%
GME	C	2.01%
ROKU	D	1.7%
TME	D	1.7%
MGM	D	1.6%
LNW	F	1.57%
U	C	0.96%
SRAD	A	0.68%
PENN	C	0.54%
RSI	A	0.5%
FUBO	D	0.49%
BALY	B	0.48%
MOMO	D	0.44%
IQ	F	0.41%

BNGE Underweight 19 Positions Relative to IXP

Symbol	Grade	Weight
META	D	-22.4%
GOOGL	C	-12.94%
GOOG	C	-10.69%
VZ	C	-3.94%
CMCSA	B	-3.88%
T	A	-3.8%
TMUS	B	-2.7%
CHTR	C	-0.88%
BIDU	F	-0.56%
LYV	A	-0.47%
OMC	C	-0.44%
CHT	C	-0.34%
NWSA	A	-0.25%
IPG	D	-0.24%
FOXA	A	-0.24%
MTCH	D	-0.19%
PARA	C	-0.15%
FOX	A	-0.13%
NWS	A	-0.08%