HERO vs. IPO ETF Comparison

Comparison of Global X Video Games & Esports ETF (HERO) to Renaissance IPO ETF (IPO)

HERO

Global X Video Games & Esports ETF

HERO Description

The Global X Video Games & Esports ETF (HERO) seeks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues, or produce hardware used in video games and esports, including augmented and virtual reality.

Grade (RS Rating)

Last Trade

$21.27

Average Daily Volume

18,911

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPO

Renaissance IPO ETF

IPO Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.18

Average Daily Volume

46,864

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HERO	IPO
30 Days	12.84%	10.35%
60 Days	2.98%	-4.18%
90 Days	4.59%	6.00%
12 Months	6.08%	35.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in HERO	Weight in IPO	Overlap
	APP	B	7.61%	6.38%	6.38%

HERO Overweight 9 Positions Relative to IPO

Symbol	Grade	Weight
NTES	D	6.17%
RBLX	F	5.69%
EA	F	5.17%
TTWO	D	5.13%
BILI	C	4.79%
U	F	4.12%
PLTK	C	0.73%
CRSR	F	0.66%
HUYA	B	0.57%

HERO Underweight 44 Positions Relative to IPO

Symbol	Grade	Weight
KVUE	C	-10.59%
NU	B	-9.79%
COIN	D	-8.1%
ARM	F	-4.43%
HOOD	D	-3.93%
CNM	A	-3.78%
PATH	F	-2.77%
RIVN	F	-2.71%
BZ	B	-2.51%
CRBG	B	-2.42%
ONON	D	-2.38%
YMM	C	-2.17%
CFLT	D	-2.11%
PCOR	D	-1.99%
DUOL	D	-1.95%
S	D	-1.9%
RYAN	C	-1.88%
GTLB	F	-1.78%
MNDY	F	-1.65%
EDR	A	-1.54%
GFS	D	-1.52%
HCP	B	-1.18%
TPG	D	-1.12%
GLBE	F	-1.01%
DV	F	-1.0%
MQ	F	-0.97%
DOCS	F	-0.95%
SQSP	A	-0.9%
DOCN	D	-0.84%
FRSH	F	-0.81%
BRZE	F	-0.81%
NUVL	D	-0.64%
BROS	B	-0.61%
AGL	F	-0.56%
YOU	F	-0.54%
INFA	D	-0.47%
DLO	F	-0.45%
BIRK	C	-0.44%
PWSC	D	-0.37%
FLNC	D	-0.37%
PYCR	F	-0.34%
ACT	A	-0.34%
BLCO	D	-0.19%
INST	F	-0.14%