Invesco Next Gen Media and Gaming ETF

Invesco Next Gen Media and Gaming ETF (GGME) is an index fund that tracks the STOXX World AC NexGen Media Index, a basket of 98 companies tied to streaming, gaming, devices and immersive-reality technology. Apple, NVIDIA and Meta lead its holdings. It is small, with about $44 million in assets as of July 31, 2026. Its 0.63% expense ratio is above the 0.53% average of similar funds.

• Over the year to Oct 27, 2026, GGME returned -2.7%, 7th of 8 among similar funds.
• Its worst full calendar year was 2025 (+16.4%); its best was 2024 (+32.7%).
• The deepest fall in its price history was 25.2% (Oct 27, 2025 to Mar 30, 2026), recovered by Sep 21, 2026.

As of Jul 31, 2026, the fund held 98 securities; the ten largest made up 60.27% of assets. It also reported 7.98% in a money-market fund, most likely cash collateral from lending out shares rather than uninvested money.

By sector

• Over the three months to Jul 31, 2026, investors withdrew a net $1.8M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +11.82%, -5.15%, +0.07%.

Index provider STOXX builds the index from the STOXX World AC Universal All Cap Index, which holds large, mid-sized and small companies in developed and emerging markets. To qualify, a stock needs a free-float market value of at least €500 million. Free float counts only the shares available for public trading. It also needs median daily trading of at least €1 million over three months. The company must earn at least 50% of its revenue from "future media" business lines, as defined by FactSet's RBICS industry classification. These include content delivery, content platforms, electronic devices, gaming and immersive reality. If more than 100 stocks qualify, the 100 largest by free-float value make the cut.

Each stock's weight is its free-float value multiplied by the share of its revenue that comes from those media business lines. So a company that earns all its revenue from media counts for more than a company of the same size that earns 60% there. No stock may exceed 8%. Stocks weighing more than 4.5% may not add up to more than 45% together. As of July 31, 2026, Apple was the largest holding at 8.3%, close to that cap.

Invesco uses full replication, meaning the fund buys every stock in the index at its index weight. The fund is non-diversified, so it can put more money into a few companies than a diversified fund can. As an index fund, it won't sell a lagging stock unless the index drops it. Portfolio turnover was 27%.

• GGME charges 0.63% a year, versus an average of 0.53% for the similar funds below (7th of 8, cheapest first).
• Of that, 0.5% is the management fee; the rest covers other fund expenses.
• The fee includes a 0.03% waiver from the adviser, which may end.
• Using the prospectus's standard example, $10,000 invested would cost about $64 in the first year and $817 over 10 years (assuming a 5% annual return).

GGME is a concentrated, volatile bet on media, gaming and chip stocks that pays almost no income, so it fits as a small add-on rather than a foundation.

GGME adds a concentrated stake in media, gaming and chip companies, not income. Its yield was 0.08% as of October 27, 2026, paid twice a year, so it offers almost nothing to live on. Its swings are large. In the first quarter of 2020 it fell 29.44%, then gained 35.26% the next quarter. In 2022 it lost 36.42%, its worst calendar year from 2016 through 2025. Its published record does not go back to 2008. From October 27, 2025 to March 30, 2026 it dropped 25.2%, and it took about six months to recover, on September 21, 2026. A retiree who had to sell during a drop like that would lock in the loss.

It costs 0.63% a year, or $64 on $10,000 in the first year under the SEC's standard example. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.