Equity | Sector Equity

Invesco Next Gen Media and Gaming ETF

Ticker: GGME

Product Details

The Invesco Next Gen Media and Gaming ETF (Fund) is based on the STOXX World AC
NexGen Media Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is of securities of companies with significant exposure to technologies or products that contribute to future media through direct revenue. The Fund and the Index are rebalanced after the close of trading on the second Friday of March, June, September and December.

Effective after the close of markets on Aug. 25, 2023,  the Fund's name, ticker, underlying index, index provider,  investment objective and investment strategy changed. The Fund's name and ticker changed from Invesco Dynamic Media ETF (ticker: PBS) to the Invesco Next Gen Media ETF (ticker: GGME). The Fund's Index Provider changed from ICE Data Indices, LLC to STOXX Ltd. and its Underlying Index changed from the Dynamic Media Intellidex Index to the STOXX World AC NexGen Media Index; and as a result, the Fund's objective and strategy changed to seek to track the investment results of the new Underlying index by investing at least 90% of its total assets in securities that comprise the new Underlying Index.  See the prospectus for more information. 

as of 03/31/2024 03/31/2024

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
STOXX World AC NexGen Media Net Return Index (USD) 13.14 N/A N/A N/A N/A N/A
S&P Composite 1500 Media Total Return Index (USD) -3.28 5.76 -8.80 1.51 4.72 7.38
Dynamic Media Intellidex Index 3.67 11.81 -7.65 4.54 5.66 6.41
Fund History (%)
Fund NAV 12.82 27.46 -3.49 7.09 6.60 6.62
After Tax Held 12.82 27.01 -3.84 6.80 6.38 6.46
After Tax Sold 7.59 16.28 -2.76 5.47 5.26 5.53
Fund Market Price 12.89 27.48 -3.57 7.07 6.59 6.62
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
STOXX World AC NexGen Media Net Return Index (USD) 13.14 N/A N/A N/A N/A N/A
S&P Composite 1500 Media Total Return Index (USD) -3.28 5.76 -8.80 1.51 4.72 7.38
Dynamic Media Intellidex Index 3.67 11.81 -7.65 4.54 5.66 6.41
Fund History (%)
Fund NAV 12.82 27.46 -3.49 7.09 6.60 6.62
After Tax Held 12.82 27.01 -3.84 6.80 6.38 6.46
After Tax Sold 7.59 16.28 -2.76 5.47 5.26 5.53
Fund Market Price 12.89 27.48 -3.57 7.07 6.59 6.62

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained.

as of 03/31/2024

Growth of $10,000

Data beginning 10 years prior to the ending date of 03/31/2024. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

STOXX World AC NexGen Media Index* performance prior to August 25, 2023 reflects that of the original Underlying Index, Dynamic Media Intellidex Index. From August 25, 2023, forward, the Index performance reflects that of the Underlying Index, STOXX World AC NexGen Media Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

as of 04/12/2024

Market Cap & Style Allocations

Large-Cap Value 0.46%
Large-Cap Blend 27.64%
Large-Cap Growth 47.93%
Mid-Cap Value 0.53%
Mid-Cap Blend 6.85%
Mid-Cap Growth 13.84%
Small-Cap Value 0.22%
Small-Cap Blend 0.63%
Small-Cap Growth 1.92%

as of 04/15/2024 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
AAPL Apple Inc 8.56
NFLX Netflix Inc 8.36
META Meta Platforms Inc 8.18
NVDA NVIDIA Corp 7.78
ADBE Adobe Inc 7.08
700 HK Tencent Holdings Ltd 5.29
005930 KS Samsung Electronics Co Ltd 5.16
QCOM QUALCOMM Inc 4.56
AMD Advanced Micro Devices Inc 3.58
7974 JP Nintendo Co Ltd 3.21
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | Hide View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
06/20/2023 06/21/2023 06/23/2023 0.36716 0.36716 - - - -
03/20/2023 03/21/2023 03/24/2023 0.52580 0.52580 - - - -
12/19/2022 12/20/2022 12/23/2022 0.04861 0.04861 - - - -
09/19/2022 09/20/2022 09/23/2022 0.07737 0.07737 - - - -
06/21/2022 06/22/2022 06/30/2022 0.04305 0.04305 - - - -
03/21/2022 03/22/2022 03/31/2022 0.07579 0.07579 - - - -
12/20/2021 12/21/2021 12/31/2021 0.00524 0.00524 - - - -
09/20/2021 09/21/2021 09/30/2021 0.00308 0.00308 - - - -
06/21/2021 06/22/2021 06/30/2021 0.09081 0.09081 - - - -
03/22/2021 03/23/2021 03/31/2021 0.09931 0.09931 - - - -
12/21/2020 12/22/2020 12/31/2020 0.09259 0.09259 - - - -
09/21/2020 09/22/2020 09/30/2020 0.00313 0.00313 - - - -
06/22/2020 06/23/2020 06/30/2020 0.04063 0.04063 - - - -
12/23/2019 12/24/2019 12/31/2019 0.08720 0.08720 - - - -
09/23/2019 09/24/2019 09/30/2019 0.02633 0.02633 - - - -
06/24/2019 06/25/2019 06/28/2019 0.02942 0.02942 - - - -
12/24/2018 12/26/2018 12/31/2018 0.07007 0.07007 - - - -
09/24/2018 09/25/2018 09/28/2018 0.12029 0.12029 - - - -
06/18/2018 06/19/2018 06/29/2018 0.04203 0.04203 - - - -
03/19/2018 03/20/2018 03/29/2018 0.03153 0.03153 - - - -
09/18/2017 09/19/2017 09/29/2017 0.03863 0.03863 - - - -
06/16/2017 06/20/2017 06/30/2017 0.05298 0.05298 - - - -
12/16/2016 12/20/2016 12/30/2016 - - - - - -
09/16/2016 09/20/2016 09/30/2016 0.04197 0.04197 - - - -
06/17/2016 06/21/2016 06/30/2016 - - - - - -
03/18/2016 03/22/2016 03/31/2016 - - - - - -
12/18/2015 12/22/2015 12/31/2015 0.12556 0.12556 - - - -
09/18/2015 09/22/2015 09/30/2015 0.01754 0.01754 - - - -
06/19/2015 06/23/2015 06/30/2015 0.07414 0.07414 - - - -
03/20/2015 03/24/2015 03/31/2015 0.06276 0.06276 - - - -
12/19/2014 12/23/2014 12/31/2014 0.05577 0.05577 - - - -
09/19/2014 09/23/2014 09/30/2014 0.01926 0.01926 - - - -
06/20/2014 06/24/2014 06/30/2014 0.04048 0.04048 - - - -
03/21/2014 03/25/2014 03/31/2014 0.01343 0.01343 - - - -
12/20/2013 12/24/2013 12/31/2013 0.02317 0.02317 - - - -
09/20/2013 09/24/2013 09/30/2013 0.01637 0.01637 - - - -
06/21/2013 06/25/2013 06/28/2013 0.03781 0.03781 - - - -
03/15/2013 03/19/2013 03/28/2013 0.00580 0.00580 - - - -
12/21/2012 12/26/2012 12/31/2012 0.06445 0.06445 - - - -
09/21/2012 09/25/2012 09/28/2012 0.02654 0.02654 - - - -
06/15/2012 06/19/2012 06/29/2012 0.03350 0.03350 - - - -
03/16/2012 03/20/2012 03/30/2012 0.01225 0.01225 - - - -
12/16/2011 12/20/2011 12/30/2011 0.02482 0.02482 - - - -
09/16/2011 09/20/2011 09/30/2011 0.01590 0.01590 - - - -
06/17/2011 06/21/2011 06/30/2011 0.03370 0.03370 - - - -
12/17/2010 12/21/2010 12/31/2010 0.04139 0.04139 - - - -
09/17/2010 09/21/2010 09/30/2010 0.02424 0.02424 - - - -
12/18/2009 12/22/2009 12/31/2009 0.05042 0.05042 - - - -
09/19/2008 09/23/2008 09/30/2008 0.01164 0.01164 - - - -
06/20/2008 06/24/2008 06/30/2008 0.05282 0.05282 - - - -
12/21/2007 12/26/2007 12/31/2007 0.24294 0.24294 - - - -
09/21/2007 09/25/2007 09/28/2007 0.02062 0.02062 - - - -
06/15/2007 06/19/2007 06/29/2007 0.01298 0.01298 - - - -
12/15/2006 12/19/2006 12/29/2006 0.03264 0.03264 - - - -
06/16/2006 06/20/2006 06/30/2006 0.00739 0.00739 - - - -
12/16/2005 12/20/2005 12/30/2005 0.00257 0.00257 - - - -
09/16/2005 09/20/2005 09/30/2005 0.01746 0.01746 - - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2024 61 8 0 0 0 1 0
12/31/2023 63 20 5 0 0 0 0
09/30/2023 63 19 0 0 0 0 0
06/30/2023 62 20 0 0 0 0 0
Year Ended 2023 250 71 5 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2024 61 40 10 1 1 0 0
12/31/2023 63 27 10 1 0 0 0
09/30/2023 63 36 8 0 0 0 0
06/30/2023 62 42 0 0 0 0 0
Year Ended 2023 250 155 18 1 0 0 0

Fund Inception : 06/23/2005

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

Premiums/Discounts

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular industry, such media, or sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments. 

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

Gaming companies face intense competition globally, and may have limited product lines, markets, financial resources, or personnel, products that face rapid obsolescence, and are heavily dependent on the protection of patent and intellectual property rights. These companies may also be subject to shifting consumer preferences, which may adversely affect such companies and increasing regulatory constraints, specifically related to cybersecurity and privacy, and sophisticated intellectual property infringement schemes and piracy efforts, particularly in foreign markets, which may limit the revenue potential.

The S&P Composite 1500® Media (S&P Media) Index consists of all media stocks included in the S&P Composite 1500® Index.

The Dynamic Media Intellidex Index is comprised of common stocks of 30 US media companies.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The STOXX World AC NexGen Media Index is the intellectual property (including registered trademarks) of STOXX Ltd., Zug, Switzerland (“STOXX”), Deutsche Börse Group or their licensors, which is used under license. Invesco Next Gen Media and Gaming ETF is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX World AC NexGen Media Index or its data.

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.