Notable companies
The most notable companies in this group are Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), Wynn Resorts Limited (NASDAQ:WYNN), Melco Resorts & Entertainment Limited (NASDAQ:MLCO).
Industry description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Gaming Index.
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. To be initially eligible for the index, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment. It is non-diversified.
Market Cap
The average market capitalization across the VanEck Gaming ETF ETF is 14B. The market cap for tickers in the group ranges from 300.29M to 45.51B. ALL holds the highest valuation in this group at 45.51B. The lowest valued company is TLC at 300.29M.
High and low price notable news
The average weekly price growth across all stocks in the VanEck Gaming ETF ETF was 2%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 9%. DKNG experienced the highest price growth at 6%, while IGT experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the VanEck Gaming ETF ETF was -41%. For the same stocks of the ETF, the average monthly volume growth was -0% and the average quarterly volume growth was -28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 72
Price Growth Rating: 49
SMR Rating: 68
Profit Risk Rating: 63
Seasonality Score: 51 (-100 ... +100)