An array of disruptive technology and thematic exchange traded funds soared last year due to coronavirus pandemic, providing some silver lining for investors amid one of the worst global health crises on record.
Among those deliverers of exhilarating 2020 performances were video game ETFs. Funds such as Global X Video Games & Esports ETF (HERO) soared as much of the world was forced to shelter-in-place to stem the spread of COVID-19. Investors responded, pouring hundreds of millions of dollars into HERO and rival funds.
Fast-forward to 2021 and whether it’s the result of rising Treasury yields plaguing growth stocks – the factor classification for most video game companies – or the result of some coronavirus…
