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With Korea’s largest game show G-Star and the international e-sports game LoL World Championship (Worlds Cup) successfully concluded, the returns of game-related exchange traded funds (ETFs) are also increasing.
According to the Korea Exchange on the 20th, the rate of return of domestic game ETFs exceeded 10% over the past month (October 20 to November 17).
‘TIGER K Game’, which recorded the highest return, recorded a return of 15.59% during this period.
This ETF contains representative gaming companies such as Krafton and Wemade.
In addition, ‘KBSTAR Game Theme’ (15.29%), ‘TIGER KRX Game K-New Deal’ (15.11%), ‘KODEX Game Industry’ (14.11%) and ‘HANARO Fn K-Game’ (13.99%) achieved high returns. did.
This appears to be due to the fact that game companies announced good performance for the third quarter and the opening of G-Star this month coincided with increased expectations for the game industry.
Krafton’s operating profit in the third quarter of this year was 189.3 billion won, a 31% increase compared to the same period last year.
Wemade was in the red for five consecutive quarters from the second quarter of last year to the second quarter of last year, but turned into a surplus in the third quarter of this year, recording an operating profit of 45.4 billion won.
It was calculated that a total of 197,000 people attended G-STAR, which closed at BEXCO in Busan on the 19th over four days.
The number of visitors increased by 7% compared to 184,000 last year.
Interest in e-sports is also hot. About 18,000 spectators attended this year’s World Cup finals held at Gocheok Sky Dome in Guro-gu, Seoul on the 19th.
The number of live viewers is estimated to be 100 million worldwide.
As the gaming industry took off, U.S. gaming-related ETFs also showed returns close to 10%.
This month, the rate of return for ‘VanEck Video Games and e-Sports’ reached 9.92%.
At the same time, ‘Global
