First Trust S-Network Streaming and Gaming ETF

BNGE

Börsenwert 4,73 Mio. $

Disney's earnings beat, streaming momentum and parks growth put ETFs with heavy exposure to the company in focus.

Tech sector under pressure as trade tensions, AI disruption and demand swings shake confidence.

When I survey the thematic landscape and the top-performing themes so far this year, it looks quite reminiscent of the year 2020 during the last Trump administration. Themes like gold mining, video gaming, online retail, and streaming media are at the top of the performance list.

You have probably seen This or That games across social media. This is a just-for-fun version for ETF fans that covers some of the biggest themes among equity ETFs.

Netflix (NFLX) topped both earnings and revenue estimates and delivered its strongest first-quarter customer additions since the pandemic. However, it issued disappointing second-quarter revenue guidance, which dragged the stock down.

Netflix has risen about 26% over the past three months and has a reasonable chance to beat earnings estimates.

Look into how Disney heavy ETFs performed after its Q1 earnings.

Netflix logged its best weekly performance in over a year last week on upbeat outlook and strong subscriber growth in Q4 of 2023. However, since the stock looks pricey at the current level, investors may play Netflix-heavy ETFs to tap the winning momentum.

The streaming giant Netflix (NFLX) reported mixed Q4 results. But it added strong subscriber base and offered moderately upbeat guidance.

The pioneer in the streaming space Netflix (NFLX) is scheduled to report fourth-quarter 2023 results on Jan 23 after market close.