Let me start by outing myself. I like the idea of ETF’s. Strangely I hold none in my real portfolio and only this one in Strawman.

Index ETF’s do just that. Follow the index, thematic ETF’s like this one follows an idea. Now I am old and don’t get e-Sports or the idea that watching them could be a good use of time. But who am I to say, this shit is HUGE.

So, I used the ETF to trend follow something I am not exactly behind but many others are. Make sense?

What I also liked about the ETF were the holdings. Not e-Sport specific in many ways. Some are large brands that are actually hard to hold as individual holdings due to their listing home. The top 25 holdings account for over 60% of the ETF and include brands such as:

·      NVIDIA CORP  

·      TENCENT HOLDINGS LTD        

·      ADVANCED MICRO DEVICES INC        

·      NINTENDO CO LTD      

·      ACTIVISION BLIZZARD INC      

·      ELECTRONIC ARTS INC

I’ve taken only a relatively small holding, but if the trend continues and the managers are half decent in following the trend, I will likely add more.

Caveat for any ETF is to check the management fees. In the case of ESPO from VanEck it is 0.55% not terrible, but again it’s not an index tracer either meaning some intelligence needs to be funded.