Together, that has helped the gaming ETF return 45.5% YTD, per ETF Database data. That outperformed its ETF Database Category and FactSet Segment averages in that time. Are thematics on the rise? At least in the gaming category, ESPO appears to be delivering with its laser focus on its theme. For those wanting exposure to an important and exciting technology space, the gaming ETF could be one to watch. For more news, information, and analysis, visit the Beyond Basic Beta Content Hub. Thematic ETFs have lo ...

Core Insights - The Invesco Leisure and Entertainment ETF (PEJ) is a passively managed fund launched on June 23, 2005, aimed at providing broad exposure to the Consumer Discretionary - Leisure and Entertainment segment of the equity market [1] - The fund has accumulated over $350.98 million in assets, making it one of the larger ETFs in its category [3] - PEJ seeks to match the performance of the Dynamic Leisure & Entertainment Intellidex Index, which evaluates U.S. leisure and entertainment companies based on various investment criteria [4] Fund Details - The ETF has an annual operating expense ratio of 0.57%, which is competitive within its peer group, and a 12-month trailing dividend yield of 0.1% [5] - The fund's portfolio is heavily allocated to the Consumer Discretionary sector, comprising about 57.2% of total assets, with Telecom and Industrials following [6] - The top three holdings include Royal Caribbean Cruises Ltd (6.06%), Doordash Inc, and Sysco Corp, with the top 10 holdings accounting for approximately 46.3% of total assets [7] Performance Metrics - As of August 14, 2025, the ETF has gained about 12.57% year-to-date and 34.79% over the past year, with a trading range between $42.84 and $59.35 in the last 52 weeks [8] - The ETF has a beta of 1.24 and a standard deviation of 21.44% over the trailing three-year period, indicating a higher risk profile compared to peers [8] Alternatives - The Invesco Leisure and Entertainment ETF has a Zacks ETF Rank of 4 (Sell), suggesting it may not be the best option for investors seeking exposure to the Consumer Discretionary ETFs segment [10] - Alternatives include the Global X Video Games & Esports ETF (HERO) with $163.01 million in assets and an expense ratio of 0.5%, and the VanEck Video Gaming and eSports ETF (ESPO) with $421.96 million in assets and an expense ratio of 0.56% [11]

Core Insights - The Invesco Leisure and Entertainment ETF (PEJ) offers broad exposure to the Consumer Discretionary sector and has amassed over $340.2 million in assets, making it one of the larger ETFs in this category [5][10] - PEJ seeks to match the performance of the Dynamic Leisure & Entertainment Intellidex Index, which evaluates U.S. leisure and entertainment companies based on various investment criteria [6][10] - The ETF has a year-to-date performance increase of approximately 8.89% and a 12-month increase of about 34.11% [10] Fund Management and Strategy - Managed by Invesco, PEJ employs a smart beta strategy that focuses on non-cap weighted stock selection to potentially outperform traditional market cap weighted indexes [3][5] - The fund's expense ratio is 0.57%, which is competitive within its peer group, and it has a trailing dividend yield of 0.10% [7] Sector Exposure and Holdings - The fund has a significant allocation of 57.9% to the Consumer Discretionary sector, with Telecom and Industrials also being prominent sectors [8] - Royal Caribbean Cruises Ltd (RCL) is the largest holding at approximately 6.06% of total assets, with the top 10 holdings comprising about 46.3% of total assets under management [9] Performance Metrics - PEJ has a beta of 1.24 and a standard deviation of 21.48% over the trailing three-year period, indicating a higher risk profile compared to its peers [10] - The ETF has traded between $42.70 and $59.35 in the past 52 weeks, reflecting its price volatility [10] Alternatives and Market Position - PEJ may not be the best option for investors looking to outperform the Consumer Discretionary ETFs segment, with alternatives such as the Global X Video Games & Esports ETF (HERO) and VanEck Video Gaming and eSports ETF (ESPO) available [11][12] - Traditional market cap weighted ETFs are suggested for investors seeking lower-cost and lower-risk options [13]